SEOUL, Jun. 23 (Korea Bizwire) — South Korean lawmakers have proposed a bill to require TV networks to dedicate more airtime to programs representing disabled members of society. Criticism over the lack of representation of the disabled on South Korean TV has prompted a number of politicians including Kang Hyo-sang, a member of the Liberty [...]
SEOUL, Jun. 23 (Korea Bizwire) — President Moon Jae-in’s policy advisory committee announced Thursday that it will encourage local mobile operators to expand the discount rate of mobile phone fees and offer an additional benefit to low-income customers, as part of efforts to reduce the cost burden for mobile phone users. During the presidential campaign, [...]
SEOUL, Jun. 23 (Korea Bizwire) — Starting next week, anyone, including foreign tourists, will be able to drive or walk near South Korea’s presidential office Cheong Wa Dae at all hours, the office announced Thursday. Currently, the only road leading to Cheong Wa Dae is closed off to public access from 8 p.m. to 5:30 [...]
SEOUL, Jun. 22 (Korea Bizwire) — In response to a rash of deaths among individuals living alone, which in some cases go unreported for as long as weeks, the Seoul Metropolitan Government is adopting smart sensors in a bid to tackle the worrisome trend. The smart sensors, courtesy of major South Korean telecom provider KT, [...]
SEOUL, June 21 (Korea Bizwire) – A scandal surrounding the alleged special treatment of children of conglomerate CEOs and celebrities in a case of school violence has sparked a public outcry, with some going one step further and treating the controversy as a sign of social inequality in the country. According to the Seoul Metropolitan [...]
SEJONG, Jun. 21 (Korea Bizwire) — Nearly half of South Korean workers pay no income tax, a report said Tuesday, amid heated debates on a tax hike to secure funds for President Moon Jae-in’s job creation pledges. Some 46.5 percent of 17 million wage earners in the country were exempted from paying income tax in [...]
SEOUL, Jun. 21 (Korea Bizwire) — South Korea’s presidential policy advisory panel said Tuesday that within the next five years it will abolish the country’s antitrust watchdog’s exclusive rights to file a complaint with the state prosecution for any fair trade violations. “We will remove the Fair Trade Commission (FTC) of its exclusive authority to [...]
SEOUL, Jun. 20 (Korea Bizwire) — Despite many chicken franchises lowering prices amid pressure from the government, international fried chicken giant KFC is bucking the trend and has so far maintained the cost of its menu items. With the recent establishment the Fair Trade Commission headed by newly appointed former professor of trade Kim Sang-Jo, [...]
SEOUL, Jun. 20 (Korea Bizwire) — The ICT ministry said Monday it is pushing to expand the discount rate of household communication fees, such as mobile phone rates, as the expenditures on telecommunication services are viewed as a burden for many South Korean consumers. The plan by the Ministry of Science, ICT and Future Planning [...]
SEOUL, Jun. 15 (Korea Bizwire) — The number of national pension fund subscribers will begin falling in 2019 after peaking next year due to the declining economically active population, a report said Wednesday. The figure is expected to rise to 21.89 million this year and 21.93 million in 2018 from 21.83 million in 2016 before [...]