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Details of cash-back stimulus program still up in the air

Finance Minister Hong Nam-ki said Thursday the government will include spending at as many businesses as possible when calculating its planned card cash-back program, which is due to kick off in October.

2021-09-16

Tragedy of the commons

Hong Nam-ki: We are procuring additional vaccines through diplomatic channels.Chung Jin-suk: The people do not believe what the government says.Hong: You’ve got to believe me.Chung: Don’t force us. Stop a torture by hope!Hong:...

2021-08-12

Tragedy of the commons (KOR)

“Moonset does not mean the moon is leaving the sky.” I saw that sentence in a blog. The name of the blog is “Big brother Yoon’s Rich Country, Rich People.” The owner of the blog is 75-year-old Yoon Jeung-hyun...

2021-08-01

Tragedy of the commons

KIM HYUN-YE“Moonset does not mean the moon is leaving the sky.”I saw that sentence in a blog. The name of the blog is “Big brother Yoon’s Rich Country, Rich People.” The owner of the blog is 75-year-old Yoon Jeung-hyun, head of...

2021-08-01

Terrible obstinacy

A joint statement by the Deputy Prime Minister for the Economy and Finance Minister Hong Nam-ki with other cabinet ministers on real estate affairs was utterly disappointing. Hong and the government neglected the follies of the...

2021-07-29

Finance minister warns of real estate bubble

Finance Minister Hong Nam-ki warned of a bubble in the real estate market and cautioned the public about buying -- and getting burned.

2021-07-28

2021.07.23 Cartoon

Totally out of sync with public opinion, the military is praising the commander in chief for coming up with the idea of bringing back a crew infected with Covid-19 aboard a warship, and Deputy Prime Minister for Economic Affairs Hong Nam-ki is...

2021-07-22

Tenant protection laws are working, says gov't

According to the Ministry of Land, Infrastructure and Transport, 77.7 percent of rent contracts in Seoul were renewed between August 2020 and May. That’s significantly higher than 57.2 percent between September 2019 and August 2020.

2021-07-21

Finance minister resists universal relief grants demand

The Moon Jae-in administration's economic czar Tuesday swatted down ruling party demands for relief grants for all.

2021-07-13

Another supplementary budget is on the way

Finance Minister Hong Nam-ki caved to demands by the ruling Democratic Party (DP) for another supplementary budget. It would be this year’s second and the sixth since the Covid-19 pandemic started in 2020.

2021-06-04

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