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About 1 in 20 Young Seoul Residents Live in Social Isolation Due Mainly to Unemployment

About 1 in 20 Young Seoul Residents Live in Social Isolation Due Mainly to Unemployment

SEOUL, Jan. 18 (Korea Bizwire) — About 1 in 20 young people in Seoul live in isolation or seclusion from society due mainly to difficulties in finding a job or mental problems, a survey by the city government showed Wednesday. An estimated 4.5 percent, or about 129,000, of Seoul residents aged between 19-39 were surveyed [...]

Number of Foreigners Filing Taxes in S. Korea Down for 2021 Income amid Pandemic

Number of Foreigners Filing Taxes in S. Korea Down for 2021 Income amid Pandemic

SEOUL, Jan. 18 (Korea Bizwire) — The number of foreign workers filing taxes in South Korea for 2021 income fell 7.3 percent from a year earlier, data showed Wednesday, amid the restricted travel following the COVID-19 pandemic. A total of 505,000 foreign workers filed a year-end tax settlement for their 2021 income, down from 545,000 [...]

S. Korea Importing Jersey Cow Embryos

S. Korea Importing Jersey Cow Embryos

SEOUL, Jan. 18 (Korea Bizwire) — The agriculture ministry said Tuesday it will introduce the embryos of Jersey cows to boost the production of dairy products using domestically produced milk. Jersey cows, which are nicknamed “brown milk cows,” produce small amounts of milk but with high protein and fat content, offering advantages in the production [...]

Top Firms Invest Big in Environment, Safety Areas in 2022

Top Firms Invest Big in Environment, Safety Areas in 2022

SEOUL, Jan. 18 (Korea Bizwire) — Major South Korean companies spent more than 5 trillion won (US$4.04 billion) in 2022 to help cut air pollution and promote workplace safety as part of their so-called environment, social and governance (ESG) management, a report said Wednesday. The country’s top 100 firms by sales invested 5.44 trillion won [...]

U.S. Beef Takes Up Over Half of S. Korea’s Total Imports in 2022

U.S. Beef Takes Up Over Half of S. Korea’s Total Imports in 2022

SEOUL, Jan. 17 (Korea Bizwire) — U.S. beef accounted for more than 50 percent of South Korea’s total imports of the meat in 2022, taking up the top spot for six years, industry data showed Tuesday. Asia’s fourth-largest economy imported 256,910 tons of American beef last year, or 54.1 percent of its total beef imports [...]

Asiana Redeploys Cargo Planes for Passenger Flights

Asiana Redeploys Cargo Planes for Passenger Flights

SEOUL, Jan. 17 (Korea Bizwire) — Asiana Airlines Inc., South Korea’s second-biggest carrier, said Monday it has returned all passenger aircraft once used as cargo planes during the pandemic to their original state. The company completed the remodeling of the aircraft ahead of the reopening of international flight routes in recent months. The company converted [...]