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Archive by category National Politics

Defector Group Sends More Propaganda Leaflets to North Korea, Sparking Concerns Over Pyongyang’s Trash Balloon Retaliation

SEOUL, June 8 (Yonhap) – A North Korean defectors’ group said Saturday that it has sent additional propaganda leaflets critical of the North Korean regime across the border, heightening concerns that Pyongyang may resume sending balloons filled with trash in retaliation. Ten large balloons, carrying approximately 200,000 leaflets criticizing North Korea’s leader Kim Jong-un, were [...]

Kim Jong-un’s Military Focus Intensifies, New Data Shows

SEOUL, Jun. 8 (Korea Bizwire) – Kim Jong-un, the North Korean leader, has notably increased his public activities related to the military over the past three months, according to a new analysis by the Korea Institute for National Unification, a think tank in Seoul. In a report titled “Analysis of the North Korean Leadership’s Public Activities [...]

Redevelopment Plan for Former U.S. Military Site in South Korea Stirs Conflict

CHUNCHEON, Jun. 5 (Korea Bizwire) –A proposal to develop Camp Page, a 520,000 square meter former United States military base in the heart of Chuncheon, has sparked a bitter divide within the local community, pitting residents who support the project against those who demand a restart of the process. The site, which has remained largely [...]

Commission Launches Review to Determine 2025 Minimum Wage

SEOUL, May 21 (Korea Bizwire) — The tripartite commission of labor, management and the public launched the process Tuesday to determine next year’s minimum wage, with the nation focused on whether it will exceed 10,000 won (US$7.35) per hour for the first time. The 27-member Minimum Wage Commission, with nine representatives from each of the [...]

Regulator Adds 6 More Business Groups, Including Hybe, to ‘Chaebol Watchlist’

SEOUL, May 15 (Korea Bizwire) – The antitrust regulator said Wednesday it has decided to add six more business groups to the list of conglomerates subject to tighter supervision, including K-pop powerhouse Hybe. The number of conglomerates on the watchlist came to 88, which have 3,318 affiliates under their wings combined, compared with last year’s [...]

Yoon Proposes Law Protecting Nonunion Workers

SEOUL, May 14 (Korea Bizwire) — President Yoon Suk Yeol on Tuesday proposed a law that will protect the rights of nonunion workers and enhance their welfare. Yoon made the proposal during a town hall meeting, the 25th of its kind, which was held to discuss issues concerning nonunion and other vulnerable workers. “We must [...]

South Korea Inks Consumer Safety Deals with China’s AliExpress and Temu

SEOUL, May 13 (Korea Bizwire) – The South Korean antitrust regulator said Monday it signed agreements with the Chinese retail platforms AliExpress and Temu meant to strive to prevent their selling of harmful products and better protect consumers. The move came as the customs agency found that some of the products sold on AliExpress, owned [...]

New Head of Military Recruitment Agency Pledges Reforms in Supplementary Military Service

SEOUL, May 13 (Korea Bizwire) – The new chief of the military recruitment agency pledged Monday to push for changes in the country’s supplementary military system as questions arose over its fairness with an exemption of top athletes and musicians from conscription. Kim Jong-cheol, the new commissioner of the Military Manpower Administration, made the remark [...]

Yoon Says Will Create New Ministry to Tackle Low Birth Rate

SEOUL, May 9 (Korea Bizwire) — President Yoon Suk Yeol said Thursday he will create a new ministry to tackle the country’s low birth rate. Yoon made the remark during an address to the nation marking the second anniversary of his presidency. “In order to overcome the low birth rate, which can be considered a [...]

Nat’l Assembly to Pass Bill Mandating New Probe into Itaewon Tragedy

SEOUL, May 2 (Korea Bizwire) — Rival political parties are set to hold a parliamentary plenary session Thursday to pass a special bill mandating a new investigation into the 2022 Itaewon crowd crush that claimed 159 lives. The bill, which was initially railroaded by the main opposition Democratic Party (DP) in January but vetoed by [...]