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Archive by category Policy and Regulation

Ambitious ‘Green Island Project’ Aims to Transform Ulleungdo into Sustainable Eco-Paradise

Ambitious ‘Green Island Project’ Aims to Transform Ulleungdo into Sustainable Eco-Paradise

ANDONG, Mar. 26 (Korea Bizwire) – In a bid to create a sustainable and thriving future for Ulleungdo, a picturesque island off the east coast of South Korea, the North Gyeongsang provincial government and Ulleung County have launched an ambitious “Green Island Project” in partnership with universities, companies, and research institutes.  On March 25, 11 entities [...]

South Korean Government Launches ‘Kiosk UI Platform’ to Improve Accessibility for Elderly and Disabled Users

South Korean Government Launches ‘Kiosk UI Platform’ to Improve Accessibility for Elderly and Disabled Users

SEOUL, Mar. 25 (Korea Bizwire) –The Ministry of Science and ICT (MSIT) has announced the launch of the ‘Kiosk UI Platform’ starting March 26, aimed at simplifying the development of accessible kiosks that ensure information access for the elderly and disabled communities. To create user-friendly kiosks for all citizens, the MSIT has established UI design [...]

South Korea Seeks Strategies to Enhance Fruit Industry Competitiveness, Addressing Inflation Challenges

South Korea Seeks Strategies to Enhance Fruit Industry Competitiveness, Addressing Inflation Challenges

SEOUL, March 25 (Korea Bizwire) – Finance Minister Choi Sang-mok said Monday that the government will devise measures to boost the competitiveness of the farming industry and revamp its logistics structure as surging prices of fruits and fresh food items have pushed up inflation. Choi announced the plan during a visit to a major discount [...]

Regulator Initiates Comprehensive E-Commerce Market Study for In-Depth Analysis

Regulator Initiates Comprehensive E-Commerce Market Study for In-Depth Analysis

SEOUL, March 25 (Korea Bizwire) – The antitrust regulator said Monday it will launch a study into the e-commerce sector to analyze the market structure and check competition issues as part of efforts to ensure fair business practices amid a growing number of online shopping consumers. Four-week preliminary market research will begin Tuesday to collect [...]

South Korea Grapples With Mounting Costs of Disposable Wet Wipe Waste

South Korea Grapples With Mounting Costs of Disposable Wet Wipe Waste

SEOUL, Mar. 25 (Korea Bizwire) – The ubiquitous use of disposable wet wipes across South Korean households and businesses is incurring an environmental toll that has raised alarms, with a recent government study estimating that the annual cost of managing the resulting waste has reached a staggering 1.78 trillion won. The findings, contained in a report [...]

South Korea’s Gyeonggi Province Plans ‘Sports Points’ Program to Promote Fitness

South Korea’s Gyeonggi Province Plans ‘Sports Points’ Program to Promote Fitness

SUWON, Mar. 25 (Korea Bizwire) – In an effort to improve physical fitness and promote a more active lifestyle among its residents, Gyeonggi Province in South Korea is set to introduce a pioneering “sports points” program next year, after completing a policy research study on the initiative this month. The proposed program, dubbed the “Gyeonggi Sports [...]

South Korea to Disclose Financial Benefits Received by Doctors and Pharmacists

South Korea to Disclose Financial Benefits Received by Doctors and Pharmacists

SEOUL, Mar. 22 (Korea Bizwire) – Starting this year, South Korea will implement measures to enhance transparency in the relationship between healthcare professionals and pharmaceutical and medical device companies. The Ministry of Health and Welfare has announced guidelines for compiling reports detailing the economic benefits provided to doctors and pharmacists.  In 2021, amendments were made to [...]

Additional Military Surgeons, Public Health Doctors to Be Deployed: PM

Additional Military Surgeons, Public Health Doctors to Be Deployed: PM

SEOUL, Mar. 22 (Korea Bizwire) — Prime Minister Han Duck-soo said Friday that the government will deploy additional military surgeons and public health doctors to help cope with the prolonged walkout by junior doctors. Over 90 percent of the country’s 13,000 junior doctors have been on mass resignations for more than a month, protesting against [...]

Doctors in South Korea Eye Exits Amid Expansion of Medical School Quotas

Doctors in South Korea Eye Exits Amid Expansion of Medical School Quotas

SEOUL, Mar. 22 (Korea Bizwire) – As the South Korean government finalizes plans to increase enrollment at medical schools by 2,000 students, a leading voice in the medical community has sounded the alarm about a potential exodus of aspiring doctors disillusioned with the changes. “Many residents are preparing for medical licensing exams in the United States [...]

Surge in Early Retirement Pension Claims in South Korea

Surge in Early Retirement Pension Claims in South Korea

SEOUL, Mar. 21 (Korea Bizwire) – The number of South Koreans opting to receive their national pension benefits before the official retirement age, despite incurring a financial penalty, has reached nearly one million, reflecting the economic struggles faced by many retirees.  According to data from the National Pension Service released on March 20, the total number [...]