SEOUL, Jul. 6 (Korea Bizwire) — A new team of undercover inspectors was launched yesterday, tasked with making unannounced rounds at construction sites to prevent accidents. The Seoul Metropolitan Government revealed yesterday that Mayor Park Won-soon had handed out individual badges to 20 newly commissioned undercover safety inspectors. The team, composed of experts in the [...]
SEOUL, Jul. 5 (Korea Bizwire) — Following the release by the Board of Audit and Inspection (BAI) of a report that claims ex-President Lee Myung-bak’s Four Rivers Project was fraught with irregularities and conducted without proper oversight, a number of civic groups have issued statements in response, denouncing the former leader and calling for his [...]
SEOUL, Jun. 25 (Korea Bizwire) — The National Forensic Service will be investigating allegations that U.S. smartphone maker Apple deliberately caused the slowdown of its older iPhone models. The Seoul-based civic group Citizens United for Consumer Sovereignty submitted iPhone 6 and iPhone 7 models as samples to the National Forensic Service for an in-depth inspection. [...]
SEOUL, May 8 (Korea Bizwire) — South Korea’s major biopharmaceutical firm Samsung BioLogics Co., which has been embroiled in an alleged violation of accounting rules, on Tuesday expressed concern over the financial watchdog’s disclosure of sensitive information. “We express deep concern and regret over the situation where sensitive information surrounding the case, which is under [...]
SEOUL, Jan. 10 (Korea Bizwire) — South Korea’s financial regulators have inspected banks that have opened virtual accounts for corporate customers amid concerns that such accounts could be exploited as a loophole to attract new investors for cryptocurrencies, an official said Wednesday. Regulators have banned banks from offering virtual accounts, which are needed to sell [...]
SEJONG, Aug. 18 (Korea Bizwire) — The quarantine agency said Friday it has stepped up inspections at airports and seaports against the transfer of venomous fire ants that were turning up recently in South Korea. Foods and plants coming in from Japan, China and Indonesia have been closely watched since last month, and people visiting [...]
SEOUL, Jan. 9 (Korea Bizwire) – The South Korean food safety watchdog said Monday that it will hold off inspection of imported food and drugs that are deemed to pose harm to human health starting in November. In a policy plan briefing of Prime Minister and Acting President Hwang Kyo-ahn on its policy direction for [...]