Search results for Policy finance
Finance
Shinhan Bank to support growth of aerospace companies using Busan hub
Shinhan Bank will work with the Korea Aerospace Industries Association to support funding and management needs of South Korean aerospace companies. The bank plans to identify financing demand among association members and provide tailored services such as loans, investment finance and technology finance. The association will relay members’ financial and non-financial support needs and share industry information. Shinhan Bank will also offer tax, accounting and ESG consulting, using its Shinhan SOL Cluster Busan network.
Finance
Finance union opposes relocation of Financial Services Commission to Sejong, calls to halt moving financial institutions
South Korea\'s National Union of Financial Industry Workers called on the government to immediately withdraw its plan to relocate the Financial Services Commission to Sejong. The union said moving the commission could weaken cooperation among financial policymakers, supervisors and financial firms and undermine national competitiveness. It said swift decision-making and on-the-ground response were crucial during past crises. The union also demanded a halt to discussions on relocating major financial institutions outside Seoul.
AI & Enterprise
South Korea to back physical AI commercialisation via National Growth Fund, expand long-term investment
South Korea plans a support system linking physical AI technology development, on-site demonstrations and private investment, using fiscal spending and the National Growth Fund. The government set next year’s physical AI budget at 3.1 trillion won, more than triple this year’s 900 billion won. The Financial Services Commission will expand long-term investment and offer funding via direct and indirect investment, infrastructure finance and ultra-low-interest loans. Ministries also outlined new projects for core technology, logistics trials, training infrastructure, manufacturing adoption and sector-specific pilots.
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Telecommunications & Media
MSIT kicks off follow-up steps to boost budget mobile market, holds industry meeting
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People & Appointments
Baek Kyung-hoon stresses finance role in developing physical AI, cites virtuous cycle of commercialisation and investment
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Crypto
Dunamu to hold UIS 2026 bringing together global digital asset stakeholders
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Finance
FSC to increase support for small merchants by over 1.5 trillion won, ease financing barriers for startups
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Finance
Productive finance plan expanded to 1,560 trillion won; FSC to prepare additional liability exemption measures
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Games & Commerce
K-content industry targets 220 trillion won sales by 2030, calls for tax, finance, legal overhaul
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Finance
Finance network separation rules eased, fueling 140 trillion won fintech investment
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Finance
IBK Industrial Bank of Korea reselected as Suwon city treasury bank, worth 3.9 trillion won a year
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Finance
Policy finance unit subsidiaries to be consolidated; relocation of financial public institutions remains variable
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Finance
MyData market expands as Korea faces impact of consecutive base rate hikes
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Games & Commerce
Toss Bank posts record first-half net profit of 58.9 billion won
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Finance
South Korea to expand MyData to sole proprietors, push \'My AI Agent\'
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Finance
Finnq expands government-backed loan assessment service for middle- and low-credit borrowers
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Finance
Saemaul Geumgo expands policy finance supply, provides 217 billion won in first half
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Finance
Household loan cap raised to 3 percent; scraping to be phased down