SEOUL, June 5 (Korea Bizwire) — The National Assembly on Thursday passed bills to launch special counsel probes into insurrection charges surrounding former President Yoon Suk Yeol over his failed martial law bid and allegations against Yoon’s wife. The bills were approved in a 194-3 vote with one abstention at a plenary session of the [...]
JEJU, June 5 (Korea Bizwire) — As plastic pollution in oceans worsens, South Korea’s traditional sea women — or haenyeo — are finding their diving grounds increasingly choked with debris. On June 4, Inger Andersen, Executive Director of the United Nations Environment Programme (UNEP), met with a veteran haenyeo on Jeju Island to witness firsthand the frontlines of marine [...]
SEOUL, June 5 (Korea Bizwire) — In a major move to strengthen animal welfare protections, South Korea has expanded its mandate requiring closed-circuit television (CCTV) installation to all pet-related businesses, including pet shops and animal exhibition facilities. The Ministry of Agriculture, Food and Rural Affairs announced Wednesday that a revised enforcement ordinance of the Animal [...]
SEOUL, June 5 (Korea Bizwire) — South Korea’s Fair Trade Commission (FTC) announced Wednesday that it will formalize and publicly disclose criteria for identifying online shopping platforms that receive frequent consumer complaints, in a bid to improve transparency and strengthen consumer protection. Under the proposed regulation — titled Rules on Disclosure of Online Retailers with [...]
SEOUL, June 4 (Korea Bizwire) — In recognition of World Environment Day, LG Electronics is launching a series of global and local initiatives to spotlight the urgent need to combat plastic pollution and promote sustainable living, the company announced Wednesday. As part of its long-running “LG Hope Screen” program, LG is screening a campaign video [...]
SEOUL, June 4 (Korea Bizwire) — U.S. President Donald Trump signed a proclamation Tuesday raising tariffs on imported steel and aluminum from 25% to 50%, dramatically escalating trade tensions and sending shockwaves through South Korea’s embattled steel industry. The move, viewed by many as the realization of a “steel curtain” around the U.S. market, erects [...]
GWANGJU, June 4 (Korea Bizwire) — President Lee Jae-myung emerged as the top choice in a nationwide mock presidential election held among South Korean youth, winning more than half of the votes cast by participants under the age of 18. The mock election, organized by Gwangju YMCA and the Youth Mock Voting Coalition, surveyed 17,466 [...]
SEOUL, June 4 (Korea Bizwire) — President Lee Jae-myung said Wednesday that he would take note of the importance of policy coherence in relations with Japan. Lee, who was sworn into office earlier in the day, made the remarks when asked whether he would uphold the previous government’s approach on the wartime forced labor compensation [...]
SEOUL, June 4 (Korea Bizwire) – President Lee Jae-myung on Wednesday called for “watertight” military readiness in his first phone talks with South Korea’s military chief, shortly after assuming his role as commander-in-chief. During the phone talks, Lee received a security briefing from Joint Chiefs of Staff (JCS) Chairman Adm. Kim Myung-soo on North Korea’s [...]
SEOUL, June 4 (Korea Bizwire) – A Czech court has canceled an injunction banning the signing of a multibillion-dollar nuclear power plant contract with South Korea, lifting a major hurdle in the final agreement between the two sides, the Korean company in charge of the project said Wednesday. The Korea Hydro & Nuclear Power Co. [...]