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Foreign Workers in South Korea Face High Risk of Industrial Accidents in Construction and Manufacturing Sectors

Foreign Workers in South Korea Face High Risk of Industrial Accidents in Construction and Manufacturing Sectors

SEOUL, July 14 (Korea Bizwire) — A new report from the Korea Immigration Policy Institute reveals that over 78 percent of all workplace injuries suffered by foreign workers in South Korea in 2023 occurred in the construction and manufacturing sectors. According to the analysis, of the 8,434 work-related accident cases approved for industrial accident compensation [...]

Mental Health Diagnoses Rising Among Korean Youth, Data Shows

Mental Health Diagnoses Rising Among Korean Youth, Data Shows

SEOUL, July 14 (Korea Bizwire) — A growing number of South Korean children and adolescents are being treated for mental health conditions, with one in every 27 receiving medical care for either attention deficit hyperactivity disorder (ADHD) or depression in 2023, according to new data. An analysis released on July 13 by the education advocacy group [...]

Seoul Reports 72 Sinkholes in First Half of 2025, Prompting Urgent Infrastructure Overhaul

Seoul Reports 72 Sinkholes in First Half of 2025, Prompting Urgent Infrastructure Overhaul

SEOUL, July 14 (Korea Bizwire) — A total of 72 sinkholes were reported across Seoul during the first half of 2025, underscoring growing concerns about the city’s aging underground infrastructure and prompting a major government response. According to data released Sunday by Seoul’s disaster and safety portal, Seoul Safer, sinkholes occurred at a rate of roughly [...]

Low Pension Enrollment Among Korean Youth Raises Long-Term Retirement Concerns

Low Pension Enrollment Among Korean Youth Raises Long-Term Retirement Concerns

SEOUL, July 12 (Korea Bizwire) — South Korea’s young population is facing a looming retirement crisis due to alarmingly low enrollment in the national pension system, according to a new report from the National Pension Research Institute, released Friday. The report, titled “Strategies to Expand National Pension Coverage for Young Adults,” highlights a combination of [...]

Korean Air’s Q2 Net Profit Up 13 pct On Increased Travel Demand

Korean Air’s Q2 Net Profit Up 13 pct On Increased Travel Demand

SEOUL, July 11 (Korea Bizwire) — Korean Air Co., South Korea’s leading air carrier, said Friday its net profit for the second quarter grew 13.4 percent from a year earlier thanks to stable demand in the company’s passenger services. The company’s net profit for the April-June period totaled 395.9 billion won (US$288.1 million) on a [...]

Physical Inactivity Persists Among Korean Adults Despite Health Risks

Physical Inactivity Persists Among Korean Adults Despite Health Risks

SEOUL, July 11 (Korea Bizwire) — Despite rising health concerns, just over a quarter of South Korean adults meet the recommended levels of physical activity, placing the country well above the global average for physical inactivity, according to a new government report. The Korea Disease Control and Prevention Agency (KDCA) revealed Wednesday that only 26.6% [...]

Foreign Worker Influx to Korea Drops for First Time in Four Years Amid Economic Slump

Foreign Worker Influx to Korea Drops for First Time in Four Years Amid Economic Slump

SEOUL, July 10 (Korea Bizwire) — The number of foreigners coming to South Korea to get a job fell for the first time in four years in 2024 as labor demand fell in the country amid an economic slowdown, data showed Thursday. In 2024, 164,000 foreign nationals came to Korea with a working visa, down [...]

New Proposal Seeks to Extend Employer Pension Contributions to Gig Workers

New Proposal Seeks to Extend Employer Pension Contributions to Gig Workers

SEOUL, July 10 (Korea Bizwire) — South Korea is weighing a significant pension reform that could bring platform workers — such as food delivery riders and chauffeur-for-hire drivers — under the same pension contribution scheme as regular employees, with their platforms potentially covering half of their premiums. A new report released Tuesday by the National [...]

Corporations Lag in Cybersecurity Investment Despite AI Push

Corporations Lag in Cybersecurity Investment Despite AI Push

SEOUL, July 10 (Korea Bizwire) — South Korea’s largest corporations continue to invest heavily in emerging technologies such as artificial intelligence and big data, but their spending on cybersecurity remains strikingly low — averaging just 0.1% of total revenue, according to new industry data. A study released Wednesday by corporate research firm CEO Score analyzed [...]