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Finance

NH NongHyup Bank launches NH FDI Advisory Center

NH NongHyup Bank has opened its first NH FDI Advisory Center at the Samseong Station Financial Center in Seoul’s Gangnam district to support foreign-invested companies seeking to enter the Korean market. The centre provides one-stop services covering account openings, fund transfers, investment reporting and regulatory reviews, supported by dedicated relationship managers. The bank said it plans to expand its support system through briefings and wider cooperation with related institutions.

Finance

Shinhan Investment launches Simple Mode on MTS for elderly and novice investors

Shinhan Investment launched a Simple Mode on its mobile trading system for elderly and beginner investors. The mode applies to core screens and offers larger text, Korean-language currency labels and simplified layouts. Order and transfer functions were reorganised to reduce errors and confusion. A quick-access reporting menu was added to help users report suspicious transactions. The company said it redesigned the service from the customer perspective and plans to expand its coverage.

Games & Commerce

November consumer prices rise 2.4 percent as weak won impact builds

South Korea’s consumer prices increased 2.4 percent in November as the weaker won lifted petroleum and imported food prices. The National Data Office reported sharp gains in diesel and gasoline, while imported fish and fruit also rose. Living costs recorded their biggest increase since July last year. Core inflation gained 2.3 percent and the OECD-style core index rose 2.0 percent.