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Government Moves to Let Tourists Tap In with Overseas Cards on Public Transit

Government Moves to Let Tourists Tap In with Overseas Cards on Public Transit

SEOUL, Dec. 15 (Korea Bizwire) — South Korea is preparing to overhaul its public transit payment system to allow foreign visitors to ride buses and subways using the same credit cards they carry abroad, a shift aimed at easing one of the most persistent inconveniences for travelers. The Ministry of Land, Infrastructure and Transport has begun [...]

AI Entrepreneurs Find Real-World Traction Through Korea’s TeX-Corps Program

AI Entrepreneurs Find Real-World Traction Through Korea’s TeX-Corps Program

SEOUL, Dec. 15 (Korea Bizwire) — Early-stage entrepreneurs using artificial intelligence to solve industrial problems are beginning to see tangible results, propelled by TeX-Corps (Tech EXploration Corps) — a commercialization program modeled after the U.S. National Science Foundation’s I-Corps that pushes researchers to validate their ideas through rapid, intensive customer discovery. The program, designed to help [...]

Coast Guard Seizes 4,100 Counterfeit Luxury Goods; Global Brands Issue Rare Public Thanks

Coast Guard Seizes 4,100 Counterfeit Luxury Goods; Global Brands Issue Rare Public Thanks

BUSAN, Dec. 15 (Korea Bizwire) — South Korea’s Coast Guard has arrested a smuggling ring accused of importing thousands of counterfeit luxury goods from China and selling them online, prompting several global fashion houses to issue formal letters of appreciation — an unusually public response from brands that rarely acknowledge enforcement actions. The South Regional Coast [...]

Seoul Plans Special Law to Toughen Penalties for Fatal Construction Accidents

Seoul Plans Special Law to Toughen Penalties for Fatal Construction Accidents

SEOUL, Dec. 12 (Korea Bizwire) — South Korea’s government is preparing to introduce a special law aimed at tightening safety rules at construction sites and imposing harsher penalties for fatal accidents, the country’s land minister said Friday, as the sector continues to grapple with a steady rise in deadly workplace incidents. Land Minister Kim Yun-duk [...]

New Media Regulator Moves to Rein In Fake News With National Transparency Hub

New Media Regulator Moves to Rein In Fake News With National Transparency Hub

SEOUL, Dec. 12 (Korea Bizwire) — South Korea’s newly created media regulator said Friday it will open a transparency center next year to confront the spread of online disinformation, signaling an aggressive shift in how the government intends to police digital content. The announcement came as the Korea Media Communications Commission (KMCC) delivered its first [...]

Bill to Shift DMZ Authority to Seoul Draws Objections From U.N. Command

Bill to Shift DMZ Authority to Seoul Draws Objections From U.N. Command

SEOUL, Dec. 12 (Korea Bizwire) — A proposal that would grant the South Korean government authority over civilian access to the Demilitarized Zone — long controlled by the United Nations Command — is facing resistance from key ministries in Seoul and from the U.S.-led command itself. Lawmakers from the governing Democratic Party introduced the bill [...]

Korea Eyes Heavy Fines for Companies Behind Repeated Personal Data Breaches

Korea Eyes Heavy Fines for Companies Behind Repeated Personal Data Breaches

SEOUL, Dec. 12 (Korea Bizwire) — Science Minister Bae Kyung-hoon said Friday the government will seek to introduce punitive fines on businesses with repeated data breaches amid growing concern over personal information security. Bae made the remark during the Ministry of Science and ICT’s policy briefing to President Lee Jae Myung in the central city [...]

Peace Without Reunification: Public Opinion in South Korea Shifts Toward Pragmatism

Peace Without Reunification: Public Opinion in South Korea Shifts Toward Pragmatism

SEOUL, Dec. 12 (Korea Bizwire) —  A large majority of South Koreans believe that maintaining peaceful coexistence with North Korea is more important than achieving reunification, according to a government survey released Thursday. The Unification Ministry’s poll found that 79.4 percent of respondents agreed that “peaceful coexistence without war is more important than reunification,” reflecting [...]

As Regions Empty Out, Koreans Point to ‘No Good Jobs’ as the Root Cause

As Regions Empty Out, Koreans Point to ‘No Good Jobs’ as the Root Cause

SEOUL, Dec. 12 (Korea Bizwire) — As demographic decline accelerates across South Korea, a new national survey suggests that a lack of appealing jobs is the single most important reason people are leaving regional areas — and choosing not to raise children there. The Korea Institute for Health and Social Affairs (KIHASA) released the findings Thursday [...]

Seoul to Require Labels on AI Content and Impose Punitive Damages for Misleading Ads

Seoul to Require Labels on AI Content and Impose Punitive Damages for Misleading Ads

SEOUL, Dec. 11 (Korea Bizwire) — South Korea will introduce new regulations to curb the rapid spread of artificial intelligence–generated false and exaggerated advertising, including a mandatory labeling system for AI-produced content and punitive damages for malicious misinformation, government officials said Wednesday. The package was approved at a national policy coordination meeting chaired by Prime Minister [...]