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Industry

Woori Bank, industry ministry seek 8th cohort for Rising Leaders 300 programme

Woori Bank and the Ministry of Trade, Industry and Energy will recruit companies for the eighth cohort of the Rising Leaders 300 programme until Aug. 14, the bank said on July 27. The programme selects mid-sized firms and candidates with technology and growth potential to provide financial and non-financial services. Selected firms can receive loans of up to 30 billion won each and an interest-rate discount of up to 1.0 percentage point in the first year.

AI & Enterprise

LG CNS signs deal with SMEs federation to support AI transformation for small manufacturers

LG CNS said on Tuesday it signed a business agreement with the Korea Federation of SMEs to support AI transformation for small manufacturing companies. The pact, signed in Seoul, aims to help narrow the AI adoption gap between large and smaller firms in line with government policy. LG CNS will provide 4.2 billion won over two years for training, technical support and distribution and marketing assistance. The partners will also build manufacturing AI transformation models and select participating firms.

Finance

Mirae Asset Management AUM tops 600 trillion won; growth accelerates with ETFs, pensions and AI

Mirae Asset Management said its total assets under management reached 624 trillion won as of end-April, surpassing 600 trillion won. It attributed growth to its global ETF business, the expansion of domestic TIGER ETFs, and broader businesses including pensions, OCIO and real estate. Its Global X unit runs 747 ETFs across 13 markets. The firm is also expanding tokenised ETF offerings and reported strong growth in a semiconductor-themed TIGER ETF.