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S. Korea Endorses Bill Mandating Carbon Neutrality by 2050

S. Korea Endorses Bill Mandating Carbon Neutrality by 2050

SEOUL, Sept. 1 (Korea Bizwire) — South Korea’s parliament has passed a bill mandating over a 35 percent cut in greenhouse gas emissions by 2030 to eventually achieve carbon neutrality by 2050. The National Assembly passed the so-called “climate crisis response” act Tuesday night at a general voting session, becoming the 14th country in the [...]

No Consensus on Legislation Banning Deadbeat Parents from Inheriting Their Children’s Property

No Consensus on Legislation Banning Deadbeat Parents from Inheriting Their Children’s Property

SEOUL, Oct. 30 (Korea Bizwire) — Shameless parents who claim the wealth of late children they abandoned are angering the public. Such cases have been brought to light repeatedly but the National Assembly remains prudent when it comes to the revision of related laws. A total of five legislative bills designed to block such shameless [...]

Gov’t Seeks Legislation on Expanding Class Actions to All Fields

Gov’t Seeks Legislation on Expanding Class Actions to All Fields

SEOUL, Sept. 24 (Korea Bizwire) — The government will propose a bill that will make class actions available in all areas beyond the securities field, the justice ministry said Thursday, in an effort to solve collective disputes and compensate victims more efficiently. The Ministry of Justice said it will announce the legislation plan Monday to [...]

Gov’t to Promote Production, Use of Ultra-small Cars

Gov’t to Promote Production, Use of Ultra-small Cars

SEOUL, Dec. 22 (Korea Bizwire) — The government said Friday it will push legislation early next year to promote the production and use of supermini vehicles as a means of saving energy. Ultra-small vehicles will include those with less than 250 cc in engine capacity or 15kW in rated output, that are lighter than 600 [...]

Gov’t Passes Legislation Banning Installation of All Cameras at Bathhouses, Restrooms

Gov’t Passes Legislation Banning Installation of All Cameras at Bathhouses, Restrooms

SEOUL, Dec. 19 (Korea Bizwire) — The Cabinet approved a bill Tuesday that calls for banning the installation of all filming or photographing devices at public bathhouses, restrooms and other places vulnerable to privacy violations. The legislation, which the Ministry of the Interior and Safety plans to submit to the National Assembly for approval, is [...]