SEOUL, July 21 (Korea Bizwire) — In response to the rapid proliferation of new synthetic narcotics, the South Korean government is seeking to drastically shorten the classification timeline for temporary controlled substances from the current 40 days to roughly two weeks, aiming to bolster early detection and enforcement capabilities. The Ministry of Food and Drug Safety [...]
SEOUL, July 21 (Korea Bizwire) — As South Korea prepares to roll out its nationwide consumer coupon initiative aimed at reviving domestic spending, some foreign residents, including permanent residents and marriage immigrants, are set to benefit from the program for the first time. Beginning July 21, eligible residents can apply for the consumer coupons, which offer [...]
SEOUL, July 21 (Korea Bizwire) — As small restaurant owners continue to struggle with rising operational costs and a sluggish economy, South Korea’s National Assembly is considering introducing a cap on delivery app fees — a move that could significantly reshape the country’s booming food delivery sector. At the center of the debate is the [...]
SEOUL, July 18 (Korea Bizwire) — President Lee Jae Myung’s special envoy to India visited the country and met with its Prime Minister Narendra Modi, the foreign ministry said Friday. A team of special envoys led by former Prime Minister Kim Boo-kyum visited New Delhi and paid a courtesy call on Modi on Thursday. They [...]
SEOUL, July 18 (Korea Bizwire) – Special Prosecutor Lee Myeong-hyeon’s team filed for an arrest warrant for former Marine Corps Commandant Kim Kye-hwan on Friday, in a widening investigation into allegations that then high-ranking officials intervened in an initial military probe into the tragic death of a young Marine in 2023. Kim is suspected of [...]
SEOUL, July 18 (Korea Bizwire) — A special investigation team probing allegations against Kim Keon-hee, wife of former President Yoon Suk-yeol, carried out a sweeping raid Friday on key facilities of the Unification Church, triggering a dramatic protest from its followers. According to reports by MBC and JTBC, the raid targeted the Cheon Jeong Gung [...]
SEOUL, July 18 (Korea Bizwire) — Health Minister nominee Jeong Eun-kyeong vowed Friday to pursue medical reforms that can “gain support from both the people and the medical community” amid signs that the prolonged standoff between the government and junior doctors may soon be resolved. “I will push for people-centered medical reform measures that can [...]
SEOUL, July 18 (Korea Bizwire) — President Lee Jae Myung held meetings with Hyundai Motor Group Executive Chair Euisun Chung and LG Group Chairman Koo Kwang-mo and discussed business and trade issues, the presidential office said Friday. Lee hosted a dinner meeting with Chung on Monday and another dinner with Koo on Tuesday, presidential spokesperson [...]
TOKYO/SEOUL, July 18 (Korea Bizwire) – Senior diplomats of South Korea, the United States and Japan reaffirmed their commitment to advancing trilateral cooperation, as the three sides held talks in Tokyo on Friday. First Vice Foreign Minister Park Yoon-joo was joined by U.S. Deputy Secretary of State Christopher Landau and their Japanese counterpart, Takehiro Funakoshi, [...]
SEOUL, July 18 (Korea Bizwire) — In a direct response to South Korea’s strengthened gaming regulations, U.S. game publisher Electronic Arts (EA) has disabled microtransaction features for Korean users of its upcoming soccer title, “FC 26,” making it one of only two countries—alongside Russia—facing such restrictions. According to industry sources on Thursday, EA has blocked [...]