DAEJEON, May 22 (Korea Bizwire) — The National Assembly passed a bill Wednesday on the creation and management of urban forests, giving momentum to the urban forest development project that the Korea Forest Service (KFS) has been pushing for. Until now, the KFS and local governments have created and managed urban forests based on the [...]
SEOUL, March 6 (Korea Bizwire) — The National Assembly on Thursday voted down a bill intended to loosen the eligibility requirement for the largest shareholder of an internet-only bank. A revision of the Act on Special Cases Concerning Establishment and Operation of Internet-only Banks failed to pass in parliament, as 82 of 184 lawmakers on [...]
SEOUL, Mar. 13 (Korea Bizwire) — South Korea’s parliament passed eight bills intended to better fight fine dust Wednesday as the country is struggling with its worst-ever particle air pollution. The legislation includes a revision to the disaster and safety management law to include high density of particulate matter as a “social disaster.” Such a [...]
BUSAN, Feb. 7 (Korea Bizwire) — With an increasing number of single-person households in South Korea, the Busan Metropolitan Council plans to deliberate on a ‘loneliness prevention’ bill. “We are trying to develop new legislation that can address the loneliness problem, which is becoming a serious social issue resulting in suicide and solitary deaths,” said [...]
SEOUL, Dec. 14 (Korea Bizwire) — A child benefit of 100,000 won (US$88.53) will be paid to families for each child below the age of seven every month starting next September, regardless of their enrollment status at school. The Health and Welfare Committee at the National Assembly passed a bill amending the Child Benefit Act [...]
SEOUL, Dec. 10 (Korea Bizwire) — A bill to amend the Road Traffic Act, also known as the Yoon Chang-ho Bill, was passed at the National Assembly last Friday to change DUI standards for the first time in 57 years. Previously, drivers found to have a BAC (Blood Alcohol Concentration) of more than 0.05 percent [...]
SEOUL, Sept. 4 (Korea Bizwire) — Lee Jeong-mi, a member of the 20th National Assembly and the leader of the Justice Party, has proposed an amendment of a current bill that would make possible punishment of sexual intercourse that takes place without consent. The proposed bill aims to actively protect the rights that individuals have [...]
SEOUL, Nov. 11 (Korea Bizwire) – President Park Geun-hye expressed hope Wednesday that a social security commission will lead the country’s welfare policies. “I hope that (the commission) will always worry and make efforts from the point of the people and build internal stability of social security policies, as well as act as the centripetal [...]