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Archive by category Policy and Regulation

Twin Birth Rate Climbs to Global High, Raising Calls for Policy Shift

Twin Birth Rate Climbs to Global High, Raising Calls for Policy Shift

SEOUL, Dec. 18 (Korea Bizwire) — South Korea’s twin and multiple-birth rates have surged to among the highest in the world, prompting experts to warn that the trend carries heightened medical risks for mothers and infants and requires a shift in government policy. According to a new report released Thursday by Bae Hye-won, a senior researcher [...]

From Palaces to Pop Culture: Korea Maps Out a ₩100 Trillion Heritage Future

From Palaces to Pop Culture: Korea Maps Out a ₩100 Trillion Heritage Future

SEOUL, Dec. 18 (Korea Bizwire) — South Korea plans to expand its national heritage–based industries into a ₩100 trillion ($75 billion) market over the next five years, positioning cultural legacy as a core driver of the country’s global soft power, the Korea Heritage Service (KHS) said Wednesday in its 2026 policy blueprint. The initiative comes amid [...]

Cafés to Charge for Plastic Cups Under Korea’s New Anti-Plastic Strategy

Cafés to Charge for Plastic Cups Under Korea’s New Anti-Plastic Strategy

SEOUL, Dec. 18 (Korea Bizwire) — South Korea plans to ban the free distribution of disposable plastic cups and phase out large paper cups at major cafés as part of a sweeping anti-plastic initiative set to be unveiled next week. The Climate and Environment Ministry said on Wednesday that its forthcoming “Comprehensive Anti-Plastic Strategy,” to be [...]

Foreign Workers in Korea to Gain Online System for Mandatory Job Reporting

Foreign Workers in Korea to Gain Online System for Mandatory Job Reporting

SEOUL, Dec. 16 (Korea Bizwire) —  Starting January 2, South Korea will allow foreign residents to file mandatory employment information online, easing a long-standing administrative burden, the Ministry of Justice said Tuesday. Foreign nationals engaged in profit-making work are legally required to report their occupation and income, and to file updates within 15 days of [...]

Seoul Accelerates Mars Exploration Roadmap with Potential SpaceX Partnership

Seoul Accelerates Mars Exploration Roadmap with Potential SpaceX Partnership

SEOUL, Dec. 16 (Korea Bizwire) — South Korea’s national space agency said Tuesday it is exploring the use of SpaceX’s next-generation Starship rocket to launch the country’s first Mars payload as early as 2030, part of a broader strategy to accelerate its participation in international deep-space exploration. At a briefing in Seoul, the Korea Aerospace Administration [...]

Korea Plans 50,000-Seat Dome to Ease K-Pop Concert Shortage, Minister Says

Korea Plans 50,000-Seat Dome to Ease K-Pop Concert Shortage, Minister Says

SEOUL, Dec. 16 (Korea Bizwire) — Culture Minister Chae Hwi-young said Tuesday the government will introduce comprehensive policies to improve the concert environment in order to further promote K-pop. Chae made the remarks during a policy briefing to President Lee Jae Myung. The government aims to build a new dome stadium with a capacity of [...]

Korea Looks to Heat Pumps to Cut Carbon Emissions by 5 Million Tons

Korea Looks to Heat Pumps to Cut Carbon Emissions by 5 Million Tons

SEOUL, Dec. 16 (Korea Bizwire) — The government aims to distribute 3.5 million eco-friendly heating, ventilation and air conditioning (HVAC) systems in the country by 2035 as part of efforts to tackle climate change, officials said Tuesday. With the distribution of the systems, also known as heat pumps, the government expects to cut greenhouse gas [...]

Korea Targets Global Supply-Chain Control With 4.5 Trillion-Won Logistics Push

Korea Targets Global Supply-Chain Control With 4.5 Trillion-Won Logistics Push

SEOUL, Dec. 16 (Korea Bizwire) — South Korea said Tuesday it will invest at least 4.5 trillion won (US$3.06 billion) to secure overseas logistics hubs as part of an effort to shore up exporters’ supply chains and reduce reliance on foreign-owned facilities. The Ministry of Oceans and Fisheries laid out the plan during a ministerial [...]

Korea, U.K. Revamp FTA to Boost Auto, Beauty and Food Exports

Korea, U.K. Revamp FTA to Boost Auto, Beauty and Food Exports

SEOUL, Dec. 16 (Korea Bizwire) — South Korea and the United Kingdom signed an upgraded free trade agreement aimed at easing rules of origin for Korean exporters and expanding access to Britain’s high-speed rail and digital services markets, Seoul’s trade ministry said Tuesday. The deal, signed in London by Korean Trade Minister Yeo Han-koo and [...]