SEOUL, Mar. 28 (Korea Bizwire) – Starting next year, students in Busan with three or more siblings will receive priority in admission to their preferred general high schools, the Busan Metropolitan Office of Education announced on March 27. In a meeting of the Committee for High School Admissions for the 2025 academic year, held on March [...]
JEONJU, Mar. 27 (Korea Bizwire) – Ask Im Chung-sik, a 48-year-old resident of Jeonju, if he considers himself a “youth,” and his answer typifies the blurred boundaries around the definition. “Does that even matter at my age?” replied Im, who is approaching the “ji-cheon-myeong” – the traditional age at 49 when one is said to gain [...]
SEOUL, Mar. 27 (Korea Bizwire) — Increasing the nationwide medical school admission quota is a “prerequisite” for the normalization of the country’s medical services, the interior minister said Wednesday, sticking to the government’s 2,000-seat expansion despite escalating protests from doctors. Interior Minister Lee Sang-min made the remark during a government meeting as the government-medical standoff [...]
SEOUL, Mar. 27 (Korea Bizwire) — The financial regulator announced plans Wednesday to introduce new rules on the investigation and punishment of illegal transactions involving virtual assets. The new rules will be implemented in tandem with the new Virtual Asset Users Protection Act, set to be enacted July 19, according to the Financial Services Commission [...]
PAJU, Mar. 27 (Korea Bizwire) – In a bid to alleviate the financial burden on families and encourage more childbirths, the city of Paju is drastically raising government payouts for newborns, becoming one of the most generous municipalities in South Korea for birth incentives. Paju, a satellite city of Seoul in Gyeonggi Province, announced on March [...]
SEOUL, Mar. 27 (Korea Bizwire) – As the European Union expands its environmental, social, and governance (ESG) regulations on exports, South Korean companies appear to be lagging in their awareness and preparedness, according to a recent survey conducted by the Korea Chamber of Commerce and Industry (KCCI). The survey, conducted with 205 domestic exporting firms, revealed [...]
SEOUL, Mar. 27 (Korea Bizwire) – South Korea’s capital has become the first local government in the country to secure certified carbon emissions credits through its public bike-sharing program, opening a new revenue stream as it expands eco-friendly transportation. The Seoul Metropolitan Government announced on March 26 that it had received approval to trade carbon credits [...]
SEOUL, Mar. 26 (Korea Bizwire) – As South Korea prepares for an unprecedented milestone of 10 million elderly citizens, the government has unveiled a sweeping set of measures aimed at enhancing housing options, improving care services, and fostering a supportive environment to meet the evolving needs of its rapidly aging demographic. At the 22nd Public [...]
SEOUL, Mar. 26 (Korea Bizwire) — The education ministry opened a hotline on Tuesday to protect medical students wanting to return to classes from peer bullying from other students boycotting classes in protest of the government’s increase of the medical school quota. The move came amid reported cases of medical students unwillingly joining the ongoing [...]
CHEONGJU, Mar. 26 (Korea Bizwire) — The city of Cheongju has announced plans to actively promote the use of reusable containers at the upcoming “Food Truck Festival with Cherry Blossoms,” scheduled to commence on March 29. This initiative aims to minimize waste generation and foster a more sustainable event. According to the city’s plan, the [...]