SEOUL, Feb. 14 (Korea Bizwire) — The National Assembly on Tuesday adopted a resolution urging swift support measures for quake-hit Turkey and Syria. The resolution passed the assembly’s plenary session with an endorsement of 228 of 229 seated lawmakers. One was an abstention vote. The resolution centers on supporting rescue and restoration operations in the [...]
SEOUL, Dec. 24 (Korea Bizwire) — The National Assembly on Saturday passed the 638.7 trillion won (US$497 billion) of government budget for 2023 as well as bills to cut corporate tax rate and delay financial investment income tax amid signs of economic slowdown. The ruling People Power Party (PPP) and the main opposition Democratic Party [...]
SEOUL, Dec. 15 (Korea Bizwire) — The National Assembly Secretariat announced Wednesday the deployal of an artificial intelligence (AI) robot that provides guide tours and answers questions. The self-driven robot, dubbed “QI,” offers commentary about the National Assembly in four languages — Korean, English, Chinese and Japanese. A six-week trial ended successfully, and the robot [...]
SEOUL, Oct. 27 (Korea Bizwire) — The National Assembly has decided to refer the head of Google Korea to prosecutors for perjury during the parliamentary audit. Kim Kyung-hoon, the country director for Google’s local unit, appeared as a witness at the parliamentary audit of the Korea Communications Commission led by the Science, ICT, Future Planning, [...]
SEOUL, Aug. 16 (Korea Bizwire) — Microsoft co-founder Bill Gates on Tuesday called for South Korea to become a “leader” in global health cooperation to help end infectious diseases like COVID-19. “Korea is poised to be a leader in this work,” Gates said in his address to the parliamentary budget committee at the National Assembly, [...]
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 [...]