SEOUL, Jun. 3 (Korea Bizwire) – A staggering 24% of dual-income families in Seoul experience symptoms of depression, according to a new study by the Seoul Research Institute. Working mothers and fathers struggle with insufficient societal and institutional support for child-rearing and caregiving responsibilities. Alarmingly, 15.8% of unmarried youths in Seoul within the optimal marriage age [...]
SEOUL, Jun. 3 (Korea Bizwire) – The number of medical facilities capable of handling births in South Korea has plummeted by over 30% in the past decade, according to recent government data, raising concerns over access to maternal care across the nation. More than 70 regions either lack obstetrician-gynecologist (OB-GYN) clinics entirely or have facilities unable [...]
SEOUL, June 3 (Korea Bizwire) — Average South Korean workers in their 20s need 86.4 years to buy an apartment in Seoul using only their wage earnings, a report showed Monday. Lee Han-jin, a researcher at the Labor Institute of the Korean Confederation of Trade Unions, the largest umbrella union, released the report based on [...]
SEOUL, Jun. 3 (Korea Bizwire) – LG Electronics is introducing a new refrigerator brand called STEM that directly connects to a water line to produce purified water and ice. The company plans to expand the STEM lineup to more than half of its premium French-door refrigerator models and position it as a driving force for its [...]
SEOUL, June 1 (Korea Bizwire) – In a novel approach to combat mosquitoes and other pests, Gangnam District in Seoul has become the first area in the South Korean capital to launch a drone squad for targeted insecticide spraying. At a ceremony on May 31 at Neulbeot Neighborhood Park, Gangnam officials unveiled their new drone unit [...]
June, 1 (Korea Bizwire) –In an extraordinary effort to incentivize childbirth among its workers, the Booyoung Group, a major South Korean construction company, has paid out around 7 billion won to 66 employees who had babies, awarding each new parent the equivalent of 100 million won per child. The eye-popping “birthrate bonuses,” which were granted [...]
JEJU, South Korea, May 31 (Yonhap) – Provincial government heads on Friday each proposed various policy directions to develop their cities as a potential solution to the country’s rapidly aging population coupled with a low fertility rate. The remarks were made during a session on global branding policies for globalization at the Jeju Forum for [...]
UIJONGBU, May 31 (Korea Bizwire) – In a first for a South Korean provincial government, Gyeonggi Province announced on May 30 that it will distribute 10,000 queen bees starting in June to help beekeepers recover from winter bee colony losses. Since March, the province has been working diligently with municipal governments and beekeepers’ associations to raise [...]
SEOUL, May 31 (Korea Bizwire) – A towering new public art installation, standing 32 meters tall, is set to become a landmark in the heart of Seoul. On May 30, the Seoul Metropolitan Government announced that it would be holding an opening ceremony at 3:30 p.m. on May 31 for the “Rain Veil” artwork at the [...]
SEOUL, May 30 (Korea Bizwire) — Samsung Electronics said Thursday its new artificial intelligence-powered laptop will be available globally next month as part of its plans to lead the AI era. Powered by Qualcomm’s Snapdragon X Elite, a next-generation processor, the Galaxy Book 4 Edge features both on-device and cloud AI capabilities. These include real-time [...]