SEOUL, Nov. 29 (Korea Bizwire) — South Korea’s industry ministry on Friday hosted a session to discuss strategies for applying quantum computing technologies in industries, including biohealth, chemical and materials. The event at Yonsei University, attended by government, business and academic officials, came as the government aims to offer tailored support for the initiative, according [...]
SEOUL, Nov. 29 (Korea Bizwire) – Incheon city announced on Thursday that over 17,100 pregnant women have applied for its transportation subsidy program since its launch in April. The initiative provides ₩500,000 in transportation assistance per eligible applicant, allocated via Incheon’s local currency platform, “Incheon e-Eum.” The city initially set aside ₩5 billion for 12,500 women [...]
SEOUL, Nov. 28 (Korea Bizwire) – The South Korean government announced measures on Wednesday to relax visa requirements for skilled foreign workers and increase hiring caps for construction firms, aiming to address chronic labor shortages and support regional development. Under the new policy led by the Ministry of Justice, foreign workers with over five years of [...]
SEOUL, Nov. 28 (Korea Bizwire) – In a significant shift in tobacco policy, South Korea’s Ministry of Finance has indicated support for regulating synthetic nicotine products under the country’s Tobacco Business Act, following new research that challenges claims about their safety. A comprehensive study commissioned by the Ministry of Health and Welfare has found that synthetic [...]
SEOUL, Nov. 27 (Korea Bizwire) – Seoul is offering foreign tourists an opportunity to immerse themselves in Korean culinary culture through food tourism programs inspired by popular Korean dramas, the city government announced Wednesday. One highlight is the Permanent Cooking Class, held twice weekly on Thursdays and Sundays near Sinchon Station at Now Cooking Studio. Participants [...]
SEJONG, Nov. 27 (Korea Bizwire) — South Korea put forward a comprehensive package of support measures for the semiconductor industry Wednesday, with its top economic policymaker highlighting “growing headwinds” amid concerns of potential shifts in U.S. trade policy under the incoming Donald Trump administration and rising competition from Chinese rivals. “The next six months will [...]
SEOUL, Nov. 27 (Korea Bizwire) — The presidential office plans to hold an emergency meeting Wednesday to discuss responses to U.S. President-elect Donald Trump’s proposal to impose tariffs on three trading partners, a senior presidential official said. The meeting comes after Trump said on social media that he will use an executive order to levy [...]
SEOUL, Nov. 26 (Korea Bizwire) – South Korea will introduce mobile resident registration cards next month, marking a significant step toward digitizing the nation’s identification system, the Ministry of the Interior and Safety announced Tuesday. The new system, enabled by a revised Resident Registration Act set to take effect on December 27, allows citizens aged [...]
SEOUL, Nov. 26 (Korea Bizwire) – South Korea has seen a dramatic rise in cases of overseas leaks involving its critical technologies, with 10 such incidents uncovered this year—five times more than in 2023, according to the National Investigation Headquarters (NIH) of the Korean National Police Agency (KNPA) on Monday. Between January and October, the NIH detected [...]
SEOUL, Nov. 26 (Korea Bizwire) – South Korean lawmakers are pushing for legislation that would require warning labels and images on electronic cigarette devices, addressing a regulatory blind spot in the nation’s tobacco control measures. The bill, recently introduced by Representative Jeon Jin-sook of the Democratic Party, aims to expand current regulations that mandate health warnings [...]