Search results for National Assembly Budget Office
AI & Enterprise
Korea Artificial Intelligence Association posts AI policy proposal for parliamentary audit
The Korea Artificial Intelligence Association said on Oct. 6 it posted its views on South Korea\'s AI policies and projects on a dedicated webpage, timed to the start of parliament\'s annual audit. The 51-page document includes questions and corrective demands for 17 standing committees and the budget committee, registers covering 62 policy and project groups, and requests for government-wide data.
Finance
Simple payments expand acceptance as night stock trading ramps up
South Korea\'s simple payment companies are expanding where their services can be used by linking existing networks and supplying payment infrastructure to new sectors. Banks and internet-only lenders are also widening mobile lending and alternative credit offerings. Regulators and the government are moving on youth savings, transport fare support and payment security checks. After-hours trading has extended KOSPI and KOSDAQ hours to 8 p.m., while debate continues over digital asset taxation and related infrastructure.
Crypto
Need domestic exchange incentives, auto-reporting before digital asset taxation begins
South Korea should prepare incentives to encourage use of domestic digital asset exchanges and build an automated calculation and reporting system linked to exchanges before digital asset income taxation begins in January, a report said. Areas such as overseas exchanges, private wallets and over-the-counter trading remain hard for tax authorities to track, it said. The National Assembly Budget Office also called for clearer taxation standards by transaction type and measures to encourage voluntary reporting.
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Crypto
Cautious on financial investment income tax, presses ahead with digital asset tax as equity dispute lingers
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Industry
Semiconductor export boom swells Korea budget, setting up September parliamentary clash
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Finance
Financial firms\' duty to fund low-income finance nears end, parliament weighs permanent fund or extension
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Industry
Semiconductor tax windfall to fund \'future response\' scheme, but materials and equipment support missing
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Industry
Energy costs added to supply price linkage, but effectiveness for chip materials, parts and equipment firms questioned
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AI & Enterprise
OpenAI expands cooperation with South Korean government, attention on executives\' ties to Korea
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AI & Enterprise
Mindlogic launches AI agents for public data analysis