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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

Finance minister nominee faces obstacle in winning Assembly's endorsement

Finance Minister nominee Choi Sang-mok faces a possible hurdle in winning parliamentary endorsement for the post, according to sources, Sunday, after the government pushed ahead last week to ease the capital gains tax rule in favor of wealthy stock investors.

Dec 24, 2023By Yi Whan-woo
Finance minister nominee faces obstacle in winning Assembly's endorsement

High inheritance tax prompts more wealthy Koreans to emigrate

Korea's high inheritance tax rate is apparently prompting more wealthy Koreans to move to foreign countries that have more lenient regulations.

Dec 24, 2023By Yi Whan-woo
High inheritance tax prompts more wealthy Koreans to emigrate

Scandal-ridden securities firms to start next year with new CEOs

KB Securities, NH Investment & Securities and Kiwoom Securities are seeking to replace their leadership as a means to recover customer trust in the New Year following financial scandals involving their respective CEOs.

Dec 22, 2023By Yi Whan-woo
Scandal-ridden securities firms to start next year with new CEOs

Fun-packed year-end party reflects KakaoBank's horizontal corporate culture

KakaoBank's headquarters in Pangyo — the hotbed of the country's most innovative tech companies located within Bundang District in Seongnam, Gyeonggi Province — has turned into an indoor theme park for a day to host various games, such as a treasure hunt and dalgona candy challenge.

Dec 22, 2023By Anna J. Park
Fun-packed year-end party reflects KakaoBank's horizontal corporate culture

Demographic crisis prompts more insurers to go abroad

The steeply falling population in Korea is prompting domestic insurance firms to accelerate overseas business expansion in search of new subscribers.

Dec 22, 2023By Yi Whan-woo
Demographic crisis prompts more insurers to go abroad

JB Financial forms strategic partnership with Hanpass

JB Financial Group announced Thursday that it formed a strategic investment partnership with Hanpass, a fintech firm providing an overseas remittance platform, aiming to strengthen and expand business targeting foreign customers.

Dec 21, 2023By Anna J. Park
JB Financial forms strategic partnership with Hanpass

Korea to ease disputed capital gains tax rules for major shareholders

Korea will ease the capital gains tax rule applicable to returns on shareholders investments for those considered to be large shareholders, starting Jan. 1, the Ministry of Economy and Finance announced, Thursday.

Dec 21, 2023By Yi Whan-woo
Korea to ease disputed capital gains tax rules for major shareholders

Corporate direct financing jumps 36% in November

Corporate direct financing in Korea jumped 36 percent in November from the previous month, fueled by an increase in financial bond issuances, data showed Thursday.

Dec 21, 2023
Corporate direct financing jumps 36% in November

Toss launches procedures for IPO

Viva Republica, the operator of financial super app Toss, has kicked off procedures for its initial public offering (IPO), as the firm aims to select lead underwriters for the listing process.

Dec 20, 2023By Anna J. Park
Toss launches procedures for IPO

Hana Financial Group supports young entrepreneurs

Hana Financial Group held a session sharing the outcome of Hana Social Venture University, the group’s environmental, social and corporate governance (ESG) management program aimed at establishing a youth startup ecosystem and creating jobs.

Dec 20, 2023By Yoon Ja-young
Hana Financial Group supports young entrepreneurs
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