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Archive by category Policies and Regulation

Gyeonggi Province Implements Permit System for Dangerous Dog Breeds

Gyeonggi Province Implements Permit System for Dangerous Dog Breeds

UIJONGBU, Apr. 2 (Korea Bizwire) – Starting April 27, residents of Gyeonggi Province in South Korea will be required to obtain a permit from the provincial governor to keep certain dog breeds designated as potentially dangerous, according to an announcement made on April 1 by local authorities.  The new permit system for “dangerous dogs” stems from [...]

Gov’t Open to Talks if Doctors Come Up with Reasonable Solution over Medical Reform

Gov’t Open to Talks if Doctors Come Up with Reasonable Solution over Medical Reform

SEOUL, Apr. 2 (Korea Bizwire) — The government remains open to talks with doctors if they come up with a unified and reasonable solution to resolve an impasse over a reform to hike the number of medical students, a senior official said Tuesday. The comments by Deputy Health Minister Jun Byung-wang followed remarks a day [...]

Foreigners Must Stay in S. Korea for 6 Months to Be Eligible for State Health Insurance as Dependents

Foreigners Must Stay in S. Korea for 6 Months to Be Eligible for State Health Insurance as Dependents

SEOUL, Apr. 2 (Korea Bizwire) — Foreigners and overseas Koreans can only become eligible for the state health insurance coverage as dependents if they reside in South Korea for at least six months, according to the health ministry Tuesday. The tightened rule, which goes into effect Wednesday, comes as some foreigners have reportedly exploited the [...]

USTR Takes Issue Again with S. Korean Bills on Network Usage Fees

USTR Takes Issue Again with S. Korean Bills on Network Usage Fees

WASHINGTON, Apr. 1 (Korea Bizwire) – The Office of the U.S. Trade Representative (USTR) has taken issue again with South Korean bills calling on foreign online content providers to pay network usage fees in a recent report, saying they could be “anticompetitive.” On Friday, the office issued the 2024 National Trade Estimate Report on Foreign [...]

South Korea Introduces Labeling System to Promote Recycled Plastic Use

South Korea Introduces Labeling System to Promote Recycled Plastic Use

SEOUL, Apr. 1 (Korea Bizwire) – Consumers in South Korea will soon have an easier time identifying plastic products made with a significant amount of recycled materials, allowing them to make more environmentally conscious purchasing decisions.  The Ministry of Environment announced on March 28 that the “Labeling System for the Use of Recycled Plastic Materials” would [...]

Health Minister Vows to Accomplish Medical Reform

Health Minister Vows to Accomplish Medical Reform

SEOUL, Apr. 1 (Korea Bizwire) — Health Minister Cho Kyoo-hong said Monday the government will accomplish medical reform, despite a prolonged walkout by junior doctors that have crippled public health services at major hospitals for nearly six weeks. “The government will accomplish medical reform by only looking at the people,” Cho told a government response [...]

Financial Regulator Urges Continued Efforts to Reform Banks

Financial Regulator Urges Continued Efforts to Reform Banks

SEOUL, Apr. 1 (Korea Bizwire) — The head of South Korea’s financial regulator on Monday urged local banks to continue improving their business practices, saying the government will continue to push for policies that encourage “change and innovation” through competition. Kim Joo-hyun, chairman of the Financial Services Commission (FSC), made the remark in a meeting [...]

Electric Vehicles to Sport Energy Efficiency Labels as South Korea Rolls Out 5-Tier Grading System

Electric Vehicles to Sport Energy Efficiency Labels as South Korea Rolls Out 5-Tier Grading System

SEJONG, Apr. 1 (Korea Bizwire) – Beginning on April 1, all electric vehicles sold in South Korea will be required to display color-coded labels indicating their energy efficiency rating on a scale of 1 to 5, with 1 being the most efficient. The new five-tier rating system, introduced by the Ministry of Trade, Industry and Energy, [...]

More Priority for Siblings in Busan High School Admissions

More Priority for Siblings in Busan High School Admissions

SEOUL, Mar. 28 (Korea Bizwire) – Starting next year, students in Busan with three or more siblings will receive priority in admission to their preferred general high schools, the Busan Metropolitan Office of Education announced on March 27.  In a meeting of the Committee for High School Admissions for the 2025 academic year, held on March [...]

When Are You No Longer a ‘Youth’? It Depends Where You Live in South Korea

When Are You No Longer a ‘Youth’? It Depends Where You Live in South Korea

JEONJU, Mar. 27 (Korea Bizwire) – Ask Im Chung-sik, a 48-year-old resident of Jeonju, if he considers himself a “youth,” and his answer typifies the blurred boundaries around the definition.  “Does that even matter at my age?” replied Im, who is approaching the “ji-cheon-myeong” – the traditional age at 49 when one is said to gain [...]