SEOUL, Oct. 23(Korea Bizwire) — A modest tray of white rice, kimchi stew with tuna, bulgogi, stir-fried potatoes, dried seaweed, cherry tomatoes, and a banana might not seem revolutionary. Yet in South Korea’s evolving disaster management system, this humble combination marks a quiet but meaningful shift. The Korean Red Cross, in partnership with the Ministry of [...]
SEOUL, Oct. 23 (Korea Bizwire) — South Korea will overhaul its market surveillance framework this month, moving from an “account-based” to an “individual-based” monitoring system in an effort to better detect unfair trading and improve enforcement efficiency, financial regulators announced Wednesday. The Financial Services Commission (FSC) said that amendments to the Enforcement Decree of the Capital [...]
JEJU, South Korea, Oct. 23 (Korea Bizwire) — The Jeju provincial government has unveiled a sweeping initiative to eliminate price gouging at tourist attractions and local festivals, following a series of public complaints about overcharging and poor-quality food during recent events. The plan, announced Wednesday after a government–private sector meeting chaired by Vice Governor Kim Ae-sook, [...]
MUAN, South Korea, Oct. 22 (Korea Bizwire) — On the reclaimed coastline of South Jeolla Province, an ambitious experiment in urban design is quietly taking shape. The corporate city of Solasido — a blend of solar, sea, and do (province) — is emerging as South Korea’s latest bid to merge renewable energy with artificial intelligence, drawing [...]
SEOUL, Oct. 22 (Korea Bizwire) — More than 40 years after being forcibly sent to the notorious Samcheong Reeducation Camp under the military regime of Chun Doo-hwan, a victim has won a rare court-ordered compensation from the South Korean government. The Seoul Central District Court recently ruled that the state must pay 95 million won (about [...]
SEOUL, Oct. 22 (Korea Bizwire) – In South Korea, the seemingly harmless act of skipping a restaurant reservation may soon come with a much steeper price. The Fair Trade Commission announced Wednesday that it plans to raise cancellation fees for diners who fail to show up without notice—a move aimed at curbing what officials describe [...]
SEOUL, Oct. 22 (Korea Bizwire) — More than six years after South Korea’s Constitutional Court struck down the nation’s longstanding abortion ban as unconstitutional, lawmakers have yet to pass replacement legislation—leaving women and medical professionals in a state of growing uncertainty. A new government-backed study released Tuesday by the Ministry of Health and Welfare and [...]
MUAN, Oct. 22 (Korea Bizwire) — In a country racing to secure its place in the global artificial intelligence arms race, South Jeolla Province has quietly become a surprising frontrunner. Backed by abundant renewable energy and vast land resources, the region is drawing some of the world’s biggest technology investments—including the government’s next national AI computing [...]
SEOUL, Oct. 22 (Korea Bizwire) — The Seoul Metropolitan Council is taking a landmark step toward acknowledging the economic and social value of unpaid labor traditionally carried out by women. Council Chair Choi Ho-jung announced Tuesday the introduction of an ordinance that would allow women who have spent years in household management or caregiving roles to [...]
SEOUL, Oct. 22 (Korea Bizwire) — Amid a growing presence of service robots in South Korea’s restaurants and public facilities, concerns are mounting over potential hacking risks and the absence of government oversight to ensure their cybersecurity. According to data submitted by the Korea Internet and Security Agency (KISA) to Rep. Choi Su-jin of the opposition [...]