The Korea news

The Defense Ministry said Friday that it will seek to remove a requirement that transgender women must have received hormone therapy to qualify for alternative forms of national service.

According to ministry officials, the ministry submitted a proposal on Dec. 13 to amend its ordinance on pre-service physical examinations, which are used to sort conscripts into ranked categories of physical fitness that determine the forms of service in which they can enlist.

In its proposal, the ministry seeks to allow transgender women, even if they have not undergone six months of hormone therapy, to enlist in alternative service, also known as public service, which includes three weeks of basic military training.

cross-posted from: https://lemmy.world/post/10988693

Losses from equity-linked securities (ELS) tied to the performance of the Hang Seng China Enterprises Index (HSCEI) sold by Korea's top five commercial lenders have almost reached 230 billion won ($171 million) for this year, market watchers said Sunday. The high-risk, high-volatility index encompasses 50 shares of Chinese firms traded outside mainland China.

More investors will incur losses in the coming months as the three-year securities mature, compounded further by the index plunging 11.12 percent since the beginning of the year. The HSCEI was among the few global benchmark indexes that recorded double-digit year-to-date declines.

SEOUL, Jan. 4 (Yonhap) -- The Military Manpower Administration (MMA) said Thursday it has created a cyber investigation team to step up monitoring on those who attempt to evade mandatory military service and crack down on draft dodgers.

The MMA said the new team will look into those who post information on how to evade compulsory military service and individuals avoiding service through fraudulent screening and other measures. It is tasked with collecting and analyzing digital evidence.

Under a revised military service law, which goes into effect in May, those who post and spread information regarding draft evasion will be subject to up to two years in prison or a fine of 20 million won (US$15,270).