Policies and Regulation Archives | Page 58 of 470 | Be Korea-savvy

Archive by category Policies and Regulation

S. Korea to Begin Process to Pick Company to Lead Next-gen Space Vehicle Development Project

S. Korea to Begin Process to Pick Company to Lead Next-gen Space Vehicle Development Project

SEOUL, Nov. 30 (Korea Bizwire) – The South Korean government said Thursday it will begin a public tendering process to select a company to lead the country’s space project worth 2.01 trillion won (US$1.6 billion) to develop a next-generation space vehicle. Under the project, South Korea aims to develop a vehicle with enhanced transportation capacity [...]

Busan’s Failed Expo Bid Puts a Damper on Development Plans

Busan’s Failed Expo Bid Puts a Damper on Development Plans

BUSAN, Nov. 30 (Korea Bizwire) – In a disappointing turn of events for residents of Busan, the city’s bid to host the 2030 World Expo has fallen through, casting shadows over key infrastructure projects, particularly the early opening of the eagerly anticipated Gadeokdo New Airport. The government, which once aimed to open the airport by December [...]

Fair Trade Commission Rebukes Nike, Chanel and Hermes for Unfair Terms of Service Clauses

Fair Trade Commission Rebukes Nike, Chanel and Hermes for Unfair Terms of Service Clauses

SEJONG, Nov. 30 (Korea Bizwire) – South Korea’s Fair Trade Commission (FTC) has determined that clauses in the terms of service of certain brands that prohibit individuals from reselling purchased products amount to a violation of consumer rights. On November 29, the FTC announced that it had scrutinized the terms of service of three renowned brands, [...]

Gov’t to Launch Public Corporation for Airport Development on Busan’s Gadeok Island

Gov’t to Launch Public Corporation for Airport Development on Busan’s Gadeok Island

SEOUL, Nov. 30 (Korea Bizwire) — The government plans to establish a public corporation in April tasked with constructing an international airport on Gadeok Island in South Korea’s southeastern port city of Busan, according to officials Thursday. The transportation ministry said it will issue an advance notice of the legislation and related enforcement ordinance for [...]

Extended Filing Period Enhances Design Protection Act for Corporate Innovation

Extended Filing Period Enhances Design Protection Act for Corporate Innovation

DAEJEON, Nov. 30 (Korea Bizwire) – Efforts to replicate the designs of popular original products are about to encounter increased difficulty, with the Korean Intellectual Property Office (KIPO) revealing plans to extend the timeframe for submitting applications for related designs from one to three years. As announced by the KIPO on Wednesday, the amendment to the [...]

Busan Expo Advisory Committee Member Makes a Stir Accusing Saudi Arabia of Vote-Buying After Bid Failure

Busan Expo Advisory Committee Member Makes a Stir Accusing Saudi Arabia of Vote-Buying After Bid Failure

SEOUL, BUSAN & PARIS, Nov. 29 (Korea Bizwire) –Following Busan’s unsuccessful bid for the 2030 World Expo, Busan National University Professor Kim Yi-tae, an advisor to the Busan Expo Hosting Committee, has claimed that vote buying occurred. Kim made this revelation during a press conference held on the sidelines of the International Expositions Bureau (BIE) [...]

Seoul to Introduce ‘English Tutor Robots’ for Young Students

Seoul to Introduce ‘English Tutor Robots’ for Young Students

SEOUL, Nov. 29 (Korea Bizwire) — “English tutor robots” will be introduced to elementary and middle schools in Seoul next year to assist in students’ one-on-one English conversations, the municipal education office said Wednesday. The use of robots in English speaking education for young students was announced by the Seoul Metropolitan Office of Education as [...]

Syphilis Cases on the Rise Worldwide, Prompting Urgent Monitoring Measures

Syphilis Cases on the Rise Worldwide, Prompting Urgent Monitoring Measures

SEOUL, Nov. 29 (Korea Bizwire) – Syphilis, a sexually transmitted disease, has shown an alarming resurgence in recent years not only in Japan, the United States, and other countries but also in South Korea. Between February and July of this year, South Korea witnessed a concerning 10 percent year-on-year rise in syphilis cases. Choi Jun-yong, an [...]

Korea Expressway Corporation Implements Initiative to Boost Visibility and Safety of Cargo Trucks

Korea Expressway Corporation Implements Initiative to Boost Visibility and Safety of Cargo Trucks

WONJU, Nov. 29 (Korea Bizwire) – In a bid to enhance road safety, the Gangwon branch of the Korea Expressway Corporation has undertaken a project since last month to affix reflective tape and sleepy-eye stickers to cargo trucks, as well as replace rear reflectors at no cost. The initiative’s primary goal is to boost the visibility [...]