The core of the enforcement decree revision for the “Yellow Envelope Law” (amendments to Articles 2 and 3 of the Trade Union Act) announced by the Ministry of Employment and Labor on Nov. 24 is that if companies (original contractors) and subcontractor unions fail to reach an agreement on joint nego
Conflict continues between Seoul City and the central government over the plan to construct high-rise buildings up to 142m in height in the Sewoon District 4 area in front of Jongmyo Shrine. While the central government raises the possibility of losing World Cultural Heritage status, Seoul City dism
The employment rate of married women with children under 18 years old recorded the highest level since statistics began during the first half of this year, showing that the labor market exit of married women has notably decreased. The number of women with career interruptions has also fallen to the
The Korea Forest Service (Director Kim In-ho) announced on Nov. 20, that it held the ‘6th Korea-Canada Forest Cooperation Committee Meeting’ via video conference.The meeting was attended by Nam Song-hee, International Forest Cooperation Officer, as Korea’s chief representative, and Joyce Henry, Dire
President Lee Jae Myung, who is on a state visit to the United Arab Emirates (UAE), secured $35 billion in investments from the UAE through the Korea-UAE summit on Nov. 18 (local time), including $20 billion in artificial intelligence (AI) and $15 billion in the defense industry. The UAE’s investmen
The government announced on Nov. 18 that it won the annulment application case filed in objection to the International Investment Dispute Settlement (ISDS) arbitration ruling related to the sale of Korea Exchange Bank by foreign private equity fund Lone Star. The government also decided to recover t
President Lee Jae Myung, who is on a state visit to the United Arab Emirates (UAE), announced on Nov. 18 (local time) that cooperation between Korea and the UAE would be expanded from the four pillars of investment, defense, nuclear power, and energy to future-oriented fields such as artificial inte
Discussions began on Nov. 12 within a labor-management-government task force (TF) to reform employment insurance coverage criteria from "working hours" to "income"-based standards for the introduction of "National Employment Insurance."The Ministry of Employment and Labor launched the Employment Ins
The Korea Enterprises Federation (KEF) has publicly criticized the government’s proposed extension of the legal retirement age to 65, stating that “only regular workers at large corporations with unions will benefit.” The federation proposed post-retirement re-employment and wage system reforms as a
The number of employed persons in October increased by 193,000 compared to last year, and the growth returned to the 100,000 range after one month.According to the “October Employment Trends” report released by the Ministry of Data and Statistics on Nov. 12, the number of employed persons last month
On October 20, "Meet the Sea Along the Yellow River" Dongying City Promotion Conference and Sun Tzu Cultural Tourism Festival (South Korea Branch) Held in Yangju City, Gyeonggi Province, South Korea. According to Li Hao, the Korean Executive Representative of the “China-Korea Sister City Exchange Pr
The government and ruling party have decided to set the 2035 Nationally Determined Contribution (NDC) target at 53-61% compared to 2018 levels, much higher than the 48% reduction target originally proposed by the industrial sector. Critics point out that the new target is impossible to achieve witho
The Presidential Office has revealed the reason for the delayed announcement of the “Joint Fact Sheet” containing details of Korea-U.S. tariff and security negotiations.The delay is due to security issues, including the construction of nuclear-powered submarines, and the office has reaffirmed its po
The government is establishing a new “National Scientist” system to secure science and technology talent by selecting outstanding researchers to provide 100 million won annually and have them participate in national policy formulation.Park In-kyu, director of the Science and Technology Innovation He
The government has proposed a new Nationally Determined Contribution (NDC) to cut greenhouse gas emissions by at least 50 percent from 2018 levels by 2035. The current NDC calls for a 40 percent reduction by 2030, meaning the goal will be raised by an additional 10 percentage points over the next de
As the government accelerates its artificial intelligence transformation (AX), the Ministry of the Interior and Safety (MOIS) will establish a new “Office of Artificial Intelligence Government.” Through this, the ministry aims to speed up AX initiatives in the public sector and ultimately build a “d
The population classified as “being in a state of rest” -- those who have not engaged in job-seeking activities without specific reasons such as education, childcare, or illness over the past year -- exceeded 2.64 million, marking the highest figure since statistics compilation began in 2003. Partic
President Lee Jae Myung ordered a complete halt to government asset sales currently underway or under review on Nov. 3. This directive was delivered to all ministries and appears to stem from his assessment that systemic improvements are needed following revelations that state property was sold in b
The Coupang Partners Association (CPA), which represents about 10,000 Coupang contracted delivery workers, publicly opposed the Korean Confederation of Trade Unions’ (KCTU) push for night delivery restrictions on Nov. 3. The CPA strongly criticized the KCTU’s claim as “armchair theory that ignores t
The City of Busan announced on November 3 that Vietnamese President Vo Van Thuong made an official visit to Busan on November 1, after concluding his schedule at the Asia-Pacific Economic Cooperation (APEC) Summit in Gyeongju.During the official reception held at the ASEAN Culture House, Mayor Park
