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Games & Commerce

Zero tax support for production costs; K-games face neglect despite 60 percent of content exports

South Korea\'s game industry, which accounts for 60.4 percent of the country\'s content exports, has been excluded for years from production cost tax credits that apply to video content and webtoons. The sector is growing slowly, usage rates are falling and small and mid-sized developers are going bankrupt as development costs rise. The Culture Ministry has submitted a proposal to the Finance Ministry, while lawmakers have introduced bills to expand tax credits and adjust related rules for games and e-sports.

Finance

KOSPI nears 8,000 as AI moves into financial front lines

South Korea\'s KOSPI keeps setting record highs, rising well above 7,000 and nearing the 8,000 mark as foreign buying focuses on large-cap semiconductor and AI shares. The rally is also linked to expectations for government policy and global liquidity, although several factors are seen as potential volatility risks. Investor money is shifting into policy funds, ETFs and tax-saving accounts, while banks expand corporate finance and strategic tie-ups. AI adoption is spreading across financial services.

Finance

Look for winners from National Growth Fund as AI, bio and secondary batteries draw interest

South Korea’s National Growth Fund is stepping up support for sovereign AI, bio and secondary battery sectors, prompting investors to search for beneficiaries. The fund has approved 11 projects through April, with cumulative approvals of about 8.4 trillion won. Beneficiary candidates cited include POSCO Future M, Dong-A Socio Holdings, Foosung, Naver and Samsung SDS. Analysts said investors should check ownership ties, business links and actual inflows of funds.