Economy
- Local Economy & Small Business
Jemulpo-gu to Host Job Fair With 45 Companies, Including Root Industry Firms, on Oct. 14
Incheon's Jemulpo-gu District (Mayor Kim Chan-jin) will hold a large-scale job fair featuring 45 leading local companies and root industry firms at Sangsang Platform Wave Hall at 2 p.m. on Oct. 14. The district said it will co-host the "20…
- Local Economy & Small Business
Ongjin-gun County’s traditional fermented sauce project bears fruit after four years as Baengnyeongdo Island products go on sale
Ongjin-gun County (Governor Jang Jeong-min) saw its "Traditional Jang Production and Income Generation Support Project," run for four years since 2022, bear fruit this September as products went on sale. The project began as a residents' r…
- 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 desk during the World Korean Week events, in…
- 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 use the convention to intensively support local…
- 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 road will fully open to traffic. The new road is 681 …
- 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. On September 22, Mayor Park Chan-…
- Fintech & Digital Assets
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 a physical card. The Ministry of Scie…
- 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 steel industry be designate…
- 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. The meeting diagnosed the recurring structure …
- 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 hosted by the National Union of Public S…
