SEOUL, Feb. 8 (Korea Bizwire) — President Yoon Suk Yeol said Wednesday that first lady Kim Keon Hee failed to “cold-heartedly reject” a visitor armed with a hidden camera, speaking for the first time on allegations she accepted a luxury handbag from the man in 2022. Yoon said in an interview with KBS TV that [...]
SEOUL, Feb. 7 (Korea Bizwire) – South Korea’s broadcasting watchdog on Wednesday approved that an affiliate of the mid-sized conglomerate Eugene Group becomes the largest shareholder of the local news channel YTN. The Korea Communications Commission (KCC) said it decided to approve the application by Eugene ENT Co. to change the largest shareholder of the [...]
SEOUL, Feb. 6 (Korea Bizwire) – The government’s first medical school enrollment quota increase in decades came out of a dire necessity to secure more doctors for ensuring basic medical services amid rapid aging and growing regional disparities, though South Korea has a long way to go before achieving the goals facing fierce opposition from [...]
SEOUL, Feb. 6 (Korea Bizwire) – A court on Tuesday recognized the state’s liability to compensate humidifier disinfectant victims or their bereaved families for the first time in South Korea. The Seoul High Court overturned a lower court’s verdict that the state is not responsible for compensation to the victims of toxic humidifier sterilizer products, [...]
SEOUL, Feb. 6 (Korea Bizwire) – Many health service consumers welcomed Tuesday’s government decision to drastically increase the medical school enrollment quota, saying it will improve access to doctors, but others voiced skepticism that it could erode the quality of medical services. The Ministry of Health and Welfare said the entrance quota for medical schools [...]
SEOUL, Feb. 5 (Korea Bizwire) – A recent survey has shown that labor experts consider the reintroduction of the “Yellow Envelope Law” (an amendment to the Labor Union and Labor Relations Act) as the most crucial pledge for office workers in this year’s general election. Gabjil 119, a civic group, conducted a poll among its affiliated [...]
SEOUL, Feb. 4 (Korea Bizwire) – South Korea will begin discussions on raising state health insurance premiums in order to make the program sustainable amid the low birth rate and aging population, the health ministry said Sunday. The government has outlined the second comprehensive state health insurance program for the 2024-2028 period, with the aim [...]
SEOUL, Feb. 1 (Korea Bizwire) – The government on Thursday unveiled a National Cybersecurity Strategy calling for strengthening the country’s offensive cyber defense operations and building cooperation mechanisms with the international community while keeping a focus on North Korea’s cyberthreats. The 35-page strategy was drawn up jointly by the presidential Office of National Security, the [...]
SEOUL, Jan. 30 (Korea Bizwire) — President Yoon Suk Yeol vowed Tuesday to improve services in the digital government, online gaming and telemedicine sectors, saying digital technologies should be a tool to promote people’s freedom and welfare. Yoon made the remark during a government-public debate on people’s livelihood issues, the seventh in a series, which [...]
SEOUL, Jan. 29 (Korea Bizwire) – North Korea’s recent series of missile launches using diverse platforms indicate its efforts to develop more powerful and harder-to-detect weapons, posing a challenge to South Korea’s missile defense system, experts said Monday. North Korea tested an array of missiles under development at the start of the year, including a [...]