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Moon Gov’t Under Pressure to Entirely Review Real Estate Policy

Moon Gov’t Under Pressure to Entirely Review Real Estate Policy

SEOUL, June 29 (Korea Bizwire) — The Moon Jae-in government is coming under growing pressure to fundamentally review its real estate policy, as its 21 rounds of anti-speculation measures announced over the past three years appear to have largely failed to curb rising home prices in Seoul and other popular residential areas, critics said Monday. [...]

Gov’t Targets Nationwide Coverage for Women’s Safety App

Gov’t Targets Nationwide Coverage for Women’s Safety App

SEJONG, June 25 (Korea Bizwire) — The Women’s Safety App, currently available only in Seoul and Anyang, will be improved for nationwide coverage as authorities seek to reduce violent crimes against women returning home at late hours or those living alone. The Ministry of Land, Infrastructure and Transport (MOLIT) and the Ministry of Gender Equality [...]

Gov’t to Launch ‘Noise Map’ Online

Gov’t to Launch ‘Noise Map’ Online

SEOUL, June 25 (Korea Bizwire) — The Ministry of Environment and the Korea Environment Corp. announced on Wednesday that they will unveil a “noise map” on the website of the national noise information system (www.noiseinfo.or.kr). The noise map enables users to have a full glimpse of the information available on the nation’s noise and vibration [...]

S. Korea to Establish Airline Cooperative Next Year to Increase Sustainability

S. Korea to Establish Airline Cooperative Next Year to Increase Sustainability

SEOUL, June 24 (Korea Bizwire) — South Korea plans to establish a cooperative to empower the South Korean airline industry, which is facing a major crisis driven by the coronavirus. “We began to prepare to amend the Aviation Business Act to establish airline cooperatives and introduce flight assurance programs,” said a source from the Ministry [...]

Gov’t to Allow Sending of Face Masks to Overseas Koreans Regardless of Nationality

Gov’t to Allow Sending of Face Masks to Overseas Koreans Regardless of Nationality

SEOUL, June 24 (Korea Bizwire) — The government will allow South Koreans to send face masks to overseas family members regardless of whether they have Korean citizenship or not as domestic supplies have stabilized, the foreign ministry said Wednesday. Currently, South Koreans are allowed to send up to 12 surgical masks per person every month, [...]

Digitalization of Gov’t Services Moved Up amid Pandemic

Digitalization of Gov’t Services Moved Up amid Pandemic

SEOUL, June 23 (Korea Bizwire) — South Korea’s government has brought forward the digitalization of public services, as social distancing has become a new normal and face-to-face meetings are no longer desired amid the novel coronavirus pandemic. The government announced Tuesday a revised version of the digital innovation plan for public services, taking into consideration [...]

Gov’t Takes Steps to Protect Construction Workers from Summer Heat

Gov’t Takes Steps to Protect Construction Workers from Summer Heat

SEOUL, June 23 (Korea Bizwire) — Scorching summer temperatures can be a serious risk to industrial workers. With this in mind, the government is working on initiatives to protect industrial workers from the summer heat. According to the Korea Occupational Safety & Health Agency (KOSHA) on Monday, the number of industrial workers who suffered from [...]

S. Korea to Launch 1 Trillion-won Fund, Ease Regulations to Compete with Netflix, YouTube

S. Korea to Launch 1 Trillion-won Fund, Ease Regulations to Compete with Netflix, YouTube

SEOUL, June 22 (Korea Bizwire) — South Korea said Monday that it plans to launch a 1 trillion-won (US$825 million) fund and sharply cut red tape in order to help local players better compete with global media giants like Netflix and YouTube. Under the plan, the local media market will be valued at 10 trillion [...]