South Korea’s Ministry of Science and ICT has been elevated to deputy prime minister-level, launching a dedicated Artificial Intelligence Policy Office to spearhead national AI innovation and support the government’s ambition to become a global AI leader.
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#MinistryOfScienceAndICT #ArtificialIntelligence #GovernmentOrganizationAct #DeputyPrimeMinister #AIPolicyOffice
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84125

Statistics Korea will be elevated to the National Data Agency for the first time in 35 years, launching under the Prime Minister’s Office on October 1 to lead government-wide data policy and innovation.
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#NationalDataAgency #StatisticsKorea #GovernmentOrganizationAct #DataInnovation #AhnHyungJun
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84120

South Korea's Industry Minister Kim Jung-kwan visited KEPCO to thank the utility for its partnership, highlighting the joint "history of success" as the government's energy division prepares for restructuring.
#YonhapInfomax #KEPCO #KimJungKwan #GovernmentOrganizationAct #EnergySector #PowerSupplyManagement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83843

South Korea’s ruling bloc has scrapped plans to overhaul financial regulators, opting to maintain the current Financial Services Commission and Financial Supervisory Service structure amid political opposition and market stability concerns.
#YonhapInfomax #FinancialServicesCommission #FinancialSupervisoryService #GovernmentOrganizationAct #RegulatoryReform #KOSPIIndex #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83441

South Korea's Democratic Party moves to submit four key bills, including the Government Organization Act amendment, to the National Assembly, as bipartisan tensions rise over urgent legislative reforms and the ruling party signals a filibuster response.
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#GovernmentOrganizationAct #DemocraticParty #NationalAssembly #Filibuster #FinancialRegulatoryReform
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83475

South Korea’s ruling bloc has scrapped plans to overhaul financial regulators, opting to maintain the current Financial Services Commission and Financial Supervisory Service structure amid concerns over efficiency and internal opposition.
#YonhapInfomax #FinancialServicesCommission #FinancialSupervisoryService #GovernmentOrganizationAct #RegulatoryOverhaul #OperationalEfficiency #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83406

South Korea’s National Assembly is set for a showdown as the Government Organization Act and key reform bills are submitted to a plenary session, with the People Power Party vowing a filibuster that could stall legislative action for over 60 days.
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#GovernmentOrganizationAct #PeoplePowerParty #Filibuster #DemocraticPartyOfKorea #NationalAssembly
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83334

The National Assembly's Legislation Committee, led by the ruling party, passes a bill to abolish the Prosecution Service and separate the Ministry of Economy and Finance, signaling major government restructuring.
#YonhapInfomax #GovernmentOrganizationAct #ProsecutionService #MinistryOfEconomyAndFinance #LegislationCommittee #RulingParty #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83270

South Korea's ruling and opposition parties failed to reach a deal on the Government Organization Act ahead of the September 25 plenary session, raising the prospect of a filibuster and continued legislative gridlock.
#YonhapInfomax #GovernmentOrganizationAct #NationalAssembly #DemocraticPartyOfKorea #PeoplePowerParty #Filibuster #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83051

The People Power Party opposes the ruling party's Government Organization Act amendment, citing concerns over executive branch restructuring, and is considering a filibuster to block the bill.
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https://en.infomaxai.com/news/articleView.html?idxno=82848

South Korea's Democratic Party reaffirmed plans to fast-track the Financial Supervisory Commission bill if opposition parties block its passage, signaling potential delays in government reorganization and financial oversight reforms amid ongoing political gridlock.
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#FinancialSupervisoryCommission #DemocraticPartyOfKorea #GovernmentOrganizationAct #FastTrack #JudicialReform
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=81605

South Korea’s Democratic Party has submitted a bill to overhaul government ministries and financial authorities, but faces strong opposition from the People Power Party, raising uncertainty over the planned January 2026 implementation.
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#DemocraticParty #GovernmentOrganizationAct #FinancialSupervisoryCommission #PeoplePowerParty #LegislativeProcess
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=81499

President Lee signals flexibility on government reorganization, stating the Government Organization Act can be handled via fast-track procedures after six months, easing immediate political pressure.
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#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=81260

People Power Party leader Jang Dong-hyuk voiced opposition to the Government Organization Act amendment, while President Lee Jae-myung pledged thorough dialogue with the opposition, as both sides agreed to form a consultative body on economic and social issues.
#YonhapInfomax #GovernmentOrganizationAct #PeoplePowerParty #PresidentLeeJaeMyung #SpecialProsecutorBill #YouthUnemployment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=80706

Jang Dong-hyuk calls on President Lee to halt amendments to the Government Organization Act, citing lack of national consensus and raising concerns over political division.
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#JangDongHyuk #PresidentLee #GovernmentOrganizationAct #NationalConsensus #PoliticalDivision
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=80682

The Lee Jae-myung administration unveiled a sweeping government reorganization plan, including abolishing the Prosecutors’ Office and splitting key ministries, but faces a complex legislative path and political hurdles before full implementation.
#YonhapInfomax #GovernmentReorganization #ProsecutorsOffice #LeeJaeMyung #MajorCrimesInvestigationAgency #GovernmentOrganizationAct #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=80538

South Korea's Democratic Party urges joint handling of the Financial Supervisory Committee bill and the Government Organization Act, calling for opposition cooperation.
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#DemocraticParty #FinancialSupervisoryCommittee #GovernmentOrganizationAct #OppositionCooperation #SouthKorea
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=80361

Ruling party confirms Financial Services Commission reform excluded from final Government Organization Act proposal, signaling no imminent regulatory overhaul.
#YonhapInfomax #FinancialServicesCommission #GovernmentOrganizationAct #RegulatoryReform #RulingParty #PolicyDecision #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=80029

South Korea’s Democratic Party is set to submit a Government Organization Act amendment focused on prosecution reform by September 5, aiming for passage at the National Assembly’s plenary session later this month.
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#DemocraticParty #GovernmentOrganizationAct #ProsecutionReform #NationalAssembly #LegislativeAmendment
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=79666

South Korea's Justice Minister Jung Sung-ho emphasized there is no rift between the government and the Democratic Party over prosecution reform, pledging to proceed in line with party decisions as lawmakers debate separating investigative and prosecutorial powers.
#YonhapInfomax #ProsecutionReform #DemocraticParty #JusticeMinister #InvestigationIndictmentSeparation #GovernmentOrganizationAct #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=79173