SEOUL, Aug. 13 (Korea Bizwire) – Financial firms will be allowed to use generative artificial intelligence and cloud computing to develop new innovative products once they secure the means to ensure the security of their networks, the financial regulator said Tuesday. Financial firms have been required to keep their networks separated from the internet since [...]
SEOUL, Aug. 13 (Korea Bizwire) –The government will recommend automakers voluntarily disclose the battery brand information of all electric vehicles sold in South Korea, the Office for Government Policy Coordination (OPC) said Tuesday. The decision was made at a vice-ministerial meeting of EV-related ministries and agencies, the OPC said, amid growing public concern about [...]
SEOUL, Aug. 13 (Korea Bizwire) – The Ministry of Health and Welfare announced on August 12 that starting next year, South Koreans will have unprecedented access to their medical records from all tertiary hospitals across the country through a government-operated platform called the Health Information Highway. This digital initiative aims to consolidate dispersed medical data from [...]
SEOUL, Aug. 9 (Korea Bizwire) – Almost fully charged electric vehicles will be discouraged from entering apartment underground parking garages to prevent overcharging that is often blamed for EV fires, the Seoul city government said Friday. The city government said it will push to block the entry of EVs that are more than 90 percent [...]
SEOUL, Aug. 9 (Korea Bizwire) – Amid growing public concern over recent electric vehicle (EV) fires, the Ministry of Trade, Industry and Energy convened an urgent meeting on August 8 to discuss preventive measures against future incidents. The emergency conference, held at the Korea Chamber of Commerce and Industry in Seoul, brought together automotive industry representatives, [...]
SEOUL, Aug. 8 (Korea Bizwire) — The military manpower agency said Thursday it will strengthen legal compliance education for social service agents after BTS member Suga’s drunk-driving incident on an electric scooter earlier this week. On Tuesday night, the 31-year-old, who is currently serving his mandatory military service as a social agent, was booked and [...]
SEOUL, Aug. 8 (Korea Bizwire) — The government is considering requiring electric vehicle manufacturers to disclose information on car batteries amid an EV scare following a massive fire caused by a Mercedes-Benz vehicle last week, according to sources Thursday. According to the sources, the Ministry of Land, Infrastructure and Transport is reviewing the measures for [...]
SEOUL, Aug. 6 (Korea Bizwire) – The South Korean government’s initiative to cover emergency medical costs for patients unable to pay has resulted in significant financial losses, according to a recent report. Data released by the Ministry of Health and Welfare shows that over the past five and a half years, the government has been unable [...]
SEOUL, Aug. 5 (Korea Bizwire) – The first batch of 100 immigrant workers will arrive in South Korea this week to serve as home helpers for families with children or working parents, as part of a pilot project aimed at addressing workforce shortages, officials said Monday. The 100 Philippine workers scheduled to arrive in Seoul [...]
SEOUL, Aug. 2 (Korea Bizwire) – The opposition-controlled National Assembly passed a bill on providing cash handouts to the entire population Friday despite protest from ruling party lawmakers. The bill passed in a 186-1 vote held after the Assembly, controlled by the main opposition Democratic Party (DP), voted to end a filibuster by the ruling [...]