SEOUL, April 2 (Korea Bizwire) — As the number of foreign nationals in South Korea with voting rights to participate in next week’s Seoul and Busan mayoral by-elections reached more than 40,000 people, some sentiments are raising questions as to why they can vote. Experts argue, however, that voting rights are their legal entitlement. In [...]
SEJONG, Oct. 16 (Korea Bizwire) — South Korea’s finance minister said Friday that the government plans to introduce multiple voting rights for non-listed venture startups to help shareholders strengthen their control over companies. Finance Minister Hong Nam-ki said the scheme is aimed at encouraging venture startups to get major investment deals, while defending companies against [...]
SEOUL, May 10 (Korea Bizwire) – South Korean minors who have yet to reach the legal voting age also chose Moon Jae-in as the new president in a mock election arranged by YMCA Korea. Of a total of 51,715 votes, President Moon received 39.14 percent of all ballots at 20,245, officials said Wednesday. Unlike the [...]