SEOUL, May 14 (Korea Bizwire) – A South Korean highway employee who pioneered the use of color-coded lane markers at highway exits over a decade ago has been awarded one of the country’s highest civilian honors. On May 11, the Ministry of the Interior and Safety held a Government Innovation Awards ceremony, bestowing honors on six [...]
SEOUL, May 13 (Korea Bizwire) – The South Korean antitrust regulator said Monday it signed agreements with the Chinese retail platforms AliExpress and Temu meant to strive to prevent their selling of harmful products and better protect consumers. The move came as the customs agency found that some of the products sold on AliExpress, owned [...]
SEOUL, May 13 (Korea Bizwire) – The new chief of the military recruitment agency pledged Monday to push for changes in the country’s supplementary military system as questions arose over its fairness with an exemption of top athletes and musicians from conscription. Kim Jong-cheol, the new commissioner of the Military Manpower Administration, made the remark [...]
SEOUL, May 13 (Korea Bizwire) – South Korea and Cuba have officially kicked off discussions on opening a Cuban diplomatic mission in Seoul, the foreign ministry said Monday. Mario Alzugaray Rodriguez, deputy head of mission of the Embassy of Cuba in China, arrived in Seoul the previous day to discuss with officials at the ministry [...]
SEOUL, May 13 (Korea Bizwire) — Second Vice Health Minister Park Min-soo said Monday that junior doctors may face a one-year delay in getting medical fellowships unless they return to work by the end of this week. The prolonged walkouts by some 12,000 trainee doctors, who have left their worksites since Feb. 20 in protest [...]
SEOUL, May 13 (Korea Bizwire) — The chief of the state arms procurement agency has held talks with Malaysia’s defense minister on ways to expand arms industry cooperation, his office said Monday, amid Seoul’s drive to clinch more defense deals with Southeast Asian countries. Seok Jong-gun, minister of the Defense Acquisition Program Administration (DAPA), met [...]
SEOUL, May 13 (Korea Bizwire) — South Korea’s trade ministry said Monday it has held the first joint committee meeting with Cambodia after their free trade agreement (FTA) took effect and discussed the progress of the deal and ways to cooperate in the global supply chain. Trade Minister Cheong In-kyo met his Cambodian counterpart, Cham [...]
SEOUL, May 13 (Korea Bizwire) — South Korea will push to set up a package worth over 10 trillion won (US$7.28 billion) to support the chip industry as part of efforts to boost the competitiveness of the critical industry and to prop up economic growth, the finance ministry has said. The planned assistance program of [...]
SEOUL, May 13 (Korea Bizwire) – More than one in three young dual-income married couples in South Korea are “double income, no kids” households, known as DINKs, according to a recent study by the Korea Labor Institute. The institute’s report on “Changes in Characteristics of Childless Couples Over the Past Decade,” analyzing data from the Korean [...]
SEOUL, May 10 (Korea Bizwire) – As the healthcare crisis stemming from the mass resignation of resident doctors stretches into its third month, the South Korean government has decided to open the door for foreign physicians to fill vacancies, officials said on May 9. The move comes as the government braces for a potential prolonged disruption, [...]