SEOUL, Aug. 25 (Korea Bizwire) — TV commercials from local loan companies have been a source of consternation for at least a decade in South Korea. In 2007, due to increased voices calling for regulation, the government banned loan commercials from all broadcast TV channels. Improving technology such as cable and satellite TV soon allowed [...]
SEOUL, March 22 (Korea Bizwire) – Callbus LAB, the company behind a new call bus service, is locking horns with the taxi industry with another pilot project scheduled for April and May. Currently Callbus LAB and the taxi association have agreed on the terms of payment and number of buses operated, but the time the [...]
SEOUL, Jan.21 (Korea Bizwire) – To celebrate the year of tourism in Korea, visa fees for Chinese tour groups will be waived for a one year period. In addition, starting from the latter half of this year, tourism will be linked to Hallyu content, and a ‘Hallyu Visa’ for Chinese tourists on short trips will [...]
SEOUL, Nov.20 (Korea Bizwire) – After rumors that the government will be regulating discounts on imported beer, consumers are expressing strong feelings of dissatisfaction. The government responded by saying that ‘nothing is sure at the moment’ in an effort to minimize consumer anger. The controversy started when a media source reported that “the Ministry of [...]
SEOUL, Nov. 3 (Korea Bizwire) – Various technical regulations that were blocking the diversification of services among pay TV providers such as cable networks (SO) will be moderated. The Ministry of Science, ICT and Future Planning announced that it will be drafting an item on ways to restructure the current regulations. Various technical methods could [...]
SEOUL, Aug. 18 (Korea Bizwire) – The Seoul Metropolitan Government set out plans to reform regulations for life-oriented businesses. The government is planning to relax regulations for restaurants and bakeries putting out tables and chairs in front of their shops. Currently, outdoor business is banned to minimize civil complaints. Only businesses in the special tourist zone [...]