South Korea’s Democratic Party lawmaker Ando Geol has proposed a bill to allow the National Pension Service to issue foreign currency bonds, aiming to diversify funding for overseas investments and reduce pressure on the domestic FX market.
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#NationalPensionService #ForeignCurrencyBonds #OverseasInvestment #ExchangeRateVolatility #AndoGeol
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https://en.infomaxai.com/news/articleView.html?idxno=106923
Ando Geol of Democratic Party Proposes Bill to Allow National Pension Service to Issue Foreign Currency Bonds

South Korea’s Democratic Party lawmaker Ando Geol has proposed a bill to allow the National Pension Service to issue foreign currency bonds, aiming to diversify funding for overseas investments and reduce pressure on the domestic FX market.

Yonhap Infomax
Ando Geol of the Democratic Party rebuffed opposition claims that the government is using the National Pension Service to defend the won, calling such assertions unfounded and emphasizing that cooperation with the NPS is essential for FX market stability and the protection of retirement assets.
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https://en.infomaxai.com/news/articleView.html?idxno=93250
Ando Geol of Democratic Party Slams Opposition's Call to Mobilize National Pension for FX Defense as 'Irresponsible Political Attack'

Ando Geol of the Democratic Party rebuffed opposition claims that the government is using the National Pension Service to defend the won, calling such assertions unfounded and emphasizing that cooperation with the NPS is essential for FX market stability and the protection of retirement assets.

Yonhap Infomax
South Korean lawmaker Ando Geol urges urgent fund-type reform of retirement pensions to establish them as a “second public pension,” citing lagging returns and looming National Pension Service deficits.
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#RetirementPension #NationalPensionService #FundTypeReform #AndoGeol #PensionAssets
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https://en.infomaxai.com/news/articleView.html?idxno=85262
South Korean lawmaker Ando Geol has proposed shifting the stock capital gains tax threshold from a per-stock basis to total equity holdings, aiming to curb tax avoidance and rationalize major shareholder criteria, with the finance ministry pledging a review.
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https://en.infomaxai.com/news/articleView.html?idxno=75891
Ando Geol, a Democratic Party lawmaker, dismissed the need for a third supplementary budget, urging that economic stimulus measures be fully reflected in next year’s main budget while emphasizing the importance of executing the current extra budget and addressing real estate market stability.
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https://en.infomaxai.com/news/articleView.html?idxno=71477