The Korea Times - Home

Site Map PDF Subscription Register LogIn
Site Map PDF Subscription Register LogIn

Fri, October 19, 2018 | 09:12

Economy > Policies >

Moon stresses deregulation, investment

CHEONGJU, North Jeolla Province - President Moon Jae-in said Thursday the government will put greater emphasis on creating more jobs by relaxing regulations and helping private companies explore business opportunities in areas that were previously untouched. “We have to admit the government has yet to find proper answers to address structural economic problems mostly due to i...

Policies | 2018-10-04 17:27

BOK chief signals rate hikes

Bank of Korea (BOK) Governor Lee Ju-yeol hinted Thursday that the central bank could raise its key interest rate in the coming months citing deepening imbalance in the financial sector. “The financial imbalance is being accumulated,” Lee said at a meeting with business leaders to discuss the current state of the Korean economy, Thursday.

Policies | 2018-10-04 17:00

1,122 minors own houses in Seoul's three richest districts: data

They were among 23,991 minors who had at least one house registered under their names across the country as of the end of 2016 - 108 owned five or more houses and 30 percent of them were living in the three affluent districts.

Policies | 2018-10-04 14:06

FSS under fire for mulling screening financial CEOs

The Financial Supervisory Service (FSS) is facing an outcry from the financial industry over its move to set up an inspection body to vet CEOs and executives of finance firms here.

Policies | 2018-10-02 17:10

Companies frustrated over 'bullying' by lawmakers

A growing number of businesspeople are complaining about lawmakers' attempts to summon company owners and CEOs as witnesses during the upcoming National Assembly audit of government agencies, company officials said Monday.

Policies | 2018-10-01 16:52

SMEs ministry alleged to breach GATT

The Korean government has allegedly breached the General Agreement on Tariffs and Trade (GATT) by banning the sales of products manufactured by Korean firms abroad from IM Shopping, a state-run home shopping channel.

Policies | 2018-09-30 16:10

Households face heavier interest rate burden

The recent U.S. policy rate hike is raising concerns among Korea's mortgage payers over possibilities they may well face a heavier interest rate burden.

Policies | 2018-09-28 21:04

Korea to nurture activist PEFs

The government is set to ease related regulations on the nation's private equity funds (PEFs) to encourage them to play a growth engine role and create jobs, nurturing “Korean Elliott” PEFs that will actively exercise their shareholder's rights like foreign PEFs do.

Policies | 2018-09-28 17:47

Tougher loan screening in store for insurers

South Korea's financial watchdog said Friday it will implement a stricter loan screening rule for insurance companies next week to help control risk from the country's fast rising household debt. Local insurers will have to apply to the so-called debt service ratio to almost all household loans on a pilot basis starting Sunday, according to the Financial Services Commission.

Policies | 2018-09-28 09:40

Eximbank leads global CSR activities

The Export-Import Bank of Korea (Eximbank) has conducted various social contribution activities to fulfill its corporate social responsibility (CSR) as a state-run financial institution.

Policies | 2018-09-27 16:53

1 2 3 4 5 6 7 8 9 10

Hurricane Michael