Some customers who have yet to receive refunds from e-commerce platforms Tmon and WeMakePrice due to a liquidity crisis surrounding the companies will get their money back by the end of this week, officials said Tuesday. Finance Minister and Deputy Prime Minister Choi Sang-mok announced that the refund process for the customers who purchased products other than travel services or gift cards on the two imperiled e-commerce platforms would be completed by “the end of this week,” in a b

Politics Aug. 6, 2024

The opposition-led National Assembly on Monday passed a pro-labor bill that seeks to limit employers from filing damage claims against workers during legitimate disputes and requires them to engage in collective bargaining with subcontractor labor unions, amid ongoing protest from the ruling party over the bill. The bill, dubbed the “Yellow Envelope Bill," which is a revision to the Trade Union and Labor Relations Adjustment Act, passed in a 177-2 vote during an afternoon plenary sess

Politics Aug. 5, 2024

Partisan gridlock in the National Assembly is unlikely to cease in upcoming weeks, with the opposition-led parliament having either passed or eyeing to vote in favor of more contentious bills, which President Yoon Suk Yeol is expected to veto. The opposition-led National Assembly late last month passed four broadcasting bills aimed at reducing the Yoon administration’s influence over public broadcasters, alongside a pro-labor revision bill to the Trade Union and Labor Relations Adjustment

Politics Aug. 4, 2024

People Power Party Rep. Jeong Jeom-sig, who is considered part of pro-Yoon Suk Yeol faction within the party, announced his resignation from his post as the party's policy chief, or a member of the party's supreme council, on Thursday. Jeong, in a surprise press conference held in the afternoon, said that he had decided to do so to prevent a further "split" in the ruling party. He added that current People Power Party Chair Han Dong-hoon requested him to resign. "It was

Politics Aug. 1, 2024

Opposition parties on Thursday proposed a parliamentary impeachment motion against the new head of the state broadcasting regulator Lee Jin-sook who took office Wednesday, accusing her of making key decisions "unfairly" with only two of the five commissioners currently in office. The main opposition Democratic Party and five other minor parties floated an impeachment motion against the new regulator chief during a National Assembly plenary session held Thursday afternoon. This marks th

Politics Aug. 1, 2024

President Yoon Suk Yeol on Wednesday officially approved Lee Jin-sook, a former journalist of Munhwa Broadcasting Corp., as the new chief of the country’s top broadcasting regulator amid threats from the main opposition to propose an impeachment motion against her. Lee’s term as the new chief of the Korea Communications Commission immediately began Wednesday, with the 63-year-old former reporter and ex-CEO of the public terrestrial broadcaster's Daejeon branch pledging to &ldquo

Politics July 31, 2024

All four contentious bills aimed at reducing the Yoon Suk Yeol administration’s influence over public broadcasters here were passed by the opposition-led National Assembly Tuesday. The Assembly passed the revision to the Korea Educational Broadcasting System Act, railroaded by the main opposition Democratic Party of Korea, in a 189-0 vote during a plenary session in the morning. The move marks the passage of the last of four contentious broadcasting bills, with the amendments to the Broadc

Politics July 30, 2024

First lady Kim Keon Hee’s absence at an opposition-led parliamentary hearing on Friday sparked a protest by opposition parties, while the ruling party came to her defense. Kim and her mother failing to appear as witnesses at the hearing organized by the National Assembly’s Legislation and Judiciary Committee Friday morning, to review an online petition with some 1.4 million signatures calling for the impeachment of her husband President Yoon Suk Yeol. The impeachment motion against Y

Politics July 26, 2024

A bill recently vetoed by President Yoon Suk Yeol that would mandate a special counsel investigation into the Defense Ministry's and military's response to a Marine's death, was scrapped at the National Assembly on Thursday amid intensifying bipartisan struggle. The revote had 194 votes in favor to 104 against the bill. Overriding a presidential veto requires a majority of the 300-member body to be present with two-thirds of them in favor. There was one abstention in the revote th

Politics July 25, 2024

The leadership race for the two major parties here heated up in recent days, with the main opposition kicking off its primaries and the ruling party wrapping up its weekslong contest with an election scheduled for Tuesday. Ex-main opposition leader and Democratic Party of Korea Rep. Lee Jae-myung on Sunday won a primary in Gangwon Province, the third of the 15-leg race across the country, as he tries to secure a second term. Lee won a whopping 90.02 percent of the total ballots cast by registere

Politics July 21, 2024

South Korea’s Supreme Court on Thursday ruled in favor of a same-sex couple, who sought to receive the same spousal coverage as heterosexual couples from the National Health Insurance Service. Under the current law, South Korea does not legally recognize same-sex marriage. However, Thursday’s ruling marks the first time that the top court recognized the legal rights of a same-sex couple. The top court’s landmark ruling upholds a high court’s decision in February last year

Social Affairs July 18, 2024

Prosecutors on Wednesday requested an arrest warrant for Kim Beom-su, the founder of Kakao Corp., on charges of involvement in suspected illegal stock manipulation during the tech giant’s acquisition of K-pop powerhouse SM Entertainment last year. The Seoul Southern District Prosecutors Office filed a warrant for Kim over allegations of violating the Financial Investment Services and Capital Markets Act. The move comes a week after prosecutors grilled Kim for about five hours on suspicions

Social Affairs July 17, 2024

The ruling conservative party’s leadership race has been plagued by violence, as supporters of different candidates clashed during a joint campaign speech event held early this week. Videos of the speech event held Monday in the central city of Cheonan, South Chungcheong Province, showed apparent supporters of former People Power Party interim leader Han Dong-hoon and ex-Land Minister Won Hee-ryong embroiled in a physical altercation. A YouTuber, who is an apparent supporter of Won, yelled

Politics July 17, 2024

The nominee to head the National Tax Service on Tuesday apologized for controversies surrounding his master’s degree thesis, which included allegations of plagiarism and using “inappropriate terms” to describe the May 18 Gwangju Democratic Uprising. Kang Min-soo, the former chief of the Seoul Regional Tax Office, who was tapped by President Yoon Suk Yeol as the next commissioner of the NTS, was recently accused of using terms that describe the previous military Chun Doo-hwan

Politics July 16, 2024

South Korea’s two largest political parties have decided to bolster security measures for their respective leader candidates, as both party conventions are scheduled to be held by the end of next month, sources close to the matter said Monday. The moves follow the assassination attempt on former President Donald Trump in Pennsylvania, the US, last week, prompting concerns about political violence here as well. With only a few weeks left until its July 23 party convention, the ruling People

Politics July 15, 2024