South Korea’s push to extend the retirement age to 65 could cost companies over 30 trillion won annually, compounding burdens from AI and green transition mandates.
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https://en.infomaxai.com/news/articleView.html?idxno=90028

The Korea Employers Federation has raised concerns over the government’s new workplace safety measures, questioning the effectiveness of stricter punitive policies and warning of potential negative impacts on the broader economy.
#YonhapInfomax #KoreaEmployersFederation #WorkplaceSafety #PunitiveMeasures #IndustrialAccidents #GovernmentPolicy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=81756

Eight out of ten South Koreans want National Health Insurance premiums frozen or reduced in 2025, according to a KEF survey, as concerns over affordability and opposition to raising the statutory cap reach record highs.
#YonhapInfomax #NationalHealthInsurance #KoreaEmployersFederation #PremiumRate #PublicSurvey #StatutoryCap #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=78479

South Korea’s six major business groups jointly urged lawmakers to revise the Yellow Envelope Law, demanding the current employer definition be maintained, managerial decisions excluded from labor disputes, and a minimum one-year grace period for any legal changes.
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#YellowEnvelopeLaw #KoreaEmployersFederation #LaborDispute #TradeUnionAct #BusinessCommunity
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=77445

South Korea’s business community is pushing back against President Lee Jae-myung’s call for tougher workplace accident penalties, urging a shift toward support and voluntary prevention measures as accident deaths remain stubbornly high despite increased oversight and spending.
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#IndustrialAccident #KoreaEmployersFederation #PunitiveDamages #PresidentLeeJaeMyung #WorkplaceSafety
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=76924

KEF Chairman Son Kyung-shik, speaking at the ILO Conference in Geneva, called for bold regulatory reforms and greater labor market flexibility to drive growth and job creation, emphasizing the need for performance-based pay and international cooperation amid rapid technological change.
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#KoreaEmployersFederation #ILOGeneva #FlexibleRegulation #PerformanceBasedWages #YouthUnemployment
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=66725