Finance

Toss expands finance for self-employed with Jeju Bank sole listing of owner credit loan

Viva Republica, operator of Toss, is expanding its loan comparison service for sole proprietors through a partnership with Jeju Bank. Under a strategic business agreement, Jeju Bank's self-employed loan product, based on its small-business credit scoring system, will be listed exclusively on Toss among loan comparison platforms. The companies also plan to gradually apply Toss Score to Jeju Bank's loan screening process.

Industry

Germany to phase out oil, gas and coal by 2045, releases green roadmap

The German government has released a national roadmap to reduce reliance on fossil fuels such as coal, oil and gas, aiming to phase out their use in the energy system while achieving climate neutrality by 2045. It is the first time Germany has made a fossil-fuel exit an explicit national policy goal. The plan focuses on expanding renewables and electrifying transport, heating and industry, while cutting methane emissions and converting gas power to climate-neutral fuels over time.