SEOUL, Nov. 17 (Korea Bizwire) – Culture Minister Chae Hwi-young has said the government will deploy every measure permitted under law to block plans for ultra-high-rise buildings facing Jongmyo Shrine, a UNESCO World Heritage site in central Seoul. The project has drawn controversy because Jongmyo, a 14th-century royal ancestral shrine from the Joseon Dynasty (1392-1910), [...]
SEOUL, Nov. 16 (Korea Bizwire) – Applications for vouchers provided to pregnant women increased 8.1 percent from a year earlier in the first nine months of this year, data showed Sunday, in a possible sign of a continued rebound in the number of newborns in a country facing one of the world’s lowest birth rates. [...]
SEOUL, Nov. 14 (Korea Bizwire) — South Korea and the United States have agreed to accelerate long-stalled efforts to transfer wartime operational control (OPCON) to Seoul, a move that aligns with President Lee Jae-myung’s pledge to complete the transition before the end of his term in 2030. The commitment was included in a joint fact sheet [...]
WASHINGTON, Nov. 13 (Korea Bizwire) – The United States has formally endorsed South Korea’s long-standing ambition to build nuclear-powered submarines and expressed support for Seoul’s push to acquire civil uranium enrichment and spent-fuel reprocessing capabilities, according to a joint fact sheet released Thursday. The document, issued by the White House, summarizes the outcomes of two [...]
SEOUL, Nov. 14 (Korea Bizwire) — South Korea’s National Pension Service (NPS) plans a sweeping overhaul of its emergency loan program for seniors, known as the Silver Loan, aiming to improve convenience and ensure that aid reaches those most in need. According to a briefing the NPS submitted to the National Assembly’s audit at the [...]
SEOUL, Nov. 14 (Korea Bizwire) — South Korea’s Disease Control and Prevention Agency (KDCA) on Friday unveiled a new six-point set of diabetes prevention guidelines, urging the public to adopt healthier daily habits as the country observes World Diabetes Day. Diabetes — caused by insufficient insulin production or impaired insulin function — remains one of the [...]
SEOUL, Nov. 14 (Korea Bizwire) — South Korea will begin publicly disclosing detailed lists of harmful substances contained in tobacco products starting next year, as part of its expanded efforts to strengthen public health protections. The Ministry of Health and Welfare and the Ministry of Food and Drug Safety said Thursday that the decision was approved [...]
SEOUL, Nov. 13 (Korea Bizwire) — South Korea’s Ministry of Science and ICT said Wednesday it will begin a public review of the enforcement decree for the nation’s landmark Artificial Intelligence Basic Act, set to take effect on January 22, 2026. The draft legislation, open for comment until December 22, outlines the country’s first comprehensive regulatory [...]
SEOUL, Nov. 12 (Korea Bizwire) — A majority of South Korea’s publicly listed companies that hold treasury shares oppose a proposed amendment to the Commercial Act that would make share cancellations mandatory, according to a survey released Wednesday by the Korea Chamber of Commerce and Industry (KCCI). The proposal, now under discussion at the National Assembly, [...]
SEOUL, Nov. 12 (Korea Bizwire) — South Korea is preparing to roll out a sweeping plan this year to boost exports of its consumer goods, riding a wave of global enthusiasm for Korean food, beauty, and fashion, the Ministry of Trade, Industry and Resources said Wednesday. Trade Minister Yeo Han-koo outlined the strategy in a meeting [...]