SEOUL’S LOCAL GOVT. SEIZED CRYPTOCURRENCIES OF TAX DELINQUENTS

Highlights –

• Seoul’s local govt. seized cryptocurrencies of tax delinquents.
• The city government found the cryptocurrencies of 1,566 individuals.
• More than 25 billion won (US$22 million) in virtual assets from 676 of them were s...

S. KOREAN GOVT. EASES RESTRICTIONS ON RESTAURANTS, GYMS, CAFÉ

Highlights –

• S. Korean govt. eases restrictions on restaurants, gyms, café.
• The restrictions have been eased for areas located outside greater Seoul.
• The above establishments will be allowed to stay open until 10 p.m from Monda...

RENTAL STORAGE FACILITIES ERECTED AT SEOUL’S SUBWAY STATIONS

• Storage chambers that will permit people or businesses to store belongings for infinite periods of time have been set up in Seoul's subway stations, according to Seoul Metro.
• This is part of the subway operator's new undertaking to create logistics centres inside subway...

SEOUL INNOVATION QUICKFIRE CHALLENGE LAUNCHED

HIGHLIGHTS

• Janssen Korea Ltd. and Johnson & Johnson Innovation are launching Seoul Innovation QuickFire Challenge
• This challenge is for Healthcare sector.
• Organized by New Normal in Collaboration with Korea Health Industry Development I...

RESURGENCE OF CORONAVIRUS MAY HURT SOUTH KOREA’S SUCCESS STORY

HIGHLIGHTS

• Compared to most Asian countries, South Korea did a better job in containing the spread of coronavirus infection as they had less number of cases due to proper implementation of safety measures and thus less number of deaths.
• However, the a...