SEOUL, Jun. 3 (Korea Bizwire) — The government will extend greater tax benefits and tailored support to smaller companies to help them become second-tier midsized firms in an effort to create quality jobs and spur growth momentum, the finance ministry said Monday. A set of such supportive measures were presented during an economic ministers’ meeting [...]
SEOUL, June 3 (Korea Bizwire) — The Seoul city government said Monday it will offer exceptional incentives to small and medium-sized companies that implement childbirth and child care promotion systems, such as payment of money gifts for birth and flexible work hours. Incentives, such as the supply of replacement workers, extra allowances for co-workers of [...]
SEOUL, Jun. 3 (Korea Bizwire) – In an effort to safeguard sole proprietors of businesses like hair salons, nail shops, and cafes from potential crimes, the Seoul Metropolitan Government announced on Friday that it will provide free emergency beacons to 5,000 eligible establishments. These “safety beacons” are designed to automatically alert authorities during emergencies. When the [...]
SEOUL, June 1 (Korea Bizwire) – In a novel approach to combat mosquitoes and other pests, Gangnam District in Seoul has become the first area in the South Korean capital to launch a drone squad for targeted insecticide spraying. At a ceremony on May 31 at Neulbeot Neighborhood Park, Gangnam officials unveiled their new drone unit [...]
JEJU, South Korea, May 31 (Yonhap) – Provincial government heads on Friday each proposed various policy directions to develop their cities as a potential solution to the country’s rapidly aging population coupled with a low fertility rate. The remarks were made during a session on global branding policies for globalization at the Jeju Forum for [...]
SEOUL, May 25 (Korea Bizwire) – The United States, China and countries around the world are waging an intense battle to gain supremacy in the semiconductor industry, crucial for cutting-edge technologies. On May 23, in a meeting presided over by President Yoon Suk Yeol, South Korea’s government unveiled a comprehensive 26 trillion won support package for [...]
SEOUL, May 23 (Korea Bizwire) – Beginning in September, 100 Filipino household workers will be deployed in Seoul as part of a pilot program aimed at assisting dual-income families with child care. However, the high monthly cost of around 2.06 million won for full-time services has raised concerns among young couples about the program’s affordability. According [...]
SEOUL, May 23 (Korea Bizwire) – As young people grapple with the enduring footprint of their digital pasts, South Korea’s “Eraser Service” has emerged as a lifeline, enabling them to scrub embarrassing posts and personal information from the internet. The service, launched last year as a pilot program and now in full operation by the Personal [...]
SEOUL, May 23 (Korea Bizwire) – As South Korea braces for the sweltering summer months, the government has stepped up efforts to prevent heat-related illnesses among outdoor workers, fortifying weather forecasts and increasing inspections at vulnerable workplaces. According to the Ministry of Employment and Labor and the Korea Meteorological Administration, the weather agency will provide customized [...]
SEOUL, May 22 (Korea Bizwire) –In a groundbreaking move to prevent digital sex crimes and support victims, the Seoul Metropolitan Government has become the first in the nation to introduce artificial intelligence (AI) surveillance technology capable of detecting child and youth sexual exploitation material. This will enable 24-hour automated tracking and monitoring. The Seoul Institute, [...]