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Archive by category Policies and Regulation

South Korea and U.S. Initiate New Bilateral AI Working Group

South Korea and U.S. Initiate New Bilateral AI Working Group

SEOUL, Apr. 12 (Korea Bizwire) — South Korea and the United States have launched a bilateral working group on artificial intelligence (AI) focused on boosting tech cooperation and advancing joint research, the foreign ministry said Friday. The launch of the working group was approved last December at the inaugural South Korea-U.S. Next Generation Critical and [...]

LGBTQ Festival Denied Permission to Use Seoul Plaza

LGBTQ Festival Denied Permission to Use Seoul Plaza

SEOUL, Apr. 12 (Korea Bizwire) — The Seoul city government decided Friday to allow an outdoor reading event to be held at Seoul Plaza in front of City Hall on May 31, effectively rejecting the request of an annual LGBTQ festival there. The LGBTQ festival was one of three events that sought to use the [...]

Gov’t to Mobilize Over 2,700 Additional Nurses amid Prolonged Doctors’ Walkout

Gov’t to Mobilize Over 2,700 Additional Nurses amid Prolonged Doctors’ Walkout

SEOUL, Apr. 12 (Korea Bizwire) — The health ministry said Friday it will send more than 2,700 additional physician assistant (PA) nurses to hospitals to minimize medical system disruptions amid a prolonged walkout by trainee doctors. More than 90 percent of South Korea’s 13,000 trainee doctors have walked off the job in protest since Feb. [...]

BOK to Keep Restrictive Stance for Longer Period amid Inflation Woes

BOK to Keep Restrictive Stance for Longer Period amid Inflation Woes

SEOUL, Apr. 12 (Korea Bizwire) — South Korea’s central bank froze its key rate for the 10th straight session Friday, saying that its current restrictive stance will be maintained for a sufficient period of time amid woes over high inflation and household debt. In a widely expected decision, the monetary policy board of the Bank [...]

Seoul to Develop Crowd Density Maps and Safety Indices to Prevent Stampedes

Seoul to Develop Crowd Density Maps and Safety Indices to Prevent Stampedes

SEOUL, Apr. 11 (Korea Bizwire) – The Seoul Metropolitan Government announced on April 10 that it will pursue the development of crowd density maps and safety indices to establish systematic countermeasures against crowd safety incidents. The city is currently accepting bids for a research project, with the goal of commencing the study next month once a [...]

Seoul Unveils Whimsical New Sidewalk Trash Bin Design

Seoul Unveils Whimsical New Sidewalk Trash Bin Design

SEOUL, Apr. 8 (Korea Bizwire) – The Seoul Metropolitan Government has developed a new design for sidewalk trash bins and installed 30 units at 15 locations across the city center, including near City Hall, Dongdaemun Design Plaza and Marronnier Park, officials announced on April 8. The “Seoul-style” street bin project is part of the city’s [...]

S. Korean Regulator Launches Inspection into China’s Temu over Alleged Unfair Biz Practices

S. Korean Regulator Launches Inspection into China’s Temu over Alleged Unfair Biz Practices

SEOUL, Apr. 8 (Korea Bizwire) — South Korea’s antitrust regulator has launched an inspection into China’s Temu shopping app on suspicions of the retail platform’s false advertising and other unfair business practices, officials said Monday. The Fair Trade Commission (FTC) recently sent documents to Temu for a probe to see if it violates South Korea’s [...]

Medical Professors to File Constitutional Petition over Doctor Quota Hike

Medical Professors to File Constitutional Petition over Doctor Quota Hike

SEOUL, Apr. 5 (Korea Bizwire) — Medical professors plan to file a constitutional appeal over the government’s decision to raise medical school admissions, claiming the increase violates their basic rights, officials said Friday. The Medical Professors Association of Korea is scheduled to file the petition with the Constitutional Court before the April 10 general elections [...]