SEOUL, April 28 (Korea Bizwire) — SpaceX and OneWeb are on track to launch low-Earth orbit (LEO) satellite communication services in South Korea before the end of 2025, according to the Ministry of Science and ICT. The ministry announced on April 27 that administrative procedures for approving the companies’ domestic satellite services are in the final [...]
SEOUL, April 27 (Korea Bizwire) — For a man in his twenties, a single desperate loan marked the start of a brutal spiral. Borrowing 200,000 won with the promise to repay double just a week later, he soon found himself crushed by mounting debts. When relentless collectors showed up at his daughter’s kindergarten, he saw no [...]
SEOUL, April 25 (Korea Bizwire) — South Korea will “prudently” decide whether to join the Alaska liquefied natural gas (LNG) project after conducting an on-site field inspection of the project, Seoul’s industry minister said Friday. Industry Minister Ahn Duk-geun said the government will approach the matter “prudently” as it is tied to the country’s energy [...]
SEOUL, April 25 (Korea Bizwire) — South Korea will soon mandate that large foreign gaming companies designate local representatives as part of a broader effort to enhance consumer protection and enforce gaming regulations more effectively, the Ministry of Culture, Sports and Tourism announced on Thursday. The ministry plans to revise the enforcement decree of the Game [...]
SEOUL, April 24, (Korea Bizwire) —South Korea’s Ministry of Health and Welfare, together with the Korea Health Promotion Institute, unveiled the country’s first anti-smoking advertisement of 2025 on April 24, with a targeted campaign aimed at curbing electronic cigarette use among teenagers. The campaign, launched across YouTube, social media platforms, broadcast television, and in public [...]
ANYANG, South Korea, April 23 (Korea Bizwire) – In a proactive move to enhance public safety, the city of Anyang in Gyeonggi Province announced on April 23, 2025, that it will install AI-powered gender recognition CCTV systems at 28 additional women’s public restrooms this year. The initiative is part of a broader effort to deter [...]
SEOUL, April 23 (Korea Bizwire) — South Korea and the United Arab Emirates (UAE) have agreed to pursue joint nuclear power projects abroad as part of broader bilateral cooperation on nuclear energy, Seoul’s foreign ministry said Wednesday. The agreement was reached during a high-level consultation on nuclear cooperation between the two countries, held Tuesday in [...]
SEOUL, April 22 (Korea Bizwire) — Starting April 23, 2025, individuals with disabilities in South Korea will be allowed to enter nearly all public and private spaces with assistance dogs, following a newly revised enforcement ordinance and rule under the Disability Welfare Act (ACT ON WELFARE OF PERSONS WITH DISABILITIES). Announced by the Ministry of Health [...]
GANGNEUNG, South Korea, April 22 (Korea Bizwire) — In a bid to become a “disposable cup-free coffee city,” the coastal city of Gangneung announced on April 22, 2025, that it will implement a reusable cup deposit system, marking the first such initiative in an open, non-isolated area in South Korea. Under the new system, customers [...]
SEOUL, April 22, (Korea Bizwire) — South Korea’s per capita health insurance spending rose by 28% over the past decade, driven largely by higher treatment costs rather than more frequent medical visits, according to a report released Monday by the Korea Development Institute (KDI). The report, titled “Factors Behind Health Insurance Spending Growth and Policy [...]