SEOUL, Aug. 3 (Korea Bizwire) — One in four teachers cited insufficient punishment for misbehaving students and parents as the main reason for the increase in the infringement of teachers’ rights, a poll by the education ministry showed Thursday. In the online survey of 22,084 teachers working at 1,315 kindergartens and elementary, middle, high and [...]
SEOUL, Aug. 3 (Korea Bizwire) – Imported vehicle sales in South Korea fell 1.3 percent last month from a year earlier due to the end of tax cuts and lack of supplies in some brands, an industry association said Thursday. The number of newly registered imported cars came to 21,138 units in July, down from [...]
SEOUL, Aug. 3 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s leading auto parts maker, said Wednesday it has developed a glove box for electric vehicles (EVs), which will be featured in Kia Corp.’s all-electric EV9 flagship SUV. Inspired by the structure of aircraft cabin storage compartments, the parabolic motion glove box offers a higher [...]
SEOUL, Aug. 2 (Korea Bizwire) — Samsung Electronics Co. said Tuesday that preorders for its latest smartphones — Galaxy Z Flip5 and Galaxy Z Fold5 — via a live broadcast on Samsung.com were twice as high as the previous series. During the 1-hour and 40-minute live pre-order broadcast, the company offered the two Galaxy phones [...]
SEOUL, Aug. 2 (Korea Bizwire) — A ship carrying the Joseon Tongsinsa, a diplomatic delegation sent by Korea’s Joseon Dynasty (1392-1910) to Japan, set sail from Busan on Tuesday. Restored by the National Research Institute of Maritime Cultural Heritage in 2018, the ship arrived at Hitakatsu Port in Tsushima, Japan on the same day. On [...]
SEOUL, Aug. 2 (Korea Bizwire) — LG Electronics Inc.’s front-load washing machine has been recognized as “the best front-load washer” by a U.S. consumer advocacy magazine. In the “Best Front-Load Washers–and the Worst” ratings announced by Consumer Reports, LG’s front-load washers claimed the top four positions, earning 85 to 87 points. Consumer Reports noted that [...]
SEOUL, Aug. 2 (Korea Bizwire) — South Korea’s fair trade regulator said Wednesday the number of consumer complaints regarding flight tickets more than doubled on-year in the first half of 2023 amid recovering demand for global travel. The number of such airline complaints filed to authorities reached 834 over the January-June period, rising sharply from [...]
SEOUL, Aug. 2 (Korea Bizwire) — The Ministry of Environment announced that it will revise the enforcement regulation of the Wildlife Protection and Management Law to designate the great cormorant as a harmful wild animal within the second half of this year. Once classified as a harmful species, animals can be captured with the permission [...]
SEOUL, Aug. 1 (Korea Bizwire) — Online shopping in South Korea moved up 7.7 percent in June from a year earlier on the back of a rebound in the demand for travel services, data showed Tuesday. The value of online shopping transactions amounted to 18.42 trillion won (US$14.41 billion) in June, compared with 17.1 trillion [...]
SEOUL, Aug. 1 (Korea Bizwire) — The market capitalization of South Korea’s conglomerates soared more than 350 trillion won (US$273.8 billion) this year amid a bullish trend in the country’s stock markets, data showed Tuesday. The combined value of a total of 338 listed companies owned by 73 business groups reached 1.77 quadrillion won as [...]