SEOUL, Jan. 9 (Korea Bizwire) – South Korea will ease regulations on visa screening procedures for young foreigners who get jobs at selected manufacturing businesses in a way to tackle the labor shortage, the government said Monday. Foreign students who are studying in South Korea and want to work in the country’s “root” industries such [...]
SEOUL, Dec. 16 (Korea Bizwire) – South Korea said Friday that it will issue multiple entry visas for Chinese travelers who buy expensive vacation packages, the latest in a series of Seoul’s attempts to attract rich Chinese tourists. The government said Chinese — who purchase a travel package worth more than 3 million won (US$2,500) [...]
SEOUL, Oct. 14 (Korea Bizwire) – South Korea’s government said Friday it is test operating a visa waiver program for foreign tourists entering the country via three selected cruise ships in the next six months. The Ministry of Justice said passengers of those cruise ships — Costa Serena, Sapphire Princess and Quantum of the Seas [...]
SEOUL, Sept. 22 (Korea Bizwire) – South Korea and the United Arab Emirates (UAE) agreed on a visa-waiver program that will allow people to travel to each other’s country without a visa for up to three months, the foreign ministry said Thursday. A memorandum of understanding on the visa waiver was signed at a meeting [...]
SEOUL, Sept. 22 (Korea Bizwire) – The number of people overstaying their visas in the country has persistently increased, with it posting 213,232 among 2,034,878 entrants as of July, data from the Justice Ministry said Thursday. The July figure was a 27 percent rise from 167,780 in 2011. However, the ratio of overstayers to entrants [...]
SEOUL, Aug. 4 (Korea Bizwire) – A Chinese visa agency that handled South Korean business travelers was stripped of its business license, a move that could be seen as a retaliatory measure undertaken by Beijing after South Korea’s decision to deploy an advanced United States missile defense system on its soil, a local source here [...]
SEOUL, July 6 (Korea Bizwire) – A group of South Korean credit card companies said Wednesday they will consider taking legal action against Visa Inc. following the global payment network company’s recent decision to raise the card fees it receives from Korean card issuers starting next year. In May, Visa notified Korean card firms that [...]
SEOUL, July 5 (Korea Bizwire) – Visa Inc., a global payment network company, said Tuesday it will raise the fees for overseas credit card purchases using its networks it receives from South Korean credit card companies starting next year. In May, Visa notified Korean card firms of its planned fee hikes from October 2016. In [...]
SEOUL, June 27 (Korea Bizwire) – South Korea will toughen legal requirements for issuing the visa for foreigners engaging in entertainment and hotel services here, the government said Monday. There have been lingering reports that the holders of the E-6-2 visa, a requisite for non-Korean residents to perform in hotels, bars and clubs, end up [...]
SEOUL, June 13 (Korea Bizwire) – Korea’s eight major credit card companies (KB, Lotte, BC, Samsung, Shinhan, Woori, Hana, Hyundai) are planning to send an official letter to Visa Inc., protesting its plans to raise the commission for Korean customers’ international transactions. Visa notified the Korean companies in May of its plan to raise the [...]