The Bank of Korea has extended its 14 trillion won ($10.6 billion) special support program for SMEs by six months to July 2026, maintaining low-rate loans to aid regional firms and the self-employed amid uneven economic recovery.
#YonhapInfomax #BankOfKorea #SMESupport #14TrillionWon #MonetaryPolicy #InterestRate #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=99967
Bank of Korea Extends Temporary Special Support for SMEs by Six Months—Continued Backing for Regional Firms and Self-Employed
The Bank of Korea has extended its 14 trillion won ($10.6 billion) special support program for SMEs by six months to July 2026, maintaining low-rate loans to aid regional firms and the self-employed amid uneven economic recovery.
South Korea’s Board of Audit and Inspection found the National Tax Service unlawfully wrote off 1.4 trillion won in tax claims to reduce reported delinquencies, while high-value delinquents received preferential treatment and small-scale cases were neglected.
#YonhapInfomax #NationalTaxService #TaxDelinquency #StatuteOfLimitations #BoardOfAuditAndInspection #14TrillionWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=99362
Audit Finds 1.4 Trillion Won in Tax Claims Improperly Written Off—National Tax Service Faulted for Lax Delinquency Management
South Korea’s Board of Audit and Inspection found the National Tax Service unlawfully wrote off 1.4 trillion won in tax claims to reduce reported delinquencies, while high-value delinquents received preferential treatment and small-scale cases were neglected.
Daewoo Engineering & Construction has entered the bidding for Seoul’s Seongsu District 4 redevelopment, a 1.4 trillion won ($1.08 billion) project to build 1,439 residential units, aiming to leverage its premium brand and construction expertise.
#YonhapInfomax #DaewooEngineeringConstruction #SeongsuDistrict4 #Redevelopment #ResidentialUnits #14TrillionWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=99073
Daewoo E&C Bids for Seongsu District 4 Redevelopment Project
Daewoo Engineering & Construction has entered the bidding for Seoul’s Seongsu District 4 redevelopment, a 1.4 trillion won ($1.08 billion) project to build 1,439 residential units, aiming to leverage its premium brand and construction expertise.
Hanwha Impact Partners has sold its entire 4.27% stake in Hanwha Ocean for 1.4 trillion won ($1.02 billion) via a block deal, with proceeds to fund Hanwha Group's MASGA project and strengthen its financial structure.
#YonhapInfomax #HanwhaImpactPartners #HanwhaOcean #BlockDeal #MASGAProject #14TrillionWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=80306Hanwha Impact Partners has exited Hanwha Ocean Co. by selling its entire 4.27% stake via a 1.4 trillion won ($1.02 billion) block deal, marking a major shareholder shift in the South Korean shipbuilder.
#YonhapInfomax #HanwhaImpactPartners #HanwhaOcean #BlockDeal #StakeSale #14TrillionWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=80301
Hanwha Impact Partners Sells Entire Stake in Hanwha Ocean via Block Deal—Transaction Valued at 1.4 Trillion Won
Hanwha Impact Partners has exited Hanwha Ocean Co. by selling its entire 4.27% stake via a 1.4 trillion won ($1.02 billion) block deal, marking a major shareholder shift in the South Korean shipbuilder.
Hanwha Impact Partners Sells Entire Stake in Hanwha Ocean via Block Deal—Transaction Valued at 1.4 Trillion Won
Hanwha Impact Partners has divested its entire stake in Hanwha Ocean through a block deal worth 1.4 trillion won, signaling a major shift in South Korea's shipbuilding sector.
LG Chem Sells Water Solutions Business for 1.4 Trillion Won—Glenwood PE to Acquire
LG Chem Ltd. will sell its Water Solutions business to Glenwood Private Equity for 1.4 trillion won ($1.01 billion), streamlining its portfolio to focus on core growth sectors.
Yonhap Infomax News