SEOUL, Dec. 20 (Korea Bizwire) – The Seoul Metropolitan Government announced on December 19 that it has applied universal design principles to improve accessibility and safety in public spaces, including pedestrian underpasses, hiking trails, and public restrooms in traditional markets. Universal design ensures spaces are safe and convenient for everyone, regardless of age, gender, ability, [...]
SEOUL, Dec. 20 (Korea Bizwire) – South Korea has reformed what was deemed an “absurd regulation” that applied different postpartum care support standards to maternal grandmothers and paternal grandmothers-in-law, the Office for Government Policy Coordination announced on December 19. The issue emerged as the top concern in the government’s “Absurd Regulations Public Contest” and was discussed [...]
SEOUL, Dec. 19 (Korea Bizwire) – South Koreans will soon be able to benefit from a new service that analyzes their usage patterns to recommend optimal smartphone plans, according to an announcement by the Ministry of Science and ICT on December 18. The initiative was approved along with four other regulatory exemptions during the 38th New [...]
SEOUL, Dec. 18 (Korea Bizwire) — South Korea’s industry ministry on Wednesday unveiled a blueprint for government investment in energy research and development projects to maintain a stable power supply using carbon-free sources. The energy technology development plan, effective through 2033, is expected to generate an economic effect of 59 trillion won (US$41 billion), according [...]
SEOUL, Dec. 18 (Korea Bizwire) — South Korea’s industry ministry said Wednesday the country plans to implement eased regulations for hydrogen charging stations next year in line with efforts to support the sector’s ecosystem. The set of new rules is reflected in the revised high-pressure gas safety control act, which will be implemented in May, [...]
SEOUL, Dec. 18 (Korea Bizwire) — The government on Wednesday unveiled a series of measures to stimulate corporate investment in key industries, aiming to address concerns that recent political turmoil could have long-term negative effects on the economy. The plan was introduced during a meeting chaired by Finance Minister Choi Sang-mok and attended by other economy-related ministers, [...]
SEOUL, Dec. 18 (Korea Bizwire) – South Korea’s Fair Trade Commission (FTC) has announced a comprehensive update to its advertising and labeling regulations, incorporating 32 new provisions from 29 recently enacted or amended laws. The updated guidelines include several consumer-focused requirements, such as mandatory disclosure of probability rates for in-game items, new regulations for patent attorney [...]
SEOUL, Dec. 18 (Korea Bizwire) – South Korea’s antitrust watchdog has identified multiple structural factors that could restrict fair competition and harm consumer interests in the country’s generative artificial intelligence market, according to a policy report released on December 17. The Korea Fair Trade Commission (KFTC) announced plans to closely monitor the market and begin reviewing [...]
SEOUL, Dec. 17 (Korea Bizwire) — Acting President Han Duck-soo said Tuesday the government will work to implement the 2025 budget on the first day of next year to help stabilize the economy amid rising uncertainties at home and abroad. Han called for the swift allocation of the budget during the first Cabinet meeting since [...]
SEOUL, Dec. 16 (Korea Bizwire) – South Korea’s Ministry of Unification announced on December 16 a shift in its approach to anti-North Korea leaflet campaigns, emphasizing the need to prioritize national security and the safety of its citizens. The ministry requested that private organizations exercise restraint in distributing propaganda leaflets, signaling a departure from its previous [...]