SEOUL, Apr. 8 (Korea Bizwire) — South Korea’s antitrust regulator has launched an inspection into China’s Temu shopping app on suspicions of the retail platform’s false advertising and other unfair business practices, officials said Monday. The Fair Trade Commission (FTC) recently sent documents to Temu for a probe to see if it violates South Korea’s [...]
SEOUL, Apr. 5 (Korea Bizwire) — Medical professors plan to file a constitutional appeal over the government’s decision to raise medical school admissions, claiming the increase violates their basic rights, officials said Friday. The Medical Professors Association of Korea is scheduled to file the petition with the Constitutional Court before the April 10 general elections [...]
SEOUL, Apr. 5 (Korea Bizwire) — The government is determined to accomplish medical reform, a senior official said Friday, although a prolonged walkout by trainee doctors has disrupted public health services at major hospitals for more than six weeks. Second Vice Health Minister Park Min-soo made the remarks at a government response meeting, a day [...]
SEOUL, Apr. 5 (Korea Bizwire) – The Seoul Metropolitan Office of Education announced on Tuesday that it will provide free breakfast to students participating in its “Running Again in the Morning Season 2.0″ exercise program. Launched in October last year, the morning exercise initiative aims to aid students’ physical and mental recovery in the post-COVID era. [...]
SEOUL, Apr. 4 (Korea Bizwire) — President Yoon Suk Yeol said Thursday the government will ease the loans criteria for young families as part of efforts to boost the country’s dismally low birthrate. Under the plan, the government will raise the threshold for home purchase and rental loans for a newly married couple with a [...]
WASHINGTON, Apr. 3 (Korea Bizwire) — South Korea’s data protection watchdog is looking into how Chinese e-commerce firms, such as AliExpress and Temu, have been collecting and using consumer data, its chief said Wednesday, amid lingering concerns over their protection of personal information. Ko Hak-soo, the chairperson of the Personal Information Protection Commission, made the [...]
SEOUL, Apr. 4 (Korea Bizwire) — South Korea will funnel 710.2 billion won (US$526.9 million) into the government’s projects to integrate artificial intelligence (AI) into everyday life, the science ministry said Thursday. The AI Strategy High-Level Consultative Council, a government-civilian panel for shaping AI policies, convened its inaugural meeting and approved the investment plan to [...]
SEOUL, Apr. 3 (Korea Bizwire) – In a recent decision that has sparked debate among conservationists and animal welfare advocates, a request to establish feeding stations for stray cats at Eulsukdo, a vital habitat for migratory birds along the Nakdong River estuary, has been denied. The Cultural Heritage Administration’s Natural Monuments division, after a thorough review, [...]
ANDONG, Apr. 3 (Korea Bizwire) – In a bid to tackle dwindling birth rates, the government of North Gyeongsang Province announced on April 2 that it will implement a “matchmaking package program” aimed at bringing together singles. The initiative will provide opportunities for unmarried men and women to meet through hobby clubs catering to interests like [...]
SEOUL, Apr. 3 (Korea Bizwire) — The government plans to draw up its largest-ever budget for research and development (R&D) projects next year, the presidential office said Wednesday. Park Sang-ook, senior presidential secretary for science and technology, said the government is working to overhaul the way it supports R&D projects while “sharply increasing” the relevant [...]