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NK Leader Calls S. Korea ‘Foreign Country,’ ‘Hostile Country,’ Warns of Using Physical Force

NK Leader Calls S. Korea ‘Foreign Country,’ ‘Hostile Country,’ Warns of Using Physical Force

SEOUL, Oct. 18 (Korea Bizwire) — North Korean leader Kim Jong-un has referred to South Korea as “a foreign country and an apparent hostile country,” warning that physical force will be used if the North’s sovereignty is violated, state media reported Friday. The remarks were made during his inspection of the headquarters of the 2nd [...]

Majority of South Korea’s Wild Asiatic Black Bears Unaccounted for, Raising Concerns

Majority of South Korea’s Wild Asiatic Black Bears Unaccounted for, Raising Concerns

SEOUL, Oct. 18 (Korea Bizwire) – More than half of South Korea’s wild Asiatic black bears, also known as moon bears, are currently unaccounted for, according to data released by the Ministry of Environment. The report, obtained by Democratic Party lawmaker Lee Yong-woo of the National Assembly’s Environment and Labor Committee, reveals that out of 89 [...]

South Korea and U.S. Express Concern Over Reports of North Korean Troops in Ukraine

South Korea and U.S. Express Concern Over Reports of North Korean Troops in Ukraine

SEOUL, Oct. 17 (Korea Bizwire) – The South Korean Ministry of National Defense and the White House have voiced concerns over reports suggesting North Korea has sent troops to support Russia’s invasion of Ukraine, marking a potential escalation in military cooperation between Pyongyang and Moscow.  On October 16, South Korea’s Defense Ministry stated they were “closely [...]

South Korea’s ‘New Elderly’ Reshape Retirement Norms

South Korea’s ‘New Elderly’ Reshape Retirement Norms

SEOUL, Oct. 17 (Korea Bizwire) – A recent survey has revealed the emergence of a “new elderly” demographic in South Korea, characterized by higher income, better education, and shifting values regarding inheritance and self-perception of age. This trend, partly attributed to the baby boomer generation (born 1955-1963) entering their senior years, is reshaping traditional notions of [...]

Gyeonggi Province Targets Delivery App Fees, Launches Program to Help Small Businesses

Gyeonggi Province Targets Delivery App Fees, Launches Program to Help Small Businesses

UIJONGBU, Oct. 17 (Korea Bizwire) – In a bid to support small business owners grappling with high commissions and delivery fees, Gyeonggi Province is taking steps to stimulate the market for private delivery apps that charge commission rates of 2% or less.  The provincial government announced on October 16 that it would be accepting applications from [...]

South Korean National Park Combats Unauthorized Trails to Protect Wildlife

South Korean National Park Combats Unauthorized Trails to Protect Wildlife

SOKCHO, Oct. 17 (Korea Bizwire) – In a bid to preserve natural habitats and prevent safety hazards, officials at Seoraksan National Park have launched a campaign to discourage hikers from using unauthorized trails, the park administration announced on October 16. The campaign, which runs through October 31, aims to raise awareness about the environmental impact of [...]

Yoon Asks for Philippines’ Support to Bring Justice to Main Culprit in 2016 Killing of Korean Businessman

Yoon Asks for Philippines’ Support to Bring Justice to Main Culprit in 2016 Killing of Korean Businessman

SEOUL, Oct. 17 (Korea Bizwire) — President Yoon Suk Yeol raised the issue of the 2016 killing of a Korean businessman in the Philippines during his recent summit with Philippine President Ferdinand Marcos Jr., asking for Manila’s support in arresting and punishing the main culprit on the run, his office said Thursday. Yoon raised concerns [...]

N. Korean Hackers Steal US$3 Bln in Cryptocurrency since 2017 to Fund Nuclear Program: Report

N. Korean Hackers Steal US$3 Bln in Cryptocurrency since 2017 to Fund Nuclear Program: Report

SEOUL, Oct. 17 (Korea Bizwire) — North Korean hackers have stolen an estimated US$3 billion worth of cryptocurrency since 2017, using the funds to support the regime’s nuclear and missile programs, a Microsoft report showed Thursday. Of that amount, between $600 million and $1 billion was stolen just last year, based on Microsoft’s Digital Defense [...]

Yoon’s Office Vows to Press Ahead with Reforms after Ruling Party’s By-election Wins

Yoon’s Office Vows to Press Ahead with Reforms after Ruling Party’s By-election Wins

SEOUL, Oct. 17 (Korea Bizwire) — The office of President Yoon Suk Yeol vowed Thursday to push for major reform agenda items after the ruling People Power Party (PPP) won crucial by-elections on its home turf. The PPP secured victories in its traditional stronghold constituencies — Busan’s Geumjeong District and Incheon’s Ganghwa County — in [...]