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Gov’t Relaxes Regulations for Self-driving Vehicle Road Tests

Gov’t Relaxes Regulations for Self-driving Vehicle Road Tests

SEJONG, Nov. 20 (Korea Bizwire) — The government plans to allow the test run of shuttle vehicles without a driver’s seat and unmanned self-driving cars on ordinary roads once a temporary operating license is issued. The Ministry of Land, Infrastructure and Transport announced on Thursday that it will revise the regulations on temporary driving approval [...]

Tougher Distancing Regulations Take Effect, Limiting Crowds at Public Facilities

Tougher Distancing Regulations Take Effect, Limiting Crowds at Public Facilities

SEOUL, Nov. 19 (Korea Bizwire) — As a tougher social distancing scheme took effect on Thursday in the greater Seoul area and some other areas where COVID-19 infections have soared recently, high-risk multiuse facilities, such as restaurants and movie theaters, face restrictions in operation. The South Korean government earlier decided to raise the five-tier social [...]

Korean Shipbuilders Tipped to Bask in More Orders Next Year on Tough Regulations

Korean Shipbuilders Tipped to Bask in More Orders Next Year on Tough Regulations

SEOUL, Oct. 27 (Korea Bizwire) — South Korean shipyards are likely to win more orders next year as toughened environment regulations may prod clients to resort to local shipbuilders, which have a competitive edge in eco-friendly vessels, a report said Tuesday. Their combined new orders are estimated at 10 million compensated gross tons (CGTs) worth [...]

Gov’t Announces New Oversight of Medical Implant Industry

Gov’t Announces New Oversight of Medical Implant Industry

SEOUL, July 10 (Korea Bizwire) — The government has announced plans to significantly strengthen the safety management of medical devices that are implanted into human bodies. A new system will be set up to track medical implants from factory release until the surgical implant procedure. The Ministry of Food and Drug Safety announced on Thursday [...]

Gov’t Bans E-cigarette Sales Promotions

Gov’t Bans E-cigarette Sales Promotions

SEOUL, July 1 (Korea Bizwire) — Tobacco producers will now be banned from promoting cigarette consumption by offering new products for free trial. A bill containing relevant provisions to amend the National Health Promotion Act was passed by the state council on Tuesday. Current laws prohibit all acts of promoting cigarette sales by tobacco producers, [...]

Regulations Eased to Allow Idle Passenger Planes to Transport Cargo

Regulations Eased to Allow Idle Passenger Planes to Transport Cargo

SEOUL, June 19 (Korea Bizwire) — Regulations are set to be loosened further to enable airlines to use passenger planes remaining idle due to the coronavirus outbreak to transport cargo more easily. The Ministry of Land, Infrastructure and Transport announced on Thursday that it would ease the fire protection standards for passenger planes to make [...]

New Legislation Obliges Drone Companies to Inform Customers About Flight Restrictions

New Legislation Obliges Drone Companies to Inform Customers About Flight Restrictions

SEJONG, June 18 (Korea Bizwire) — Starting from the end of this year, drone companies engaged in drone making, selling or rentals will be obliged to inform customers about no-fly zones and times through their websites. The Fair Trade Commission (FTC) announced on Wednesday that the amended notice of fair labelling and advertising would take [...]

S. Korea to Further Tighten Property Rules, Expand Regulated Areas to Curb Rising Home Prices

S. Korea to Further Tighten Property Rules, Expand Regulated Areas to Curb Rising Home Prices

SEOUL, June 17 (Korea Bizwire) — South Korea said Wednesday that it will further tighten lending rules and designate more areas subject to tighter regulations in an effort to stem a further rise in housing prices. The government rolled out its toughest measures yet to stem rising housing prices in greater Seoul and some unregulated [...]