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Archive by category Policies and Regulation

South Korea Launches Anti-Vaping Campaign, Highlighting Hidden Dangers

South Korea Launches Anti-Vaping Campaign, Highlighting Hidden Dangers

SEJONG, Oct. 10 (Korea Bizwire) – The Ministry of Health and Welfare and the Korea Health Promotion Institute announced on October 9 that they will launch their second anti-smoking advertisement campaign of the year, titled “E-cigarettes Are Not OK At All,” running from October 10 through the end of the year across various media platforms.  This [...]

Cabinet Passes New Bill to Criminalize Even Possession of Deepfake Porn

Cabinet Passes New Bill to Criminalize Even Possession of Deepfake Porn

SEOUL, Oct. 10 (Korea Bizwire) — The Cabinet meeting on Thursday approved a new bill calling for tougher punishment for digital sex crimes using deepfake technologies. The revision of the sexual crimes punishment law calls for punishing people caught possessing, purchasing, storing or viewing deepfake sexual materials and other fabricated videos with up to three [...]

S. Korea to Double ASEAN Development Funds to US$48 Mln by 2027

S. Korea to Double ASEAN Development Funds to US$48 Mln by 2027

VIENTIANE, Oct. 10 (Korea Bizwire) — President Yoon Suk Yeol said Thursday that South Korea will double its cooperation funds with the Association of Southeast Asian Nations (ASEAN) to US$48 million by 2027 to support key projects in the region. Yoon made the pledge during a summit with ASEAN leaders in Laos after elevating South [...]

South Korea to Develop Guidelines for Digital Product Passport Platform

South Korea to Develop Guidelines for Digital Product Passport Platform

SEOUL, Oct. 10 (Korea Bizwire) – Three key South Korean government bodies announced on October 9 that they will initiate a bidding process for a consultancy project aimed at establishing guidelines for a Digital Product Passport (DPP) response platform. The Ministry of Trade, Industry and Energy, the Digital Platform Government Committee, and the Ministry of Science [...]

Seoul Launches Pioneering Scholarship for Foreign STEM Students

Seoul Launches Pioneering Scholarship for Foreign STEM Students

SEOUL, Oct. 8 (Korea Bizwire) – In a first for the country, the Seoul Metropolitan Government has initiated an ambitious program to attract top international talent in science, technology, engineering, and mathematics (STEM) fields. The Seoul Tech Scholarship aims to bolster the city’s future workforce in key industries.  On October 7, a ceremony was held on [...]

Seoul Revises Pilot Program for Filipina Domestic Workers Following Initial Trial

Seoul Revises Pilot Program for Filipina Domestic Workers Following Initial Trial

SEOUL, Oct. 6 (Korea Bizwire) – The Seoul city government said Sunday it has revised its pilot program for providing Filipina domestic workers to households, following about a month of the program’s implementation. The revisions, made during meetings between the labor ministry and other relevant parties, will take effect this month to address issues that arose [...]

Gov’t Expands Financial Support for Low-income Earners, Small Businesses

Gov’t Expands Financial Support for Low-income Earners, Small Businesses

SEOUL, Oct. 2 (Korea Bizwire) — The government on Wednesday unveiled additional financial support for low-income earners that include complete debt forgiveness for those who are willing but unable to repay their loans. The move comes amid sharp increases in household debts and the number of people going bankrupt. The number of people filing for [...]

Chinese E-Commerce Giant AliExpress Faces Scrutiny in South Korea Over Misleading Ads

Chinese E-Commerce Giant AliExpress Faces Scrutiny in South Korea Over Misleading Ads

SEOUL, Oct. 2 (Korea Bizwire) – The South Korean Fair Trade Commission (FTC) has initiated regulatory action against AliExpress, the popular Chinese online shopping platform, over allegations of false advertising. On September 30, the FTC sent a report detailing potential sanctions to an AliExpress affiliate responsible for product sales. The commission determined that the company’s advertisements, [...]

Seoul Cracks Down on ‘Dumping Tourism’ to Protect City’s Image

Seoul Cracks Down on ‘Dumping Tourism’ to Protect City’s Image

SEOUL, Sept. 28 (Korea Bizwire) – In a bid to safeguard its reputation as a premier travel destination, the Seoul Metropolitan Government has launched an undercover operation to investigate low-cost tour packages sold overseas. The initiative aims to curb the spread of so-called “dumping tourism,” which officials fear could tarnish the city’s image and lead to [...]

3.3 Tln Won to Be Invested Annually in Reforming Tertiary Care Hospitals to Focus on Critical Patients

3.3 Tln Won to Be Invested Annually in Reforming Tertiary Care Hospitals to Focus on Critical Patients

SEOUL, Sept. 27 (Korea Bizwire) — The government plans to invest 3.3 trillion won (US$2.5 billion) of its health insurance funding annually over the next five years to reform tertiary care hospitals to better prioritize the treatment of critically ill patients, the interior minister said Friday. Minister Lee Sang-min made the remarks during a government [...]