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Economy

Economic Policy & Trends

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…

Jang Hyung-im, Reporter · 2026/08/13 11:46

Economic Policy & Trends

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…

Kim Mi-hee, Reporter · 2026/08/11 13:30

Economic Policy & Trends

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…

Kim Mi-hee, Reporter · 2026/08/06 11:00

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…

Kim Mi-hee, Reporter · 2026/08/05 11:30

Economic Policy & Trends

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…

Jang Hyung-im, Reporter · 2026/08/04 18:35

Economic Policy & Trends

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…

Jang Hyung-im, Reporter · 2026/08/04 18:22

Economic Policy & Trends

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…

Kim Mi-hee, Reporter · 2026/08/03 13:30

Economic Policy & Trends

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…

Jang Hyung-im, Reporter · 2026/07/27 16:39

Economic Policy & Trends

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…

Song Jung-sook, Reporter · 2026/07/17 15:00

Economic Policy & Trends

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…

Song Jung-sook, Reporter · 2026/07/17 10:00

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