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Sign Language Translation Coming to Disaster Broadcasts

Sign Language Translation Coming to Disaster Broadcasts

SEOUL, Apr. 12 (Korea Bizwire) – A series of disaster-related bills have been proposed by the National Assembly amid frequent fires, including wildfires in Gangwon Province. Rep. Kang Byong-won of the ruling Democratic Party announced on Thursday that he would propose a revision to the Act for Development of Broadcasting and Communications that requires broadcasters to provide [...]

Hyundai Motor Given Green Light to Set Up Hydrogen Charging Station in Parliament

Hyundai Motor Given Green Light to Set Up Hydrogen Charging Station in Parliament

SEOUL, Feb. 11 (Korea Bizwire) — South Korea on Monday said it will allow Hyundai Motor Co. to set up a hydrogen charging station in parliament for fuel cell electric vehicles in a symbolic gesture that underscores Seoul’s commitment to boosting the hydrogen economy. Hyundai Motor, the world’s first mass-producer of hydrogen fuel cell electric [...]

New Law Obligates Mobile Carriers to Offer Compensation for Network Outages

New Law Obligates Mobile Carriers to Offer Compensation for Network Outages

SEOUL, Nov. 30 (Korea Bizwire) — A bill that obligates mobile service providers to compensate for network errors passed the Science, ICT, Broadcasting, and Communications Committee at the National Assembly on Thursday. The news comes after KT Corp.’s Ahyeon Branch Office in Seoul recently caught fire, shutting down mobile and Internet network traffic in the [...]

Parliament Passes Bill on Reduced Working Hours

Parliament Passes Bill on Reduced Working Hours

SEOUL, Feb. 28 (Korea Bizwire) – The National Assembly on Wednesday passed a bill aimed at shortening working hours despite businesses’ concerns about increased labor costs. The revision to the Labor Standards Act calls for reducing the country’s maximum statutory working hours to 52 hours a week from the current 68 hours. The working hours under the revision comprise 40 hours a week and up to 12 hours for overtime work. Under the current rule, [...]

Samsung Group Chairman Lee Kun-hee ‘s Offshore Account May Cost Him at Insurance Subsidiary

Samsung Group Chairman Lee Kun-hee ‘s Offshore Account May Cost Him at Insurance Subsidiary

SEOUL, Nov. 28 (Korea Bizwire) – Samsung chairman Lee Kun-hee’s position as the largest stakeholder of Samsung Life Insurance is in jeopardy after speculation over the existence of a secret offshore account was corroborated in a National Policy Committee meeting held on November 27. Politician Park Chan-dae said, “Chairman Lee’s eligibility as the largest stakeholder [...]