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S. Korean Watchdog Scrutinizing Personal Data Handling by Chinese E-commerce Firms: Official

S. Korean Watchdog Scrutinizing Personal Data Handling by Chinese E-commerce Firms: Official

WASHINGTON, Apr. 3 (Korea Bizwire) — South Korea’s data protection watchdog is looking into how Chinese e-commerce firms, such as AliExpress and Temu, have been collecting and using consumer data, its chief said Wednesday, amid lingering concerns over their protection of personal information. Ko Hak-soo, the chairperson of the Personal Information Protection Commission, made the [...]

HD Hyundai Heavy Delivers 3,000-ton Submarine to Navy

HD Hyundai Heavy Delivers 3,000-ton Submarine to Navy

ULSAN, Apr. 4 (Korea Bizwire) — South Korean shipbuilder HD Hyundai Heavy Industries Co. on Thursday delivered a 3,000-ton diesel submarine to the Navy, which will serve as a key asset to deter threats posed by North Korea. The submarine, named after famous Korean independence activist Shin Chae-ho (1880-1936), was delivered to the Navy at [...]

S. Korea to Spend 710.2 Bln Won to Expand AI in Everyday Life

S. Korea to Spend 710.2 Bln Won to Expand AI in Everyday Life

SEOUL, Apr. 4 (Korea Bizwire) — South Korea will funnel 710.2 billion won (US$526.9 million) into the government’s projects to integrate artificial intelligence (AI) into everyday life, the science ministry said Thursday. The AI Strategy High-Level Consultative Council, a government-civilian panel for shaping AI policies, convened its inaugural meeting and approved the investment plan to [...]

South Korea Cracks Down on Discrimination Against Non-Regular Workers at Financial Firms

South Korea Cracks Down on Discrimination Against Non-Regular Workers at Financial Firms

SEOUL, Apr. 4 (Korea Bizwire) – The South Korean government has uncovered widespread discriminatory practices against temporary and part-time employees at major financial institutions, including banks, credit card companies, and credit bureaus. In a labor inspection spanning 35 firms during the first quarter, the Ministry of Employment and Labor found a total of 185 violations pertaining [...]

Farewell to Fu Bao: South Korea Bids Emotional Goodbye to Its Beloved Giant Panda

Farewell to Fu Bao: South Korea Bids Emotional Goodbye to Its Beloved Giant Panda

YONGIN/SEOUL, Apr. 3 (Korea Bizwire) – In a touching display of affection, over 6,000 fans gathered at Everland Resort on the morning of April 3 to bid a heartfelt farewell to Fu Bao, the first giant panda born in South Korea, as she embarked on her journey to China. Despite the early hour and the [...]

U.S. State Department Acknowledges Jeju April 3rd Uprising as a “Tragic Event”

U.S. State Department Acknowledges Jeju April 3rd Uprising as a “Tragic Event”

SEOUL, Apr. 3 (Korea Bizwire) – The U.S. State Department has officially referred to the Jeju April 3rd Incident, a dark chapter in South Korea’s history, as a “tragic event” that “should not be forgotten.” This statement marks a significant shift as the United States, which governed the southern part of the Korean Peninsula from September [...]

Feline Feeding Stations Rejected at South Korea’s Premier Migratory Bird Sanctuary

Feline Feeding Stations Rejected at South Korea’s Premier Migratory Bird Sanctuary

SEOUL, Apr. 3 (Korea Bizwire) – In a recent decision that has sparked debate among conservationists and animal welfare advocates, a request to establish feeding stations for stray cats at Eulsukdo, a vital habitat for migratory birds along the Nakdong River estuary, has been denied.  The Cultural Heritage Administration’s Natural Monuments division, after a thorough review, [...]

Facing Birth Rate Crisis, South Korean Province Launches Matchmaking Efforts

Facing Birth Rate Crisis, South Korean Province Launches Matchmaking Efforts

ANDONG, Apr. 3 (Korea Bizwire) – In a bid to tackle dwindling birth rates, the government of North Gyeongsang Province announced on April 2 that it will implement a “matchmaking package program” aimed at bringing together singles.  The initiative will provide opportunities for unmarried men and women to meet through hobby clubs catering to interests like [...]

Gov’t to Draw Up Largest-ever R&D Budget Next Year

Gov’t to Draw Up Largest-ever R&D Budget Next Year

SEOUL, Apr. 3 (Korea Bizwire) — The government plans to draw up its largest-ever budget for research and development (R&D) projects next year, the presidential office said Wednesday. Park Sang-ook, senior presidential secretary for science and technology, said the government is working to overhaul the way it supports R&D projects while “sharply increasing” the relevant [...]