CHEONGJU, March 14 (Korea Bizwire) — North Chungcheong Province is planning to offer pregnant women benefits equal to the likes of a national honoree. The provincial office said Monday it will come up with plans to provide special benefits for pregnant women like traffic benefits, discounts on outdoor/public activities, and providing exclusive booths at financial [...]
SEOUL, Jan. 13 (Korea Bizwire) — The number of South Korean employees working fewer than 15 hours a week reached a new high last year, a statistics agency said Thursday. Statistics Korea reported that there were 1,577,000 people working between one and 14 hours per week last year, an increase of 65,000 people from the [...]
SEOUL, Dec. 22 (Korea Bizwire) — The Ministry of Land, Infrastructure and Transport said Wednesday it will strengthen the benefits of its cost-saving public transport cards for low-income individuals, the recipients of basic livelihood security and young people between the ages of 19 and 39. The card, dubbed as “Altteul Transport Card” provides public transport [...]
SEOUL, Jan. 12 (Korea Bizwire) — South Korean mobile carriers are taking membership benefits online as the coronavirus is resulting in higher consumption in the contact-free market. SK Telecom Co., for one, is introducing various membership benefits to T Membership, the company’s online membership platform, for a series of contact-free modes of consumption including online [...]
SEOUL, Oct. 21 (Korea Bizwire) — Among foreigners who received South Korean health insurance benefits over the past five years, Chinese people accounted for more than two thirds of the total. For cases of illegal health insurance coverage that happened during the same period, the clawback amount remained low at less than 50 percent. According [...]
SEOUL, Sept. 5 (Korea Bizwire) — Recently, commercial banks have been offering a series of “travel-themed” installment savings products. Subscribing to related products has become popular as account holders can receive airline mileage or travel-related benefits along with basic interest at maturity. On Wednesday, KEB Hana Bank unveiled its one-year installment savings product “My Trip,” [...]
SEOUL, April 27 (Korea Bizwire) – Refugees with disabilities are entitled to the same social security benefits as Korean nationals, South Korea’s human rights watchdog said Wednesday. The National Human Rights Commission of Korea said that it has asked the minister of health and welfare to revise the Welfare of Disabled Persons Act and related guidelines to ensure disabled refugees living in South Korea are treated equally [...]
SEJONG, March 22 (Korea Bizwire) – South Korea ranks low among the member nations of the Organization for Economic Cooperation and Development (OECD) in terms of the period during which jobless workers get unemployment benefits, a report said Wednesday. The relatively shorter period for unemployment allowances is a testament to the low level of the [...]
SEJONG, Nov. 30 (Korea Bizwire) – South Korea will offer on-spot tax refunds to foreign tourists who buy products at local duty-free shops starting Jan. 1, the government said Sunday. The Finance Ministry said it is moving to revise existing exemption guidelines governing foreign tourists so they need not pay value-added and excise taxes when they shop in the country. Under the proposed changes, an item costing less than 200,000 won (US$173) [...]