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S. Korea to Promote Children’s ‘Right to Play’

S. Korea to Promote Children’s ‘Right to Play’

SEOUL, May 24 (Korea Bizwire) — The South Korean government has decided to foster a culture where children can play whenever they want, opening ways to develop a variety of programs at schools and in local communities. The government announced on Thursday a list of major objectives to create a nation where ‘children can be [...]

Seoul to Remove Right of Parents to Administer Punishment of Kids

Seoul to Remove Right of Parents to Administer Punishment of Kids

SEOUL, May 23 (Korea Bizwire) — South Korea said Thursday that it will remove the right of parents to administer corporal punishment on their children as part of efforts to enhance the rights of minors. The move is part of the Moon Jae-in administration’s youth policy that aims to create an environment where children can [...]

Grand Opening of ‘Fail Expo’ Held in Chuncheon

Grand Opening of ‘Fail Expo’ Held in Chuncheon

SEJONG, May 15 (Korea Bizwire) — The “Fail Expo,” which shares various failure experiences and supports redemption, will be held in five regions across the country, starting in Chuncheon, Gangwon Province, until September. The Ministry of Interior and Safety announced on Tuesday that it will hold a joint declaration ceremony with the Ministry of SMEs [...]

Seoul to Spend 240 bln Won for Next-generation Chip Technology

Seoul to Spend 240 bln Won for Next-generation Chip Technology

SEOUL, May 9 (Korea Bizwire) — South Korea will spend 240 billion won (US$204 million) in the next 10 years to develop key semiconductor technologies that can alter the paradigm of the chip industry as a whole, the science ministry said Thursday. The medium-to-long term chip sector growth plan centers around securing know-how in such [...]

S. Korea to Build Up Non-memory Industry, Become Semiconductor Leader by 2030

S. Korea to Build Up Non-memory Industry, Become Semiconductor Leader by 2030

SEJONG, Apr. 30 (Korea Bizwire) — South Korea will make a concerted effort to build up its non-memory chip industry in line with its goal of becoming a global semiconductor powerhouse by 2030, the government said Tuesday. Under the system semiconductor vision strategy, Asia’s fourth-largest economy has set its sights on establishing itself as the [...]

S. Korea to Create Posts for Gender Equality in Gov’t Offices

S. Korea to Create Posts for Gender Equality in Gov’t Offices

SEOUL, Apr. 30 (Korea Bizwire) — South Korea will set up new departments dedicated to handling gender equality policies in eight government offices to better deal with sexual discrimination and abuse in the cultural and educational sectors, the gender ministry said Tuesday. Under a plan endorsed by the Cabinet , the new posts will be [...]

Seoul to Spend More on Struggling Shipyards

Seoul to Spend More on Struggling Shipyards

SEOUL, Apr. 24 (Korea Bizwire) — South Korea’s industry ministry said Wednesday it would spend 70 billion won (US$61 million) to support local shipbuilders’ efforts to recover from an industrywide slump. The Ministry of Trade, Industry and Energy said the newly earmarked spending will center on helping local shipyards tap deeper into the market for [...]

S. Korea to Invest 3 tln Won in Biotech Sector This Year

S. Korea to Invest 3 tln Won in Biotech Sector This Year

SEOUL, Apr. 22 (Korea Bizwire) — South Korea’s government will invest nearly 3 trillion won (US$2.6 billion) this year into biotech-related research and development (R&D) and commercialization efforts as the country strives to promote innovative growth, sources said Monday. The earmarked spending marks a 2.9 percent on-year increase from 2018. The Ministry of Science and [...]

S. Korea to Focus on Nurturing Non-memory Chips, Bio, Next-generation Cars

S. Korea to Focus on Nurturing Non-memory Chips, Bio, Next-generation Cars

SEOUL, Apr. 22 (Korea Bizwire) — The government plans to focus on nurturing the non-memory chip, bio-health and next-generation vehicle sectors for job creation and innovation-driven growth, officials said Monday. The move comes as the South Korean economy is slowing down amid lackluster performances in the manufacturing sector and tepid job growth. The presidential office [...]