Monday
January 20, 2020
Gangnam-gu, South Korea
Fine Dust :
One of the biggest beneficiaries of a massive buying spree by retail investors last year may be the government.
Politics is soiling the economy. After e-commerce leader Coupang’s IPO at the New York Stock Exchange (NYSE) was announced, Deputy Prime Minister for Economic Affairs and Finance Minister Hong Nam-ki touted the feat of a Korean...
Public land for new apartments will be selected in the second quarter. Additionally, the government will push reforms of housing-related regulations next month, with implementation slated for June.
The ruling Democratic Party (DP)’s attacks on Deputy Prime Minister for Economic Affairs and Finance Minister Hong Nam-ki have gone beyond permissible levels. Rep. Choi In-ho, a senior spokesperson for the DP, criticized Hong for...
The government’s fourth budget-based Covid-19 relief package is hastily in the making. It may be rolled out in March or April. The move picked up after President Moon Jae-in on Monday ordered “systematic compensation for...
Korean Finance Minister Hong Nam-ki. left, talks with Andreas Bauer, an International Monetary Fund official in charge of Korea, in a teleconference on Thursday.
“This country does not belong to the Ministry of Finance and Economy,” Prime Minister Chung Sye-kyun fumed when the ministry dragged its feet on legislating the subsidization of losses for the self-employed and small merchants as...
Legislation to provide state compensation to small business hurt by the Covid-19 pandemic is being pursued by the ruling Democratic Party (DP), a plan which initially received a negative response from the Finance Ministry.
The main Kospi breached the 3,000-mark for the first time on Wednesday. It went as high as 3,027.16 and ended at 2,968.21 on profit-taking. It has taken 13 years and five months for the Kospi to touch a new milestone after...
A full 90 percent of the third round of relief grants will be distributed before the Lunar New Year holidays next month, Finance Minister Hong Nam-ki reaffirmed.
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