SEOUL, Jul. 19 (Korea Bizwire) – In a move to ensure equal access to justice for non-Korean speakers, the National Court Administration of South Korea inaugurated a Court Interpretation Center at the Seoul Eastern District Court on July 17. The center, which began operations on July 1, aims to provide consistent interpretation services to courts nationwide [...]
SEOUL, July 15 (Korea Bizwire) – The Seoul city government said Monday it will launch an international tech exposition in October with an ambitious goal of turning the event into a platform similar to the influential tech trade show CES in the coming years. The Seoul Smart Life Week (SLW), which is set to open [...]
SEOUL, Jul. 12 (Korea Bizwire) – The minimum wage for next year was set at 10,030 won (US$7.30) per hour Friday, marking the first time the compulsory hourly minimum wage has surpassed the 10,000 won level. The rate reached during the 11th plenary meeting of the Minimum Wage Commission marks an increase of 170 won, [...]
SEOUL, Jul. 12 (Korea Bizwire) – The Ministry of Education announced on July 11 that it will provide 56.1 billion won to support the restructuring of 86 departments at 60 vocational high schools as part of its “2024 Vocational High School Restructuring Support Project.” The initiative, which has been ongoing since 2016, aims to boost the [...]
SEOUL, Jul. 11 (Korea Bizwire) –The government said Thursday it plans to launch a pilot program to enable tertiary general hospitals to focus more on critical and emergency patients as part of an overhaul of the country’s medical system. The government held a special committee meeting on medical reform at the government complex in Seoul [...]
SEOUL, July 9 (Korea Bizwire) – South Korea achieved the average level in the product market regulation indicators set by the Organization for Economic Cooperation and Development (OECD) for the first time ever amid deregulation efforts, the finance ministry said Wednesday. As a comprehensive and internationally comparable set of indicators, product market regulation (PMR) indicators measure [...]
SEOUL, July 10 (Korea Bizwire) – Early repayment charges on loans will be lowered from mid-January next year as financial regulators revised rules, officials said Wednesday. Under the revised rules, lenders will only be allowed to collect the actual cost of making or handling the loans repaid in advance, along with any actual loss stemming [...]
SEOUL, Jul. 9 (Korea Bizwire) – In a bold move to bolster its artificial intelligence industry, the South Korean government has announced plans to release a wide range of personal data to businesses, researchers, and the public this year. The data, which will undergo pseudonymization, includes sensitive information such as college entrance exam scores, medical records, [...]
SEOUL, Jul. 8 (Korea Bizwire) — An institute affiliated with the unification ministry published new unification education guidebooks Monday that highlight the Yoon Suk Yeol government’s liberal democracy-based unification vision and North Korea’s increased threats against South Korea. The National Institute for Unification Education released two books used as the basic guidelines for unification education. [...]
SEOUL, July 4 (Korea Bizwire) – The Seoul city government said Thursday it will reinforce traffic signs and road markings on one-way roads as part of safety measures following a deadly car crash that left nine people dead earlier this week. “Although a no-entry traffic sign and a road marking are put up (at the [...]