Policies and Regulation Archives | Page 13 of 469 | Be Korea-savvy

Archive by category Policies and Regulation

Government Increases Vigilance Against Potential Health Care Disruptions as Medical Workers’ Strike Looms

Government Increases Vigilance Against Potential Health Care Disruptions as Medical Workers’ Strike Looms

SEOUL, Aug. 25 (Korea Bizwire) – South Korean health care authorities on Sunday discussed ways to minimize possible fallout from a looming strike by a nationwide union of nurses and medical workers this week. On Saturday, members of the Korean Health and Medical Workers’ Union, which has some 30,000 nurses and medical workers at 61 [...]

Government and Ruling Party Push for Mandatory Disclosure of Electric Vehicle Battery Brands

Government and Ruling Party Push for Mandatory Disclosure of Electric Vehicle Battery Brands

SEOUL, Aug. 25 (Korea Bizwire) – The government and the ruling People Power Party (PPP) agreed Sunday to introduce a system mandating automakers to disclose the battery brand information of all electric vehicles (EVs). During a meeting between senior government officials and PPP officials, the two sides also agreed to launch at an early date [...]

New Preventive Measure Launched against Loan Application Fraud

New Preventive Measure Launched against Loan Application Fraud

SEOUL, Aug. 23 (Korea Bizwire) — The financial regulator said Friday it launched a new centralized program to allow consumers to opt out of credit services, such as taking out new loans, a move aimed at preventing potential damage from voice phishing scams. More than 4,000 financial institutions have signed up for the new “credit [...]

South Korea Moves to Tighten Laws on Electric Scooters After Celebrity Incident

South Korea Moves to Tighten Laws on Electric Scooters After Celebrity Incident

SEOUL, Aug. 23 (Korea Bizwire) – In the wake of heightened safety concerns, partly sparked by an incident involving Suga, a member of the K-pop group BTS, South Korean lawmakers are pushing for stricter regulations on the use of personal mobility devices (PMDs) such as electric scooters and kickboards. Several bills have been introduced in the [...]

South Korea Grapples with Jeonse Fraud Crisis, Foreign Victims Face Unique Challenges

South Korea Grapples with Jeonse Fraud Crisis, Foreign Victims Face Unique Challenges

SEOUL, Aug. 21 (Korea Bizwire) – South Korea’s National Assembly is advancing legislation to address the widespread rental fraud scheme known as “jeonse” scams, with the plight of foreign victims highlighting the complexities of the country’s unique housing market and the challenges of providing equitable support. On August 20, amendments to the Special Act on Jeonse [...]

S. Korea Mandates Arrivals from 8 African Nations with Mpox Symptoms to Report to Health Authorities

S. Korea Mandates Arrivals from 8 African Nations with Mpox Symptoms to Report to Health Authorities

SEOUL, Aug. 20 (Korea Bizwire) – South Korea’s health authorities said Tuesday they began requiring people with mpox symptoms who arrived from eight African nations to report to officials, while redesignating mpox as an infectious disease subject to border screening. The move comes after the Korea Disease Control and Prevention Agency (KDCA) vowed last week [...]

South Korea Raises Meal Expense Limit for Public Officials, Addressing Economic Concerns

South Korea Raises Meal Expense Limit for Public Officials, Addressing Economic Concerns

SEOUL, Aug. 20 (Korea Bizwire) – The South Korean government has announced an increase in the meal expense limit for public officials, journalists, and private school staff under the country’s anti-graft law, known colloquially as the “Kim Young-ran Law.” The change, set to take effect on August 27, will raise the maximum allowable meal expense from [...]

Gov’t, Ruling Party Agree on Record Budget for Discount Coupons Next Year

Gov’t, Ruling Party Agree on Record Budget for Discount Coupons Next Year

SEOUL, Aug. 24 (Korea Bizwire) — The government and the ruling party agreed Tuesday to set aside a record budget to issue discount coupons for small businesses next year to boost spending and revitalize the economy. During a meeting between senior government officials and the People Power Party at the National Assembly, the two sides [...]

Health Authorities to Provide Treatments for 260,000 COVID-19 Patients

Health Authorities to Provide Treatments for 260,000 COVID-19 Patients

SEOUL, Aug. 16 (Korea Bizwire) – Health authorities said Friday they plan to supply treatments for 260,000 COVID-19 patients, as the nation saw a surge in cases due to a summer wave. “We have started contacting global pharmaceutical companies after recognizing that treatments are being used more widely than before, and the supply will start [...]

South Korean Cities Scramble to Improve Electric Vehicle Safety After Fires

South Korean Cities Scramble to Improve Electric Vehicle Safety After Fires

SEOSAN, Aug. 15 (Korea Bizwire) – In the wake of recent electric vehicle (EV) fires, local governments across South Korea’s South Chungcheong Province are rushing to implement safety measures, marking a shift from their previous focus on promoting EV adoption through subsidies.  The city of Seosan is at the forefront of these efforts. City officials said [...]