Economic Policy & Trends
Ongjin County supplies 57,000 quality kimchi cabbage seedlings in Baengnyeong-myeon
Ongjin-gun County (Governor Jang Jeong-min) announced that it will supply a total of 57,000 quality kimchi cabbage seedlings, produced at a certified nursery in Baengnyeong-myeon, to local farming households from…
Government Freezes 9th Petroleum Price Cap for Four Weeks… Gasoline Held at 1,784 Won
The Ministry of Trade, Industry and Energy (Minister Kim Jung-kwan) announced on August 22 that it will freeze the 9th petroleum maximum price, effective for four weeks from midnight…
Incheon Signs Three ‘Virtuous-Cycle Shared Growth’ Agreements with Hana Bank, Hana Securities and KIBO
The city of Incheon has joined hands with Hana Bank, Hana Securities and the Korea Technology Finance Corporation (KIBO) to sign three business agreements covering local small merchants, promising…
July ICT Exports Reach US$53.36 Billion, a Record High for Any July
In July 2026, South Korea's information and communications technology (ICT) exports reached US$53.36 billion, the largest figure ever recorded for the month of July. Imports stood at US$18.30 billion,…
Incheon Rewards Contributors to Foreign Investment Attraction… Citizens and Public Officials Eligible
The Incheon Metropolitan Government will pay performance bonuses to citizens and public officials who have contributed to attracting foreign investment. The measure aims to boost participation by offering tangible…
Nam Young-hee, Incheon Vice Mayor for Political Affairs, Inspects Homeplus Guwol Branch… Pledges Support for Employment and Commercial District Stability
The Incheon Metropolitan Government announced that Nam Young-hee, Vice Mayor for Global City and Political Affairs, visited the Homeplus Guwol branch on August 13 to inspect the reopening of…
Ongjin County releases 300,000 rockfish fry off Jangbong Island
Ongjin County (Governor Jang Jeong-min) announced that it released 300,000 rockfish fry into coastal waters off Jangbong Island on Aug. 13 to boost fishermen's incomes and restore marine resources. [The Korean…
Science Ministry Begins Overhaul of Spectrum Re-Allocation Pricing System
The Ministry of Science and ICT (Deputy Prime Minister and Minister of Science and ICT Bae Kyung-hoon) is launching a full-scale effort to improve the system for calculating the…
Yeongjong-gu District, August Designated Resident Tax Payment Month — Filing and Payment Due by the 31st
Incheon's Yeongjong-gu District (Chief Sohn Hwa-jeong) announced on the 11th that it has sent out payment notices to resident tax payers in the district as part of the August 2026…
Ongjin County to subsidize sea transport costs for farm machinery repairs on islands
Ongjin-gun County (Governor Jang Jeong-min) has launched a new program this year to subsidize the sea transport costs that island farmers incur when moving farm machinery to the mainland for…
