SEOUL, March 26 (Korea Bizwire) — The Ministry of Education said Wednesday it is considering introducing online classes nationwide, if the ongoing spread of the coronavirus outbreak shows little sign of letting up or students and faculty members get infected. However, the education community is voicing concern that local school sites do not appropriate systems [...]
SEOUL, March 26 (Korea Bizwire) – South Korean companies that embarked on domestic production of hydrogen fluoride after Japan’s export restriction last year have recorded satisfactory performance. It is seen as an exemplary case where companies, both large and small, and the government joined hands to turn the crisis into opportunity. Soulbrain Co., a South [...]
SEOUL, March 26 (Korea Bizwire) — With the novel coronavirus pandemic prompting alarming headlines on a daily basis, the majority of employees at multinational companies in South Korea are working from home in various ways. Mercer Korea, a human resources consulting firm, conducted a survey on 265 multinational companies in the country and found that [...]
SEOUL, March 26 (Korea Bizwire) — While the importance of work-life balance has emerged and the tendency to value individual leisure has become stronger, workers are dreaming of calling it a day on time. However, in South Korea, the reality is that there is no real possibility of leaving work on time. According to a [...]
SEOUL, March 25 (Korea Bizwire) — South Korea’s top conglomerate Samsung Group is focusing its efforts to overcome the crisis caused by the coronavirus. As the country continues to struggle from a shortage of protective masks, Samsung announced Tuesday that it has set out to donate 330,000 protective masks acquired from overseas and support mask [...]
SEOUL, March 25 (Korea Bizwire) — Millennial job seekers prefer companies where they can engage in tasks they like, rather than companies offering a high annual salary. JobKorea, a local job search portal, conducted a survey of 790 job seekers born between 1980 and the 2000s, 41.9 percent of whom said they want to work [...]
SEOUL, March 25 (Korea Bizwire) — A group of South Korean scientists has identified the role of Antarctic ice shelves, revealing that they function as barriers preventing warm sea water flowing in from outside, and slowing the melting of Antarctic glaciers. The ice shelves are huge sheets of ice, hundreds of meters thick, that surround [...]
SEOUL, March 25 (Korea Bizwire) — South Korea’s chief financial regulator has announced a host of new policy measures and reforms, including a measure to prevent parents who are estranged from their children from receiving insurance money for their children’s deaths. The Financial Services Commission (FSC) said Tuesday that it has drawn up 18 improvements [...]
SEOUL, March 24 (Korea Bizwire) — With the novel coronavirus spreading rapidly across the globe, the medical community in South Korea has been hit hard by the outbreak as well – in a surprising way. Rather than being overcome with patients, some clinics are actually facing a dearth of patients that is having a significant [...]
SEOUL, March 24 (Korea Bizwire) — As drive-through services to deal with the coronavirus rise in popularity, more people are bringing their cars to car washes and disinfection facilities, which are now enjoying a surprise boom in business. Cho Yeong-min, the owner of a car wash in Daegu, the southeastern city hit hardest by the [...]