South Korea's unicameral national legislature, responsible for lawmaking, budget approval, and oversight of the government.
Bank of Korea official Kim Dong-sup said the bank has no plan for a retail CBDC and only banks can hold Project Hangang's digital money. Commercial banks keep the customer in a pilot already used for a government EV-charger subsidy.
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Korea's parliamentary finance committee says the planned Future Response Fund would let the government fill tax shortfalls without a supplementary budget. Its review says the Assembly would lose its vote before the money moves and get a report after it.
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Lee So-young, Korea's SME minister, wants the digital Onnuri voucher discount set above the 5% her ministry proposed as a cut from today's 7%. The draft budget assumes 5%, so any extra point needs money the National Assembly would have to add in its review.
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South Korea's National Assembly voted to let the labor minister fine firms with three or more worker deaths in a year up to 5% of operating profit. How much a company pays will be set case by case under subordinate regulations the labor ministry says it will now revise.
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The Democratic Party has told the government not to tax single-home owners differently for living elsewhere, which puts the drafted 900 million won deduction and the 200% increase cap back in play.
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The government told the National Assembly that the Encinal combined-cycle project in Texas should return $43bn to $45bn over 20 years. People Power Party lawmakers left the closed-door briefing asking who buys the power.
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Lee Hyoung-il used his first day as finance minister to commit to a Korea Investment Corporation account that buys shares in chipmakers and AI firms, and the ministry has told parliament about 1 trillion won is available for it next year.
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Rep. Hong Ki-won's office puts the 2025 fall at 5,885 visas, and the E1 and E2 trader and investor categories fell 11.9 percent against an 8 percent average. Business travel visas have since run above their 2024 monthly pace.
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The National Assembly's finance committee took its first briefing on Korea's $200 billion US investment behind closed doors, and the opposition's committee liaison said two hours of questions cannot test whether the deal is commercially sound.
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Korean farmland rules made operators pull solar equipment out after eight years, against hardware rated past 30. A law promulgated in June lifted the ceiling to 23 years, and the two companies signed an MOU on the 17th.
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Washington has told Seoul that buying into Westinghouse sits outside the $200 billion investment package, according to Sedaily. Brookfield and Cameco's filings set 10% as the floor for naming even one director.
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South Korea's trade minister has confirmed the $200 billion US investment tranche moves at no more than $20 billion a year. Every project must first show cash flow that covers its own principal and interest.
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The Ministry of Planning and Budget's performance plan lists none of the fund's 140 programs, and an analysis for People Power Party lawmaker Park Soo-young counts 21.7 trillion won of its spending as inconsistent with the fund's own purpose.
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The managed fiscal balance deficit is 3.1 trillion won and the planned debt increase is 106 trillion, so next year's bond supply is set by the fund's prefunding rather than by the gap between revenue and spending.
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A single large US reactor runs about $15bn, so eight would absorb $120bn of the $200bn Korea pledged to secure lower tariffs. The framework being signed fixes two units, and an LNG plant in Encinal, Texas goes first.
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The finance ministry accepts that the 500 million won gap should narrow. Whether it closes fully or stops at 1.2 billion won decides who keeps paying.
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Ten lawmakers want the FIU to file its own criminal complaints against unregistered crypto operators. Police had dropped 23 of 25 referrals, mostly because the targets sat overseas.
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The tax line moves about 130 won per 500ml glass. Industry expects menu prices to move 500 to 1,000 won, because small pubs cannot price in 130 won steps.
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Korea's trade minister flew to Washington with the first project still unannounced. The arithmetic of an already-levied 12.5% tariff explains why the calendar is now a pricing problem.
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Three national projects need 24.7 GW of new generation, which the ministry calls 18 nuclear reactors' worth, on top of an April forecast that already assumed 40%-plus demand growth by 2040.
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