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Animal Abusers to Face Severe Punishment

Animal Abusers to Face Severe Punishment

SEOUL, March 21 (Korea Bizwire) – Repeated animal abuse and the sale of stray dogs will be dealt with severely, the Ministry for Food, Agriculture, Forestry and Fisheries (MAFRA) proclaimed today. The ministry has called for reforms to the current Animal Protection Law which will tackle head on the problems of animal cruelty and so [...]

Insurance Companies to Offer Discounts to Non-Smokers

Insurance Companies to Offer Discounts to Non-Smokers

SEOUL, March 21 (Korea Bizwire) – Those insured who don’t smoke or have normal blood pressure will now be able to get discounts on their premiums, as part of the government’s effort to encourage more healthy people to get on board. The government is focused on spreading the word about existing policies of private insurance [...]

Top Ten Promising Technologies of Future Include Fake News Spotting AI

Top Ten Promising Technologies of Future Include Fake News Spotting AI

SEOUL, March 21 (Korea Bizwire) – The Korea Institute of S&T (Science and Technology) Evaluation and Planning presented Monday the top ten promising technologies of the future, which included artificial intelligence that tracks down fake news.  Fake news has become a serious social issue for South Korea, as for the rest of the world, costing [...]

S. Korea to Train 1,700 Drone Operators Annually to Meet Demand

S. Korea to Train 1,700 Drone Operators Annually to Meet Demand

SEOUL, March 21 (Korea Bizwire) – South Korea is planning to train 1,700 drone operators a year to meet growing demand in the commercial drone industry, the transport ministry said Tuesday.  The country will add four official centers aimed at training drone operators this month, bringing the total to 11, the Ministry of Land, Infrastructure [...]

Popularity of Government’s Public Auction Website Soars

Popularity of Government’s Public Auction Website Soars

SEOUL, March 20 (Korea Bizwire) – A public online auction system called “Onbid” is seeing a growing number of users, according to the organization behind the website, the Korea Asset Management Corporation (KAMCO). Onbid, an auction service which began in 2002, was introduced to make it easy for both buyers and sellers to bid and [...]

Report Says Korea Should Look to UK for Autonomous Car Insurance Model

Report Says Korea Should Look to UK for Autonomous Car Insurance Model

SEOUL, March 20 (Korea Bizwire) – One of the industries that self-driving vehicles will reshape is the insurance sector, and the question of who should take responsibility in the event of an accident is still being debated in several countries, including South Korea, where autonomous vehicles are just starting to be introduced to the market. [...]

Seoul Boosts Support for the Homeless

Seoul Boosts Support for the Homeless

SEOUL, March 20 (Korea Bizwire) – The Seoul Metropolitan Government said Sunday that it is doubling the size of its welfare initiatives for the city’s homeless this year – from 1,506 individuals in 26 programs in 2016 to 3,200 in 30 welfare programs. The Heemang (Hope) Frame, a photography academy for the homeless launched in [...]

Diesel, Petrol Cars Vie for Bigger Piece of Import Car Market

Diesel, Petrol Cars Vie for Bigger Piece of Import Car Market

SEOUL, March 20 (Korea Bizwire) – Diesel cars are locked in a tight race with gasoline-powered models for a bigger slice of South Korea’s imported vehicle market as diesel cars increasingly lose favor with local motorists following “dieselgate” in 2015, data showed Monday.  According to the industry data, 8,058 imported gasoline cars were sold in [...]

Majority of Businesses Adopt Wage Peak System After Retirement Age Extension: Data

Majority of Businesses Adopt Wage Peak System After Retirement Age Extension: Data

SEOUL, March 19 (Korea Bizwire) – Nearly 7 out of 10 companies with more than five employees have adopted a “wage peak” or incentive payment systems since the introduction of legislation to extend the retirement age to 60 in 2013, a survey showed Sunday.  The government has pursued the wage peak system in which employees [...]