SEOUL, Nov. 19 (Korea Bizwire) – In an effort to bring consistency to its international tourism branding, Seoul city officials are working to standardize the English-language name of the South Korean capital’s landmark waterway, emphasizing that “Hangang River” is the correct form over the commonly used “Han River.” The city’s push for standardization follows what officials [...]
SEOUL, Nov. 19 (Korea Bizwire) — The global messaging service Telegram has designated an officer in charge of protecting underage users from illicit content amid criticism over its passive response against sexually exploitative materials circulating on the platform, South Korea’s media regulator said Tuesday. The Korea Communications Commission (KCC) said Telegram made the designation and [...]
SEOUL, Nov. 19 (Korea Bizwire) – South Korea’s inheritance tax system, among the highest in developed nations, is hampering business continuity and economic dynamism, according to a new report released on November 18 by the Korea Chamber of Commerce and Industry (KCCI). The report, “Five Reasons Why Inheritance Tax Reform is Necessary,” comes as the government’s [...]
SEOUL, Nov. 19 (Korea Bizwire) – In an innovative approach to tackle coffee capsule waste, South Korea’s postal service is transforming its nationwide network into a recycling infrastructure for used coffee capsules. Korea Post announced on November 18 that it has launched a nationwide collection program for used coffee capsules, following a July partnership agreement with [...]
SEOUL, Nov. 18 (Korea Bizwire) — The Seoul city government said Monday it will push to hire foreigners as “maeul” bus drivers to cope with a chronic manpower shortage in the transportation sector. Maeul buses, or village buses in English, operate on very short routes within local areas to connect residents to nearby major bus [...]
SEOUL, Nov. 18 (Korea Bizwire) – The government has designated Korea Zinc Co.’s high-nickel precursor manufacturing technology as a national core technology amid a tussle for control of the world’s biggest refined zinc producer, according to the company Monday. Korea Zinc has been in a monthslong battle to fend off a takeover bid by its [...]
SEOUL, Nov. 16 (Korea Bizwire) – South Korean health authorities have issued an official notice to medical institutions urging caution in prescribing Wegovy, a recently introduced weight-loss medication, amid concerns over its indiscriminate prescription. According to medical sources on November 15, the Ministry of Health and Welfare distributed a notice titled “Cooperation Request Regarding Prescription of [...]
SEJONG, Nov. 15 (Korea Bizwire) – The mandatory closing day for large supermarkets in a major tourist district in Seoul will be changed from weekends to weekdays, the industry ministry said Friday, adding to the convenience of its residents and foreign tourists alike. Starting later this month, large supermarkets in Seoul’s central district of Jung [...]
CHEONAN, Nov. 15 (Korea Bizwire) – In a bold marketing move, South Korea’s South Chungcheong Province has unveiled a promotional video that reimagines its 2.2 million residents as superheroes, garnering significant attention for both its creative concept and its charismatic narrator. The campaign has sparked particular interest online due to the compelling narration by actor Jung [...]
JEJU, Nov. 15 (Korea Bizwire) – Jeju Province has initiated plans to introduce a unique “Jeju-style Digital Nomad Visa” that would combine the island’s existing visa-free entry program with workation visa benefits. The province and the Jeju International Convention Center (ICC Jeju) announced on November 14 that they recently hosted a “Jeju Workation with Global Digital [...]