SEOUL, Nov. 24 (Korea Bizwire) — The government said Monday it plans to launch an information and price comparison platform for agricultural products that is powered by artificial intelligence (AI) next year as part of its broader effort to adopt AI-based public services. At the inaugural meeting of a new government consultation group consisting of [...]
SEOUL, Nov. 24 (Korea Bizwire) — South Korea’s president, Lee Jae Myung, has taken the unusual step of sending personal letters of consolation to more than 300 Korean workers who were swept up in a weeklong immigration raid this fall at a Hyundai–LG joint battery plant in Georgia. The gesture, announced Monday, is at once [...]
SEOUL, Nov. 24 (Korea Bizwire) — South Koreans can now access detailed, government-verified statistics about specific diseases directly through Naver, the country’s dominant search engine, under a new public service launched Sunday. The National Health Insurance Service (NHIS) said it partnered with Naver to make health-care utilization data easily available to the public. When users search [...]
SEOUL, Nov. 24 (Korea Bizwire) — A long-running controversy over price-gouging at Seoul’s iconic Gwangjang Market has escalated into a legal battle, as brick-and-mortar shop owners move to sue street vendors for damages, arguing that repeated scandals have driven customers away and caused significant financial harm. According to interviews conducted by Yonhap News Agency, the Gwangjang [...]
SEOUL, Nov. 24 (Korea Bizwire) — South Korean authorities plan to expand a safety program for elderly drivers after new data showed more than 70 suspected pedal-misapplication incidents over a three-month period — all prevented by recently installed safety devices. According to the National Police Agency on Sunday, the Korea Transportation Safety Authority analyzed pedal-misoperation prevention [...]
SEOUL, Nov. 24 (Korea Bizwire) — Despite a global economic downturn and a 14 percent cut to next year’s official development assistance budget, South Korea has pledged US$100 million to the Global Fund to Fight AIDS, Tuberculosis and Malaria—matching its previous commitment and strengthening its standing in international health governance. The announcement was made Friday at [...]
SEOUL, Nov. 22 (Korea Bizwire) — South Korean police have ruled that actress Nana, formerly of the K-pop group After School, and her mother acted in legitimate self-defense when they overpowered an armed intruder who broke into their home in Guri, northeast of Seoul. The Guri Police Department said on Saturday that the suspect, a man [...]
SEOUL, Nov. 21 (Korea Bizwire) — KB Kookmin Bank, one of South Korea’s major lenders, has decided to suspend new household loans for home purchases for the rest of 2025 amid government efforts to cool an overheated property market and curb household lending, officials said Friday. New applications for mortgage loans for home purchases will [...]
SADO ISLAND, Japan/SEOUL, Nov. 21 (Korea Bizwire) – South Korea held a memorial ceremony in Japan on Friday to honor Koreans forced into labor at a gold and silver mine complex during World War II, the second year it has held its own event apart from Japan’s official ceremony. Seoul decided to not attend this [...]
SEOUL, Nov. 21 (Korea Bizwire) — South Korea has nearly quadrupled its investment in “bio big data” over the past five years, reflecting the government’s drive to strengthen the country’s competitiveness in next-generation drug development and digital healthcare. According to a new report by the National Center for Biotechnology Policy Research, government investment in the sector [...]