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Government Poised to Tax Religious Institutions from Next Year

Government Poised to Tax Religious Institutions from Next Year

SEOUL, June 8 (Korea Bizwire) – The newly-elected South Korean government is accelerating efforts to put an end to religious tax exemptions beginning next year, as President Moon Jae-in’s nominee for Deputy Prime Minister and Minister for Strategy and Finance, Kim Dong-yeon, has indicated his intent to deliver on the tax reform proposal. In a written [...]

Traffic Management System for Low-Altitude Drones to be Developed

Traffic Management System for Low-Altitude Drones to be Developed

SEOUL, May 29 (Korea Bizwire) – The Korea Agency for Infrastructure Technology Advancement (KAIA) has been selected to develop a traffic management system for low-altitude drones, as growing demand for unmanned aerial vehicles in South Korea calls for appropriate measures to secure safety. The organization that operates under the Ministry of Land, Infrastructure, and Transport will [...]

High School in Gyeonggi Uses Drums to Guide Students Through Puberty

High School in Gyeonggi Uses Drums to Guide Students Through Puberty

CHUNGPYEONG, May 15 (Korea Bizwire) – Chungpyeong Middle School in Gyeonggi Province is drawing attention over an after-school club called ‘Serotonin Drum Club’ consisting of 25 students where members expend energy and release stress by playing drums. The club was formed in 2011 by head teacher Go Sun-hwa, who was in charge of after-school programs [...]

Public Cheers as Incoming President Cracks Down on Telecom Charges

Public Cheers as Incoming President Cracks Down on Telecom Charges

SEOUL, May 12 (Korea Bizwire) – As Moon Jae-in was sworn into office as the 19th president of South Korea earlier this week, a pledge made during his campaign to scrap what is widely known as minimum phone bill charges has come back into the spotlight, a policy many voters viewed favorably amid a record high [...]

President Orders Scrapping of State-Authored History Textbooks

SEOUL, May 12 (Korea Bizwire) – President Moon Jae-in on Friday ordered the scrapping of controversial history textbooks authored by a government committee set up under the former conservative administration. “As efforts to normalize history education, the president has ordered the abolition of state authored history textbooks,” Moon’s chief press secretary Yoon Young-chan told a [...]

Seoul’s Car and Bicycle Sharing Services Prove Popular

Seoul’s Car and Bicycle Sharing Services Prove Popular

SEOUL, May 8 (Korea Bizwire) – As the Seoul Metropolitan Government continues to ramp up its efforts to invest in infrastructure, more and more people are using Seoul’s car and bicycle sharing services. As the prospects of splashing out on buying a new car are proving daunting for consumers amid the sluggish economy, not to mention [...]

Hyundai Card’s New Cultural Complex ‘Cooking Library’ Opens

Hyundai Card’s New Cultural Complex ‘Cooking Library’ Opens

SEOUL, April 27 (Korea Bizwire) – Hyundai Card has opened a new cultural complex for cooking enthusiasts in Seoul, which has on offer a number of interesting features including some 10,000 books, a kitchen and a restaurant. The four-story building located near Dosan Park gives visitors an experience that stimulates the senses of taste, smell [...]