Acting President - 'Crisis Response Timing as Crucial as Policy Itself'
South Korean acting president emphasizes importance of timing in crisis response measures, highlighting the critical nature of both policy content and implementation timing
BOK Deputy Governor Yoo - 'Ready to Implement Market Stabilization Measures Immediately if Necessary'
Bank of Korea's Deputy Governor signals readiness for swift market intervention, emphasizing proactive stance on financial stability
Deputy Prime Minister Choi - 'Close Communication with National Assembly for Advanced Industry Fund, Industrial Bank Act Amendment, and Essential Supplementary Budget'
South Korean Deputy PM Choi emphasizes collaboration with National Assembly for strategic industry fund, legal amendments, and supplementary budget to address economic challenges
US to Impose 10% Tariff on Imports from UK, Singapore, and Brazil
US announces new tariff measures, targeting imports from key allies and trading partners in a move that could reshape global trade dynamics
White House - 'Additional Tariff Increases or Decreases Possible Based on Actions of Other Countries'
White House signals flexibility on tariff adjustments, hinting at potential increases or decreases based on international trade dynamics and reciprocal actions
South Korean Acting President Han Duck-soo announces plans to pass a 10 trillion won supplementary budget in April, focusing on disaster response, economic competitiveness, and public welfare amid recent wildfire damages.
#YonhapInfomax #SupplementaryBudget #DisasterResponse #EconomicMeasures #SouthKoreanPolitics #WildfireDamage #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=56222
Choi, Acting President, Announces 'Good Advance Purchase and Payment' Campaign—Recommends Use of External Restaurants
South Korea's Acting President Choi Sang-mok unveiled a 'Good Advance Purchase and Payment' campaign to support small businesses, urging government and public institutions to make advance purchases and payments, and recommending the use of external restaurants. Additional relief measures and regulatory adjustments are planned to ease burdens on small business owners.
Ruling Party - 'Construction Industry Situation Severe... Bold Consideration Needed for DSR Easing, Tax System Reform'
South Korea's ruling party calls for bold measures to support struggling construction industry, including easing DSR regulations and reforming real estate tax system
Acting President Choi - 'Expanding Policy-Based Microfinance by 1 Trillion Won... Additional 4.8 Trillion Won Financial Support'
South Korea's Acting President Choi announces 4.8 trillion won additional financial support, expanding policy-based microfinance by 1 trillion won to aid low-income groups amid economic challenges.
Yonhap Infomax News