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Revised Bill Offers Discounts for Hospital Stays and Dental Surgery

Revised Bill Offers Discounts for Hospital Stays and Dental Surgery

SEOUL, Jun. 20 (Korea Bizwire) — Starting next month, the cost of hospital wards that can accommodate two to three people will be cut by half thanks to changes in public health insurance policies. In addition, the cost of dental implant surgeries for senior citizens over 65 years of age will fall drastically. The Ministry [...]

Patent and Unfair Trade Issues to be Settled Through Arbitration as early as Next Year

Patent and Unfair Trade Issues to be Settled Through Arbitration as early as Next Year

SEOUL, August 3 (Korea Bizwire) – Korean laws and regulations have been modified to introduce the possibility of arbitration as a dispute resolution mechanism. Unlike advanced countries where arbitration is practiced in general, arbitration in Korea was previously limited to private disputes. The Department of Justice is planning to announce legislation that will modify the arbitration [...]