SEOUL, Dec. 27 (Korea Bizwire) — The number of foreigners staying in South Korea for 90 days or longer for work or study has exceeded 1.6 million as of November, with about half of them living in the greater Seoul area, data showed Saturday. The figure, which came in at 1.1 million in 2021 and [...]
SEOUL, Dec. 16 (Korea Bizwire) — Starting January 2, South Korea will allow foreign residents to file mandatory employment information online, easing a long-standing administrative burden, the Ministry of Justice said Tuesday. Foreign nationals engaged in profit-making work are legally required to report their occupation and income, and to file updates within 15 days of [...]
SEOUL, Sept. 17 (Korea Bizwire) — More than nine in 10 South Korean small and medium-sized enterprises (SMEs) employing foreign workers say they do so because it is nearly impossible to hire locals, according to a survey released Tuesday. The Korea Federation of SMEs said it polled 503 firms with more than 50 employees in [...]
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 [...]
SEOUL, May 15 (Korea Bizwire) — In a bid to ease mounting labor shortages in its service industry, the South Korean government announced Thursday an expansion of permissible job roles for foreign workers under the Employment Permit System (E-9 visa), particularly in delivery services, restaurants, and the hospitality sector. At the 47th Foreign Workforce Policy [...]
SEOUL, Oct. 1 (Korea Bizwire) – A recent study by the Bank of Korea suggests that an influx of foreign workers leads to increased employment opportunities for South Korean nationals in the long run, challenging some common perceptions about immigrant labor. The report, titled “The Impact of Foreign Worker Inflow on Regional Labor Markets,” was presented [...]
GIMHAE, YANGSAN & MIRYANG, Aug. 9 (Korea Bizwire) – With a relentless heatwave gripping South Korea, authorities are scrambling to protect foreign workers in the manufacturing hubs of Gimhae, Yangsan, and Miryang from heat-related illnesses. According to the Yangsan branch of the Ministry of Employment and Labor, as of late June, 13,309 foreign workers were employed [...]
SEOUL, Jul. 24 (Korea Bizwire) – A recent analysis of remittance data reveals a significant shift in the financial habits of foreign workers residing in South Korea, with an increasing number opting to send money to their own accounts abroad rather than to family members. BC Card, in collaboration with fintech company Global Money Express (GME), [...]
SEOUL, Jun. 24 (Korea Bizwire) – The Korea Occupational Safety and Health Agency (KOSHA) announced on June 23 that it is distributing multilingual safety and health educational materials to help foreign workers better understand industrial accidents and work more safely. In response to the growing number of foreign workers in various industries, particularly shipbuilding, where serious [...]
SEOUL, Jun. 20 (Korea Bizwire) — Prime Minister Han Duck-soo said Thursday the government will improve its management of foreign workers to help address labor shortages caused by a declining and aging population. Han made the remark during a government meeting held in the central administrative city of Sejong, saying the government drew up a [...]