SEOUL, Jul. 1 (Korea Bizwire) – A South Korean court has ruled that an airline’s decision to lay off pilots during the COVID-19 pandemic was justified, given the severe economic challenges faced by the aviation industry. The Seoul Administrative Court recently dismissed a lawsuit filed by 29 pilots who were laid off from Airline A in [...]
SEOUL, May 2 (Korea Bizwire) – With the Covid-19 pandemic waning in South Korea, a government survey has found that most aspects of teenagers’ daily lives, including relationships with friends and family as well as school experiences, are undergoing positive changes. Adolescents have reported spending significantly more time confiding in their parents about their concerns, sharing [...]
SEOUL, Apr. 30 (Korea Bizwire) – South Korea’s industrial makeup grew more service-driven during the Covid-19 pandemic as the healthcare and remote service sectors expanded while manufacturing contracted, central bank data has revealed. The share of services in the country’s total output climbed 4.4 percentage points to 49.3% in 2020 from 44.9% five years earlier, according [...]
SEOUL, Jan. 25 (Korea Bizwire) — During the COVID-19 pandemic in 2020 and 2021, South Korean women in their 30s experienced suicidal impulses at a rate twice that of their male counterparts, a recent survey has revealed. Despite awareness of government mental health support projects, over 80% of these individuals hesitated to use services like suicide [...]
SEOUL, Oct. 11 (Korea Bizwire) – Amidst the peak of the COVID-19 pandemic, South Korea stood out as an exemplary nation in its approach to combating the novel coronavirus. In a May 2020 article focused on global health policy, CNN highlighted South Korea and Germany as shining examples of how to navigate a world transformed by [...]
SEOUL, Aug. 27 (Korea Bizwire) — North Korea has lifted an entry ban imposed on its citizens staying abroad over COVID-19 concerns, state media reported Sunday, reopening its border following more than three years of its stringent virus restrictions. The North’s national emergency epidemic prevention headquarters announced that North Korean “citizens abroad have been allowed [...]
SEOUL, July 24 (Korea Bizwire) — South Korean households have saved an additional 100 trillion won (US$77.7 billion) or over during the COVID-19 pandemic from before the pandemic on reduced consumption and increased government support, a central bank report showed Monday. Excess savings made from 2020-2022 totaled between 101 trillion won and 129 trillion won, [...]
SEOUL, June 25 (Korea Bizwire) — The number of violent crimes that saw a significant drop in the initial years of the pandemic bounced back last year partially on eased social distancing measures, data showed Sunday. A total of 450,623 violent crimes were reported last year, up 7.4 percent from 419,683 cases the previous year, [...]
SEOUL, June 2 (Korea Bizwire) — In the last three years, career interruptions due to the coronavirus pandemic have become a serious problem among South Korean women, with a higher percentage of them experiencing career interruptions compared to men, and it takes longer for them to return to the job market. The Ministry of Gender [...]
SEOUL, April 20 (Korea Bizwire) — One in three parents with disabled children faced substantial financial struggles to take care of their children and fill the education vacuum caused by COVID-19 when schools were temporarily closed, a survey showed Wednesday. According to the survey of 4,785 parents with disabled children, 34 percent of them faced [...]