SEOUL, Sept. 25 (Korea Bizwire) — Roughly two-thirds of single South Korean women believe that government policy in place to encourage giving birth to children falls short of influencing decisions on marriage and childbirth. Gayeon Matchmaking Consulting Service conducted a survey of 1,000 single men and women, 65 percent of whom believed that government policy [...]
SEOUL, May 8 (Korea Bizwire) — More than half of South Korean adults positively evaluate the Moon Jae-in government’s policy of making peace with North Korea, a poll showed Wednesday. Realmeter’s survey of 505 people older than 19 nationwide found that 52.2 percent gave a positive assessment of Moon’s peace policy for the Korean Peninsula. [...]
SEOUL, Jan. 21 (Korea Bizwire) — Nearly 340,000 people have signed a petition opposing the Moon Jae-in government’s nuclear phase-out policy and demanding the resumption of construction of the Shin Hanul 3 and 4 nuclear plants, its organizers said Monday. The organizers, led by the main opposition Liberty Korea Party (LKP) and civic groups, said [...]
SEOUL, Dec. 17 (Korea Bizwire) — The South Korean economy has one of the highest portions of individuals running their own stores and shops, and they are getting pushed to the brink by a slumping economy and policy missteps, market watchers said Monday. Data from Statistics Korea put the number of self-employed people at some [...]
SUWON, Aug. 17 (Korea Bizwire) – Speaking on youth unemployment and the difficulties small and medium-sized businesses face in hiring and retaining new employees, Gyeonggi Governor Nam Gyeong Pil unveiled a number of policy proposals that would seek to resolve both issues. There were three chief proposals for those ages 18 through 34 in his [...]
SEJONG, July 1 (Korea Bizwire) – The South Korean government said Friday it will inject 5 trillion won (US$4.35 billion) into encouraging the use of eco-friendly vehicles to bring down fine dust particle levels in the air that have emerged as a source of concern here. The government will spend 3 trillion won on pushing [...]
BOEUN, June 11 (Korea Bizwire) – There’s an unfamiliar face working alongside Korean farmers at Mr. Song’s garlic farm in a peaceful town in Boeun County, North Chungcheong Province. His name is Tran, and he’s a 45-year-old Vietnamese citizen who arrived in Korea last week to help out with Song’s farming operation. Tran was recommended [...]
SEOUL, Feb. 16 (Korea Bizwire) – The Cabinet approved a law revision Tuesday to toughen the punishment for taxi drivers who rip off passengers. Under the revision, a taxi driver who is caught three times for overcharging a customer will face the maximum punishment of having his business license nullified. Previously, a taxi driver who [...]
SEOUL, Jan. 15 (Korea Bizwire) -South Korea’s finance minister and the central bank chief agreed Friday to strengthen cooperation in managing economic and monetary policies in a bid to tide over current challenges at home and abroad. At their first meeting since Finance Minister Yoo Il-ho took office on Wednesday, Yoo and Bank of Korea [...]
SEJONG, Jan. 14 (Korea Bizwire) - South Korea will make full use of its free trade agreements (FTAs) and diversify products and services it sells overseas to revive exports in 2016 after a disappointing performance a year earlier, the trade ministry said Thursday. In a 2016 policy report to President Park Geun-hye, the Ministry of Trade, [...]