Search results for Ministry of Finance and Economy
AI & Enterprise
Science ministry, finance ministry to hold AI innovation challenge for public agencies
South Korea\'s Ministry of Science and ICT and the Ministry of Finance and Economy will hold a Public Agency AI Innovation Challenge, organised by the National Information Society Agency. The event is one of 14 tracks under a nationwide AI competition that opened on March 26. It will run in two divisions covering AI service demonstrations and proofs of concept, and best practices in using AI. Public agencies can apply from June 1 to Aug. 28.
AI & Enterprise
Finance ministry people’s economy bureau visits JobKorea operator Work Sphere to discuss employment shifts in AI era
Work Sphere said the Ministry of Finance and Economy’s People’s Economy Bureau visited its headquarters on April 17 for an on-site meeting to review employment market changes and policy response directions as AI spreads. The meeting examined labour market shifts using actual hiring data from the regular employment platform JobKorea. Participants discussed changes in hiring demand and job structures, evolving skills sought by companies and youth hiring mismatches.
Finance
South Korea\'s top four financial groups complete outside director reshuffle; academic bias persists
South Korea\'s financial sector has completed a reshuffle of outside directors during the annual shareholders\' meeting season. The four major financial holding groups and banks formed boards centred on expertise in law, financial consumer protection and artificial intelligence, amid regulatory calls to improve governance and strengthen internal controls. Some groups maintained or increased female outside directors, while others reduced them, widening gaps. The long-criticised bias toward academia also remains, limiting substantive change.
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AI & Enterprise
Nationwide AI competition launches with 3 billion won in prizes, aims for 2 million participants
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Finance
Hana Securities wins licence for general currency exchange business
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Industry
Government to step up cooperation on strategic technology management to counter tech hegemony race
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Finance
Triple bet on Korea ETFs in U.S. market: why overseas retail investors hesitate to return
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Finance
Lee Eok-won to activate 100 trillion won-plus market stabilisation program if volatility spikes
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Finance
KB Financial recommends lawyer Seo Jeong-ho as new outside director candidate
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Finance
President Lee Jae-myung says stock exchange is like department store, trust recovery urgent
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Industry
South Korea launches public-private task force for K-GX green transition plan
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Finance
KOSPI breaks 5,000 for first time, sets new record
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Finance
FSS faces fresh decision on public institution designation
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Finance
New year KOSPI rally; stronger dividends, RIA and ISA tax breaks to bring forward KOSPI 5,000 era