South Korea’s Ministry of Land, Infrastructure and Transport uncovered 262 illegal subcontracting cases at construction sites nationwide, signaling intensified regulatory scrutiny and a sharp drop in violation rates compared to last year.
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https://en.infomaxai.com/news/articleView.html?idxno=88562

South Korea's land and labor ministries have launched a joint inspection of construction sites to eliminate illegal subcontracting, emphasizing safety and direct wage payments, with immediate corrective actions ordered for safety violations.
#YonhapInfomax #IllegalSubcontracting #MinistryOfLandInfrastructureAndTransport #MinistryOfEmploymentAndLabor #ConstructionSafety #HyosungHeavyIndustries #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=82377

Korea Specialty Contractors Association Chairman Yoon Hak-soo warns that the 2021 overhaul of construction industry classifications is fueling illegal subcontracting, urging a return to clearer business boundaries and shared safety accountability.
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#KoreaSpecialtyContractorsAssociation #IllegalSubcontracting #IndustryRestructuring #ConstructionSafety #SeriousAccidentsPunishmentAct
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https://en.infomaxai.com/news/articleView.html?idxno=80021

South Korea's Land Minister Kim Yoon-duk called for urgent action to reduce major industrial accidents and eliminate illegal subcontracting in the construction sector, pledging expanded public housing and faster SOC budget execution to revitalize the industry.
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https://en.infomaxai.com/news/articleView.html?idxno=78906

The Ministry of Land, Infrastructure and Transport will conduct surprise inspections at construction sites nationwide, targeting illegal subcontracting practices linked to serious accidents and wage arrears, in a joint 50-day crackdown with other agencies.
#YonhapInfomax #MinistryOfLand #IllegalSubcontracting #ConstructionSites #IndustrialAccidents #WageArrears #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=76218