President Lee Jae-myung has urged tighter oversight of the EDCF, warning of political influence and potential waste of taxpayer funds, and called for stricter management by the Export-Import Bank of Korea.
#YonhapInfomax #EDCF #ExportImportBankOfKorea #PresidentLeeJaeMyung #InterestRates #TaxpayerMoney #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=95132
President Lee Expresses Concern Over EDCF Being Swayed by Politics—Calls It a Waste of Taxpayer Money
President Lee Jae-myung has urged tighter oversight of the EDCF, warning of political influence and potential waste of taxpayer funds, and called for stricter management by the Export-Import Bank of Korea.
South Korean President Lee Jae-myung has ordered the immediate suspension of a 700 billion won ($530 million) Philippine infrastructure loan project after reports alleged it was revived under political pressure, highlighting concerns over corruption and the safeguarding of public funds.
#YonhapInfomax #LeeJaeMyung #EDCF #KwonSeongDong #PhilippineProject #CorruptionAllegations #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=80849
President Lee Orders Immediate Suspension of Philippine Loan Project Amid Kwon Seong-dong Pressure Allegations
South Korean President Lee Jae-myung has ordered the immediate suspension of a 700 billion won ($530 million) Philippine infrastructure loan project after reports alleged it was revived under political pressure, highlighting concerns over corruption and the safeguarding of public funds.
The special counsel investigating First Lady Kim Keon Hee has raided South Korea's Finance Ministry over alleged influence in expanding Cambodia's ODA fund, targeting key departments and related institutions.
#YonhapInfomax #KimKeonHee #MinistryOfEconomyAndFinance #CambodiaODA #EDCF #SpecialCounselInvestigation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=72981
Kim Keon Hee Special Counsel Raids Finance Ministry Over Cambodia Economic Cooperation Fund
The special counsel investigating First Lady Kim Keon Hee has raided South Korea's Finance Ministry over alleged influence in expanding Cambodia's ODA fund, targeting key departments and related institutions.
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Export-Import Bank of Korea unveils plans to launch 40 EDCF projects worth 4 trillion won in 2025, focusing on green initiatives, digital technology, and supply chains to support Korean companies' overseas expansion.
#YonhapInfomax #ExportImportBank #EDCF #KFinance #SupplyChain #OverseasExpansion #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=56727
Export-Import Bank of Korea to Launch 40 EDCF Projects Worth 4 Trillion Won This Year
Export-Import Bank of Korea unveils plans to launch 40 EDCF projects worth 4 trillion won in 2025, focusing on green initiatives, digital technology, and supply chains to support Korean companies' overseas expansion.
Yonhap Infomax News
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