SEOUL, Sept. 21 (Korea Bizwire) –Police will push for a blanket ban on assemblies and demonstrations from midnight to 6 a.m. to minimize public inconvenience from large-scale illegal gatherings, the Korean National Police Agency (KNPA) said Thursday. The KNPA said it will push to stipulate the “midnight-to-6 a.m. gathering ban” in the Law on [...]
SEOUL, Sept. 21 (Korea Bizwire) — Finance Minister Choo Kyung-ho said Thursday the government will closely monitor rising global economic uncertainties, after the U.S. central bank decided to hold its key rates overnight. The U.S. Federal Reserve on Wednesday (local time) announced the decision to hold the rate steady between 5.25 percent and 5.50 percent. [...]
SEOUL, Sept. 21 (Korea Bizwire) – The Seoul Metropolitan Office of Education is giving digital devices called “D-beots” to all first-year middle school students in Seoul to create a digital learning environment. The name “D-beot” comes from combining the Korean words “beot,” which means friend, and “D,” which stands for digital. Essentially, D-beot refers to digital [...]
SEOUL, Sept. 21 (Korea Bizwire) – By December of this year, a new laptop called “Onbook” designed for government employees will be rolled out in several government departments. The Ministry of Strategy and Finance, Ministry of Unification, Forest Service, and the Daegu Office of Education are set to receive these laptops. The Ministry of Education, Ministry [...]
SEOUL, Sept. 20 (Korea Bizwire) – The government plans to permit the sale of exchange-traded funds tracking the greenhouse gas emission trading market beginning next year as part of efforts to activate the country’s sluggish emission trading, officials said Wednesday. The move by the government’s emission rights allocation committee comes as trading prices of the [...]
SEOUL, Sept. 19 (Korea Bizwire) – Twenty-four high school teachers have been caught selling exam questions to private academies before or after serving as test makers for the College Scholastic Ability Test (CSAT) and mock CSAT exams in violation of the current laws, the education ministry said Tuesday. The ministry said it will file criminal [...]
SEOUL, Sept. 19 (Korea Bizwire) – All elementary schools in Seoul will be installed with telephone recorders to record calls from parents, while a chatbot will be introduced across elementary to high schools to deal with parental complaints on behalf of teachers, the Seoul education chief said Tuesday. The plan, announced by Cho Hee-yeon, superintendent [...]
SEOUL, Sept. 18 (Korea Bizwire) – The Seoul city government will build the world’s second domed baseball stadium annexed with a hotel in its southeastern district of Jamsil by 2031, city officials said Monday. Seoul Mayor Oh Se-hoon unveiled the plan on Saturday after touring Canada’s Rogers Center, a multipurpose retractable roof stadium, home to [...]
SEJONG, Sept. 18 (Korea Bizwire) — South Korea plans to invest around 2.2 trillion won (US$1.65 billion) through 2028 to establish industrial clusters for cutting-edge technologies, the finance ministry said Monday. The country will initially allocate 400 billion won in 2024 for industrial zones specialized in strategic and medical industries, according to the Ministry of [...]
SEOUL, Sept. 18 (Korea Bizwire) – A recent survey showed that about two out of three Koreans believe they are paying too much in taxes compared to the social security benefits they receive. The share of those who said they would not like to pay more taxes or social insurance fees even if welfare benefits were [...]