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PPP, Gov’t to Come up with Comprehensive Response System against Illegal Drug Use

PPP, Gov’t to Come up with Comprehensive Response System against Illegal Drug Use

SEOUL, Oct. 27 (Korea Bizwire) — The ruling People Power Party (PPP) vowed Friday to come up with comprehensive measures to tackle the growing use of narcotics in the country amid renewed concerns about the problem as big-name celebrities are under drug investigation. “Our party and the government … will establish a comprehensive drug response [...]

South Korea to Introduce 6-Month Stay Requirement for Health Insurance Dependent Status for Foreigners

South Korea to Introduce 6-Month Stay Requirement for Health Insurance Dependent Status for Foreigners

SEOUL, Oct. 27 (Korea Bizwire) – Starting next year, foreigners will be required to stay in South Korea for a minimum of six months to qualify for health insurance dependent status. According to the Ministry of Health and Welfare and the National Health Insurance Service on Thursday, a revision to the Health Insurance Act that introduces [...]

Samsung Research Study Reveals Alarming Sleep Disparities Among South Korea’s Elderly

Samsung Research Study Reveals Alarming Sleep Disparities Among South Korea’s Elderly

SEOUL, Oct. 27 (Korea Bizwire) – A recent study conducted by Samsung Research has revealed concerning statistics regarding sleep patterns and quality among the elderly population in South Korea. According to the study’s findings, South Korea ranks at the bottom in terms of both sleep duration and sleep quality among the 17 countries surveyed.  Samsung Research, [...]

South Korean Government Earmarks Budget of 3 Trillion Won Over Next 6 Years to Respond to Fukushima Wastewater Dumping

South Korean Government Earmarks Budget of 3 Trillion Won Over Next 6 Years to Respond to Fukushima Wastewater Dumping

SEOUL, Oct. 27 (Korea Bizwire) – The South Korean government intends to allocate funding of 3 trillion won over the next six years to address Japan’s release of contaminated water from the Fukushima nuclear power plant. According to data from the National Assembly’s Budget Policy Office concerning the government’s response to the discharge of contaminated water [...]

Regulator Sends Kakao, Entertainment Unit to Prosecutors over Allegation of Stock Manipulation

Regulator Sends Kakao, Entertainment Unit to Prosecutors over Allegation of Stock Manipulation

SEOUL, Oct. 26 (Korea Bizwire) — The financial regulator said Thursday it has sent Kakao Corp., its entertainment subsidiary and three senior executives to prosecutors over alleged stock price manipulation in connection with a takeover bid. Kim Beom-su, founder of the social media giant Kakao, was not included in the list, according to the Financial [...]

Police to Clamp Down on Wearing, Selling Police Costumes During Halloween Week

Police to Clamp Down on Wearing, Selling Police Costumes During Halloween Week

SEOUL, Oct. 26 (Korea Bizwire) — Police said Thursday they will launch a crackdown on those wearing or selling police costumes during Halloween week to prevent confusion with real police officers on duty. The National Police Agency said they have been monitoring transactions of police costumes online, including on portal sites and secondhand markets, and [...]

Supreme Court Says Ancient Korean Buddhist Statue Stolen from Japan Should Be Returned

Supreme Court Says Ancient Korean Buddhist Statue Stolen from Japan Should Be Returned

SEOUL, Oct. 26 (Korea Bizwire) — The Surpeme Court ruled Thursday that a 14th-century Korean Buddhist statue, which had been taken to Japan but was brought back to Korea by thieves in 2012, should be returned to Japan, upholding a lower court’s decision. The decision centers on a 50.5-centimeter-tall Buddhist statue from the Goryeo Dynasty [...]