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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.

Eximbank funds $6.8 bil. to strengthen Korea's supply chain

The Export-Import Bank of Korea (Eximbank) allocated 10 trillion won ($6.8 billion) this year to strengthen Korea's supply chain by supporting key industries, the bank said Thursday. The industries include natural resources, essential consumer goods and logistics infrastructure.

Feb 13, 2025
Eximbank funds $6.8 bil. to strengthen Korea's supply chain

Only $1.1 mil. out of $9.3 mil. refunded to TMON, WeMakePrice victims

The majority of travel agencies have rejected a collective mediation proposal for victims of large-scale payment delays to vendors by cash-strapped TMON and WeMakePrice. As a result, only 48 out of 122 companies have accepted the refund settlement, according to the Korea Consumer Agency (KCA), Wednesday.

Feb 12, 2025By Jun Ji-hye
Only $1.1 mil. out of $9.3 mil. refunded to TMON, WeMakePrice victims

KOMSCO joins international money fair to stay ahead of latest industry trends

The Korea Minting and Security Printing Corp. (KOMSCO) joined an annual international fair to keep up with the fast-changing trends occurring in the production of banknotes and coins, the company said Wednesday.

Feb 12, 2025By Yi Whan-woo
KOMSCO joins international money fair to stay ahead of latest industry trends

Korean economy loses vigor as gov't relies more on inheritance tax for revenue

The government is increasingly relying on inheritance and gift taxes in the collection of taxable income, which, according to experts, is a worrisome sign that the Korean economy is losing vigor as its population is aging at a faster pace, according to the data and experts on Wednesday.

Feb 12, 2025By Yi Whan-woo
Korean economy loses vigor as gov't relies more on inheritance tax for revenue

SC Bank Korea launches global wealth management campaign

Standard Chartered (SC) Bank Korea launched its global management campaign, "Now's your time for wealth," the company said Wednesday. The campaign encourages the public to start investing globally to protect and grow their assets for future generations.

Feb 12, 2025By Lee Yeon-woo
SC Bank Korea launches global wealth management campaign

Regulator reopens probe into major banks' alleged collusion on setting LTV ratio

Korea's antitrust regulator said Wednesday that it has launched a reinvestigation into allegations that the country's four major banks colluded on setting lending limits, the loan-to-value (LTV) ratio.

Feb 12, 2025By Yonhap
Regulator reopens probe into major banks' alleged collusion on setting LTV ratio

Banks use mobile branches to meet clients' needs in person

Banks are using vehicles such as buses and vans as mobile branches to meet the demand for in-person banking services, as they have reduced the number of their offline branches due to soaring rent costs and declining foot traffic, industry officials said Wednesday.

Feb 12, 2025By Jun Ji-hye
Banks use mobile branches to meet clients' needs in person

National Pension Service shifts US stock portfolio from AI hardware to AI software

The National Pension Service (NPS) sold its Nvidia and other leading U.S. tech stocks to realize profits in the fourth quarter of last year, adjusting its portfolio to reflect the current shift in investor interest from artificial intelligence (AI) hardware to AI software, according to its regulatory securities report Tuesday.

Feb 11, 2025By Jun Ji-hye
National Pension Service shifts US stock portfolio from AI hardware to AI software

Mirae Asset discusses 2025 ETF strategies at annual gathering

Mirae Asset Global Investments hosted its annual meeting to bring together employees working in the global exchange-traded fund (ETF) market and discuss strategies for innovation, the company said Tuesday.

Feb 11, 2025By Yi Whan-woo
Mirae Asset discusses 2025 ETF strategies at annual gathering

Financial groups eye older adult nursing care as next growth engine

Financial holding companies are eyeing the nursing care industry for older adults as the next growth engine, as Korea has become a super-aged society, according to industry officials Monday.

Feb 10, 2025By Yi Whan-woo
Financial groups eye older adult nursing care as next growth engine
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