Page 11 - Enforcement Decree News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Proposed bill: Partial Amendment to the Petroleum and Alternative Fuel Business Act Proposed by Rep. Lee In-seon (People Power Party) ● Following the introduction of special deregulations that allow petroleum refiners to use pyrolytic oil -- a substance produced by recycling waste plastic or tires -- diluted with crude oil in petrochemical and refinery processes, this amendment establishes legal grounds for petroleu...

Proposed bill: Partial Amendment to the Financial Investment Services and Capital Markets Act Proposed by Rep. Lee Wong-woo (Democratic Party of Korea) To prevent the exploitation of callable convertible bonds (CB) for deceptive gain and power, this amendment prohibits stock-listed corporations from selling the call options of the CB or bonds with warrant (BW) to their largest shareholder or affiliated persons. It al...

Children born in hospitals but whose births were never registered by their parents will now be added to a state system that manages their welfare, even though they do not have a designated registration number, following the revision of an enforcement decree. The government has decided to include the temporary numbers created and given to newborns when they get various vaccinations right after birth in its e-Child Hap...

Proposed bill: Partial Amendment to the Monopoly Regulation and Fair Trade Act Proposed by Rep. Kim Han-kyu (Democratic Party of Korea) ● Although the current law stipulates stringent penalties against the provision of unfair benefits to specially related parties, the effectiveness of such penalties is limited due to the insufficient time frame given by the current statute of limitations. This amendment extends the ...

Local refiners are under pressure to join government efforts to stabilize fuel prices amid its decision to extend the petroleum tax reduction period until the end of October, an industry official said, Friday.