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Source: Pixabay / viarami South Korea’s Financial Services Commission (FSC) has announced a proposal to amend its Enforcement Decree of the Credit-Specialized…

Proposed Bill: Partial Amendment to the Act on Labeling and Advertising of Foods Proposed by Rep. Hwang Hee (Democratic Party of Korea) ● An increasing number of food manufacturing companies have been reducing the volume of their products while maintaining or raising their prices. However, these changes in quantity are not as easy for consumers to notice as price increases. Therefore, this amendment aims to protect ...

Gender ministry only inspected 2% of over 2,600 sexual abuse cases in public sectors: Report Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.

  Over 2,600 cases of sexual violence and harassment were reported in public organizations nationwide over the past two years, with the Ministry of Gender Equality and Family responding to just over 50 cases for on-site inspection, the ministry's data showed Tuesday. Some 18,000 government offices, institutions and schools recorded 2,620 cases of sexual abuse from July 2021 until June this year, according to dat...

The South Korean government will raise the threshold for major shareholders' capital gains tax to those holding 5 billion won ($3.83 million) worth of stocks from the current 1 billion won, the Finance Ministry announced Thursday. The Ministry of Finance will revise the capital gains tax regulation in the Enforcement Decree of the Income Tax Act. As it falls under an enforcement ordinance, the government does no...