Lee urges cooperation between big and small businesses as 'survival strategy'

President Lee Jae Myung stressed that cooperation between large and small businesses is an "investment and survival strategy" in a meeting with businesspeople on Tuesday, the first day the pro-labor "Yellow Envelope" act came into force.

2026-03-10

'Yellow Envelope' law a new start for worker, management co-prosperity: chief of staff

President Lee Jae Myung's chief of staff said Monday the revised labor law aimed at broadening workers' bargaining rights should serve as a starting point for promoting dialogue and co-prosperity between labor and management.

2026-03-09

Korea's renewed shipbuilding boom reignites grievances over subcontractor bonuses

As profits return to Korea’s shipyards after years of stagnation, so has an old fault line. A dispute over performance bonuses is exposing persistent inequalities between full-time workers and subcontracted labor that underpins much of the industry.

2026-01-26

Upcoming 'Yellow Envelope' Act driving higher subcontractor bonuses, employer concerns

With the so-called Yellow Envelope Act — amendments to Articles 2 and 3 of the Trade Union and Labor Relations Adjustment Act — set to take effect in March next year, disputes over “subcontractor bonuses” are heating up.

2025-12-21

Business groups urge lawmakers to reconsider DP's labor bill

Business groups urge lawmakers to reconsider the "Yellow Envelope Act," fearing increased labor disputes and economic impact.

2025-08-20

Amcham head says pro-labor Yellow Envelope Act could 'undermine Korea'

Amcham and industry groups oppose the Yellow Envelope Act, fearing it could harm Korea's competitiveness and complicate labor negotiations.

2025-07-30

'Yellow Envelope Bill' could weaken Korea's appeal to foreign companies, Amcham head says

The American Chamber of Commerce in Korea (Amcham) voiced strong opposition Wednesday to a proposed labor bill that would limit companies’ ability to seek damages from workers or unions over strike-related losses.

2025-07-30

8 major business groups urge parliament to reconsider 'Yellow Envelope Act'

Eight of Korea’s largest business associations urged the National Assembly to reconsider two major legislative proposals, the “Yellow Envelope Act” and amendments to the Commercial Act, warning of consequences for the economic environment.

2025-07-29

korea joongAng daily