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Economy

Global Economy

Incheon Kicks Off Bid for 2028 G20 Summit in Earnest

The Incheon Metropolitan Government (Mayor Park Chan-dae) is launching a full-scale signature campaign to host the 2028 G20 Summit. The city said it will operate an on-site signature information…

Jang Hyung-im, Reporter · 2026/09/28 10:12

Global Economy

24th World Korean Business Convention Opens in Songdo on the 28th… 3,000 Overseas Korean Business Leaders Gather

The 24th World Korean Business Convention, which brings together ethnic Korean business leaders from around the world in Songdo, Incheon, opens on the 28th. Incheon Metropolitan City plans to…

Jang Hyung-im, Reporter · 2026/09/28 09:18

Economic Policy & Trends

Yeongjong-gu opens 681-meter Wangsan Beach coastal road, fulfilling longtime resident request

Yeongjong-gu District (Mayor Son Hwa-jeong) in Incheon said on the 23rd that it has finished building a coastal road that residents around Wangsan Beach had long requested, and that the…

Kim Mi-hee, Reporter · 2026/09/23 15:30

Economic Policy & Trends

Incheon-Democratic Party Budget Policy Council… Cooperation to Secure National Funds, Resolve Pending Issues

The Incheon Metropolitan Government (Mayor Park Chan-dae) and the Democratic Party of Korea have agreed to strengthen cooperation to secure next year's national funding and resolve regional pending issues.…

Jang Hyung-im, Reporter · 2026/09/23 10:17

FinTech

Government Officials Will Be Able to Pay Operating Expenses with Blockchain-Based Digital Currency

Government officials will soon be able to disburse operating expenses for public offices, such as business promotion funds, using a blockchain-based digital currency via a smartphone QR method, without…

Jang Hyung-im, Reporter · 2026/09/23 09:47

Economic Policy & Trends

Jemulpo-gu District Applies for Designation as ‘Preemptive Response Region for Industrial Crisis’ to Address Steel Industry Downturn

Jemulpo-gu District (Mayor Kim Chan-jin) and the Incheon Metropolitan City government officially submitted an application to the Ministry of Trade, Industry and Energy on the 21st, requesting that the district's…

Kim Mi-hee, Reporter · 2026/09/22 15:30

Economic Policy & Trends

Incheon City Holds First Fiscal Strategy Meeting, Signals ‘Belt-Tightening’ Austerity

The Incheon Metropolitan Government held its first fiscal strategy meeting since the launch of the Park Chan-dae administration to discuss the direction of its budget planning for fiscal 2027.…

Jang Hyung-im, Reporter · 2026/09/22 11:17

Economic Policy & Trends

Life After PBS Abolition… Vice Minister Koo Hyuk-chae of MSIT Strengthens Communication with Research Community

Koo Hyuk-chae, First Vice Minister of the Ministry of Science and ICT (MSIT; Deputy Prime Minister and Minister of Science and ICT Bae Kyung-hoon), attended a labor-management communication workshop…

Jang Hyung-im, Reporter · 2026/09/22 10:42

Economic Policy & Trends

Incheon Holds Investment Briefing for Overseas Korean Business Leaders in Tandem with World Korean Business Convention

The Incheon Metropolitan Government (Mayor Park Chan-dae) will host the 2026 Incheon Metropolitan City Investment Briefing at 11 a.m. on September 30 in the Premier Ballroom of Songdo Convensia,…

Jang Hyung-im, Reporter · 2026/09/22 10:14

Economic Policy & Trends

Policy Finance to Sharply Expand Support for Early-Stage Startups and Small Businesses

The Financial Services Commission (FSC) held an event on September 21 at the Industrial Bank of Korea to sign a memorandum of understanding (MOU) aimed at helping early-stage innovative…

Jang Hyung-im, Reporter · 2026/09/22 09:26

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