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Archive by category Policy and Regulation

National Assembly Approves Nursing Act and Key Livelihood Bills

National Assembly Approves Nursing Act and Key Livelihood Bills

SEOUL, Aug. 28 (Korea Bizwire) – Rival political parties held a parliamentary plenary meeting Wednesday and passed several key livelihood bills that have been stalled for months due to partisan disputes, including a nursing act that calls for nurses to play greater roles. It marks the first time since the 22nd National Assembly opened in [...]

Debate Heats Up Over Foreign Domestic Worker Program in Seoul

Debate Heats Up Over Foreign Domestic Worker Program in Seoul

SEOUL, Aug. 28 (Korea Bizwire) – As Seoul prepares to launch a controversial pilot program for foreign domestic workers next month, a heated debate has erupted over the wages these workers will receive. The program, set to begin on September 3, has drawn criticism for its potential to benefit only the wealthy and exacerbate existing labor [...]

Parents Challenge South Korea’s Minimum Academic Standards for Student Athletes

Parents Challenge South Korea’s Minimum Academic Standards for Student Athletes

SEOUL, Aug. 28 (Korea Bizwire) – A group of parents is preparing to take legal action against a controversial policy that bars student athletes from competing if they fail to meet minimum academic standards, a measure aimed at fostering student-athletes who are also strong academically. The Parents’ Alliance for South Korean Athletes has recently hired a [...]

South Korea to Introduce National Technical Qualification for Smart Manufacturing

South Korea to Introduce National Technical Qualification for Smart Manufacturing

SEOUL, Aug. 28 (Korea Bizwire) – The South Korean government is set to establish a new national technical qualification in the field of smart manufacturing, a cutting-edge manufacturing process that integrates Information Technology (IT) and Artificial Intelligence (AI).  On August 27, the Ministry of Employment and Labor announced the approval of an amendment to the enforcement [...]

Gov’t to Provide Record Amount of Foodstuffs, Discount for Chuseok Holiday

Gov’t to Provide Record Amount of Foodstuffs, Discount for Chuseok Holiday

SEOUL, Aug. 28 (Korea Bizwire) — The government plans to supply a record amount of 170,000 tons of high-demand foodstuffs and provide a discount worth 70 billion won (US$52.63 million) for the upcoming Chuseok holiday, the finance ministry said Wednesday. They are part of a set of measures meant to better support the livelihoods of [...]

Health Ministry Unveils Measures to Deal with Emergency Care for Chuseok Holiday

Health Ministry Unveils Measures to Deal with Emergency Care for Chuseok Holiday

SEOUL, Aug. 28 (Korea Bizwire) — The health ministry on Wednesday unveiled a set of measures to deal with emergency care before and after the Chuseok holiday next month, as doctors have warned of possible disruption of emergency rooms due to a protracted walkout by junior doctors. Under the measures, health authorities will keep 4,000 [...]

South Korea to Boost Transparency in Veterinary Costs

South Korea to Boost Transparency in Veterinary Costs

SEOUL, Aug. 27 (Korea Bizwire) – In a move to enhance consumer protection and transparency in the veterinary industry, South Korea is set to implement new measures requiring animal hospitals to display their service fees more prominently. Prime Minister Han Duck-soo presided over a meeting of the Consumer Policy Committee on August 26 at the Seoul [...]

Industry Minister Confirms to Raise Electricity Prices after Summer Ends

Industry Minister Confirms to Raise Electricity Prices after Summer Ends

SEJONG, Aug. 27 (Korea Bizwire) — Industry Minister Ahn Duk-geun has confirmed that the government will increase electricity prices after summer comes to a close, in an effort to ease financial burdens on Korea Electric Power Corp (KEPCO). “We plan to raise electricity bills,” Ahn said during a meeting with reporters in the central city [...]