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The science ministry said Monday it will funnel 5 trillion won ($3.7 billion) into the development of national strategic technologies this year to nurture growth engines for the future economy.
By AsiaToday reporters Park Ji-sook & Park Ji-eunThe government will expand an after-school care service for first graders at elementary schools,..
The 'Reasonable Price' businesses program, where the government provides tax incentives and subsidizes essential daily items, thereby enabling lower prices, was initiated in 2011 to stabilize costs. This approach was promoted as a win-win policy for both customers and business owners.
South Korea's defense chief said Wednesday that North Korea will face the end of its regime if it wages war, hours after the North fired several rounds of cruise missiles into the Yellow Sea in its latest series of weapons tests.
The Fair Trade Commission (FTC) has shrugged off escalating criticisms concerning its move to legislate the somewhat contentious platform act, targeting monopolistic online firms, saying that its enactment aims to minimize possible damage faced by Korean consumers, a ranking official from the antitrust agency told reporters, Wednesday.