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Social Consultative Body Formed to Discuss Mandatory GMO Labeling

Social Consultative Body Formed to Discuss Mandatory GMO Labeling

SEOUL, Dec. 13 (Korea Bizwire) – The Ministry of Food and Drug Safety and the Alternative Dispute Resolution (ADR) Center have formed a social consultative body to have a social debate on how to improve genetically modified organism (GMO) labeling and draw a social consensus on the matter. A representative of ADR Center, Kang Young-jin, was [...]

Maker of Radon-emitting Mattresse Refuses State Arbitration Decision

Maker of Radon-emitting Mattresse Refuses State Arbitration Decision

SEOUL, Dec. 9 (Korea Bizwire) — Daijin Bed Co., a South Korean mattress maker, has refused to accept the local consumer agency’s call for it to compensate victims of products that contained a harmful radioactive substance, officials of the agency said Sunday. Late last month, the company told the Korea Consumer Agency (KCA) that it [...]

Gov’t to Lower Child-rearing Expenses to Tackle Low Birthrate

Gov’t to Lower Child-rearing Expenses to Tackle Low Birthrate

SEOUL, Dec. 7. (Korea Bizwire) — South Korea on Friday announced a set of measures to remove the fundamental causes cited for drop in country’s birthrate, including the high cost of child-rearing and increasing number of people opting not to have children. The roadmap was finalized as Kim Sang-hee, vice-chairwoman of a presidential committee aimed [...]

Jeju’s For-profit Hospital Protests Ban on Domestic Patients: Officials

Jeju’s For-profit Hospital Protests Ban on Domestic Patients: Officials

JEJU, Dec. 7. (Korea Bizwire) — The Greenland International Medical Center, conditionally approved earlier this week as South Korea’s first for-profit hospital, has expressed an intent to take legal action over the Jeju provincial government’s decision to ban South Korean patients from using the hospital, officials said Friday. Gov. Won Hee-ryong of the Jeju Special [...]

Majority of S. Koreans Have Private Health Insurance

Majority of S. Koreans Have Private Health Insurance

SEOUL, Dec. 6 (Korea Bizwire) — Despite South Korea’s national health insurance plan, 8 out of 10 citizens also subscribe to private health insurance policies. Because public insurance only covers up to 60 percent of medical bills, analysts say that people are looking to private insurance policies to help offset the medical costs that they [...]

S. Korea’s First For-profit Hospital Gains Approval from Jeju Provincial Gov’t

S. Korea’s First For-profit Hospital Gains Approval from Jeju Provincial Gov’t

JEJU, Dec. 5 (Korea Bizwire) — South Korea’s first for-profit hospital received the final approval from the Jeju Special Self-Governing Province on Wednesday, putting an end to 16 years of controversy over the introduction of investor-owned medical institutions. Jeju Gov. Won Hee-ryong announced the approval of the Greenland International Hospital as a for-profit hospital on [...]