SEOUL, Apr. 30 (Korea Bizwire) — South Korea will impose a travel ban on Haiti next month due to increasing safety concerns as gang violence is escalating in the Caribbean nation, the foreign ministry has said. The Level 4 travel advisory, the highest of the four-scale system, will go into effect Wednesday, and it will [...]
SEOUL, Apr. 30 (Korea Bizwire) – Mandatory emission tests last year on 189,000 motorcycles in South Korea prevented the release of 98.5 metric tons of air pollutants, the government’s transportation safety agency reported on April 29. The reductions included 63 metric tons of carbon monoxide, 19.3 tons of particulate matter, 10.5 tons of nitrogen oxides and [...]
BORYEONG, Apr. 30 (Korea Bizwire) – In an effort to increase the city’s birthrate, officials in Boryeong, a coastal municipality in South Chungcheong Province, announced on April 29 that they would subsidize frozen egg fertility treatments for couples trying to conceive. The program will cover the costs of thawing frozen eggs and in vitro fertilization using [...]
SEOUL, Apr. 29 (Korea Bizwire) – A public-private consultative body will convene on April 29 to explore collaborative strategies in anticipation of the impending 2026 ban on bear farming and bile extraction, the Ministry of Environment announced on April 28. Attending the meeting will be representatives from the Ministry of Environment, the Korea National Park Service, [...]
SEOUL, April 25 (Korea Bizwire) – South Korea’s government has finalized its blueprint to establish global leadership in three pivotal areas it deems “game changers” for the future: artificial intelligence semiconductors, advanced biotechnology and quantum technology. The Presidential Advisory Council on Science & Technology, the nation’s top decision-making body for science and technology issues chaired by [...]
SEOUL, April 25 (Korea Bizwire) — South Korea will launch an initiative to become one of three leading nations in the so-called game-changer industries that include artificial intelligence (AI) chip, advanced biology and quantum technologies by 2030, the science ministry said Thursday. The Presidential Advisory Council on Science & Technology held a meeting and decided [...]
UIJONGBU, Apr. 24 (Korea Bizwire) – The Gyeonggi provincial government has announced a new initiative to support pet owners who adopt rescue animals by subsidizing pet insurance premiums. The program, called the “Adopted Animal Assurance Insurance Support Project,” aims to reduce the financial burden of caring for adopted animals and promote a culture of pet adoption. [...]
WASHINGTON, April 19 (Korea Bizwire) – The won-dollar exchange rate may move toward stabilization if tensions in the Middle East do not escalate further, the chief of South Korea’s central bank forecast Friday, noting “many uncertainties” stemming from developments in the region. Bank of Korea (BOK) Gov. Rhee Chang-yong made the prediction as concerns over [...]
SEOUL, Apr. 18 (Korea Bizwire) – The South Korean private information protection watchdog requested Chinese e-commerce giants Thursday to faithfully comply with the South Korean law on personal data protection, the agency said. Personal Information Protection Commission (PIPC) Vice Chairperson Choi Jang-hyuk made the request during a meeting in Beijing with officials from AliExpress, Temu [...]
YEOSU, Apr. 18 (Korea Bizwire) –In an effort to alleviate the financial strain associated with pregnancy, the city of Yeosu in South Jeolla Province has announced that it will provide an allowance of 500,000 won to expectant mothers. According to Yeosu officials, previous support measures related to pregnancy, including a pregnancy confirmation fee, transportation expenses [...]