SEOUL, Nov. 5 (Korea Bizwire) — South Korea plans to invest more than 900 billion won, or about $622 million, over the next seven years to develop advanced medical devices that officials described as “game-changing,” the Ministry of Trade, Industry and Resources said Wednesday. Under the initiative, which runs from 2025 through 2030, the government will [...]
SEOUL, Nov. 5 (Korea Bizwire) — Defense Minister Ahn Gyu-back signaled support on Wednesday for constructing South Korea’s first nuclear-powered submarine at a domestic shipyard, arguing that the nation’s decades of shipbuilding expertise make it capable of managing such an ambitious defense project. The comments come amid Seoul’s accelerating pursuit of a nuclear-powered submarine fleet—a capability [...]
DAEJEON, Nov. 5 (Korea Bizwire) — More than 100 South Korean teenagers voluntarily confessed to online gambling and sought help through a police-led rehabilitation program in Daejeon over the past year, according to police data released Tuesday. The Daejeon Metropolitan Police Agency said that between November last year and October this year, 109 students — including [...]
SEOUL, Nov. 5 (Korea Bizwire) — Xiaomi announced Tuesday that it will launch a special discount event for its flagship smartphone, the Xiaomi 15 Ultra, after Chinese President Xi Jinping presented the device to South Korean President Lee Jae-myung during their recent summit. Xiaomi Korea said it was “honored” that one of its latest flagship models [...]
SEOUL, Nov. 5 (Korea Bizwire) — The price of stolen South Korean credit card information traded on the dark web has more than doubled over the past two years, reflecting rising demand among cybercriminals despite stronger global security measures, a new report found. According to cybersecurity firm NordVPN, data collected in May from its threat monitoring [...]
SEOUL, Nov. 4 (Korea Bizwire) — South Korea’s Cabinet approved a series of legislative revisions on Tuesday, including a law aimed at preventing “emergency room carousel” (being repeatedly sent from one ER to another) and protecting civil servants who take proactive administrative action. The revised Emergency Medical Service Act requires hospitals to set up dedicated phone [...]
SEOUL, Nov. 4 (Korea Bizwire) — A South Korean court has ruled that the government must compensate a man in his 20s who developed a rare neurological disorder believed to be linked to a COVID-19 vaccine, marking a significant decision in ongoing disputes over vaccine-related injuries. According to the Seoul Administrative Court on Monday, the [...]
SEOUL, Nov. 4 (Korea Bizwire) — President Lee Jae Myung pledged on Tuesday to accelerate South Korea’s path toward a self-reliant military and expand its defense capabilities, while renewing calls for dialogue with North Korea amid growing regional uncertainty. “We will significantly strengthen our national defense and realize the vision of self-reliant defense,” Lee said in [...]
SEOUL, Nov. 4 (Korea Bizwire) — A growing number of Korean men who had abandoned their mixed-heritage children in the Philippines have begun reaching out to the mothers after a civic group posted their faces online, reigniting a long-running debate over privacy and accountability. The group, People Solving Child Support Problems—formerly known as “Bad Fathers”—said [...]
SEOUL, Nov. 4 (Korea Bizwire) — Seoul’s experiment with “no-scooter zones” has drawn strong public support, with a majority of residents reporting safer and more comfortable pedestrian environments, city officials said Monday. The pilot program, the first of its kind in South Korea, was launched in May along two busy stretches: the 1.3-kilometer Red Road [...]