SEOUL, Feb. 7 (Korea Bizwire) — South Korea’s Ministry of Justice has embarked on a sweeping revision of the nation’s Civil Act, marking the first comprehensive overhaul since its enactment in 1958. The reform aims to modernize property and contract laws, reflecting economic shifts and aligning with global legal standards. The ministry announced on February 7 [...]
SEOUL, Feb. 2 (Korea Bizwire) — Police will invest 9.1 billion won (US$6.2 million) to build a system that can detect deepfakes and misinformation, officials said Sunday, as South Korea seeks to better combat a surge in crimes involving images and sounds generated with artificial intelligence (AI). Under the project set for completion by December [...]
SEOUL, Jan. 23 (Korea Bizwire) — South Korea’s Personal Information Protection Commission (PIPC) has imposed fines totaling 8.3 billion won ($5.8 Million) on KakaoPay and Apple Pay for transferring the personal data of approximately 40 million users to China’s Alipay without proper consent. The commission announced on Thursday that both companies violated South Korea’s Personal Information [...]
SEOUL, Jan. 23 (Korea Bizwire) — The Constitutional Court on Thursday rejected a National Assembly vote to impeach Korea Communications Commission (KCC) Chairperson Lee Jin-sook over what opposition lawmakers said was a controversial decision-making process at the state broadcasting watchdog. The opposition-led National Assembly voted to impeach Lee on Aug. 2, just two days after [...]
SEOUL, Jan. 23 (Korea Bizwire) — More than 70% of South Koreans are now familiar with the nation’s animal protection laws, reflecting a steady increase in public awareness of animal welfare issues, according to a recent government survey. The Ministry of Agriculture, Food and Rural Affairs conducted an online survey of 5,000 respondents aged 20-64 across [...]
SEJONG, Jan. 21 (Korea Bizwire) — South Korea’s customs authorities intercepted a record volume of illegal drugs in 2024, with 862 cases totaling 787 kilograms, enough to supply approximately 26 million doses. This marks a 22% increase in the number of cases and a 2% rise in total weight compared to the previous year, according to [...]
SEOUL, Jan. 20 (Korea Bizwire) — South Korean President Yoon Suk-yeol has been formally detained following the issuance of a detention warrant on January 19, 2025, making him the first sitting president to be arrested as he faces allegations of insurrection. Yoon is expected to be moved to a solitary cell measuring approximately 3 square [...]
SEOUL, Jan. 17 (Korea Bizwire) — South Korea is set to allow companies to establish in-house graduate schools that can confer official master’s and doctoral degrees, marking a significant shift in corporate education and workforce development. The Ministry of Trade, Industry and Energy announced on January 16, 2025, that the enforcement decree for the “Special [...]
SEOUL, Jan. 15 (Korea Bizwire) — In a significant shift, South Korea’s Presidential Security Service (PSS) facilitated the execution of a second arrest warrant for President Yoon Suk-yeol on January 15, signaling a marked departure from its earlier stance. This cooperation contrasts starkly with the events of January 3, when PSS agents and soldiers from the [...]
SEOUL, Jan. 15 (Korea Bizwire) — South Korea’s Sentencing Commission has finalized new sentencing guidelines for previously uncovered crimes, including animal abuse and sexual offenses against protected persons, with a public hearing scheduled for next month. The commission announced on January 14 that it had approved draft sentencing guidelines during its 136th meeting, covering sexual offenses, [...]