South Korea's Deputy Prime Minister Koo Yun-chul pledges to finalize fund-type retirement pension implementation plan by July, following landmark labor-management-government agreement on external reserves mandate and enhanced pension returns after two decades of negotiations.
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Koo Yun-chul - 'Fund-Type Retirement Pension Implementation Plan to Be Finalized by July'
South Korea's Deputy Prime Minister Koo Yun-chul pledges to finalize fund-type retirement pension implementation plan by July, following landmark labor-management-government agreement on external reserves mandate and enhanced pension returns after two decades of negotiations.
Yonhap InfomaxSouth Korea's Deputy Prime Minister Koo Yun-chul announced plans to implement fuel tax cuts following price cap measures if oil prices continue rising, while monitoring potential impacts from Hormuz Strait tensions on domestic oil markets with a two-week assessment cycle to determine appropriate policy responses.
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Koo Yun-chul - 'Fuel Tax Cuts to Follow Price Cap Implementation if Oil Prices Rise Further'
South Korea's Deputy Prime Minister Koo Yun-chul announced plans to implement fuel tax cuts following price cap measures if oil prices continue rising, while monitoring potential impacts from Hormuz Strait tensions on domestic oil markets with a two-week assessment cycle to determine appropriate policy responses.
Yonhap Infomax
President Lee - 'Supplementary Budget Needed for Direct Fuel Subsidies'... Koo Yun-chul 'Under Active Review'
President Lee signals need for supplementary budget to implement direct fuel cost support program, with Deputy Prime Minister Koo Yun-chul confirming active consideration
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Koo Yun-chul Considers Setting Maximum Gasoline Prices at Gas Stations
South Korean official Koo Yun-chul announces government review of price cap measures for retail gasoline stations amid rising fuel costs
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Koo Yun-chul - 'Will Closely Monitor FX Market to Prevent Herding, Ready to Respond in Timely Manner'
South Korea's financial authorities signal heightened vigilance over foreign exchange market volatility, pledging timely intervention to prevent one-sided movements
Yonhap InfomaxSouth Korea's Deputy Prime Minister Koo Yun-chul defended the $350 billion US investment plan, emphasizing it's structured for principal recovery with opportunities for Korean companies to participate and benefit from reduced tariffs, rejecting criticism that it amounts to giving away free money.
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Koo Yun-chul - 'US Investment Structured for Principal Recovery, Not Free Money'
South Korea's Deputy Prime Minister Koo Yun-chul defended the $350 billion US investment plan, emphasizing it's structured for principal recovery with opportunities for Korean companies to participate and benefit from reduced tariffs, rejecting criticism that it amounts to giving away free money.
Yonhap Infomax