Headlines
More +Pulmuone Orga Whole Foods to Hold ‘Eco-friendly Green Festa’ until the 26th
Woori Financial Group to Create Busan Start-Up Ecosystem, Vitalizing Local Economy
FSS: "Beware of leading room scams using emergency martial law as a pretext for fund source investigations"
Shinhan Securities to Hold Five Overseas Stock Events Until the End of March
Hana Financial Amends Internal Governance Regulations
Woori Financial Establishes Ethics Management Office, Accelerating Internal Control Innovation
Mirae Asset to Hold Dividend Event for Two 'TIGER US Representative Index ETFs'
Prosecution summons Daebang Construction CEO as suspect for 'reselling public land to affiliates'
Policy
More +First Korea-Saudi Arabia Commissioner Meetings Held to Discuss Eliminating Double Taxation for Corporations
National Tax Service Commissioner Kang Min-su met with Saudi Arabian Tax Authority Commissioner Suhail Abami in Riyadh to discuss tax issues and support for companies operating in both countries.
First Quarter National Deficit Reaches 61.3 Trillion Won, Second Largest Ever... Fiscal Soundness Warning Signs
South Korea's consolidated fiscal balance recorded a 50 trillion won deficit in the first quarter, while the managed fiscal balance hit a 61.3 trillion won deficit, marking the second-largest deficit in history.
Koo Yun-cheol: "If oil prices rise to $120–$130, it enters Stage 3 Crisis... Considering vehicle 5-day rotation system for private vehicles"
Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol stated that if international oil prices surge to $120–$130 per barrel, the government may expand the vehicle 5-day rotation system to the private sector. He also outlined a 25 trillion won supplementary budget to mitigate the economic impact of the Middle East war and addressed foreign exchange stability and real estate taxation.