Search results for incentive system
Industry
Choi Tae-won of SK says AI can cut costs of measuring value, stresses performance-based incentives
Choi Tae-won (최태원), chairman of SK Group, said scaling solutions to social problems requires a compensation system based on results, not budgets and publicity. Speaking in Seoul at the first session of the Ecosystem Leadership Exchange, he also stressed the importance of accurately measuring social value and said advances in AI can help address the high transaction costs of precise measurement. He called for performance-based incentives and promoted the social performance incentive model.
Finance
Finda preferred subprime-loan brokerage contracts top 100 billion won in 10 months
Finda\'s cumulative contracted amount for its loan brokerage service for preferred subprime lenders has topped 100 billion won about 10 months after launch. About 90% of users were mid-to-low credit borrowers with credit scores in the 500 to 700 range. Finda said the cumulative amount reached about 101 billion won as of Aug. 26. It partners with 17 of 23 preferred subprime lenders selected by the Financial Supervisory Service.
Mobility
China and Thailand lead EV war as Japan and U.S. lag, analysis says
China and Thailand are moving ahead in reshaping the global auto industry by using domestic electric vehicle rollout policies to build export competitiveness, an analysis said. The key is the pace of electrification at home rather than export results alone. China’s plans target a sharp rise in new energy vehicles on its roads, supporting scale, learning effects and supply chains. Thailand is adjusting incentives toward export compensation as it becomes an EV export base.
