Search results for loan programme
Crypto
El Salvador\'s \'Bitcoin Beach\' sees just one BTC payment in a month, witness says
A witness said everyday bitcoin payments have dropped sharply in El Zonte, El Salvador, known as “Bitcoin Beach,” with card payments replacing bitcoin in daily use. Bitcoin Core contributor John Attak said a restaurant employee told him his lunch payment was the first bitcoin transaction there in a month. Some travellers reported paying with bitcoin without problems, but a gap between symbolism and actual usage appears to have widened.
Finance
KB Kookmin Bank to provide 100 billion won in policy financing for emergency medical institutions outside Seoul
KB Kookmin Bank will provide 100 billion won in policy financing for emergency medical institutions outside the Seoul metropolitan area. The bank said it will take part from Aug. 13 as a handling bank for the Ministry of Health and Welfare’s 2026 emergency medical institution loan programme. Funds can be used for emergency room facility upgrades, staff labour costs and refinancing borrowings. Loan caps and fixed interest rates vary by institution type and location.
Games & Commerce
Warning signs as game industry growth slows, calls for tax credits for production costs
As growth and exports in South Korea\'s game industry slow, participants at a policy forum called for expanded support such as tax credits for game production costs. Korea Creative Content Agency executive Song Jin said games account for about 15 percent of content industry sales and 60.4 percent of exports, but get 6.9 percent of the budget. He projected 2030 targets would be missed without additional intervention. Speakers also urged tax and financing measures and listing incentives.
