Society
Labor
Hyundai Motor Union Escalates Strike… Cold Water on Efforts to Narrow Gap with Volkswagen
The Hyundai Motor Company labor union has decided to escalate its strike after failing to bridge the gap on issues such as the “N% performance bonus.” Just as the company is rapidly closing the gap wi…
Social Affairs
A 4 trillion deficit already in the first quarter alone… Will health insurance premiums rise again next year?
With the National Health Insurance Fund posting a deficit of approximately 4 trillion won in the first quarter of this year, attention is turning to whether health insurance premiums will increase nex…
Science
Choi Seok-ho, Senior Manager at LG Corp., and Yoon Choi, CEO of GMZECO, to Receive the “Korea Engineer Award” in August
Choi Seok-ho, Principal Researcher at LGELECTRONICS (left), and Choi Yoon Choi, CEO of GMJeco, the August recipients of the Republic of Korea Engineer Award. (Photo courtesy of the Ministry of Science…
Healthcare
Young Doctors Shying Away from Essential Medical Fields… Only 17 Pediatric Cardiac Surgeons Expected in 9 Years
A professor at the Neonatal Intensive Care Unit (NICU) at Chonbuk National University Hospital, who had been working over 90 hours a week to staff the ward, recently submitted his resignation after re…
Social Affairs
[Exclusive] "Reassign the Investigator": Despite Centralized Investigative Authority, Trust Is at Rock Bottom
With investigative authority concentrated in the police following amendments to the Criminal Procedure Act, there is a growing demand for greater reliability in police investigations. However, it has …
Legal Affairs
Former SK Hanik Employee Who Stole Trade Secrets to Join a Chinese Company… Sentenced to 1 Year and 6 Months in Prison on Appeal as Well
A former employee charged with stealing trade secrets from SK hynix(000660)to join a Chinese company was sentenced to prison in the appellate court as well.
Seoul Court Complex. (Photo:BAEK JU-A Re…
Legal Affairs
“Will the People Power Party Have to Pay Back 39.7 Billion Won?” Yoon’s Appeals Court Rules… Kwon Seong-dong Ordered to Pay 100 Million Won
The appellate court panel has been appointed to hear the case of former President Yoon Suk-yeol, who was sentenced in the first trial to have his election invalidated on charges of disseminating false…
Weather
"Japan on High Alert During Holiday Due to 'Double Typhoons'"... What Are the Implications for South Korea?
While Japan is on high alert as it is predicted to be affected by a “double typhoon” during the Obon holiday—which is comparable to Korea’s Chuseok—South Korea is battling a heat wave.
Predicted pa…
Local Government
AEKYUNG INDUSTRIAL Donates Household Goods Worth 5.3 Billion Won to Seoul City… 15th Consecutive Year of Giving
The Seoul Metropolitan Government announced that AEKYUNG INDUSTRIAL is launching a heartwarming charity initiative by donating household goods worth 5.3 billion won to vulnerable residents within the …
Social Affairs
"This Year Will Be the Easiest… Next Year Is When the Real Fear Begins"
As record-breaking heat waves continue to sweep across the Korean Peninsula day after day, climate experts have warned that this summer’s heat is not the end but merely the beginning, and that tempera…