SEOUL, May 20 (Korea Bizwire) — South Korea said Wednesday it has begun shipping location-tracking wristbands currently used on people violating self-quarantine orders here amid the new coronavirus pandemic. The country inked a deal valued at 980 million won (US$798,000) with Saudi Arabia to sell some 100,000 units of the wristbands, according to the country’s [...]
SEOUL, May 20 (Korea Bizwire) – South Korea said Wednesday it has revised a set of animal protection rules to fully ban the use of sniffer dogs retired from railroad police in animal experiments. The previous law only banned the use of retired assistance dogs, along with those from the police and the military, leaving [...]
SEOUL, May 20 (Korea Bizwire) — South Korea’s unification ministry has launched a new section on its website featuring “fake news” as part of efforts to prevent the spread of groundless rumors about North Korea and inter-Korean affairs. It is the first time that a government agency has launched such a fake news section on [...]
SEOUL, May 20 (Korea Bizwire) — South Korean pharmaceutical firms are in the beginning stages of coronavirus vaccine development, lagging behind U.S. rivals, industry sources said Wednesday. No domestic companies have received the green light for clinical trials for vaccine candidates from the drug safety authorities, though U.S. biotech firm Moderna announced Monday all participants [...]
SEOUL, May 20 (Korea Bizwire) – South Korean football club FC Seoul were slapped with a fine on Wednesday for putting sex dolls in the stands for a recent match. The Korea Professional Football League (K League) on Wednesday ordered FC Seoul to pay a fine of 100 million won (US$81,410) for their use of lifesize dolls [...]
SEJONG, May 19 (Korea Bizwire) — South Korea’s finance ministry said Tuesday it will ease regulations on alcoholic drinks, in a bid for local producers to increase their competitiveness against foreign firms. Under the deregulatory move, which is subject to approval from the National Assembly, local firms will be allowed to produce alcoholic drinks under [...]
SEOUL, May 19 (Korea Bizwire) – South Korean companies have received funds from the Bill & Melinda Gates Foundation, one of the world’s largest private foundations, to research treatment for COVID-19 after South Korea became a model case in containing the pandemic, with high potential in the information technology (IT) and biopharma industries. SK Bioscience, a local [...]
SEOUL, May 19 (Korea Bizwire) — The limit on the number of protective masks that one can send to family members overseas will be lifted as mask supply is stabilizing in South Korea after a major crisis in March, the customs office said Monday. The Korea Customs Service (KCS) announced Monday that it will increase the [...]
SEOUL, May 19 (Korea Bizwire) — Seoul’s Seongdong District said Monday that it will distribute “smart insoles” with built-in location tracking devices to prevent the disappearance of people with developmental disabilities in its jurisdiction and help them to learn to be on their own. When the smart insoles are in use, the location of people [...]
SEOUL, May 15 (Korea Bizwire) — As criticism against the poor quality of college education ensues in the aftermath of the coronavirus pandemic, students are taking legal action, demanding that their tuition be refunded. The National University Student Council Network and Movement for Tuition Refund, composed of student councils from over 30 universities nationwide, held [...]