SEOUL, Nov. 5 (Korea Bizwire) — Meta Platforms Inc., the parent company of Facebook and Instagram, was ordered to pay 21.6 billion won (US$15.6 million) in fines for collecting sensitive data from users without notice and handing it over to advertisers, South Korea’s data protection watchdog said Tuesday. The Personal Information Protection Commission said it [...]
SEOUL, Nov. 4 (Korea Bizwire) – In response to the recent suicide of a sex worker driven to despair by illegal loan sharks, Seoul Metropolitan Government has announced comprehensive measures to combat predatory lending practices, particularly those targeting vulnerable populations. The city’s initiative, announced on November 3, comes after the tragic death of a single mother [...]
SEOUL, Nov. 4 (Korea Bizwire) – In a significant move to address digital addiction concerns among youth, South Korea’s ruling party has proposed legislation to restrict smartphone use in schools, garnering support from the government and education officials. The initiative gained momentum after the National Human Rights Commission of Korea recently ruled that the collective confiscation [...]
SEOUL, Nov. 1 (Korea Bizwire) — The government said Friday it will designate three cities as the nation’s first hydrogen-specialized complexes and support their growth into hydrogen industry hubs. The designation comes after the three cities — Donghae and Samcheok of Gangwon Province and Pohang of North Gyeongsang Province — passed preliminary feasibility surveys to [...]
JEJU, Nov. 1 (Korea Bizwire) – Jeju Island, South Korea’s popular tourist destination, is advancing an ambitious plan to transform food waste into hydrogen fuel, marking a significant step in the nation’s renewable energy initiatives. The Ministry of Environment is in discussions with Jeju provincial authorities to designate the island as the primary candidate for a [...]
SEOUL, Oct. 30 (Korea Bizwire) – South Korea’s presidential committee on population policy unveiled additional steps Wednesday to support employees balancing work and family life, aiming to address the country’s critically low birth rate. The announcement comes amid South Korea’s alarming demographic crisis, with the total fertility rate — indicating the average number of births [...]
SEJONG, Oct. 30 (Korea Bizwire) – Two decades after launching an ambitious species restoration project, South Korea has succeeded in bringing its native Asiatic black bears, also known as moon bears, back from the brink of extinction. The population has grown to approximately 80 bears in the wild, marking a significant conservation milestone. These bears, which [...]
SEOUL, Oct. 30 (Korea Bizwire) – The South Korean government has announced plans to allow the use of rural temporary shelters on farmland to extend beyond their current 12-year maximum limit, marking a significant shift in rural housing policy. The Ministry of Agriculture, Food and Rural Affairs revealed on October 29 that it would amend the [...]
SEOUL, Oct. 28 (Korea Bizwire) – Police said Monday they are intensively cracking down on the sale and wearing of police officer costumes during the Halloween celebrations. The police have been strengthening online monitoring to prevent the indiscriminate distribution and use of fake police uniforms and equipment since last Friday, the Korean National Police Agency [...]
SEOUL, Oct. 28 (Korea Bizwire) –The government and private sector will invest a combined 3.7 trillion won (US$2.6 billion) in 26 projects within the manufacturing industry to apply artificial intelligence (AI) technologies aimed at improving productivity, the industry ministry said Monday. Nine of the projects will be allocated to conglomerates, with small and medium-sized enterprises [...]