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South Korea to Impose Swift Penalties on Parents Defying Child Support Orders

South Korea to Impose Swift Penalties on Parents Defying Child Support Orders

SEOUL, Jun. 10 (Korea Bizwire) – South Korea is set to introduce swifter penalties for non-custodial parents who defy court orders to pay child support, including travel bans and driver’s license suspensions if the amount in arrears is over 30 million won or they are delinquent on more than three payments. The Ministry of Gender Equality [...]

Redevelopment Plan for Former U.S. Military Site in South Korea Stirs Conflict

Redevelopment Plan for Former U.S. Military Site in South Korea Stirs Conflict

CHUNCHEON, Jun. 5 (Korea Bizwire) –A proposal to develop Camp Page, a 520,000 square meter former United States military base in the heart of Chuncheon, has sparked a bitter divide within the local community, pitting residents who support the project against those who demand a restart of the process. The site, which has remained largely [...]

South Korea’s KAIST Expands Partnerships in Africa to Tackle Global Challenges

South Korea’s KAIST Expands Partnerships in Africa to Tackle Global Challenges

DAEJEON, Jun. 4 (Korea Bizwire) –The Korea Advanced Institute of Science and Technology (KAIST) signed two memorandums of understanding on June 4, bolstering its collaborations with emerging scientific institutions in Kenya to address pressing global issues. One agreement was inked with the board of the Kenya Advanced Institute of Science and Technology (Kenya-AIST), an institution [...]

Seoul Launches 100% Recycled Plastic Bottles for Emergency Drinking Water

Seoul Launches 100% Recycled Plastic Bottles for Emergency Drinking Water

SEOUL, Jun. 4 (Korea Bizwire) –The Seoul Metropolitan Government announced on May 4 that it will produce its bottled drinking water brand Arisu in 100% recycled plastic PET bottles. Last year, the city supplied Arisu in bottles made with 30% recycled plastic, which had received certification from the Ministry of Environment and the Ministry of [...]

Bank of Korea Goes Broadcast-Level with New In-House Studio

Bank of Korea Goes Broadcast-Level with New In-House Studio

SEOUL, Jun. 4 (Korea Bizwire) – South Korea’s central bank is constructing a broadcast-quality studio to boost its communication efforts with the public on monetary policy decisions.  The Bank of Korea recently awarded an 800 million won contract to purchase and install professional equipment for the studio, which will be located on the fourth floor of [...]

Gov’t to Extend Tax Incentives, Tailored Support for SMEs’ Scale-up

Gov’t to Extend Tax Incentives, Tailored Support for SMEs’ Scale-up

SEOUL, Jun. 3 (Korea Bizwire) — The government will extend greater tax benefits and tailored support to smaller companies to help them become second-tier midsized firms in an effort to create quality jobs and spur growth momentum, the finance ministry said Monday. A set of such supportive measures were presented during an economic ministers’ meeting [...]

Seoul to Offer Childbirth, Child Care Incentives to Small Businesses

Seoul to Offer Childbirth, Child Care Incentives to Small Businesses

SEOUL, June 3 (Korea Bizwire) — The Seoul city government said Monday it will offer exceptional incentives to small and medium-sized companies that implement childbirth and child care promotion systems, such as payment of money gifts for birth and flexible work hours. Incentives, such as the supply of replacement workers, extra allowances for co-workers of [...]

Seoul Offers Free Emergency Beacons to Protect Self-Employed Individuals

Seoul Offers Free Emergency Beacons to Protect Self-Employed Individuals

SEOUL, Jun. 3 (Korea Bizwire) – In an effort to safeguard sole proprietors of businesses like hair salons, nail shops, and cafes from potential crimes, the Seoul Metropolitan Government announced on Friday that it will provide free emergency beacons to 5,000 eligible establishments.  These “safety beacons” are designed to automatically alert authorities during emergencies. When the [...]

Seoul District Deploys Drones in War Against Mosquitoes

Seoul District Deploys Drones in War Against Mosquitoes

SEOUL, June 1 (Korea Bizwire) – In a novel approach to combat mosquitoes and other pests, Gangnam District in Seoul has become the first area in the South Korean capital to launch a drone squad for targeted insecticide spraying. At a ceremony on May 31 at Neulbeot Neighborhood Park, Gangnam officials unveiled their new drone unit [...]

Provincial Government Leaders Propose Policies to Address Low Fertility Rate

Provincial Government Leaders Propose Policies to Address Low Fertility Rate

JEJU, South Korea, May 31 (Yonhap) – Provincial government heads on Friday each proposed various policy directions to develop their cities as a potential solution to the country’s rapidly aging population coupled with a low fertility rate. The remarks were made during a session on global branding policies for globalization at the Jeju Forum for [...]