SEOUL, Sept. 21 (Korea Bizwire) — South Korea will invest 200 billion won (US$172 million) over the next nine years to conduct research on technologies for the diagnosis and treatment of dementia, the health ministry said Monday. The investment plan was unveiled to mark World Alzheimer’s Day, designated by the World Health Organization to boost [...]
SEOUL, Sept. 15 (Korea Bizwire) — South Korea allowed the export of all types of face masks that can be used to prevent the spread of the novel coronavirus on Tuesday amid sufficient domestic supply, the Korea Food and Drug Administration (KFDA) said. The move comes as supplies of surgical and anti-droplet masks in the [...]
SEOUL, Sept. 15 (Korea Bizwire) — South Korea aims to secure enough new coronavirus vaccines to administer to 30 million people, or roughly 60 percent of the country’s population, the health ministry said Tuesday. Under the COVID-19 vaccine plan discussed at the Cabinet meeting chaired by Prime Minister Chung Sye-kyun, the country will seek to [...]
SEOUL, Sept. 14 (Korea Bizwire) — The South Korean government has launched an initiative to improve the quality of public Wi-Fi service. To this end, the government plans to set up new public Wi-Fi base stations at 10,000 locations throughout the country by the end of this year, as well as to improve the quality [...]
SEOUL, Sept. 9 (Korea Bizwire) — After the enforcement ordinance for the revision of the Telecommunication Business Act, the so-called ‘Netflix Free Ride Prevention Act,’ was unveiled, South Korea’s homegrown Internet companies voiced strong concerns about key provisions such as service maintenance and application standards. The enforcement ordinance of the Telecommunication Business Act, announced on [...]
SEOUL, Sept. 7 (Korea Bizwire) — The government is on track to upgrade the electronic anklets that certain criminal are obliged to wear, aimed at preventing additional crimes by analyzing biometric information. To this end, the government included the development of electronic anklet-related system semiconductor technology in the “next-generation intelligence-type semiconductor technology development project.” The [...]
SEJONG, Sept. 7 (Korea Bizwire) — South Korea will significantly hike its 2021 budget to promote the “Korean Wave,” as Korean pop culture enjoys a growing popularity worldwide, according to the finance ministry Monday. The Ministry of Economy and Finance has set aside 696.1 billion won (US$584.8 million) for next year’s budget to promote the [...]
SEOUL, Aug. 31 (Korea Bizwire) — The Ministry of Employment and Labor has announced plans to allow pregnant employees from small businesses to work from home, as part of its efforts to curtail the coronavirus spread. Employers can apply for a ‘work-from-home financing program’ for pregnant employees or those with an elementary school child at [...]
SEOUL, Aug. 28 (Korea Bizwire) — The government will set up a participatory fact-checking platform to cope with various side effects caused by the expanding use of digital media following the coronavirus outbreak. The Korea Communications Commission and the Ministry of Culture, Sports and Tourism announced these plans on Thursday. “The expanding use of digital [...]
SEOUL, Aug. 27 (Korea Bizwire) — South Korea will provide further financial support for airlines hit by the new coronavirus outbreak on the condition that they push for self-help measures and keep their workforces, the transport ministry said Thursday. The government hopes that the additional financial package, including tax benefits, subsidies for employment and reduction [...]