Yellow Envelope News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Korea’s six largest business lobbies held a press conference, Monday, condemning the passage of a bill at the National Assembly last Thursday for labor-friendly revisions to the Trade Union and Labor Relations Adjustment Act.

South Korea's major business lobby groups on Monday requested that President Yoon Suk Yeol exert his veto power against a pro-labor union revision bill unilaterally passed by the main opposition party last week. The so-called Yellow Envelope bill, a revision to the Labor Union and Labor Relations Act, aims to limit companies from filing damage suits and provisional seizures against workers on strike, as well as ...

A bill to amend Articles 2 and 3 of the Trade Union Act passed the National Assembly’s plenary session on Nov. 9. The amendment bill will help unionized workers bargain with their “real users” and better protect them from management’s murderous demands for damage compensation.

The majority opposition Democratic Party of Korea last Thursday passed the so-called Yellow Envelope bill and three bills relating to broadcasting. All of the ruling People Power Party lawmakers boycotted the vote in protest. The Yellow Envelope bill, a revision to the Labor Union and Labor Relations Act, allows employees of subcontractors to demand that main contractors enter collective bargaining with them and to s...

The majority opposition Democratic Party of Korea last Thursday passed the so-called Yellow Envelope bill and three bills relating to broadcasting. All of the ruling People Power Party lawmakers boycotted the vote in protest. The Yellow Envelope bill, a revision to the Labor Union and Labor Relations Act, allows employees of subcontractors to demand that main contractors enter collective bargaining with them and to s...