Seoul, Dec 6 (Asia Pulse) - Foreigners can own a domestic Internet domain in
South Korea and a domain can stay alive even after no use over three months
after registration or can be used by someone else from the following year.
The official Korea Network Information Centre (KNIC) said Monday that it
mapped out revisions in current regulations on domain control. The centre will
hold an online hearing on the planned changes in the hope of implementing them
from next year after a board meeting on December 21.
The revisions call for abolition of the provisions on closure of domains
unused for three months, prohibition on domain name lending and borrowing and
limiting one person to one individual domain name.