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Korean economy grows but public feels little effect

The surprise growth of the Korean economy in the first quarter of this year appears not to be felt by the public, as many households and businesses continue struggling with high inflation, costly borrowing rates and other persistent economic challenges.

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1 in 3 April election candidates have criminal records, reports Korea's civic group

Nearly one in three candidates for the April 10 parliamentary elections possess a criminal record, and their average asset holdings amount to 2.44 billion won ($1.8 million), a civic group said Thursday.

South-korea , Korea , Justice-party , Democratic-party-of-korea , People-power-party , Citizen-coalition-for-economic-justice , Citizen-coalition , Economic-justice , Democratic-party , Kim-sung-dal ,

PM vows active dialogue with medical community amid prolonged rift

AsiaToday reporters Jung Min-hoon & Hong Sun-mi The government reiterated its willingness to increase the medical school enrollment quota by..

Han-duk-soo , Yoon-suk-yeol , Hong-sun-mi , Committee-on-medical-reform , Seoul-national-university-yeongeon-campus-on , Citizen-coalition-for-economic-justice , Jung-min-hoon , President-yoon-suk-yeol , Prime-minister-han-duk-soo , Seoul-national-university , Yeongeon-campus

Samsung's financial affiliates to partner up with banks via mobile app

Samsung's financial affiliates are partnering with commercial banks in a bid to keep up with the rapid digitalization of the financial market, industry sources said Tuesday.

Kb-kookmin-bank , Samsung-financial-networks , Samsung , Shinhan-bank , Woori-bank , Citizen-coalition-for-economic-justice , Hana-bank , Korea-times , Samsung-life-insurance , Samsung-fire , Marine-insurance

Gov't goes all out to spur domestic demand to achieve growth target

The government will introduce a set of measures this week to revamp weakened private spending to achieve a growth target of 2.2 percent this year, the Ministry of Economy and Finance said Sunday.

South-korea , Seoul , Soult-ukpyolsi , China , Korea , Ministry-of-the , Ministry-of-economy , Citizen-coalition-for-economic-justice , Korea-development-bank , Jung-ho-chul , Citizen-coalition

Civic group says concentration of economic power in chaebol deepening

A leading progressive civic group said Wednesday the concentration of economic power in chaebol, or large family-run conglomerates, has been deepening, saying the total assets held by the five largest conglomerates exceed 60 percent of the nation's gross domestic product (GDP).

Seoul , Soult-ukpyolsi , South-korea , Citizen-coalition-for-economic-justice , Lotte , Samsung , Citizen-coalition , Economic-justice , Hyundai-motor , Group , Economic

Doctors' counterarguments backfire

Doctors in South Korea are intensifying their efforts to convince the public of the rationale behind their opposition to the government's medical school quota expansion plan. However, some of their remarks have sparked even more heated criticism. A Korean doctor surnamed Kim in Busan metropolitan city has been criticized for saying to people on his YouTube channel that what the country needs is more caregivers, ...

South-korea , Busan , Pusan-gwangyoksi , Gyeonggi , Kyonggi-do , Norway , Austria , Germany , Korea , Lee-dong-wook , Citizen-coalition-for-economic-justice

South Korean Doctors and Medical Students Rally Against Admissions Increase, Testing Government Resolve

South Korean Doctors and Medical Students Rally Against Admissions Increase, Testing Government Resolve
koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.

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Past successes behind doctors' confidence

Despite the public's negative response and the government's stern warning against doctors leaving hospitals in protest of a drastic medical school quota expansion that would add 2,000 new spots per year, Korean doctors have remained adamant, expressing confidence that they would not back down until the plan is withdrawn. Among the doctors remaining steadfast over the government's threats of legal actio...

Seoul , Soult-ukpyolsi , South-korea , Germany , Austria , Gyeonggi , Kyonggi-do , Incheon , Inch-on-gwangyoksi , Norway , Korea , Kim-yoon

As anxieties mount, Korea threatens to suspend licenses of doctors behind collective action

The number of residents and interns continues to grow, causing delays in surgeries and fears of patients not receiving the care they need

Sinchon , Kyonggi-do , South-korea , Seoul , Soult-ukpyolsi , Han , Lee-jin-wook , Kim-yoon-ju , Yoon-suk-yeol , Yoon-hee-keun , Ministry-of-health