JEONJU, Mar. 19 (Korea Bizwire) – Faced with a continuing population decline, the government of North Jeolla Province announced on March 18 that it would introduce a region-specific visa program aimed at attracting skilled foreign workers and ethnic Koreans living abroad. The new visa policy seeks to ease requirements for certain qualified foreigners and overseas Koreans, [...]
SEOUL, March 18 (Korea Bizwire) – South Korea’s antitrust regulator has launched an on-site inspection into over-the-top streaming platforms Netflix and Wavve on suspicions of their failure to properly notify users of terms of an early subscription cancellation, officials said Monday. The Fair Trade Commission (FTC) sent inspectors to their respective offices in Seoul and [...]
SEOUL, Mar. 18 (Korea Bizwire) — Police on Monday began providing English and Chinese interpretation services for the 112 emergency police number around the clock in order to help foreigners more speedily call for police help, officials said. Up until Monday, the interpretation services had been provided from 9 a.m. to 9 p.m. on weekdays [...]
SEOUL, Mar. 18 (Korea Bizwire) — South Korea and the Organization for Economic Cooperation and Development (OECD) opened a joint conference in Seoul on Monday to discuss ways to help Southeast Asian countries develop and transform their financial systems. The conference will be held for two days and discuss potential problems arising from the digitalization [...]
SEOUL, Mar. 18 (Korea Bizwire) — Finance Minister Choi Sang-mok on Monday called for extra effort by government officials to bring inflation under control amid weak private consumption, his office said. Choi made the call during a meeting with officials of the Ministry of Economy and Finance, where he also instructed them to come up [...]
SEOUL, Mar. 18 (Korea Bizwire) — South Korea began an annual project Monday to recover the remains of soldiers killed during the 1950-53 Korean War, the defense ministry said. The Agency for KIA Recovery and Identification said it will mobilize service members to excavate war remains in 36 former battle sites across the country until [...]
SEOUL, Mar. 18 (Korea Bizwire) — Health Minister Cho Kyoo-hong on Monday expressed grave concerns about a decision by medical professors to resign en masse in support of junior doctors’ walkout that has crippled medical services for nearly a month. About 90 percent of 13,000 interns and resident doctors have stayed off the job since [...]
SEOUL, Mar. 18 (Korea Bizwire) – South Korea is set to significantly expand a program that allows residents to safely dispose of expired or unwanted medication simply by dropping it into a mailbox, reducing environmental hazards from improper disposal. According to the Ministry of Environment, as many as 43 municipal governments across the country could adopt [...]
SEOUL, Mar. 17 (Korea Bizwire) –In an ambitious push to tackle South Korea’s alarmingly low birth rate, officials in Seoul announced on Sunday that they would provide transportation subsidies to all pregnant women living in the capital, regardless of how long they have been residents. The measure, eliminating a previous six-month residency requirement, is part [...]
SEOUL, March 16 (Korea Bizwire) – Major general hospitals have requested the government expand low-interest loans for them as the protracted walkout by trainee doctors has disrupted hospital operations, causing billions of won in deficits per day, sources said Friday. The walkout, which has continued for over three weeks, disrupted operations of major general hospitals [...]