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South Korea’s Denuclearization Attracts Japanese Media Attention

South Korea’s Denuclearization Attracts Japanese Media Attention

TOKYO, June 21 (Korea Bizwire) – As the South Korean government continues its efforts to lower reliance on nuclear energy and focus on renewable energy, the Japanese media is paying attention to its neighbor’s denuclearization policy in memory of the Fukushima Daiichi nuclear disaster in 2011. The headline that covered the front page of Tokyo [...]

Notorious ‘ActiveX’ on its Last Legs in South Korea

Notorious ‘ActiveX’ on its Last Legs in South Korea

SEOUL, May 23 (Korea Bizwire) – Industry experts say Microsoft’s much-maligned ActiveX software may be scrapped and replaced with advanced technology such as biometric recognition under the newly elected Moon administration, after being slammed over its security vulnerabilities and widely viewed as plaguing the South Korean web with exhausting and complex online identification processes for [...]

President Names Chaebol Critic as New Chief of Market Watchdog

President Names Chaebol Critic as New Chief of Market Watchdog

SEOUL, May 18 (Korea Bizwire) – President Moon Jae-in on Wednesday tapped a well-known critic of large conglomerates as the new chief of the corporate watchdog Fair Trade Commission (FTC). Kim Sang-jo, a economics professor from Seoul’s Hansung University, has been nominated as the new head of the FTC, according to the presidential office Cheong Wa Dae. “He has been nominated as he is considered the right person to set the direction for a new relationship between larger and smaller businesses based [...]

Carmakers Balk at Moon’s Pledges Against Diesel Cars

Carmakers Balk at Moon’s Pledges Against Diesel Cars

SEOUL, May 16 (Korea Bizwire) – Carmakers on Monday balked at President Moon Jae-in’s pledges against diesel-powered vehicles, citing no alternatives to the fuel-efficient cars particularly for businesses. During the campaign, President Moon vowed to fully remove diesel-fueled vehicles from the street by 2030 to help sharply reduce air pollutants. He said his government will reduce fine dust [...]

Public Cheers as Incoming President Cracks Down on Telecom Charges

Public Cheers as Incoming President Cracks Down on Telecom Charges

SEOUL, May 12 (Korea Bizwire) – As Moon Jae-in was sworn into office as the 19th president of South Korea earlier this week, a pledge made during his campaign to scrap what is widely known as minimum phone bill charges has come back into the spotlight, a policy many voters viewed favorably amid a record high [...]