SEOUL, Nov. 14 (Korea Bizwire) — South Korea and the United States have agreed to strengthen digital trade freedoms and prevent discriminatory regulation against American firms operating in Korea, according to a joint fact sheet released Friday by the presidential office. Under the agreement, the two governments pledged to ensure that U.S. companies are not subjected [...]
SEOUL, Nov. 14 (Korea Bizwire) — South Korea and the United States have agreed to accelerate long-stalled efforts to transfer wartime operational control (OPCON) to Seoul, a move that aligns with President Lee Jae-myung’s pledge to complete the transition before the end of his term in 2030. The commitment was included in a joint fact sheet [...]
WASHINGTON, Nov. 13 (Korea Bizwire) – The United States has formally endorsed South Korea’s long-standing ambition to build nuclear-powered submarines and expressed support for Seoul’s push to acquire civil uranium enrichment and spent-fuel reprocessing capabilities, according to a joint fact sheet released Thursday. The document, issued by the White House, summarizes the outcomes of two [...]
SEOUL, Nov. 14 (Korea Bizwire) — South Korea’s National Pension Service (NPS) plans a sweeping overhaul of its emergency loan program for seniors, known as the Silver Loan, aiming to improve convenience and ensure that aid reaches those most in need. According to a briefing the NPS submitted to the National Assembly’s audit at the [...]
SEOUL, Nov. 14 (Korea Bizwire) — South Korea’s Disease Control and Prevention Agency (KDCA) on Friday unveiled a new six-point set of diabetes prevention guidelines, urging the public to adopt healthier daily habits as the country observes World Diabetes Day. Diabetes — caused by insufficient insulin production or impaired insulin function — remains one of the [...]
SEOUL, Nov. 14 (Korea Bizwire) — A working mother has filed a petition with South Korea’s National Assembly opposing a proposed ban on early-morning delivery services, arguing that the measure would harm families and consumers who depend on the convenience for their daily lives. The petition, titled “Opposition to the Ban or Restriction on Dawn Deliveries,” [...]
SEOUL, Nov. 14 (Korea Bizwire) — A South Korean appeals court has sided with game developer NCSOFT in a lawsuit filed by a Lineage M player who refused to share valuable in-game items obtained through joint play, ruling that the company’s action to confiscate the items and suspend the user’s account was justified. The Seoul High [...]
SEOUL, Nov. 14 (Korea Bizwire) — South Korea will begin publicly disclosing detailed lists of harmful substances contained in tobacco products starting next year, as part of its expanded efforts to strengthen public health protections. The Ministry of Health and Welfare and the Ministry of Food and Drug Safety said Thursday that the decision was approved [...]
SEOUL, Nov. 13 (Korea Bizwire) — A South Korean court has ordered Incheon’s Yeonsu District Office to refund taxes to POSCO Wide, ruling that the district wrongly included the value of a golf course’s business rights in its property tax calculation. The Incheon District Court’s Administrative Division 2 ruled in favor of POSCO Wide, which owns [...]
SEOUL, Nov. 13 (Korea Bizwire) — A new survey has found that South Korean doctors work more than 2,300 hours a year on average, prompting calls from the medical community for more accurate assessments of working conditions before the government determines future medical school quotas. At a conference hosted Wednesday by the Korean Medical Association’s Research [...]