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Seismic Changes Expected in Korean Golfing Culture with New Anti-Graft Law

Seismic Changes Expected in Korean Golfing Culture with New Anti-Graft Law

SEOUL, Aug. 3 (Korea Bizwire) – Golf is an expensive sport to learn in Korea, and although the sport has become more affordable and accessible to ordinary individuals with a rising number of indoor screen golf ranges, the common perception is still that golf is a luxury sport. This is also why it’s a ‘reception [...]

New Anti-Graft Law to Impact Businesses around Korean National Assembly

New Anti-Graft Law to Impact Businesses around Korean National Assembly

SEOUL, July 29 (Korea Bizwire) – The Korean Constitutional Court ruled Thursday to uphold a new anti-graft law, a decision that is likely to affect numerous businesses across Korea.  Better known as the Kim Young-ran law, named after its advocate, the law prohibits government officials, civil servants, journalists, and faculty members of private schools from [...]

Controversial Anti-Graft Law Gets ‘Green Light’ for Full Implementation

Controversial Anti-Graft Law Gets ‘Green Light’ for Full Implementation

SEOUL, July 29 (Korea Bizwire) – The controversial anti-graft law received a “green light” for full implementation after the Constitutional Court ruled Thursday that its various clauses do not conflict with the country’s highest legal principles. The so-called Kim Young-ran law, named after its proposer, prohibits civil servants, journalists and those hired by private schools [...]

Business Community Shows Mixed Reaction to Controversial Anti-Graft Law

Business Community Shows Mixed Reaction to Controversial Anti-Graft Law

SEOUL, July 28 (Korea Bizwire) – South Korea’s business community said Thursday it respects the decision by the country’s top court to uphold the controversial anti-graft law, but it called for measures to minimize the law’s side effects.  The move came soon after the Constitutional Court upheld the so-called Kim Young-ran Law that prohibits civil [...]