Economic Policy & Trends
- Economic Policy & Trends
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. Rockfish mainly inhabit shallow coastal w…
- 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 price of spectrum re-allocation. The ministry announced that …
- 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 resident tax payment month, urging them to file and pay by …
- 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 repairs. The initiative is intended to ease the …
- 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 that occurred in the district on July 13. The me…
- 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 the Saemangeum National Indus…
- 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 task force of ministers on special management of liveliho…
- 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 on July 13 seek relief. The newly op…
- 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 babies. Under the program, pregnant women…
- Economic Policy & Trends
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 ways to support the growth of the AI indu…
