Nearly half a million S. Koreans move to rural areas in 2018
Nearly half a million South Koreans relocated to farms and other rural areas last year, government data showed Thursday, as the government strengthened measures and support for rural settlements. The data compiled by Statistics Korea showed 490,330 people moved to rural areas in 2018. Among them, 17,856 people from 11,961 households migrated to rural areas […]
Bucheon Int’l Fantastic Film Festival to open
South Korea’s largest annual genre film festival will open late Thursday in Bucheon, just west of Seoul, featuring 288 movies from 49 countries. The 23rd Bucheon International Fantastic Film Festival (BiFan) will run from June 27 to July 7 under the motto “Love, Fantasy and Adventure,” with special attention to science fiction flicks. One of […]
[South Korea] Institute offers help for English-speaking foreigners suffering mental problems
A Korean medical institute has launched a service to help English-speaking foreigners here who are experiencing mental problems. Chaum, under Korean medical conglomerate CHA Medical Group, made the move in light of reports that people living in other cultures who face a language barrier are more prone to mental disorders. The institute, also known as […]
[South Korea] new crop of young people seek to realize their dreams in farming
While most young jobseekers in South Korea unusually struggle to find well-paying positions at big name companies, such as Samsung, Jeong Kang-seok took a different approach upon graduating from college. The 25-year-old man, instead of sending out resumes, wanted to stay clear of city life and opted to sow seeds on his own farm. “What […]
Seoul to complete privatization of Woori Financial by 2022
The government plans to sell its remaining stake in Woori Financial Holdings Co. by 2022, in a bid to recoup taxpayers’ money that was used to bail out the financial holding firm in the wake of the financial crisis in 1997, the financial regulator said Tuesday. In a statement, the Financial Services Commission (FSC) said […]
Gender equality may lead to economic growth: vice gender equality minister
Increasing gender equality in the workplace will give the South Korean economy additional momentum to grow further, the vice minister of gender equality and family said Monday. “Gender diversity in the labor market will help a country or a company enhance flexibility in adapting to changing society and demand, upgrade their policy-making process and expand […]
2 Russian bombers enter S. Korea’s air defense zone
Two Russian military aircraft violated South Korea’s air defense identification zone (KADIZ) on Thursday, prompting the Air Force to scramble fighter jets in response, a military source here said. The Tu-95 bombers entered the KADIZ without prior notice above the East Sea once at around 3:37 a.m. and stayed in the zone for about 29 […]
South Korea: over 700 cases of workplace sexual harassment reported in 1 year
Workplace sexual harassment is still prevalent in Korea despite measures to increase awareness of sexual crimes and the #MeToo movement, with insufficient measures to properly discipline the offenders, according to recent government data. The Ministry of Employment and Labor said Thursday it had received 717 reports of sexual harassment at workplaces in the one year since […]
In graying S. Korea, retirees delay receiving public pension
At 62, Kim Byung-jong reached public pension age last month. Instead of automatically taking the state pension, Kim, a retired car salesman, asked the National Pension Service (NPS), the operator of South Korea’s state pension fund, to defer his pension for five years. The reason? Delaying his pension will increase the amount Kim would get […]
S. Korea, China hold economic cooperation talks amid U.S. campaign against Huawei
South Korea and China held their annual vice-ministerial economic cooperation talks Wednesday amid a U.S. campaign to push allies to shun Chinese telecom giant Huawei Technologies Co. Vice Foreign Minister Lee Tae-ho and officials from other related ministries met with a Chinese delegation headed by Beijing’s Assistant Minister of Commerce Li Chenggang at the 23rd […]