WASHINGTON, May 7 (Korea Bizwire) — A U.S. congresswoman has reintroduced a bill calling on the U.S. government to step in if South Korea takes regulatory measures that might harm America’s digital businesses, Congress’ website showed Tuesday. On Monday, Rep. Carol Miller (R-WV) introduced the bill, titled “To authorize the appropriate administrative authorities to impose [...]
SEOUL, May 7 (Korea Bizwire) — South Korea and the United States have recently discussed the possibility of expanding their cooperation in the areas of naval shipbuilding and maintenance to military aircraft, the South’s defense ministry said Wednesday. The discussion took place when the allies held their Korea-U.S. Integrated Defense Dialogue (KIDD) in Washington last [...]
YEONGGWANG, May 7 (Korea Bizwire) — What once symbolized grace and quiet beauty is now becoming a source of frustration for many South Koreans. Sika deer, long admired for their gentle presence and iconic status in folklore and nature reserves, are increasingly at odds with residents across the southern regions of the country. From torn-up farmland [...]
SEOUL, May 7 (Korea Bizwire) — In a bid to bolster protections against stalking and gender-based violence, Seoul’s Seocho District announced Monday the full-scale rollout of its upgraded “Seoripul Safety Button” program, along with a complementary home security initiative. The “Seoripul Safety Button” is a keychain-style whistle embedded with an SOS emergency alert system. When activated [...]
SEOUL, May 5 (Korea Bizwire) — The Seoul Metropolitan Government is reviewing a proposal to lower the upper age limit for women eligible for its egg freezing subsidy program from 49 to 45, amid growing concerns over the program’s effectiveness in older age groups. The move follows a recommendation by the Seoul Metropolitan Audit Committee, which [...]
SEOUL, May 5 (Korea Bizwire) — A month after South Korea fully reinstated short selling across all listed stocks, expectations that foreign investors would return to the domestic market have yet to materialize, despite signs of market resilience and easing volatility. According to data from the Korea Exchange, total short-selling turnover on the KOSPI and KOSDAQ [...]
SEOUL, May 2 (Korea Bizwire) — A South Korean civilian-government delegation recently wrapped up a four-nation Latin America visit to promote defense exports, the state arms procurement agency said Friday, as Seoul seeks to diversify its overseas arms sales. The delegation, comprising officials from the Defense Acquisition Program Administration (DAPA), defense and foreign ministries, and [...]
SEOUL, May 2 (Korea Bizwire) — South Korea’s antitrust regulator said Friday it has decided to fine Meta Platforms Inc., the operator of Facebook and Instagram, on charges of violating the country’s law on consumer protection. Meta Platforms was slapped with a 6 million-won (US$4,176) fine and ordered to take necessary measures to align with [...]
SEOUL, May 2 (Korea Bizwire) — The South Korean government on Thursday announced a sweeping plan to manage the country’s growing number of vacant homes, aiming to turn more than 134,000 unused properties into assets that support regional revitalization and public safety. Unveiled during an economic policy meeting chaired by Deputy Prime Minister and Finance [...]
SEOUL, May 2 (Korea Bizwire) — In a bid to improve access to healthcare for foreign residents and multicultural families facing language barriers, the Seoul Metropolitan Government has launched the “2025 Seoul Medical Interpretation Support Corps” (MeSic), city officials announced Thursday. The initiative, which began this month, enlists a team of 43 qualified interpreters—comprising trained [...]