Economy
Monetary Policy
"70 million won by age 18—could my child get that too?" Annual subsidy of 1.2 million won, fully tax-exempt
The “Our Self-Reliance Fund,” which allows individuals to save up to 70 million won from birth until age 18 and receive full tax exemption on interest and dividend income, will be launched in the seco…
Insurance
Hyundai MARINE & FIRE INSURANCE CO.,LTD Marks 50th Anniversary of Japan Branch… "Growing as a Trusted Partner in the Japanese Market"
Hyundai MARINE & FIRE INSURANCE CO.,LTD’s Japan branch, the first South Korean non-life insurance company to enter the Japanese market, celebrated its 50th anniversary.
Chairman Chung Mong-yoon and…
Business·Industry
LG Corp. Expands Its 46 Series Footprint… Accelerates Push into North American Electric Commercial Vehicle Market
LG Energy Solution is targeting the North American commercial electric vehicle market by securing additional customers for its 46 Series cylindrical batteries. The company plans to strengthen its mark…
Business·Industry
AI Boom Extends to Packaging and Testing… ‘Foundry 2.0’ Revenue Up 25%
With investment in artificial intelligence (AI) infrastructure surging, growth across the entire semiconductor value chain—from foundries to advanced packaging and testing—is accelerating.
Accordin…
M&A·IB
“With a 520 billion won senior loan”… Samsung FN REIT Extends Maturity of ‘FN Tower Dangsan’ by Two Years
Samsung FN REIT has refinanced the 520 billion won in debt it raised to acquire the “FN Tower Dangsan” (formerly A-One Tower Dangsan) office building in Yeongdeungpo-gu, Seoul, by converting it into a…
Insurance
HANWHA LIFE INSURANCE Acquires Acuon Capital Partners Co., Ltd. and Savings Bank… Board Approves Acquisition of Controlling Stake (Comprehensive)
HANWHA LIFE INSURANCE has acquired Acuon Capital Partners Co., Ltd. and Acuon Savings Bank. Hanwha Financial Group, centered around HANWHA LIFE INSURANCE, has expanded its business scope from insuranc…
Business·Industry
“Local Vibe 2026” to Be Held at COEX in November… Local Brands Gather in One Place
“LOCAL VIBE by Travel Show 2026,” a regional brand lifestyle expo, will be held for three days from November 20 to 22 at Hall C of COEX in Seoul.
Organized by the LOCAL VIBE Organizing Committe…
Business·Industry
AI Chip Design Time Cut to 9 Months… AI Transforms Corporate Performance (Comprehensive)
A proposal has been put forward that companies should make a full-scale shift to “AI agent workflows,” moving beyond merely utilizing artificial intelligence (AI) to actually translating it into tangi…
Business·Industry
Gangwon Land Contributes Approximately 4.7 Billion Won to Revitalize the Local Economy and Promote Win-Win Management
Gangwon Land will contribute 3.7 billion won to support the relocation and growth of companies in regions undergoing coal industry transition, with the aim of revitalizing the local economy. This init…
M&A·IB
Mom's Touch to Hold Preliminary Bidding This Week… How Many Companies Will Make the Shortlist? [Market In]
The sale of the domestic burger franchise Mom’s Touch is set to enter the preliminary bidding phase soon. The number of potential buyers that come forward and the number of qualified bidders (shortlis…