Search results for Science and Technology Innovation Fund
Industry
Government steps up push to foster \'NEXT\' national strategic technologies with 8.6 trillion won in R&D
South Korea has drawn up an implementation plan to secure strategic technologies through inter-ministerial cooperation. It plans to invest 8.6 trillion won in national strategic technology R&D this year and push a shift to a new strategic technology system. The Ministry of Science and ICT approved the 2026 implementation plan under the 2024-2028 basic plan, focusing on growth support, broader technology security and a mission-oriented policy system.
Industry
Government to step up cooperation on strategic technology management to counter tech hegemony race
South Korea will revamp its strategic technology management framework and strengthen cross-ministry cooperation to respond to deepening global competition for technological leadership. The Ministry of Science and ICT, the Ministry of Finance and Economy and the Ministry of Trade, Industry and Energy jointly drew up a plan covering 513 technologies under four laws. The government will align systems around 19 shared fields, expand consultations, and link designations to R&D investment and policy finance.
Finance
Finance groups speed up governance revamp as KOSPI faces Middle East risk
Major financial holding companies are accelerating governance changes ahead of March annual shareholder meetings after regulators urged reforms such as special resolutions for chair reappointments, stronger outside director independence and expertise, and a single three-year term. A key proposal would shift CEO appointments to shareholder votes and tighten requirements for third terms. Internal control issues at brokerages also re-emerged amid allegations of capital markets law violations and stock manipulation. Fintech platforms are expanding automated loan-rate cut request services.
