Tag: yellow envelope law

yellow envelope law

Latest News

Firms need not bargain over profit-linked bonuses, Labor Ministry says

New guidelines exclude profit-linked bonuses and plant moves from mandatory union bargaining, drawing backlash from labor groups.

2026.9.3

Protesting truckers from the labor union under the Korean Confederation of Trade Unions clash with police officers in front of BGF Logis's warehouse in South Gyeongsang on April 20. [YONHAP]

Cargo union, BGF Logis sign collective agreement after 10 days of conflict

Unionized cargo workers and convenience store chain CU's logistics affiliate signed a collective agreement Thursday, ending a 10-day blockade of the chain's key logistics centers.

2026.4.30

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A shipyard owned by HD Hyundai Heavy Industries [HD HYUNDAI HEAVY INDUSTRIES]

Union calls for profit-sharing spark concerns over eroding competitiveness

Calls from unions on companies to share profits are spreading beyond the semiconductor sector to other industries such as automakers, shipbuilders and defense firms, spurring concerns about eroding competitiveness in key growth drivers.

2026.4.20

The screens show the Kospi, left, the foreign exchange rate between dollar and won and the Kosdaq at a dealing room of Hana Bank in central Seoul on Dec. 30. [AP/YONHAP]

English disclosure requirement for listed firms to expand, 'Yellow Envelope' law to take effect in 2026

A greater number of Korean companies will be required to provide regulatory filings in English starting next year, offering enhanced transparency and wider market access to foreign investors.

2025.12.31

The ″yellow envelope law″ was passed at the National Assembly's plenary session on Thursday. [YONHAP]

Businesses urge president to veto pro-labor amendment

Major business associations are urging President Yoon Suk Yeol to veto a pro-labor bill that would allow unions to stage more industrial actions and restrict striking workers' liability for damages.

2023.11.13

Tag: yellow envelope law

yellow envelope law

Latest News

Firms need not bargain over profit-linked bonuses, Labor Ministry says

Cargo union, BGF Logis sign collective agreement after 10 days of conflict

Most popular

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Union calls for profit-sharing spark concerns over eroding competitiveness

English disclosure requirement for listed firms to expand, 'Yellow Envelope' law to take effect in 2026

Businesses urge president to veto pro-labor amendment