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 [...]
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) — 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. 16 (Korea Bizwire) — Starting January 2, South Korea will allow foreign residents to file mandatory employment information online, easing a long-standing administrative burden, the Ministry of Justice said Tuesday. Foreign nationals engaged in profit-making work are legally required to report their occupation and income, and to file updates within 15 days of [...]
SEOUL, Dec. 16 (Korea Bizwire) — South Korea’s national space agency said Tuesday it is exploring the use of SpaceX’s next-generation Starship rocket to launch the country’s first Mars payload as early as 2030, part of a broader strategy to accelerate its participation in international deep-space exploration. At a briefing in Seoul, the Korea Aerospace Administration [...]
SEOUL, Dec. 16 (Korea Bizwire) — Culture Minister Chae Hwi-young said Tuesday the government will introduce comprehensive policies to improve the concert environment in order to further promote K-pop. Chae made the remarks during a policy briefing to President Lee Jae Myung. The government aims to build a new dome stadium with a capacity of [...]
SEOUL, Dec. 16 (Korea Bizwire) — The nominee for the Korea Media Communications Commission (KMCC) said Tuesday he would consider introducing a ban on teenagers’ use of social media platforms to protect underage users from harmful content online. Kim Jong-cheol, a professor at Yonsei Law School who was nominated last month by President Lee Jae [...]
SEOUL, Dec. 16 (Korea Bizwire) — The government aims to distribute 3.5 million eco-friendly heating, ventilation and air conditioning (HVAC) systems in the country by 2035 as part of efforts to tackle climate change, officials said Tuesday. With the distribution of the systems, also known as heat pumps, the government expects to cut greenhouse gas [...]