Finance

Lee says capital market normalisation is firm policy direction, Kosdaq to exit weak firms fast

South Korean President Lee Jae-myung reaffirmed the government’s firm policy direction of normalising the capital market. He said the Kosdaq market should swiftly remove financially weak and low-performing companies by properly applying delisting requirements, and that authorities would respond strictly to unfair trading. Lee said restoring trust was a core task, citing investor concerns over stock manipulation, controlling shareholders’ abuse of management rights and duplicate listings.

Industry

Differential industrial power tariffs may accelerate shift of semiconductor supply chain out of capital region

South Korea is moving to apply different industrial electricity tariffs by region to spread power demand concentrated in the capital area. As the Chungcheong region is set for tariff cuts, a semiconductor mega project has begun in Asan, raising expectations that power costs will become a new factor in industrial site selection. The government plans to reflect transmission costs and regional power self-sufficiency in tariffs and complete procedures this year.