SEOUL, Aug. 22 (Korea Bizwire) — More than half of middle market enterprises (MMEs) in South Korea are calling for government-led financial and tax support to ease their burdens from U.S. reciprocal tariffs, a survey showed Friday. According to the Federation of Middle Market Enterprises of Korea (FOMEK), which conducted the survey on 123 exporting [...]
SEOUL, Oct. 15 (Korea Bizwire) — Amid a recent increase in the number of drug-dependent people, the government is taking steps step to strengthen drug addiction treatment and protection systems by extending the range of financial support from hospital treatment to outpatient treatment. The Ministry of Health and Welfare said Thursday that it had issued [...]
SEOUL, June 10 (Korea Bizwire) — A recent study has revealed that South Korea’s financial support for foreigners tends to focus on multicultural families, and is inciting an unfriendly sentiment among South Koreans against foreigners. Kim Mi-young, a researcher at Kyung Hee University’s Center for Cross Cultural Studies reported in her recently published thesis that [...]
SEOUL, Aug. 31 (Korea Bizwire) — President Moon Jae-in vowed additional government support for the data industry Friday, stressing the need to develop big data into the country’s new growth engine. “The government will fully support the data industry as part of efforts to revitalize our economy. We will establish a new expressway of data [...]