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News
[Report] Hyundai's 9-Trillion-Won Investment Marks End of "Unfulfilled Hopes"... Saemangeum to Emerge as AI and Robotics Hub
15+ hour, 14+ min ago (210+ words) Published 14 Sep.2026 12:00(KST) This year marks the 35th anniversary of the start of the Saemangeum development, which has gained new momentum thanks to Hyundai Motor Group’s 9-trillion-won investment commitment. By 2035, Hyundai Motor Group plans to establish an AI data center, a…...
"Conversion of Agricultural Land to Energy Land... Full Support for Corporate Investment in Saemangeum"
15+ hour, 14+ min ago (259+ words) Published 14 Sep.2026 12:00(KST) The government will reorganize the land allocation system and expand related budgets to support Hyundai Motor Group's plan to build an AI data center and robotics manufacturing plant in Saemangeum. Saemangeum Waterfront City is also slated to…...
Outstanding Overdraft Loan Balance at Banks Nears 70 Trillion Won... Over 14 Million Won per Account
16+ hour, 19+ min ago (334+ words) Published 14 Sep.2026 10:54(KST) The outstanding balance of bank overdraft loans has increased by more than 6 trillion won from January to July this year, approaching 70 trillion won. This is the largest amount since the end of 2021, when a stock market boom…...
Byungchul Yoon, Former Head of Gangwon Region at Hana Card, Appointed as President of Chuncheon Urban Corporation
17+ hour, 39+ min ago (116+ words) Published 14 Sep.2026 09:34(KST) Byungchul Yoon, former Head of the Gangwon Region at Hana Card, has been nominated as the new President of Chuncheon Urban Corporation. He has also served as Chair of the Chuncheon City Population Policy Committee and as…...
Lee Jaekeun, KB Financial Group Chairman Nominee: "Focusing on Capability Over Age... Will Lead Change and Innovation"
19+ hour, 12+ min ago (224+ words) Published 14 Sep.2026 08:02(KST) Updated 14 Sep.2026 08:13(KST) On September 14, Lee Jaekeun, the candidate for the next chairman of KB Financial Group, outlined his plan to proactively respond to changes in the financial environment driven by artificial intelligence (AI), digital transformation, and…...
Minister Kim Jungkwan Aims to Finalize U.S. Investment Deal This Week...$200 Billion Cap Will Be Maintained
1+ day, 7+ hour ago (238+ words) Published 13 Sep.2026 19:26(KST) Kim Jungkwan, Minister of Trade, Industry and Energy, announced a goal to finalize investment negotiations with the United States within this week. With agreements nearly reached on several key issues, remaining differences are expected to be coordinated…...
Lee Hyungil: "Active Fiscal Policy Needed... Can Be Harmonized with Sustainability"
1+ day, 19+ hour ago (209+ words) Published 13 Sep.2026 08:02(KST) Lee Hyungil, nominee for Deputy Prime Minister for Economic Affairs and Minister of Economy and Finance, stated on the 13th, "While fiscal sustainability is important, it is also necessary for fiscal policy to play an active role in…...
Director Park Sidong: "Investment Is Economic Sovereignty That Determines Life, Not Just Money"
1+ day, 14+ hour ago (459+ words) Published 13 Sep.2026 12:29(KST) Park Sidong, Director of the Goldilocks Economic Research Institute, emphasized that the goal of investing should not be limited to simple asset accumulation. He said, "You must first ask yourself what kind of life you want to…...
Korean Exports Already Surpass Last Year’s Record... "Goal Is 1 Trillion Dollars" - The Asia Business Daily
1+ day, 14+ hour ago (233+ words) Published 13 Sep.2026 12:15(KST) The upward trend in exports continues, driven by robust semiconductor exports. As of early September, total exports have already surpassed last year's full-year figures. The government is mobilizing all available resources to achieve its export target of…...
Non-Resident Single Homeowner with 4.3 Billion Won Property to Pay 4.29 Million Won More in Real Estate Tax Next Year
1+ day, 13+ hour ago (416+ words) Published 13 Sep.2026 13:39(KST) The government has projected that next year's comprehensive real estate holding tax for a non-resident single household owning an apartment valued at 4.3 billion won on the market will increase by approximately 4.29 million won compared to this year....