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Incheon’s Hambak Village Shop Owners Seek Protection Amid Rising Foreign Presence

Incheon’s Hambak Village Shop Owners Seek Protection Amid Rising Foreign Presence

SEOUL, Sept. 19 (Korea Bizwire) – Shop owners in Hambak Village, Yeonsu-gu, Incheon, which is home to a significant foreign population, have come together to demand protection for their business rights.  On September 18, more than 50 members of the Task Force for the Survival Rights of Local Shop Owners in Hambak Village gathered in front [...]

S. Korea to Require Trustees for Foreign Home Buyers

S. Korea to Require Trustees for Foreign Home Buyers

SEOUL, Aug. 23 (Korea Bizwire) — Foreign nationals without a registered address or residence in South Korea must now appoint a trustee and provide their personal information when purchasing a house, the land ministry said Tuesday. The Ministry of Land, Transport and Maritime Affairs announced that it will enact and enforce the updated enforcement ordinance [...]

Seoul Metro Unveils Real-time Translation for Foreign Visitors

Seoul Metro Unveils Real-time Translation for Foreign Visitors

SEOUL, Aug. 8 (Korea Bizwire) — Seoul Metro, the city-run operator of the subway system in Seoul, said Monday it will establish a communication system aimed at facilitating interactions between subway staff and foreigners through real-time translation. The organization intends to choose a developer to design and implement an artificial intelligence (AI)-powered system and initiate a [...]

Soju Voted Most Well-known Korean Alcoholic Beverage Among Foreigners

Soju Voted Most Well-known Korean Alcoholic Beverage Among Foreigners

SEOUL, Aug. 2 (Korea Bizwire) — Foreigners picked soju, South Korea’s traditional distilled liquor, as the most well-known Korean alcoholic beverage, survey showed Tuesday. The Korean Food Promotion Institution conducted a survey of 8,500 respondents from 15 countries and found that 41.2 percent mentioned soju as a Korean alcoholic beverage they knew about. Following soju [...]

Human Rights Watchdog Urges KORAIL to Include Foreigners with Disabilities in Fare Discount

Human Rights Watchdog Urges KORAIL to Include Foreigners with Disabilities in Fare Discount

SEOUL, Aug. 1 (Korea Bizwire) — The state-run railway operator should give foreigners registered as disabled the same discount on train tickets as local disabled people receive, the state human rights watchdog said Tuesday. The National Human Rights Commission of Korea put forward the opinion after a woman filed a petition last year that her [...]

Foreign Purchases of Tech, Auto Stocks Amount to Over 16 tln Won This Year

Foreign Purchases of Tech, Auto Stocks Amount to Over 16 tln Won This Year

SEOUL, May 29 (Korea Bizwire) — Foreign purchases of South Korean tech and auto stocks have reached over 16 trillion won (US$12 billion) so far this year, according to the Korea Exchange on Monday. Foreigners bought 16.45 trillion won worth of Samsung Electronics Co., Hyundai Motor Co. and other related stocks this year through May [...]