Liquidity worth 500 billion won to be funneled to cushion vendors of Tmon, WeMakePrice soon, officials say

Prime Minister Han Duck-soo on Tuesday advised President Yoon Suk Yeol to strike down four bills sponsored by the main opposition that are designed to curtail Yoon's influence over the boardroom reshuffle of South Korea's public broadcasters or their highest direct authorities. This comes as the latest in a prolonged tit-for-tat in South Korea's political landscape, where Yoon's political opponents continue to ram bills -- including ones similar to those already vetoed -- thr

The Cabinet passed a motion Tuesday calling for parliamentary reconsideration of four bills aimed at changing the governance structure of public broadcasters. The motion, passed a week after the last of the four bills was railroaded by the opposition-controlled National Assembly, will be sent to President Yoon Suk Yeol. Should Yoon endorse it, the bills will be sent back to the Assembly for a revote. Three of the bills call for amending the Broadcasting Act, the Foundation for Broadcast Culture

Ruling party to recommend Yoon to veto the bill

President Yoon Suk Yeol is considering delivering a speech to the nation over a set of domestic reform agendas to address crises in the fields of education, labor, medicine, and population, as well as the public pension's sustainability later this month, according to the presidential office Monday. According to the presidential office, Yoon will make public remarks after he returns to his post from his summer vacation next week, and before the first regular session of the 22nd National Asse

Proposed Bill: Partial Amendment to the Distribution Industry Development Act Proposed by Rep. Choi Soo-jin (People Power Party) ● The current act prescribes the establishment and modification registration of superstores and quasi-superstores in traditional commerce preservation areas, requiring persons who intend to open superstores, etc., to register and submit an evaluation report on the store’s impact on commercial districts and a regional cooperation plan. The act also requires the Ma

Ruling party floor leader accuses main opposition of purposely upping Yoon’s veto count as grounds for impeachment

President Yoon Suk Yeol will leave for a summer vacation next week, his office said Friday. Yoon is scheduled to go on vacation starting next Monday, but the exact duration or itinerary have not been fixed and remain flexible, an official from the presidential office said. The official added that Yoon may visit a regional military facility to meet and encourage servicemen or a marketplace to inspect people's livelihoods, the official said. Earlier this week, Yoon urged Cabinet members to fu

Yoon’s office likens opposition-led impeachment bill to North Korean trash balloons

TAIPEI, Taiwan -- Foreign lawmakers from 24 countries gathered in Taipei, Taiwan to discuss China’s growing belligerence in the region at an annual meeting Tuesday. There was no South Korean representation at the meeting. South Korea currently has no member lawmakers on the Inter-Parliamentary Alliance on China, a group bringing together lawmakers from dozens of countries concerned about how democracies deal with Beijing. Both of the South Korean inaugural co-chairs -- former lawmakers Ji

The number of patients hospitalized after being diagnosed with COVID-19 surged fivefold in three weeks to late July, government data showed Friday. According to the Korea Disease Control and Prevention Agency, the number of inpatients diagnosed with COVID-19 during the fourth week of July reached 465, up over five times from the first week of the month at 91. Through the first four weeks of July, 929 patients were hospitalized for the highly contagious disease affecting the human respiratory sys

South Korea's ruling People Power Party filed a motion Friday to expel opposition Democratic Party of Korea Rep. Rep. Choi Min-hee over alleged discriminatory comments against a North Korean defector-turned-lawmaker. The controversy came about at a Monday confirmation hearing for state broadcasting regulator chief Lee Jin-sook. Choi, chairing the Assembly's Science, ICT, Broadcasting and Communications Committee, reportedly told People Power Party Rep. Park Choong-kwon, who defected fr

A bill to dole out cash-equivalent vouchers universally to every South Korean citizen gained parliamentary approval at the opposition-controlled National Assembly on Friday, about four months after opposition leader Rep. Lee Jae-myung proposed the scheme. The 13 trillion-won ($9.4 billion) bill, designed to offer 250,000 won cash coupons to the entire 50 million population across the country, won 186 votes from 187 lawmakers present at the National Assembly. In South Korea's political lands

Han Dong-hoon, chair of the ruling People Power Party, nominated four-term lawmaker Rep. Kim Sang-hoon as the new policy chief of the ruling party, which would also make him one of the nine members of the party's supreme council, in an apparent move to tighten his grip on the party's decision-making body. The nomination of Kim will likely be confirmed at a general assembly of the People Power Party lawmakers next week. Han told reporters Friday that Kim is "highly competent."

People Power Party Rep. Jeong Jeom-sig, who is considered part of pro-Yoon Suk Yeol faction within the party, announced his resignation from his post as the party's policy chief, or a member of the party's supreme council, on Thursday. Jeong, in a surprise press conference held in the afternoon, said that he had decided to do so to prevent a further "split" in the ruling party. He added that current People Power Party Chair Han Dong-hoon requested him to resign. "It was