Korea to cut ‘value-up’ taxes, double foreign professionals by 2035 to revamp growth

Korea to cut 'value-up' taxes, double foreign professionals by 2035 to revamp growth

President Yoon Suk Yeol announces the Dynamic Economy Roadmap and the Economic Policy Direction for the latter half of the year at the Blue House in central Seoul on Wednesday. [YONHAP]   The government plans to reduce corporate and inheritance taxes for companies in the “value-up program” and more than double the number of foreign … Read more

Govt to launch food safety authority

Govt to launch food safety authority

The government plans to create a food safety authority in Cyprus.

Consumer Alert: Unregulated food is being sold online

Consumer Alert: Unregulated food is being sold online

The consumer protection service and health services of the health ministry have issued a warning about food products being sold online from uninspected facilities. They highlighted the risks of purchasing food items without proper regulatory oversight, specifically mentioning products like pastries, catering items, honey, jams, spoon sweets, and olive oil being marketed on social media platforms and websites. These products are produced in facilities that have not been inspected by competent authorities, raising concerns about their quality and safety. Consumers are urged to exercise caution, verify the registration status of businesses, ensure compliance with regulatory standards, and inspect product labeling for information on ingredients, allergens, and the manufacturer’s details. They are also encouraged to report any suspicious food sales online to the authorities or contact the consumer line at 1429.