Former Finance Minister Kim Dong-yeon officially announced Wednesday he will run as an independent candidate in the presidential election next March, comparing his campaign to a "political start-up."
Tax collections in the first half totaled 181.7 trillion won, a 36.9 percent increase on year.
Finance Minister Hong Nam-ki said the government will decide next month whether to extend financial aid to small businesses, including suspensions of loan payments.
Overall online credit card purchase were up 35 percent in 2020, according to Hana Institute of Finance on Wednesday.
Credit card companies are finding ways to get virtual people to spend real money in the metaverse, while banks are doing their best to get in on the action. Shinhan Card said Wednesday that it will release a pre-paid card that can be used in both...
Finance Minister Hong Nam-ki, right, and International Monetary Fund Managing Director Kristalina Georgieva exchange a fist bump before holding talks in Venice, Italy on July 10.
The Green Climate Fund (GCF), the Korea-based United Nations climate fund aimed at helping poor nations fight global warming, has approved $500 million in funding for new projects and programs, according to the finance ministry Sunday.
The Korea Green Finance Forum was established Thursday.
The governmen targets 1,000 suppliers of parts for the cars of the future by 2030. It also hopes Korea can become one of the top five developers of new types of drugs in the world.
Tax collections in the first four months of 2021 were up 32.5 percent on year, giving the government the wiggle room to pass a supplementary budget without selling more debt.