SEOUL, Sept. 27 (Korea Bizwire) — President Moon Jae-in raised the need Monday for the government to consider imposing a formal ban on dog meat consumption in South Korea. “Hasn’t the time come to prudently consider prohibiting dog meat consumption?” Moon told Prime Minister Kim Boo-kyum during their weekly policy consultation session, according to Cheong [...]
SEOUL, Sept. 23 (Korea Bizwire) — The popularity of the new Netflix Korean series, “Squid Game,” can be attributed in large part to its exposure of social and capitalist realities, critics said Thursday. In that regard, the nine-part thriller, which revolves around a group of people taking part in a series of deadly games to [...]
NEW YORK, Sept. 22 (Korea Bizwire) — South Korean President Moon Jae-in used his last U.N. General Assembly speech this week for a bid to revive hopes of a declaration to formally end the Korean War. In an unusual move, he publicly mentioned the names of signatories to the envisioned declaration, as he addressed the [...]
SEOUL, Sept. 20 (Korea Bizwire) — South Korea plans to put into operations a newly unveiled homegrown submarine-launched ballistic missile (SLBM) at sea around the second half of next year, sources said Monday. Last week, the country unveiled its first homegrown SLBM by announcing the successful test-launch from the 3,000-ton-class Dosan Ahn Chang-ho submarine. South [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korea unveiled its new blueprint for the agricultural industry, which centers on expanding its self-sufficiency of major grains while cutting emissions of carbon from local farms. “The disruption to global shipping amid the COVID-19 pandemic has shed light on the importance of food security,” the Ministry of Agriculture, [...]
SEOUL, Sept. 14 (Korea Bizwire) — South Korean internet giant Kakao Corp. said Tuesday it has decided to form a 300 billion won (US$256.2 million) fund for small merchants and scrap some of its services that compete against them, in a move to appease growing scrutiny from regulators and politicians over its rapidly expanding online [...]
SEOUL, Sept. 10 (Korea Bizwire) — South Korea’s agriculture ministry said Friday it has set aside 20 billion won (US$17 million) to offer rebates to users of food delivery apps to promote social distancing and support local restaurants. Under the program set to start Wednesday, the government will provide a 10,000 won refund to those [...]
SEOUL, Sept. 8 (Korea Bizwire) — The heads of South Korea’s major conglomerates on Wednesday launched a business council to foster hydrogen as a clean energy source and expand its value chain. A total of 15 conglomerates, including Hyundai Motor, SK, POSCO, Lotte and Hanwha, launched Korea H2 Business Summit to encourage corporate investments and [...]
SEOUL, Sept. 7 (Korea Bizwire) — Jincheon, a county of some 85,000 residents, about 90 kilometers southeast of Seoul, received an unexpected windfall late last month following media reports that it will provide temporary accommodation to 390 Afghan evacuees brought in from Kabul. In support of the county’s decision to embrace the foreigners, people flocked [...]
SEOUL, Sept. 6 (Korea Bizwire) — The Ministry of Justice said Monday it plans to revise a law to allow a single person to legally adopt a child, as single-member households are becoming the country’s most common living arrangement. The ministry’s task force, aimed at making policies friendlier toward single-person households, has recently agreed to [...]