SEOUL, Dec. 4 (Korea Bizwire) — The National Assembly passed the 2022 government budget Friday, a record high amount of 607.7 trillion won (US$516.3 billion) to cope with the economic fallout of the COVID-19 pandemic and other expenses. The bill’s passage came a day after the legal deadline, as last-minute negotiations between the ruling Democratic [...]
SEOUL, Aug. 24 (Korea Bizwire) — A subcommittee of the National Assembly House Steering Committee on Tuesday passed a bill aimed at building a branch of parliament in the central city of Sejong, a key national project to promote balanced development across the country. Both ruling and opposition party members of the panel endorsed the [...]
SEOUL, July 24 (Korea Bizwire) — The National Assembly on Saturday gave the nod to a 34.9 trillion-won (US$30.3 billion) extra budget bill aimed at propping up the economy battered by the COVID-19 pandemic. The bill was passed at a plenary parliamentary meeting in a 208-17 vote, with 12 abstentions. The second extra budget this [...]
SEOUL, June 16 (Korea Bizwire) — The National Assembly has teamed up with the business and science communities to establish a forum to study the economics of environmental, social and governance (ESG). The Embracing Nation ESG Forum held an inauguration ceremony at the building of the Federation of Korean Industries (FKI) in Yeouido, Seoul on [...]
SEOUL, Dec. 1 (Korea Bizwire) — The National Assembly passed a bill Tuesday that would allow globally recognized male pop culture artists to postpone their mandatory military duties. The assembly’s plenary session gave the nod to the bill on revising the Military Service Act to grant an exceptional right to defer national defense duties to [...]
SEOUL, Nov. 20 (Korea Bizwire) — The National Assembly said Friday it plans to expand the number of its in-house electric vehicle (EV) charging stations by twofold by next year. The assembly complex, located in Seoul’s western ward of Yeongdeungpo, will double the number of its EV stations from the current 11 to 22 by [...]
SEOUL, Nov. 3 (Korea Bizwire) — Representatives at the National Assembly are scrambling to collect donations to prepare for next year’s activities. This year, district representatives can collect up to 300 million won (US$265,500) while proportional representatives can collect up to 150 million won. Members of the ruling Democratic Party are speeding up efforts to [...]
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 [...]
SEOUL, Oct. 12 (Korea Bizwire) — South Korea’s parliament said Monday it has adopted a hydrogen fuel-cell electric bus as it pushes to promote hydrogen-powered vehicles. The National Assembly became the country’s first state organization to adopt a hydrogen bus, and it will use the zero-emission bus to help transport people within the parliament and [...]
SEOUL, Aug. 6 (Korea Bizwire) — A red mini dress sported by a young female lawmaker during the latest assembly session is stirring up a heated spat over what is suitable for female lawmakers to wear on duty. Rep. Ryu Ho-jeong of the progressive minor Justice Party drew public attention as photos of her walking [...]