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South Korea Passes A Bill To Protect Underage K-Pop Stars From Being Exploited and Overworked

The South Korean government is expanding labor protections to prevent the exploitation of underage K-pop stars. On April 20, South Korea’s Ministry of Culture, Sports and Tourism passed an amendment to the Popular Culture and Arts Industry Development Act. One of the issues the new amendment tackles is the lack of transparency in young entertainers’ contracts, which has historically led to stars becoming stuck in exploitative, binding agreements.
South Korea Kyongsang Bukto South Korean Korea Ministry Of Culture Arts Industry Development Popular Culture

SC Bank Korea begins event offering high-interest returns

Standard Chartered (SC) Bank Korea has launched an event offering high-interest returns to new customers who subscribe to the “Jaeil EZ Account” through the end of May. The Seoul-based lender offers up to a 3.6 percent per annum interest rate on a pre-tax basis for the checking-account product even if account holders deposit funds for just a single day.
South Korea Soult Ukpyolsi Yoon Ja Young Standard Chartered Sc Bank Korea Sc Bank Korea Standard Chartered

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