Fewer Small Entrepreneurs Set up Convenience Stores
Market saturation, red tape and the minimum wage hike have made convenience stores a less popular option for people who want to start their own small business. Convenience stores have been mushrooming since 2000 due to low start-up costs and unchallenging franchise conditions.
Korean Companies Mired in Stagnant Sales
Korea Runs Short of Blood Donors
Defense Burden-Sharing Talks Drag on
Probe Finds Alarming Flaws in Old Underground Hot-Water Pipes
Weekend Brings Another Cold Snap
Lotte to Bring Luxury U.K. Furniture Brand to Korea
NATIONAL/POLITICS
2 Koreas to Break Ground on Railway, Road Projects
North and South Korea have agreed to hold a ground-breaking ceremony in Kaesong on Dec. 26 to reconnect railways and roads severed during the 1950-53 Korean War. But actual work cannot start until sanctions against North Korea are lifted.
NORTH KOREA
N.Korea's Nuke Test Site 'Not Completely Destroyed'
North Korea's nuclear test site in Punggye-ri may not have been completely destroyed as the regime claimed in May, the website 38 North at Johns Hopkins University said on Wednesday.
BUSINESS
Over Half a Million Koreans Give up Job Search
Korea has suffered a huge increase in its economically inactive population who are either taking a break or have given up looking for jobs altogether. The number of the long-term unemployed has also reached a record high.