SEOUL, Oct. 9 (Korea Bizwire) – In South Korea, over 270,000 people have been diagnosed with long Covid, the lingering effects of coronavirus infection, according to data released by the Health Insurance Review and Assessment Service. The figures, obtained by Baek Jong-heon, a lawmaker from the People Power Party, show that from 2020 through July of this [...]
SEOUL, Oct. 9 (Korea Bizwire) – As South Korea grapples with a plummeting birth rate, a growing number of childcare facilities are finding new purpose as long-term care centers for the elderly, highlighting the country’s dramatic demographic shift. According to data obtained by Representative Jeon Jin-suk of the Democratic Party from 17 provincial and metropolitan governments, [...]
SEOUL, Oct. 9 (Korea Bizwire) – The possibility of war breaking out on the Korean Peninsula has reached its highest level since the 1950-53 Korean War, according to a recent analysis published in Foreign Policy magazine. Robert Manning, a senior fellow at the Stimson Center, a Washington-based think tank, wrote in his article that while an immediate [...]
SEOUL, Oct. 9 (Korea Bizwire) – A new study from South Korea has uncovered a disturbing link between diabetes, economic hardship, and suicide risk, highlighting the urgent need for social attention and practical support for vulnerable patients. The Korean Diabetes Association (KDA) reported on October 8 that low-income individuals with diabetes face a suicide risk 4.34 times [...]
SEOUL, Oct. 9 (Korea Bizwire) – South Korea’s job market presented a mixed picture in the first half of 2024, with significant job losses in construction and retail sectors contrasting with growth in social welfare and software development, according to a report released by Statistics Korea on October 8. The “Regional Employment Survey: Industrial and Occupational Characteristics [...]
SEJONG, Oct. 8 (Korea Bizwire) – A recent analysis of tax data has revealed significant income disparities within South Korea’s professional sectors, with lawyers and accountants showing particularly pronounced inequality. According to a report released on October 7 by Park Sung-hoon, a lawmaker from the People Power Party, the top 10% of earners in these professions accounted [...]
BUSAN, Oct. 8 (Korea Bizwire) – Rising sea temperatures and deteriorating fishing conditions are driving a wave of closures among South Korea’s offshore fishing vessels, with more than half of the fleet considering decommissioning. The National Federation of Fisheries Cooperatives for Large Trawlers announced on October 7 that 74 out of 136 vessels in its fleet have [...]
SEOUL, Oct. 8 (Korea Bizwire) – A Buddhist temple stay program aimed at single adults in their 40s has resulted in four new couples, marking a successful debut for this age-specific iteration of what has become a popular matchmaking initiative. The event, held on October 5 and 6 at Hwagye Temple in Seoul’s Gangbuk district, attracted significant [...]
SEOUL, Oct. 8 (Korea Bizwire) – LG Electronics has thrown its support behind an ambitious cultural project that will see the world’s largest Hangeul (Korean alphabet) mural adorning the walls of the Korean Cultural Center New York in Manhattan, the company announced on October 7. The Hangeul Wall Project, a collaboration between artist Kang Ik-Joong and the [...]
SEOUL, Oct. 8 (Korea Bizwire) – A concerning number of traffic accidents have occurred while vehicles were operating under Adaptive Cruise Control (ACC), a feature designed to maintain a set speed and distance from the car ahead, according to recent data from the Korea Expressway Corporation. The report, released on October 7 by Democratic Party lawmaker Park [...]