GWANGJU, South Korea, Jan. 23 (Korea Bizwire) — The South Korean city of Gwangju has reciprocated a symbolic gift from the U.S. state of Virginia with a gesture that underscores shared democratic ideals. On January 16, Gwangju Mayor Kang Gi-jung sent the city’s flag to Virginia Governor Glenn Youngkin via professors from Chonnam National University’s Food [...]
SEOUL, Jan. 23 (Korea Bizwire) — South Korea’s Personal Information Protection Commission (PIPC) has imposed fines totaling 8.3 billion won ($5.8 Million) on KakaoPay and Apple Pay for transferring the personal data of approximately 40 million users to China’s Alipay without proper consent. The commission announced on Thursday that both companies violated South Korea’s Personal Information [...]
SEOUL, Jan. 23 (Korea Bizwire) — Starting January 24, 2025, South Korea will extend the maximum residence period for foreign victims of jeonse frauds in public emergency housing from two years to six years, the Ministry of Land, Infrastructure, and Transport announced on Thursday. Jeonse fraud is a type of real estate fraud that occurs when [...]
SEOUL, Jan. 23 (Korea Bizwire) — About 1,000 North Korean soldiers are believed to have been killed while fighting Ukrainian forces in Russia’s western front-line region of Kursk, a news report said Thursday. Out of the estimated 11,000 North Korean troops deployed in support of Russia’s war against Ukraine, 4,000 have been killed, wounded, missing [...]
SEOUL, Jan. 23 (Korea Bizwire) — South Korea’s business community on Thursday launched a promotion committee to support the government’s preparations for the Asia-Pacific Economic Cooperation (APEC) CEO Summit set to be held in the country this year. The Korea Chamber of Commerce & Industry (KCCI) said the committee, led by KCCI Chairman Chey Tae-won, [...]
SEOUL, Jan. 23 (Korea Bizwire) — South Korea plans to strengthen its oversight of low-cost carriers (LCCs) and impose strict penalties on airlines failing to meet enhanced operational safety standards, the government said Thursday, following last month’s Jeju Air crash. In a meeting with CEOs of nine domestic LCCs, including Jeju Air, T’way Air, Eastar Jet [...]
SEOUL, Jan. 23 (Korea Bizwire) — The Constitutional Court on Thursday rejected a National Assembly vote to impeach Korea Communications Commission (KCC) Chairperson Lee Jin-sook over what opposition lawmakers said was a controversial decision-making process at the state broadcasting watchdog. The opposition-led National Assembly voted to impeach Lee on Aug. 2, just two days after [...]
SEOUL, Jan. 23 (Korea Bizwire) — The South Korean government announced plans to institutionalize undercover narcotics investigations and strengthen on-site enforcement authority in response to the evolving sophistication of drug trafficking networks. The measures, unveiled during a cabinet meeting on January 22, are part of the country’s first Basic Narcotics Control Plan for 2025–2029. The [...]
SEOUL, Jan. 23 (Korea Bizwire) — South Korea’s average sea surface temperature reached an unprecedented high in 2024, surpassing the previous record set just a year earlier, according to data released by the National Institute of Fisheries Science (NIFS) on January 22. Research vessels recorded an annual average sea surface temperature of 18.74°C in South Korean [...]
SEOUL, Jan. 23 (Korea Bizwire) — More than 70% of South Koreans are now familiar with the nation’s animal protection laws, reflecting a steady increase in public awareness of animal welfare issues, according to a recent government survey. The Ministry of Agriculture, Food and Rural Affairs conducted an online survey of 5,000 respondents aged 20-64 across [...]