Economy
- Economic Policy & Trends
Yeonsu-gu to inspect top-ranked bidders for construction projects, screening out ‘paper companies’ at bidding stage
Incheon's Yeonsu-gu District (Mayor Lee Jae-ho) has set up a safeguard to stop so-called "ghost companies" from winning public construction contracts. These are firms that meet construction business registration requirements only on paper.…
- Economic Policy & Trends
Yeongjong-gu reviews 79 subsidy items and other fiscal agenda ahead of first main budget since launch
Incheon's Yeongjong-gu District (Mayor Son Hwa-jeong) has begun preparing its 2027 main budget in earnest. The district held the ‘2026 3rd Local Subsidy Management Committee’ meeting on the 22nd in the main conference room of the district …
- Local Economy & Small Business
Jemulpo e-Eum Offers Extra 5% Cashback for Two Months at Year-End, Bringing Total Refund to 15% of Purchases
Incheon's Jemulpo-gu District (Mayor Kim Chan-jin) will hold a special year-end event for two months, from Nov. 1 to Dec. 31, offering an additional 5 percent cashback on purchases made with its local currency, Jemulpo e-Eum. The district …
- Local Economy & Small Business
Michuhol-gu Job Fair for People with Disabilities Draws Some 400 Job Seekers to On-Site Interviews with 35 Companies
Incheon's Michuhol-gu District (Mayor Kim Jung-sik) held the "2026 Michuhol-gu Job Fair for People with Disabilities" on the 21st in the main conference hall of the district office. Thirty-five local companies conducted on-site interviews,…
- Economic Policy & Trends
Yeongjong-gu Expands Banks Offering Dedicated Local Subsidy Accounts From One to Three
Starting Jan. 1, 2027, organizations and businesses that receive local subsidies from Yeongjong-gu District (Mayor Son Hwa-jeong) in Incheon will be able to open their dedicated accounts at any of three local financial institutions. Curren…
- Economic Policy & Trends
Incheon, 11 Districts and Counties Reach Wage Deal With Public Service Workers… Base Pay Up 3.5%
Incheon Metropolitan City and the 11 districts and counties under its jurisdiction have concluded their 2026 wage and collective bargaining negotiations with public service workers. Ongjin-gun County (Governor Jang Jung-min) said on the 21…
- Local Economy & Small Business
Jemulpo-gu District Steps Up Push for Steel Industry Crisis Preemptive Response Zone Designation
Jemulpo-gu District (Mayor Kim Chan-jin) in Incheon has launched an all-out campaign to publicize the crisis facing the local steel industry and secure designation as a "preemptive response zone for industrial crisis in the steel sector." …
- Local Economy & Small Business
Ongjin County Runs First ‘Job Hope Bus’ in Bukdo-myeon Since Opening of Sindo Peace Bridge
Ongjin-gun County (Governor Jang Jeong-min) has begun taking job counseling directly to residents of Bukdo-myeon for the first time since the Sindo Peace Bridge opened. The county said it held job counseling sessions under its "visiting Jo…
- Economic Policy & Trends
Yeongjong-gu to repay former Jung-gu’s 18.1 billion won temporary loan upfront, urges Jemulpo-gu to join debt-sharing review
Yeongjong-gu District (Mayor Son Hwa-jeong) in Incheon has decided to repay in full, ahead of time, a temporary loan of 18.1 billion won taken out when the area was part of the former Jung-gu District. The Incheon Metropolitan Government h…
- Economic Policy & Trends
Yeonsu-gu Mayor Lee Jae-ho Hails GTX-B Cheonghak Station’s Conditional Approval as “Starting Point for Old Downtown’s Revival”
A plan to build a new Cheonghak Station on Line B of the Great Train Express (GTX), the Seoul metropolitan area's express rail network, has conditionally passed the Ministry of the Interior and Safety's central investment review. The resul…
