Banking & Finance

Entry-level civil servants' salaries slightly higher than minimum wage

Entry-level civil servants in Korea are receiving about 160,000 won ($115) more than the minimum wage on average in their monthly salaries for their first year on the job, according to data, Monday.

Jul 8, 2024By Yi Whan-woo

Entry-level civil servants' salaries slightly higher than minimum wage

Hana Financial to nurture young talent to lead digital finance

Hana Financial Group announced on Monday the launch of the third edition of the Hana Digital Power On project, which aims to nurture young digital talent to drive the country's financial innovation.

Jul 8, 2024By Yoon Ja-young

Hana Financial to nurture young talent to lead digital finance

More firms delist due to stringent Corporate Value-up Program requirements

An increasing number of companies in Korea are opting to delist from the stock market since the introduction earlier this year of the Corporate Value-up Program by financial regulators aimed at boosting undervalued stocks.

Jul 8, 2024By Yi Whan-woo

More firms delist due to stringent Corporate Value-up Program requirements

Korean investors flock to US dividend ETFs

Eximbank provides $150 mil. for UAE solar power generation project

The Export-Import Bank of Korea (Eximbank) is providing $150 million in project financing for the Ajban solar power generation project in the United Arab Emirates (UAE), the bank announced Monday. Korea Western Power (KOWEPO) is in charge of the project.

Jul 8, 2024

Eximbank provides $150 mil. for UAE solar power generation project

7 in 10 middle-class Koreans struggle with inheritance tax

Seven out of 10 Koreans from middle-class households had troubles with inheritance, according to a report, as more taxpayers nationwide are becoming subject to an inheritance tax under outdated regulations.

Jul 5, 2024By Yi Whan-woo

7 in 10 middle-class Koreans struggle with inheritance tax

'MOFIA' figures increase numbers under Yoon administration

The nominations of two incumbent and retired vice finance ministers to lead the Financial Services Commission (FSC) and the Ministry of Environment is prompting speculation that the so-called “MOFIA” is increasingly dominating top posts of the government as in the past.

Jul 5, 2024By Yi Whan-woo

'MOFIA' figures increase numbers under Yoon administration

Credit card issuance hits record 129 mil. in 2023

A record number of credit cards were issued last year despite increases in the cost of living and borrowing rates, data showed Thursday.

Jul 5, 2024By Yi Whan-woo

Credit card issuance hits record 129 mil. in 2023

Korea's export reliance on US, China still high despite diversification efforts: experts

Korea is still heavily reliant on the United States and China regarding exports although the level of reliance has been reduced recently, according to experts.

Jul 4, 2024By Yi Whan-woo

Korea's export reliance on US, China still high despite diversification efforts: experts

KB Kookmin Bank supports better living for Busan's older adults

KB Kookmin Bank CEO Lee Jae-keun, left, poses with Busan Mayor Park Heong-joon after signing an agreement to support the city’s job creation and "habitat" program for older adults, at Busan Metropolitan City Hall, Thursday. With the bank’s donation of 290 million won ($210,000), the city will create environmentally-friendly jobs for older people, including recycling work, and will also initiate a program to refurbish older people's homes where needed. Courtesy of KB Kookmin Bank

Jul 4, 2024By Yoon Ja-young

KB Kookmin Bank supports better living for Busan's older adults

Korea aims to attract 150,000 professionals from abroad by 2035

Korea aims to attract 150,000 professional workers from abroad by 2035, more than doubling the number from 72,000 in 2023, seeking to enhance productivity amid a shrinking working-age population, according to the government, Wednesday.

Jul 3, 2024By Yi Whan-woo

Korea aims to attract 150,000 professionals from abroad by 2035

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Banking & Finance

Entry-level civil servants' salaries slightly higher than minimum wage

Hana Financial to nurture young talent to lead digital finance

More firms delist due to stringent Corporate Value-up Program requirements

Eximbank provides $150 mil. for UAE solar power generation project

7 in 10 middle-class Koreans struggle with inheritance tax

'MOFIA' figures increase numbers under Yoon administration

Credit card issuance hits record 129 mil. in 2023

Korea's export reliance on US, China still high despite diversification efforts: experts

KB Kookmin Bank supports better living for Busan's older adults

Korea aims to attract 150,000 professionals from abroad by 2035

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