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Finance

Supply chain reshuffle, tech rivalry deepen; call grows for more precise financial policy

Calls are growing to redefine the roles of policy finance and private finance and to change not only the scale of funding but also how it is allocated, as supply chain uncertainty and technology rivalry intensify. Speakers at a Seoul seminar said financial policy should be refined to support strategic industries, small manufacturers and early-stage innovators. They also cited the need to expand direct finance and venture capital, improve exit markets and strengthen expertise at financial institutions.

Finance

Shinhan Bank builds financial partnership with Hoseo University

Shinhan Bank will act as a key financial partner for Hoseo University, providing financial services needed to run the school and strengthening tailored support for students and faculty. The bank said it signed a memorandum of understanding with the university on June 1 at Hoseo University\'s Asan campus in Asan, South Chungcheong Province. Under the agreement, the bank will also support issuing student IDs that double as debit cards.

AI & Enterprise

South Korea expands \'Top-Tier\' visa to professors and researchers to speed global talent recruitment

South Korea will expand its Top-Tier visa programme to cover professors and researchers in science and technology, widening eligibility beyond workers hired by companies in advanced industries. The Ministry of Science and ICT and the Justice Ministry said the change will take effect from June. The government is pursuing the \'Brain to Korea\' initiative, aiming to attract 2,000 outstanding overseas talents by 2030, with a target of 600 this year.