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Head of Abolished N.K. Party Organ on Inter-Korean Affairs Appears to Retain Political Status

Head of Abolished N.K. Party Organ on Inter-Korean Affairs Appears to Retain Political Status

SEOUL, Jan. 10 (Korea Bizwire) — Ri Son-gwon, director of North Korea’s abolished United Front Department (UFD) in charge of affairs with South Korea, appears to have retained his political status even after the department’s purported dissolution, according to state media on Friday. The Korean Central News Agency reported that Ri attended a banquet held [...]

Chinese Tourist Nabbed for Filming Jeju Int’l Airport with a Drone

Chinese Tourist Nabbed for Filming Jeju Int’l Airport with a Drone

JEJU, South Korea, Jan. 10 (Korea Bizwire) — A Chinese tourist has been apprehended for illegally filming Jeju International Airport on the southern Jeju Island, classified as a top-level national security facility, with a drone, police said Friday. The Jeju Provincial Police Agency said it was investigating the Chinese national, whose identity was withheld, on [...]

Sustainability Reports Surge Among South Korean Listed Companies

Sustainability Reports Surge Among South Korean Listed Companies

SEOUL, Jan. 10 (Korea Bizwire) — In 2024, the number of publicly listed companies on South Korea’s main stock exchange voluntarily disclosing sustainability reports rose by nearly 30%, reflecting growing awareness of environmental, social, and governance (ESG) principles. The Korea Exchange reported on January 9 that 204 companies listed on the KOSPI voluntarily released sustainability [...]

Court Awards Partial Compensation to Repatriated Fishermen Wrongfully Accused of Espionage

Court Awards Partial Compensation to Repatriated Fishermen Wrongfully Accused of Espionage

SEOUL, Jan. 10 (Korea Bizwire) — A South Korean court has awarded partial compensation to repatriated fishermen who were unlawfully detained, tortured, and falsely accused of espionage after being abducted by North Korea decades ago. However, the damages granted fell significantly short of the amounts sought by the plaintiffs, prompting frustration and plans for an [...]

South Korea to Overhaul Private Health Insurance and Uninsured Medical Services

South Korea to Overhaul Private Health Insurance and Uninsured Medical Services

SEOUL, Jan. 10 (Korea Bizwire) — In a significant healthcare reform initiative, the South Korean government announced plans to reclassify certain non-critical and uninsured medical treatments, including manual therapy, under a new “managed care” category that will require patients to pay over 90% of the costs.  The policy change, unveiled at a public forum on healthcare [...]

Corrective Orders for Illicit Content on Chat Apps Hit Record High in 2024

Corrective Orders for Illicit Content on Chat Apps Hit Record High in 2024

SEOUL, Jan. 9 (Korea Bizwire) — The number of corrective orders issued for pornographic and prostitution-related content on random chat applications reached an all-time high in 2024, according to newly released government data. Representative Han Min-soo of the Democratic Party, a member of the National Assembly’s Science, Technology, Information Broadcasting and Communications Committee, reported on January [...]

Gov’t to Release Agricultural Products to Stabilize Prices ahead of Lunar New Year

Gov’t to Release Agricultural Products to Stabilize Prices ahead of Lunar New Year

SEOUL, Jan. 9 (Korea Bizwire) — South Korea plans to release a record amount of agricultural products into the market to stabilize prices and ease the financial burden on people ahead of the Lunar New Year, the government said Thursday. Under the plan, the government will release 265,000 tons of 16 major agricultural items, including [...]

Ex-Marine Investigator Acquitted of Subordination Charges in Conscript Death Probe

Ex-Marine Investigator Acquitted of Subordination Charges in Conscript Death Probe

SEOUL, Jan. 9 (Korea Bizwire) — A former Marine Corps chief investigator was acquitted on Thursday of subordination charges in a military probe into a young conscript killed during flood-related rescue operations. A court martial in central Seoul delivered the ruling on Col. Park Jung-hun, who was accused of insubordination and defamation of his superior [...]