Economic Policy & Trends
Yeongjong-gu, free legal counseling for power outage victims
Yeongjong-gu District (Mayor Son Hwa-jeong) in Incheon announced on the 5th that it will offer free legal counseling support to residents and small business owners affected by a power outage…
Saemangeum Districts 3, 7, and 8 Designated as Comprehensive Bonded Area… Backing Hyundai Motor’s 9 Trillion Won Investment
The Saemangeum Development and Investment Agency (Commissioner Moon Seong-yo) and the Korea Customs Service (Commissioner Lee Jong-wook) designated 6.0㎢ (1.81 million pyeong) covering Districts 3, 7, and 8 of…
Deputy PM Koo Yun-cheol: ‘Solid real-economy momentum continues’… Economic oversight strengthened around Emergency Economic Headquarters
On July 31 at the Government Complex Seoul, the government convened a meeting of the Emergency Economic Headquarters that also served as a meeting of economy-related ministers and a…
Yeongjong-gu District Launches Power Outage Damage Report Center Following July 13 Blackout
Incheon's Yeongjong-gu District (Mayor Son Hwa-jeong) began operating a dedicated report center on Aug. 3 to help residents and small business owners affected by a large-scale power outage that occurred…
SCB, a Credit Rating System for Small Business Owners, to Roll Out at 16 Banks from Late August
The Financial Services Commission (FSC) will phase in a dedicated credit rating system (SCB) reflecting the future growth potential of small business owners across the banking sector starting in…
Gangseo-gu to Provide 240,000 Won in Eco-Friendly Produce to 1,876 Pregnant Women, Applications Open July 20 on Ecoemall
Gangseo-gu in Seoul (Mayor Jin Kyo-hoon) is moving forward with its "Eco-Friendly Produce Support Program for Pregnant Women," aimed at ensuring healthy food for expectant and new mothers and their…
Gangseo-gu Wraps Up Miracle Medi Special Zone Medical Tourism Tour for Overseas Koreans and Foreign Nationals — From Airport Pickup to Custom Checkups, District Advances as Global Medical City
The Gangseo-gu Office in Seoul (Mayor Jin Kyo-hun) announced on the 16th that it had successfully completed a medical tourism tour of the Gangseo Miracle Medi Special Zone for groups…
Procurement Agency Seeks ‘Public Procurement as First Market’ Solutions at AI Firms’ Front Lines
The Public Procurement Service (PPS, Administrator Baek Seung-bo) visited artificial intelligence (AI) industry sites in Seoul on the 16th to hear the difficulties faced by companies and to discuss…
Yeongjong-gu Strongly Petitions Presidential Regulatory Reform Committee for Five Key Deregulation Measures
Incheon's Yeongjong-gu District (Mayor Son Hwa-jung), home to Incheon International Airport, has called on the government to reform regulations tailored to the area's unique characteristics. Mayor Son Hwa-jung attended the…
Jemulpo District to Roll Out Tailored On-Site Tax Collection for Small Delinquent Taxpayers
Incheon's Jemulpo District (Mayor Kim Chan-jin) will launch a new "Local Tax Arrears Management Team" this year to efficiently clear outstanding local tax and non-tax revenue arrears and help establish…
