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UNITED SIKHS Australia Joins with Local Agencies to Provide COVID-19 Support

UNITED SIKHS Australia Joins with Local Agencies to Provide COVID-19 Support

MELBOURNE, AUSTRALIA, May 4 (Korea Bizwire) — UNITED SIKHS, a United Nations affiliated international non-profit, humanitarian relief, human development and advocacy organization, has had boots on the ground providing support and supplies to families in need during the COVID-19 pandemic all over the world including Australia. Before World Health Organisation (WHO) announced COVID-19 as pandemic, [...]

Creditors to Inject 1.2 tln Won into Virus-affected Korean Air

Creditors to Inject 1.2 tln Won into Virus-affected Korean Air

SEOUL, April 24 (Korea Bizwire) — South Korea’s two state-owned lenders said Friday that they will inject 1.2 trillion won (US$972 million) into the country’s top airline, Korean Air Lines Co., to help the company weather the impact of the COVID-19 outbreak on the airline sector. The Korea Development Bank (KDB) and the Export-Import Bank [...]

Top Conglomerates Offer Support as India Extends World’s Biggest COVID-19 Lockdown

Top Conglomerates Offer Support as India Extends World’s Biggest COVID-19 Lockdown

SEOUL, April 16 (Korea Bizwire) — South Korea’s large business groups are continuing to provide support to India, which has enacted strict measures to limit the spread of new coronavirus. Although factories have been closed due to the national lockdown, Korean companies have been increasing support activities for local residents most affected by the outbreak. [...]

Growing Number of High School Dropouts Entering University

Growing Number of High School Dropouts Entering University

SEOUL, Dec. 18 (Korea Bizwire) — Many students outside of school are reportedly studying hard through government support or preparing to enter society through employment and job training. According to the Ministry of Gender Equality and Family, 16,000 out of 43,188 teenagers who used the Support Center for Out of School Teens have shown significant [...]

4 in 10 Middle-aged Adults Support Both Their Children and Parents

4 in 10 Middle-aged Adults Support Both Their Children and Parents

SEOUL, May 28 (Korea Bizwire) – About 4 out of 10 middle-aged South Koreans are burdened with “double care”, where they have to support their single children in adulthood along with their elderly parents. According to a report released by the Korea Institute for Health and Social Affairs, 39.5 percent of the 1,000 middle-aged people [...]

Seoul to Spend More on Struggling Shipyards

Seoul to Spend More on Struggling Shipyards

SEOUL, Apr. 24 (Korea Bizwire) — South Korea’s industry ministry said Wednesday it would spend 70 billion won (US$61 million) to support local shipbuilders’ efforts to recover from an industrywide slump. The Ministry of Trade, Industry and Energy said the newly earmarked spending will center on helping local shipyards tap deeper into the market for [...]