SEOUL, Aug. 27 (Korea Bizwire) — Starting next month, South Korea will strengthen its child support advance payment system to prevent delinquent parents from evading enforcement by making only partial payments, the Ministry of Gender Equality and Family said Tuesday. The program, launched in July 2024, allows the government to provide unpaid child support directly [...]
SEOUL, Aug. 27 (Korea Bizwire) — South Korea is taking its homegrown address system abroad, beginning with Mongolia, as part of a broader push to expand its public-sector technology overseas. The Ministry of the Interior and Safety said Tuesday it had launched the “K-Address Global Academy,” a training program designed to share Korea’s address framework and [...]
SEOUL, Aug. 27 (Korea Bizwire) — South Korea will establish a public-private task force this week to help commercialize Atlantic bluefin tuna, whose catch levels off the country’s east coast have soared in recent years due to warming seas, the Ministry of Oceans and Fisheries said on Tuesday. The council, set to launch Tuesday in [...]
SEOUL, Aug. 27 (Korea Bizwire) — South Korea will introduce fast-track immigration lanes at Incheon International Airport this week for foreign business executives, in a move aimed at improving the country’s appeal as a hub for international commerce. The Ministry of Land, Infrastructure and Transport and the Ministry of Justice said on August 26 that [...]
SEOUL, Aug. 26 (Korea Bizwire) — South Korea’s Supreme Court has upheld a conviction against Taiwan’s Everlight Electronics for stealing advanced light-emitting diode (LED) technology from Seoul Semiconductor, marking a landmark ruling in the protection of industrial technologies. Seoul Semiconductor said Tuesday that the court recently confirmed earlier guilty verdicts under the nation’s Industrial Technology Protection [...]
WASHINGTON, Aug. 26 (Korea Bizwire) — President Lee Jae-myung of South Korea arrived at the White House this week intent on forging personal chemistry with President Donald J. Trump. Over lunch, they swapped stories about surviving assassination threats; at the cameras, they traded quips about building golf courses and Trump Towers in North Korea. But beneath the [...]
SEOUL, Aug. 26 (Korea Bizwire) — Uber announced Tuesday that it will introduce its subscription-based membership program in South Korea next month, escalating competition in the country’s mobility market as rivals race to lock in loyal customers. At a press briefing in Seoul, Uber Taxi Korea head Song Jin-woo said the service, called Uber One, [...]
WASHINGTON, Aug. 26 (Korea Bizwire) — When President Donald J. Trump sat down with South Korean President Lee Jae-myung at the White House on Monday, it did not take long for old ambitions to resurface. Amid the pleasantries of their first summit since Mr. Lee took office in June, Mr. Trump signaled a desire to revive a [...]
SEOUL, Aug. 26 (Korea Bizwire) — President Donald J. Trump suggested this week that the United States should seek ownership of land hosting American military bases in South Korea, a remark that unsettled officials in Seoul and fueled concerns that his brand of “new expansionism” could complicate the alliance. During a summit with South Korean President [...]
WASHINGTON & SEOUL, Aug. 26 (Korea Bizwire) — When President Lee Jae Myung sat down for his first summit with Donald J. Trump on Monday, the mood could hardly have been more precarious. Hours earlier, Mr. Trump had taken to Truth Social to suggest that South Korea was undergoing something like a “purge or revolution,” [...]