SEOUL, May 9 (Korea Bizwire) — The Seoul Facilities Corporation announced Friday that it will open a new AI-powered “Smart Shelter” in the Jonggak underground shopping center this November, transforming long-vacant retail spaces into a tech-driven experience zone blending shopping innovation and public rest areas. Spanning approximately 76 square meters (23 pyeong), the Smart Shelter will [...]
MILAN, May 8 (Korea Bizwire) — South Korea is preparing to roll out a new cross-border payment system that will allow travelers to make purchases abroad by simply scanning a QR code with a mobile app — no credit or debit card required. A companion feature will also enable cash withdrawals from overseas ATMs, aimed [...]
SEOUL, May 8 (Korea Bizwire) — As concerns mount over the long-term sustainability of South Korea’s national health insurance system, the government has introduced a new AI-powered model designed to more precisely detect medical institutions suspected of overcharging patients. The Health Insurance Review and Assessment Service (HIRA) announced Thursday that it has developed an advanced [...]
SEOUL, May 8 (Korea Bizwire) — Democratic Party presidential candidate Lee Jae-myung on Thursday stepped up a push to promote his pro-business and economic policies ahead of the June 3 election, capitalizing on eased legal risks following the postponement of his retrial over election law violations. Lee attended a meeting with the heads of South [...]
SEOUL, May 8 (Korea Bizwire) — South Korea’s Ministry of Health and Welfare announced plans on Thursdsay to introduce policies supporting childbirth outside of marriage, signaling a potential shift in a country where traditional family structures have long dominated social norms. First Vice Health Minister Lee Ki-il stated during a radio interview on Parents’ Day that [...]
BUSAN, May 8 (Korea Biziwre) — Starting this year, residents of Busan who wish to own certain aggressive dog breeds such as pit bulls and Rottweilers must not only obtain a local government permit but also pass a formal temperament assessment, the city announced Wednesday. The move follows the implementation of South Korea’s revised Animal Protection [...]
SEOUL, May 8 (Korea Bizwire) — With dementia-related missing person cases on the rise amid South Korea’s rapidly aging population, police are ramping up efforts to promote a fingerprint pre-registration system aimed at swiftly reuniting patients with their families. The initiative, known as the Preemptive Fingerprint Registration Program, allows dementia patients to voluntarily register their fingerprints, [...]
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 [...]