SEOUL, Dec. 18 (Korea Bizwire) — The Supreme Court said Thursday it would install a dedicated tribunal to handle charges of insurrection, treason and mutiny amid the ruling party’s push to create a special bench for insurrection cases stemming from former President Yoon Suk Yeol’s failed imposition of martial law. The announcement comes as the [...]
SEOUL, Dec. 18 (Korea Bizwire) — The government said Thursday it will form an interagency task force to handle the recent large-scale data breach at e-commerce giant Coupang Corp. The decision was made at a meeting of science and technology–related ministers chaired by Science Minister Bae Kyung-hoon, the government said. Led by Ryu Je-myung, second [...]
SEOUL, Dec. 18 (Korea Bizwire) — The ceiling for no-show penalties at reservation-based fine dining restaurants will be raised to 40 percent of the preordered menu, the antitrust regulator said Thursday. From now on, advance reservation-based upscale restaurants, such as omakase establishments, will be allowed to charge a no-show fee of up to 40 percent [...]
Contract extension marks 20 years of collaboration and continued shared growth SEOUL, South Korea, Dec. 17, 2025 (Korea Bizwire) – Incora today announced the renewal of its long-standing partnership with Korean Air (KAL), reinforcing a collaboration that has now spanned two decades. The renewed agreement underscores the trust, operational excellence, and shared commitment to growth [...]
SEOUL, Dec. 18 (Korea Bizwire) — South Korea’s twin and multiple-birth rates have surged to among the highest in the world, prompting experts to warn that the trend carries heightened medical risks for mothers and infants and requires a shift in government policy. According to a new report released Thursday by Bae Hye-won, a senior researcher [...]
SEOUL, Dec. 18 (Korea Bizwire) — South Korea plans to expand its national heritage–based industries into a ₩100 trillion ($75 billion) market over the next five years, positioning cultural legacy as a core driver of the country’s global soft power, the Korea Heritage Service (KHS) said Wednesday in its 2026 policy blueprint. The initiative comes amid [...]
SEOUL, Dec. 18 (Korea Bizwire) — As governments around the world race to build artificial intelligence systems under national control, a new analysis suggests that telecom operators may emerge as the biggest beneficiaries of the shift toward so-called “sovereign AI.” In a report published Nov. 26, credit rating agency Morningstar DBRS said telecom companies are structurally [...]
SEOUL, Dec. 18 (Korea Bizwire) — South Korea plans to ban the free distribution of disposable plastic cups and phase out large paper cups at major cafés as part of a sweeping anti-plastic initiative set to be unveiled next week. The Climate and Environment Ministry said on Wednesday that its forthcoming “Comprehensive Anti-Plastic Strategy,” to be [...]
SEOUL, Dec. 18 (Korea Bizwire) — South Korean lawmakers sharply criticized Coupang on Wednesday during a National Assembly hearing on the company’s massive personal data leak, condemning the absence of founder Bom Kim and accusing the e-commerce giant of showing contempt for Korean consumers and regulators. Members of both ruling and opposition parties denounced Kim, the [...]
BUSAN, Dec. 18 (Korea Bizwire) — A 10-year-old girl in Busan was turned away by more than a dozen hospitals earlier this week as emergency responders struggled for over an hour to find a facility willing to treat her, according to ambulance logs released by opposition lawmakers on Wednesday. The incident, which unfolded on the morning [...]