SEOUL, Aug. 21 (Korea Bizwire) — South Korea is moving to secure a sufficient supply of coronavirus vaccines through close international cooperation and local development, the government said Friday. The move comes as countries around the world have been racing to find drugs that can combat the pandemic that has killed more than 796,000 around [...]
SEOUL, Aug. 20 (Korea Bizwire) — The Ministry of Environment has signed an agreement with the Korea Environment Corp. and other sub-agencies to create a support group to successfully carry out the government’s Smart Green City Project. The Smart Green City Project is a part of the Green New Deal initiative led by the government. [...]
SEOUL, Aug. 20 (Korea Bizwire) — South Korea said Thursday it will expand free public Wi-Fi service to 41,000 additional locations across the country by 2022 to meet increasing data demand amid the coronavirus outbreak. The move comes as the pandemic has led to a surge in data consumption this year. South Koreans used 616,072 [...]
SEOUL, Aug. 19 (Korea Bizwire) – The culture ministry on Wednesday decided to halt its discount coupon program aimed at promoting domestic travel in light of the resurgence of new COVID-19 clusters centered on the greater Seoul region. The decision to suspend the scheme, part of the ministry’s 90.4 billion won (US$76.2 million) project to [...]
SEOUL, Aug. 18 (Korea Bizwire) — South Korea’s media regulator said Tuesday it will form a support group for local over-the-top (OTT) media services to help compete with global rivals, such as Netflix Inc., as they take a dominant position in the local market. Netflix’s active mobile application users in the country totaled 6.37 million [...]
SEOUL, Aug. 14 (Korea Bizwire) — The Animal and Plant Quarantine Agency launched on Thursday the process of outsourcing the design of the nation’s first shield-test facility that will be used in experiments related to the African swine fever (ASF) virus. As a 3rd grade biosafety lab, the shield-test facility is a negative pressure-type special [...]
SEJONG, Aug. 13 (Korea Bizwire) — South Korea said Thursday it will revamp the country’s export portfolio and foster its service industry as a new growth engine to revitalize its virus-hit outbound shipments. The country’s service exports reached US$43.8 billion over the January-June period, down 17.9 percent from a year earlier. The Ministry of Trade, [...]
SEOUL, Aug. 13 (Korea Bizwire) — Starting from this month, unmarried fathers will be able to receive financial support for child-rearing expenses even before the birth of their child has been registered. Their children will also be able to continue to receive health insurance benefits. The Ministry of Gender Equality and Family unveiled such measures [...]
SEOUL, Aug. 12 (Korea Bizwire) — The government said Wednesday it plans to distribute discount coupons worth 90.4 billion won (US$76.2 million) in the travel, arts and leisure sectors to resuscitate domestic spending in the areas hit hard by the new coronavirus pandemic. The culture ministry will offer the coupons in six areas — lodging, [...]
SEOUL, Aug. 9 (Korea Bizwire) — The government is drawing up a budget for next year, with its size likely to top 550 trillion won (US$463 billion), up 8 percent from this year’s, as the country is drumming up efforts to boost the pandemic-hit economy, sources said Sunday. According to the sources, the finance ministry [...]