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Korea

South Korea announces new policy to support single-parent families

The South Korea's Ministry of Gender Equality and Family has announced the approval of the first basic plan for policies aimed at supporting single-parent families. The first basic plan for policies supporting single-parent families has been developed to fulfill the national goal of building a society where no one is left behind, and everyone participates together. The plan includes strategies and objectives to actively respond to the difficult realities and changing social environments faced b

Korea

MCST Takes Action Against Illegal PDF Distribution of Copyrighted Publications

The Ministry of Culture, Sports, and Tourism (MCST) has announced a crackdown on a large-scale operation that reproduces and distributes illegal PDF copies of over 3,000 publications. As the usage of digital devices has increased due to the COVID-19 pandemic, the practice of scanning and reproducing copyrighted material for commercial purposes has become more prevalent, particularly in online communities associated with universities. This trend has caused significant harm to the publishing indus

Politics

Security Lapses Amidst Presidential Office Relocation: A Ticking Time Bomb

The recent relocation of South Korea's presidential office from the historic and secure confines of Cheong Wa Dae (Blue House) to the Yongsan District in Seoul has raised a multitude of concerns over potential security lapses and vulnerabilities. The decision to open the Blue House to the general public as a symbol of transparency and accessibility has inadvertently created an environment that is susceptible to eavesdropping, infiltration, and other security breaches. The relocation process, al

Busan

Busan City Launches Regional Specialized Visa Program

Busan City has announced plans to hold a Regional Specialized Visa Project Information Session on April 13 at 2 p.m. in the first-floor conference room of the Busan City Hall. The event targets foreign students, local universities, and companies interested in participating in the program, with the aim of resolving the local talent shortage and encouraging the settlement of international students in the region. The information session, scheduled before the recruitment of regional talent via the

Busan

Busan Launches Coffee City Forum to Foster Sustainable Growth in Coffee Industry

The City of Busan announced today the launch of the "Busan Coffee City Forum" at Momo's Roastery & Coffee Bar in Bongnae-dong, Yeongdo-gu. The forum, consisting of around 100 members from academia, industry associations, and coffee industry stakeholders, aims to promote sustainable growth and create a thriving ecosystem for the coffee industry in Busan. As a major logistics hub, Busan is responsible for distributing over 93% of imported coffee products in Korea. The city's advantageous location

Korea

Vertical Smart Farms to Transform Agricultural Promotion Zones in Korea

New System and Smart Agriculture Promotion Act to Overcome Land-use Restrictions and Boost Sustainable Agriculture In an ambitious move to increase the smart agriculture penetration rate to 30% of agricultural production by 2027, the Korean government plans to establish a system that enables the installation of vertical smart farms within agricultural promotion zones. This initiative will require overcoming the current land-use restrictions that typically limit development and construction proj

Opinion

Lessons from the Past: How Korean Chipmakers Can Learn from the U.S.-Japan Semiconductor Trade Conflict

The U.S.-Japan Semiconductor Trade Conflict, which began in the 1980s, had a significant impact on the global semiconductor industry. As the United States accused Japan of unfair trade practices, such as dumping and government subsidies, this conflict led to a series of negotiations and agreements that shifted the balance of power in the industry. Japan's dominance in the semiconductor market waned, making way for other players, including South Korea and Taiwan, to emerge as major competitors.

Business

Over Half of Industries in South Korea Expected to Struggle Amid Global Economic Slump

SEOUL, South Korea – A majority of South Korea's industries are expected to face declining performance in the first quarter of the year, as they struggle to recover from the effects of the COVID-19 pandemic and a global economic slowdown. The downturn comes after many sectors enjoyed a temporary boost during the pandemic. According to recent earnings projections from at least three research centers, 10 out of 14 major South Korean industries are expected to see a decline in profitability in the