SEOUL, Jul. 3 (Korea Bizwire) — As a measure to prevent excessive consumption, regulations on caffeine will be expanded, with “total caffeine content” also displayed in coffee shops and bakeries that directly make and sell coffee starting next year. The newly introduced regulations, set forth by the Ministry of Food and Drug Safety, are an [...]
SEOUL, Apr. 27 (Korea Bizwire) – The box-office domination of “Avengers: Endgame” in South Korea has rekindled a drawn-out controversy over anti-monopoly regulation in the local cinema market. The finale of the Marvel “Avengers” series hit 3.2 million admissions as of Friday, the third day of its release in the country, according to data from [...]
SEOUL, Mar. 20 (Korea Bizwire) — South Korea’s agriculture ministry said Wednesday it will implement a tougher set of rules on raising fierce dogs to better protect people and animals. The Ministry of Agriculture, Food, and Rural Affairs said the new rules will require owners of dog breeds known for aggressiveness to receive mandatory education [...]
SEOUL, Mar. 19 (Korea Bizwire) — New city government regulations will set a minimum size for rooms in gosiwon, Korean-style boarding houses, and mandate the inclusion of a window. Seoul city announced plans on Monday to establish housing guidelines for gosiwon following the Gukil Gosiwon building fire accident last November which killed 7 people. According [...]
SEOUL, Mar. 12 (Korea Bizwire) — Police said they are considering restricting elderly people’s driving at night and on expressways as part of measures to improve the nation’s traffic safety. The National Police Agency (NPA) said Tuesday that it will map out comprehensive measures including law revisions by year’s end to cope with a growing [...]
SEOUL, Dec. 13 (Korea Bizwire) – It has been reported that if game addiction is classified as a disease, the decrease in sales in the domestic gaming industry will be in the billions of won. Whether game addiction should be classified as a disease under the International Classification of Diseases (ICD) will be discussed at [...]
SEOUL, Nov. 26 (Korea Bizwire) — Owners of ‘noraebang’, karaoke venues where customers can rent private room to sing, took to the streets on Friday urging the government to allow them to sell beer and calling for stronger punishment against customers asking for illegal hostesses. The Seoul Karaoke Association staged a rally in the Yeouido [...]
SEOUL, Nov. 16 (Korea Bizwire) — The South Korean government is expected to move forward with new policies that would permit the installation of hydrogen charging stations in semi-residential areas and commercial areas as well as the establishment of drone zones in currently prohibited airspace. Such issues were addressed yesterday at the Central Government Complex [...]
SEOUL, Nov. 7 (Korea Bizwire) — The South Korean government is striving to come up with alternative profit-sharing schemes between large corporations and small-and-medium-sized companies with the intention of promoting a more horizontal relationship between them. The government is also looking to implement a coexistence model where both large corporations and SMCs can achieve a win-win [...]
SEOUL, Sept. 10 (Korea Bizwire) — South Korea’s financial watchdog said Monday it will provide a trial service of machine-readable regulation that would help companies better comply with state rules. As one of the financial technology sectors, machine-readable regulation allows companies to better meet regulatory requirements and avoid hefty fines. Financial Supervisory Service Gov. Yoon [...]