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THAAD Deployment: South Korean Government Faces Criticism as Businesses Suffer

THAAD Deployment: South Korean Government Faces Criticism as Businesses Suffer

SEOUL, March 20 (Korea Bizwire) – Acting President Hwang Gyo-Ahn’s leadership is being questioned as public criticism grows over the government’s passive attitude towards China’s THAAD retaliation. Critics in South Korea are voicing concern over the apparent lack of countermeasures and complaints from government officials in the face of a series of retaliatory acts from Beijing, [...]

France Will Continue Collaboration With S. Korea’s Next Government: Minister

France Will Continue Collaboration With S. Korea’s Next Government: Minister

SEOUL, March 20 (Korea Bizwire) – The French minister for government reform said Monday his nation will maintain its cooperative relationship with South Korea regardless of the result of the upcoming presidential election here. “France wants the best possible relationship with South Korea … the subjects for desired bilateral cooperation include every issue ranging from tourism, [...]

Popularity of Government’s Public Auction Website Soars

Popularity of Government’s Public Auction Website Soars

SEOUL, March 20 (Korea Bizwire) – A public online auction system called “Onbid” is seeing a growing number of users, according to the organization behind the website, the Korea Asset Management Corporation (KAMCO). Onbid, an auction service which began in 2002, was introduced to make it easy for both buyers and sellers to bid and [...]

S. Korea’s Smart Health Care Industry At Standstill: Report

S. Korea’s Smart Health Care Industry At Standstill: Report

SEOUL, March 20 (Korea Bizwire) — South Korea’s smart health care industry that is viewed as a next growth engine for the country has been at a standstill for the past five years due to lack of policy coordination, a report by a local think tank said Sunday. According to the Korea Institute for Industrial Economics and Trade (KIET), the country’s health care-related businesses have been growing [...]

‘Every Show’s a First Today!’: Experimental Musical Lets Audience Decide Performers and Songs On The Spot

‘Every Show’s a First Today!’: Experimental Musical Lets Audience Decide Performers and Songs On The Spot

SEOUL, March 17 (Korea Bizwire) – The new South Korean musical “Every Show’s A First Today!” is about to completely change the dynamics between musical theatre actors and the audience. The self-explanatory show will see the performers improvise depending on what the audience wants to see when it kicks off in mid-April. Every show over the [...]

South Korean Police to Crack Down on Fake News

South Korean Police to Crack Down on Fake News

SEOUL, March 14 (Korea Bizwire) – As the fake news phenomenon is taking the world by storm, South Korea is also feeling the effects of the dangerous media trend, with law enforcement agencies poised to intervene. Five incidents of fake news are currently being investigated by the South Korean police after they reported 19 other [...]

S. Korean Government to Pump $13 Million Into Preventing Smartphone and Internet Addiction

S. Korean Government to Pump $13 Million Into Preventing Smartphone and Internet Addiction

SEOUL, March 14 (Korea Bizwire) – The South Korean government is increasing the budget for its newly revamped Internet addiction prevention initiative by 55 percent this year, with expenditures expected to reach a total of 147 billion won ($12.8 million). With a budget of 147 billion won dedicated to tackling problematic Internet use on both mobile [...]

Growing Carbon Market in Korea Faces Liquidity Challenges

Growing Carbon Market in Korea Faces Liquidity Challenges

SEOUL, March 13 (Korea Bizwire) – Carbon emissions trading is growing in South Korea as more companies are compelled to abide by the government’s scheme to reduce carbon-dioxide emissions, but many businesses fear they won’t meet emissions targets this year. Companies are required to have any emissions excess deducted from their permitted amount for the [...]

Free Legal Help Available for All Foreigners in Korea

Free Legal Help Available for All Foreigners in Korea

SEOUL, March 13 (Korea Bizwire) – A new helpline (1345) offering free legal advice and counseling is now available for any foreign resident of South Korea, regardless of their visa type, starting today, the Ministry of Justice (MOJ) said yesterday. The MOJ teamed up with the Korean Bar Association and the Ministry of the Interior [...]