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July 17, 2023
Proposed bill: Partial Amendment to the Act on Promotion of Information and Communications Network Utilization and Information Protection Proposed by Rep. Hong Suk-joon (People Power Party) ● In response to increasing cybersecurity risks, there have been growing calls for the reinforcement of security functions in communication equipment. This amendment enables the Minister of Science and ICT to implement an informa...
July 10, 2023
The Korea Herald republishes a weekly legislative report by local law firm DR & AJU LLC to provide the latest information on bills approved, proposed, pending and set to be promulgated. -- Ed. Proposed bill: Partial Amendment to the Act on the Promotion of Mutually Beneficial Cooperation Between Large Enterprises and Small and Medium Enterprises Proposed by Rep. Lee Dong-ju (Democratic Party of Kore...
July 3, 2023
Proposed Bills: Partial Amendment to the Act on Special Measures for Strengthening and Protecting the Competitiveness of National High-Tech Strategic Industries Proposed by Rep. Cho Jung-hun (Transition Korea) ● Given the increasing awareness of the importance of advanced technology for maintaining economic stability, it has become a global trend to promote the growth of high-tech industries and strengthen technolog...
June 28, 2023
Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the Japanese original shall prevail. OBAYASHI CORPO...
June 26, 2023
Proposed bill: Partial Amendment to the Act on Prevention of Divulgence and Protection of Industrial Technology Proposed by Rep. Song Eon-Seog (People Power Party) ● Under the current Criminal Act, brokers who arrange job transfers with the precondition of divulging industrial technology often go unpunished or receive lenient penalties. This amendment imposes civil liability on brokers to discourage them from...
June 22, 2023
NEC Corporation Securities Code 6701 7-1, Shiba 5-chome, Minato-ku, Tokyo Takayuki Morita President June 22...
June 20, 2023
Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the... | June 20, 2023
June 20, 2023
Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the... | June 20, 2023
June 20, 2023
This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original,... | June 20, 2023
June 19, 2023
Proposed bill: Partial Amendment to the Act on Restriction of Special Taxation Proposed by Rep. Kim Sang-hoon (People Power Party) ● The South Korean government has recently enhanced tax support for facility investments in semiconductors and other national strategy industries to bolster domestic production capabilities. However, the offered tax credits can only be claimed via corporate tax deductions, which means th...