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Expanded Support in 2024 for Multicultural and North Korean Defector Students Through Mentoring Program

Expanded Support in 2024 for Multicultural and North Korean Defector Students Through Mentoring Program

SEJONG, Feb. 7 (Korea Bizwire) – The Ministry of Education and the Korea Student Aid Foundation have announced plans to expand the “2024 Multicultural and North Korean Defector Student Mentoring Program.” This initiative pairs college and graduate students with multicultural and North Korean defector students to assist with Korean language education and adaptation to school life [...]

Amid Rapid Aging and Regional Disparity, South Korea Takes Initial Step to Bolster Doctor Numbers in Decades

Amid Rapid Aging and Regional Disparity, South Korea Takes Initial Step to Bolster Doctor Numbers in Decades

SEOUL, Feb. 6 (Korea Bizwire) – The government’s first medical school enrollment quota increase in decades came out of a dire necessity to secure more doctors for ensuring basic medical services amid rapid aging and growing regional disparities, though South Korea has a long way to go before achieving the goals facing fierce opposition from [...]

Consumers Applaud Expansion of Medical School Seats for Enhanced Access to Services; Skepticism Lingers Among Others

Consumers Applaud Expansion of Medical School Seats for Enhanced Access to Services; Skepticism Lingers Among Others

SEOUL, Feb. 6 (Korea Bizwire) – Many health service consumers welcomed Tuesday’s government decision to drastically increase the medical school enrollment quota, saying it will improve access to doctors, but others voiced skepticism that it could erode the quality of medical services. The Ministry of Health and Welfare said the entrance quota for medical schools [...]

Companies Required to Publicly Disclose Details of Key Decisions over Merger Deals

Companies Required to Publicly Disclose Details of Key Decisions over Merger Deals

SEOUL, Feb. 6 (Korea Bizwire) — The financial regulator said Tuesday it will require companies to publicly disclose details of key decisions when they push for merger deals, in an effort to better protect investors. The move was announced one day after a Seoul court cleared Samsung Electronics Co. Chairman Lee Jae-yong of any wrongdoing [...]

Government Considers Potential Increase in Health Insurance Premiums to Ensure Long-Term Sustainability

Government Considers Potential Increase in Health Insurance Premiums to Ensure Long-Term Sustainability

SEOUL, Feb. 4 (Korea Bizwire) – South Korea will begin discussions on raising state health insurance premiums in order to make the program sustainable amid the low birth rate and aging population, the health ministry said Sunday. The government has outlined the second comprehensive state health insurance program for the 2024-2028 period, with the aim [...]

Controversy Arises Over Proposed Law Exempting Doctors from Criminal Prosecution for Medical Accidents

Controversy Arises Over Proposed Law Exempting Doctors from Criminal Prosecution for Medical Accidents

SEOUL, Feb. 2 (Korea Bizwire) – The government’s move to push for a special law that would exempt doctors from criminal prosecution in the event of medical accidents has sparked controversy among patients and civic groups, raising concerns about privilege. On February 1, the government unveiled a new medical policy package that includes a proposal to [...]

Smart CCTV Integration Platform Launched in Busan, Gangwon, and Daejeon to Improve Emergency Response Efficiency

Smart CCTV Integration Platform Launched in Busan, Gangwon, and Daejeon to Improve Emergency Response Efficiency

SEOUL, Feb. 2 (Korea Bizwire) – The National Fire Agency has announced the official launch of the “Smart CCTV Integration Platform” in three areas— the cities of Busan and Daejeon as well as Gangwon Province—starting this month.  The platform integrates CCTV footage from local governments and related organizations with the 119 emergency control center’s system, allowing [...]

Government Unveils National Cybersecurity Strategy with Renewed Emphasis on North Korea

Government Unveils National Cybersecurity Strategy with Renewed Emphasis on North Korea

SEOUL, Feb. 1 (Korea Bizwire) – The government on Thursday unveiled a National Cybersecurity Strategy calling for strengthening the country’s offensive cyber defense operations and building cooperation mechanisms with the international community while keeping a focus on North Korea’s cyberthreats. The 35-page strategy was drawn up jointly by the presidential Office of National Security, the [...]