SEOUL, Aug. 5 (Korea Bizwire) — South Korea will promote the liquefied natural gas (LNG) bunkering industry, which is expected to gain strong growth momentum thanks to tougher international environmental regulations. The Ministry of Trade, Industry and Energy announced that a revised Urban Gas Business Act which includes a newly-created category for LNG bunkering businesses, [...]
SEOUL, July 30 (Korea Bizwire) — An increasing number of cases where the coronavirus is being imported from overseas has prompted the government to apply stricter management of all incoming travelers subject to a two-week quarantine. Since April, all travelers coming from overseas have been required to self-quarantine for two weeks, regardless of nationality. Incoming [...]
SEOUL, July 30 (Korea Bizwire) — Highway idle spaces, including the green spaces around interchanges and junctions as well as abandoned roads, will be used as locations for the establishment of logistics facilities, the transport ministry said Wednesday. The Ministry of Land, Infrastructure and Transport and the state-run Korea Expressway Corp. will expand logistics infrastructure [...]
SEOUL, July 29 (Korea Bizwire) — South Korea on Wednesday started the local supply of a newly developed hydrogen fuel-cell bus in line with its efforts to increase the number of automobiles running on the environment-friendly resource in more areas. One of the buses, whose mass production began this month, was delivered to a bus [...]
SEOUL, July 28 (Korea Bizwire) — The government has launched a new initiative to offer compensation to the businesses that suffered losses after being forced to shut down for prevention and disinfection of the coronavirus. The type of businesses that are eligible for government compensation include medical institutions, drug stores and general stores. The Ministry [...]
SEOUL, July 26 (Korea Bizwire) — The South Korean government on Sunday decided to push to revise the law to require foreign coronavirus patients to cover the costs of their treatment amid a spike in the number of new infections among foreigners arriving from abroad. The decision was reached at a pan-governmental COVID-19 meeting of [...]
SEOUL, July 23 (Korea Bizwire) – The government has formulated a plan to encourage the use of uninhabited islands by installing a variety of convenience facilities such as toilets and convenience stores there as well as loosening regulations that have restricted their development. The Ministry of Oceans and Fisheries announced on Wednesday that it had [...]
SEOUL, July 21 (Korea Bizwire) — The South Korean government on Tuesday designated Aug. 17 as a temporary national holiday, allowing workers in the nation to have three consecutive days off during the summer season that’s feared to be dampened by the drawn-out fight against the novel coronavirus. The Cabinet approved the plan to add [...]
SEOUL, July 20 (Korea Bizwire) — South Korea plans to put all working citizens under employment insurance coverage by 2025 as part of its ambitious policy project aimed at overcoming the new coronavirus pandemic, the labor minister said Monday. With the plan, some 21 million people are forecast to be covered by the state employment [...]
SEOUL, July 20 (Korea Bizwire) — The government will take on a major role in the purchase and supply of rare essential medication as part of efforts to alleviate the inconvenience faced by those suffering from uncommon and hard-to-cure diseases. Without the government’s direct involvement, such patients often have to wait for a significant period [...]