SEOUL, Dec. 20 (Korea Bizwire) – A recent South Korean Supreme Court ruling, allowing nurses to perform bone marrow aspiration procedures under general supervision, has ignited sharp divisions among medical professionals, nurses, and patient advocacy groups. The ruling coincides with ongoing discussions on the implementation of the Nursing Act, set to take effect in June 2025. [...]
SEOUL, Dec. 20 (Korea Bizwire) – The Seoul Metropolitan Government announced on December 19 that it has applied universal design principles to improve accessibility and safety in public spaces, including pedestrian underpasses, hiking trails, and public restrooms in traditional markets. Universal design ensures spaces are safe and convenient for everyone, regardless of age, gender, ability, [...]
SEOUL, Dec. 20 (Korea Bizwire) – South Korea has reformed what was deemed an “absurd regulation” that applied different postpartum care support standards to maternal grandmothers and paternal grandmothers-in-law, the Office for Government Policy Coordination announced on December 19. The issue emerged as the top concern in the government’s “Absurd Regulations Public Contest” and was discussed [...]
SEOUL, Dec. 20 (Korea Bizwire) – The proportion of never-married individuals in their 40s has increased dramatically in South Korea, with 23.6% of men and 11.9% of women remaining single in 2020 – representing a 6.7-fold and 5.7-fold increase respectively compared to 20 years ago, according to a new government report. Statistics Korea released these findings [...]
SEOUL, Dec. 20 (Korea Bizwire) – South Korean workers reported an average annual income of 43.32 million won in 2023, an increase of more than 1 million won from the previous year, according to year-end tax settlement data. The number of high-income earners making over 100 million won annually reached 1.39 million, while 33% of workers [...]
SEOUL, Dec. 20 (Korea Bizwire) – Starting December 21, real estate registry documents for properties under trust will include precautionary notes to prevent rental scams, particularly jeonse fraud, following amendments to the Real Estate Registration Act, the Supreme Court’s Administration Office announced on December 19. Jeonse fraud occurs when tenants are defrauded in jeonse transactions—a unique [...]
SEOUL, Dec. 19 (Korea Bizwire) – South Korea’s ambitious “Blue Whale Project,” aimed at exploring oil and gas reserves off the coast of Pohang, is facing significant hurdles due to political turmoil, budget cuts, and opposition from local fishermen. The drilling vessel West Capella began operations on December 17, drilling 2 kilometers into the seabed at [...]
SEOUL, Dec. 19 (Korea Bizwire) – China’s TV industry has made a significant leap in the global premium market, with leading brands TCL and Hisense overtaking South Korea’s Samsung Electronics in key segments. According to market research firm Omdia, TCL captured 23% of the 80-inch-and-above TV market in Q3 2024, maintaining its lead over Samsung for [...]
SEOUL, Dec. 19 (Korea Bizwire) – South Korean industry and academia have proposed creating a “KSMC” (Korea Semiconductor Manufacturing Company), modeled after Taiwan’s TSMC, to address challenges facing the nation’s semiconductor industry. The plan, revealed at a seminar held by the National Academy of Engineering of Korea (NAEK) on December 18, aims to build a [...]
SEOUL, Dec. 19 (Korea Bizwire) – South Koreans will soon be able to benefit from a new service that analyzes their usage patterns to recommend optimal smartphone plans, according to an announcement by the Ministry of Science and ICT on December 18. The initiative was approved along with four other regulatory exemptions during the 38th New [...]