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Archive by category Policies and Regulation

Electric Kickboards Permitted on Bicycle Paths

Electric Kickboards Permitted on Bicycle Paths

SEOUL, Jul. 11 (Korea Bizwire) — Electric kickboards will now be legally allowed on bicycle paths. Although limited to certain areas and under strict regulations, electric kickboards are being legalized on bicycle paths for the very first time. The Ministry of Trade, Industry and Energy decided on Wednesday to make a special exemption to allow [...]

Seoul Eyes Price Ceiling on Privately Built New Apartments to Curb Housing Prices

Seoul Eyes Price Ceiling on Privately Built New Apartments to Curb Housing Prices

SEOUL, Jul. 10 (Korea Bizwire) – In what could be the strongest measure ever to clamp down on housing prices, South Korea is cautiously moving to revive the controversial scheme to cap presale prices of privately built apartments, which could have a far-reaching impact on the local home market, industry sources said Wednesday. In a [...]

Education Ministry Encourages Teachers to Open YouTube Accounts

Education Ministry Encourages Teachers to Open YouTube Accounts

SEJONG, Jul. 10 (Korea Bizwire) — The Ministry of Education has decided to encourage teachers to have a second career as YouTubers. However, the government will require teachers to get authorization when their YouTube channel creates revenue with advertising. Furthermore, all channels that defame or damage the dignity or image of a teacher will be [...]

Incheon Airport to Test AI-based Identification at Security Checkpoints

Incheon Airport to Test AI-based Identification at Security Checkpoints

SEOUL, Jul. 9 (Korea Bizwire) — Incheon International Airport will begin test-running an artificial intelligence (AI)-based X-ray identification system in September to strengthen counterterrorism efforts. The government finalized the initiative along with a new counterterrorism action plan for the next six months on Monday at Central Government Complex in Seoul. The government, on top of the new [...]

Gov’t to Install Fire Detectors with Location Sharing at all Underground Malls

Gov’t to Install Fire Detectors with Location Sharing at all Underground Malls

SEOUL, Jul. 9 (Korea Bizwire) — The government plans to install fire detectors with capabilities to send out location data at all underground malls. It will also implement stricter fire policy for underground malls based on the threats that the malls are most exposed to. The Ministry of the Interior and Safety discussed various measures [...]

Education Authorities Cancel Licenses for 8 Elite High Schools in Seoul

Education Authorities Cancel Licenses for 8 Elite High Schools in Seoul

SEOUL, Jul. 9 (Korea Bizwire) — The Seoul education office decided Tuesday to cancel licenses for eight out of 13 “autonomous private high schools” in Seoul, as the education authorities and the government push for scrapping the privileged category of schools and bringing equality to public education. The cancellation came after the eight high schools [...]

Foreigners Defaulting on State Health Insurance Fees Required to Cover full Medical Cost

Foreigners Defaulting on State Health Insurance Fees Required to Cover full Medical Cost

SEOUL, Jul. 9 (Korea Bizwire) — Foreign residents in South Korea who default on state health insurance fees will be required to personally pay for all medical costs, the health ministry said Tuesday. Under changes made to the National Health Insurance Act that will go into effect on July 16, foreign nationals who reside in [...]