The planned expansion of the government's COVID-19 vaccine pass system to include 12- to 18-year-olds will likely be delayed by one month to next March, government officials said Thursday. The possible delay may be formally announced by the government on Friday, together with its decision on whether to extend the current strict social distancing measures for two more weeks, the officials said. Starting on Dec. 6, South Korea expanded its vaccine pass program, requiring vaccine passes or a nega

Social Affairs Dec. 30, 2021

The Constitutional Court has ruled again unanimously that there is no problem with the Medical Service Act that allows only blind people to be eligible for an official license as massage therapists, officials said Thursday. A group of sighted massage parlor owners filed the petition claiming the law infringes upon their right to choose jobs. The law stipulates up to three years in prison or 30 million won ($25,300) in fines for those practicing massage therapy for profit without a license. But

Social Affairs Dec. 30, 2021

The Federation of Korean Trade Unions (FKTU) reclaimed its status as South Korea's largest umbrella union in 2020, outpacing its rival organization in terms of membership size, a government report showed Thursday. According to the labor ministry's latest report on workplace unionization, the number of union members registered under FKTU was recorded at 1.15 million, or 41.1 percent of the total 2.8 million unionized workers in the country as of 2020. The more militant Korean Confederation of T

Social Affairs Dec. 30, 2021

South Korean pharmaceutical giant Celltrion Inc. said Thursday its new biosimilar of the arthritis drug Humira has won approval from Canadian authorities. Yuflyma, an adalimumab biosimilar with a high concentration, is used to treat patients with rheumatoid arthritis, psoriasis and inflammatory diseases. Yuflyma requires only half the solution administered to patients compared with the existing Humira biosimilar and is also citrate-free, which lessens discomfort during injection. Celltrion re

Technology Dec. 30, 2021

Samsung Electronics Co. said Thursday it sold four times as many foldable Galaxy Z series phones this year as last year, further solidifying its lead in the fast-growing new smartphone segment. While the South Korean tech giant did not disclose the exact tally, the total sales of the Galaxy Z series is believed to be around 8-9 nine million units this year, led by the popularity of the Galaxy Z Fold3, which folds in half like a book, and the clamshell-type Galaxy Z Flip3, among young tech-savv

Technology Dec. 30, 2021

Ruling party presidential candidate Lee Jae-myung has widened his lead over his main opposition rival Yoon Suk-yeol to 11 percentage points in a hypothetical four-way race, a survey showed Thursday. Lee of the liberal Democratic Party garnered 39 percent support against Yoon of the conservative People Power Party's 28 percent, according to the survey of 1,000 adults conducted Monday through Wednesday by Embrain Public, Kstat Research, Korea Research and Hankook Research. Lee gained 4 percentag

Politics Dec. 30, 2021

South Korean banks' mortgage rates hit the highest level in more than 7 years in November amid rising borrowing costs, central bank data showed Thursday, Banks' mortgage loan rate averaged 3.51 percent in November, up 0.25 percentage point from a month earlier, according to the data by the Bank of Korea (BOK) This marked the highest since July 2014, when the corresponding rate was 3.54 percent.   Banks' unsecured loan rate also rose 0.54 percentage point to 5.16 percent last month,

Economy Dec. 30, 2021

South Korea's construction business sentiment gained for a second month in December thanks to increased year-end orders, a poll showed Thursday. The construction business survey index (CBSI) came to 92.5 this month, up 4.1 points from the previous month, according to the survey by the Construction and Economy Research Institute of Korea. Yet the December figure remains below par. A reading below 100 indicates builders are pessimistic about the current state of the construction industry and out

Economy Dec. 30, 2021

South Korea's imports via e-commerce reached a new all-time high in 2021 as more people purchased foreign goods online, government data showed Thursday. The country's e-commerce imports stood at $4.15 billion in the first 11 months of this year, up 25.7 percent from a year earlier, according to the data from the Korea Customs Service. The amount for the 11-month period surpasses the full-year figure for 2020. The number of e-commerce transactions came to 79 million during the period, up 40.6

Economy Dec. 30, 2021

The government on Thursday hinted at easing a real estate holding tax for those who have become temporary multiple homeowners following a call from the ruling party presidential candidate Lee Jae-myung. "There are some positive sides (of Lee's proposal)," Koo Yun-cheol, Minister for Government Policy Coordination, said in a MBC radio interview. He added that the government is currently discussing with the ruling Democratic Party (DP) over its real estate taxation scheme to stabilize

Politics Dec. 30, 2021

The floor leader of the main opposition People Power Party (PPP) on Thursday demanded a meeting with President Moon Jae-in following revelations that a state investigative agency checked the phone records of its presidential nominee, the nominee's wife and dozens of party lawmakers. The Corruption Investigation Office for High-ranking Officials (CIO) has come under fire over revelations that it obtained the phone records of journalists in an alleged attempt to identify the source of leaks to th

Politics Dec. 30, 2021

South Korean Olympic short track champion Shim Suk-hee has declined to appeal a recent two-month ban, an official confirmed Thursday, though the skater is mulling other options to get herself reinstated for the Beijing Winter Games in February. The Korea Skating Union (KSU) slapped Shim with the two-month penalty on Dec. 21, over her disparaging remarks on South Korean teammates and coaches in text messages during the 2018 PyeongChang Winter Olympics. Shim had until Wednesday to submit her appe

Olympic Games Dec. 30, 2021

South Korea's antitrust regulator said Thursday it has imposed a combined fine of 912 million won ($769,500) on 107 affiliates of 40 conglomerates for their failure to properly make public filings on major business information. The Fair Trade Commission (FTC) said it has looked into whether 2,612 affiliates of 71 large business groups subject to public filing obligations have fully made public disclosures of key details about business operations. Large business groups with assets of 5 trillion

Economy Dec. 30, 2021

The Kiwoom Heroes announced Thursday they will bring back starter Eric Jokisch for his fourth season in South Korea. The Korea Baseball Organization (KBO) club said Jokisch, 32, has agreed to a new one-year deal worth $1.3 million. He made $900,000 this year. Jokisch tied for the KBO lead with 16 wins in 2021, while ranking second with 181 1/3 innings pitched and fourth with a 2.93 ERA. He won the ERA title in 2020. Since 2019, his first in the KBO, Jokisch has posted the league's lowest ERA

Baseball Dec. 30, 2021

The South Korean baseball champions KT Wiz announced Thursday they will bring back both of their foreign starting pitchers for next year. The Wiz said they have signed right-handers Odrisamer Despaigne and William Cuevas to new one-year deals. Despaigne, 34, can earn a maximum $1.35 million, with $1.1 million in salary and signing bonus, plus up to $250,000 in incentives. The 31-year-old Cuevas can earn as much as $1.1 million won -- $1 million in salary and signing bonus, and a maximum $100,0

Baseball Dec. 30, 2021