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Government to Support Treatment Costs for Infertile Couples Regardless of Income Level

SEOUL, Oct. 17 (Korea Bizwire) – Infertile couples will receive support for treatment costs nationwide, regardless of their income level, starting from January 2024. Currently, only a few financially affluent municipal governments, including Seoul, provide support for infertility treatment costs regardless of the couple’s income level. Starting next year, however, this support will be expanded nationwide. Infertility [...]

Government Introduces Onbook Laptops for Enhanced Work Security and Efficiency

SEOUL, Sept. 21 (Korea Bizwire) – By December of this year, a new laptop called “Onbook” designed for government employees will be rolled out in several government departments. The Ministry of Strategy and Finance, Ministry of Unification, Forest Service, and the Daegu Office of Education are set to receive these laptops. The Ministry of Education, Ministry [...]

Gov’t Takes Steps to Curb Pet Animal Breeding and Sales

SEOUL, Aug. 31 (Korea Bizwire) — South Korea on Wednesday unveiled unveiled a series of measures aimed at curtailing the indiscriminate breeding and selling of pet animals. The government is set to implement a parent dog registration system for breeding businesses, with the intention of bolstering the management of dogs raised for breeding purposes, according [...]

S. Korea’s Public Pension Spending Falls Short of OECD Norms

SEOUL, Aug. 28 (Korea Bizwire) — South Korea’s government spending on public pensions, a primary means of addressing senior poverty, is merely half of the expenditure of other countries within the Organization for Economic Cooperation and Development (OECD), a report showed Sunday. According to Pensions at a Glance 2021 published by the Paris-based organization, a [...]

Gov’t to Create Legal Provisions to Punish Online Murder Threats

SEOUL, Aug. 9 (Korea Bizwire) – The government will establish new legal provisions to seek stern punishment for people caught writing online murder threats or carrying weapons in public places, the Ministry of Justice said Wednesday, amid a recent surge in social media posts threatening random stabbing attacks. The ministry said it will push to [...]

Gov’t Funds Refrigerator Door Installation at Stores

SEOUL, Aug. 3 (Korea Bizwire) — The government plans to allocate a budget of 10 billion won (US$7.71 million) this year to partially subsidize the installation of doors on open-type refrigerators at supermarkets and convenience stores. The Ministry of Trade, Industry and Energy said Wednesday it will start accepting applications for participation in the refrigerator [...]

Gov’t to Promote Supply of Modular Housing

SEOUL, Aug. 1 (Korea Bizwire) — The Ministry of Land, Infrastructure and Transport said Monday it will establish and execute a roadmap aimed at promoting the supply of industrialized housing, including modular housing. Under this roadmap, public entities such as Korea Land & Housing Corp. (LH) and Seoul Housing & Communities Corp. (SH) will contribute [...]

S. Korea Designates 7 ‘Specialized Complexes’ for Strategic, Advanced Industries

SEOUL, July 20 (Korea Bizwire) — South Korea announced a decision Thursday to designate seven “specialized complexes” for the semiconductor, display and secondary battery industries in major cities across the country to offer a package of incentives for private investment in a bid to nurture the advanced sectors as a future growth engine. The country [...]

Gov’t Expands Public Care Services to Include Youth, Middle-Aged Individuals

SEOUL, July 6 (Korea Bizwire) — The government has decided to expand public care services to address a blind spot by including youth and middle-aged individuals. The Ministry of Health and Welfare on Wednesday announced its plan to provide daily life support services to middle-aged individuals (aged 40-64) who require care services due to diseases, [...]

S. Korea to Focus on Building Foundation for Long-term Growth in H2

SEOUL, July 4 (Korea Bizwire) — South Korea’s economic policy report unveiled Tuesday focused on laying the groundwork for the long-term and sustainable growth of Asia’s fourth-largest economy amid signs of a recovery in its exports and employment, along with a slowdown in inflation. In its latest report on the economic outlook for 2023, the [...]