Page 6 - Enforcement Decree News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Proposed Bill: Partial Amendment to the Software Promotion Act Proposed by Rep. Yoon Doo-hyun (People Power Party) ● This amendment aims to minimize quality problems in software projects by allowing companies to participate in public domain software projects based on capacity. It exceptionally allows large enterprises to engage in design and planning projects that are ordered separately from software development pro...

Proposed bill: Special Act on the Change of Jurisdiction of Gyeonggi Province and Seoul Metropolitan City Proposed by Rep. Cho Kyoung-tae (People Power Party) ● Due to its geographical location, Gimpo citizens interact more with Seoul than other parts of Gyeonggi Province, with a high percentage of its population commuting from Gimpo to Seoul. Therefore, this bill aims to resolve the disparity between the administra...

South Korea's Financial Services Commission (FSC) is scheduled to release a guidance that will see investors earn interest on their deposits.

Proposed bill: Partial Amendment to the Act on the Protection of Financial Consumers Proposed by Rep. Kim Sung-joo (Democratic Party of Korea) ● Persisting high prices and interest rates have benefited certain financial companies at the expense of financially vulnerable people and small-business operators. This amendment requires financial companies with a net interest margin exceeding 120 percent of their average n...

News has emerged that famous franchise CEOs in the food service industry were severely criticized during an inspection conducted by the National Assembly. Abuse of power and unfair contracts in the franchise sector have been continuously pointed out as chronic issues. At this juncture, a better understanding on franchises and the Fair Trade Commission is needed. We will examine the related issue with Jeong Yeon-jae, ...