SEOUL, July 30 (Korea Bizwire) — Foreign companies operating in South Korea are voicing strong opposition to the so-called “Yellow Envelope Law,” warning it could significantly raise legal risks and operational burdens — with some even suggesting they may reconsider their presence in the country if the bill passes. The legislation, led by the ruling [...]
SEOUL, Aug. 24 (Korea Bizwire) — The National Assembly on Thursday approved an election law revision banning political posters or banners on the streets until 120 days prior to polling day. Political banners have mushroomed on the streets since the Constitutional Court struck down an election law clause banning political banners until 180 days before [...]
SEOUL, July 18 (Korea Bizwire) – The National Assembly passed a bill Tuesday to toughen the punishment, up to the death penalty, for the killing of newborn babies and related cases of body abandonment amid public outrage over the recent deaths of unregistered infants. The revision of the Criminal Act calls for elevating the punishment [...]
SEOUL, July 17 (Korea Bizwire) — A bill to toughen the punishment for the intentional killing of newborn babies and relevant body abandonment passed a National Assembly committee Monday. The Legislation and Judiciary Committee approved the revision of the Criminal Act, which calls for raising the punishment for infanticide and abandonment of an infant’s body [...]
SEOUL, June 30 (Korea Bizwire) — The National Assembly passed a bill requiring medical institutions to report the births of newborns to local governments Friday, after two unregistered babies were found dead in a refrigerator last week. The revision to the Act on Registration of Family Relations came amid public outrage over shocking revelations that [...]
SEOUL, April 14 (Korea Bizwire) — A ruling People Power Party (PPP) lawmaker on Friday proposed a bill outlawing the butchery and sale of dog and cat meat in what was seen as a bipartisan effort to put an end to the contentious cultural practice. Tabled by Rep. Tae Yong-ho of the PPP, the revision [...]
SEOUL, Sept. 15 (Korea Bizwire) — The minor progressive Justice Party (JP) proposed a bill Thursday that would limit companies from filing compensation suits against labor unions for losses incurred during strikes. Under what is dubbed the “yellow envelope bill,” companies would be banned from filing lawsuits against labor unions and unionized workers for damages [...]
SEOUL, March 8 (Korea Bizwire) — South Korea’s Cabinet on Tuesday approved a revised bill that would ban app store operators from forcing developers to use their own in-app payment systems, the country’s telecommunications regulator said. The revision is a follow-up to the enforcement decree of the Telecommunications Business Act that went into effect in [...]
SEOUL, Jan. 11 (Korea Bizwire) – The National Assembly on Tuesday passed a bill that mandates a union representative be included on public institutions’ boards of directors. The lawmakers approved a bill during a plenary session that dictates public firms and quasi-public institutions must appoint one nonexecutive director recommended or picked by the head of [...]
SEOUL, Jan. 10 (Korea Bizwire) — A parliamentary committee on Monday approved a bill on lowering the age at which people can join a political party, a move seen as aimed at wooing young voters ahead of the March presidential election. The Legislation and Judiciary Commission passed the revised bill that calls for lowering the [...]