CBC MontrealMay 11
Free public transit boosts seniors’ budget and independence. Who else could it help?
With Montreal’s free senior transit program’s growing popularity and proven effectiveness, community organizations are hoping it can expand to other vulnerable groups.
https://www.cbc.ca/news/canada/montreal/montreal-stm-free-transit-seniors-concordia-9.7192334?cmp=rss
Yonhap Infomax NewsApr 22
South Korea's integrated finance-employment-welfare support system for low-income groups has expanded 3.5-fold in two years, surpassing 160,000 beneficiaries, with 78.8% earning below 25 million won annually and showing improved debt management outcomes compared to non-participants.
#YonhapInfomax #IntegratedSupport #FinancialServicesCommission #VulnerableGroups #DebtRestructuring #EmploymentWelfare #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=116876
Integrated Financial-Employment Support for Low-Income Groups Surpasses 160,000 - 3.5-Fold Expansion in Two Years

South Korea's integrated finance-employment-welfare support system for low-income groups has expanded 3.5-fold in two years, surpassing 160,000 beneficiaries, with 78.8% earning below 25 million won annually and showing improved debt management outcomes compared to non-participants.

Yonhap Infomax
Yonhap Infomax NewsApr 7
Major countries mobilize comprehensive support measures for vulnerable groups amid high oil prices, including subsidies to refiners, fuel tax cuts, strategic reserve releases, and price caps, as South Korea submits supplementary budget to parliament for Middle East crisis response
#YonhapInfomax #HighOilPrices #VulnerableGroups #EnergySubsidies #StrategicReserves #SupplementaryBudget #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=114149
Budget Office - 'Major Countries Mobilize Support for Vulnerable Groups Amid High Oil Prices'

Major countries mobilize comprehensive support measures for vulnerable groups amid high oil prices, including subsidies to refiners, fuel tax cuts, strategic reserve releases, and price caps, as South Korea submits supplementary budget to parliament for Middle East crisis response

Yonhap Infomax
Yonhap Infomax NewsMar 26
South Korea's ruling party and government agree on 25 trillion won supplementary budget to compensate petroleum price cap losses, support vulnerable groups through local currency, and expand renewable energy distribution amid high oil prices and economic challenges
#YonhapInfomax #SupplementaryBudget #PetroleumPriceCap #LocalCurrency #VulnerableGroups #RareEarths #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=112113
Ruling Party, Government to Support Vulnerable Groups with Local Currency in Supplementary Budget, Compensate Petroleum Price Cap Losses (Comprehensive)

South Korea's ruling party and government agree on 25 trillion won supplementary budget to compensate petroleum price cap losses, support vulnerable groups through local currency, and expand renewable energy distribution amid high oil prices and economic challenges

Yonhap Infomax
Yonhap Infomax NewsMar 22
South Korea's ruling Democratic Party announces plans to pass supplementary budget by April 10, targeting energy price support and assistance for vulnerable groups and businesses amid rising oil prices from Middle East crisis
#YonhapInfomax #SupplementaryBudget #DemocraticParty #HighOilPrices #VulnerableGroups #EnergyPriceSupport #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=111341
Yonhap Infomax NewsJan 28
Shinhan Bank will write off 2.7 billion won in special loans to help low-income and vulnerable groups regain access to financial services, supporting 3,395 individuals excluded from previous relief programs.
#YonhapInfomax #ShinhanBank #SpecialLoans #DebtRelief #InclusiveFinance #VulnerableGroups #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=102397
Shinhan Bank to Write Off 2.7 Billion Won in Special Loans to Support Financial Recovery for Low-Income and Vulnerable Groups

Shinhan Bank will write off 2.7 billion won in special loans to help low-income and vulnerable groups regain access to financial services, supporting 3,395 individuals excluded from previous relief programs.

Yonhap Infomax
Yonhap Infomax NewsDec 31
South Korea unveils measures to ease winter living costs for vulnerable groups, including minimizing public utility hikes, expanding heating bill support, and strengthening safety management during the year-end season.
#YonhapInfomax #PublicUtilityRates #HeatingBillSupport #VulnerableGroups #EnergyVouchers #WinterSafetyMeasures #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97820
Yonhap Infomax NewsDec 24
The Korea Exchange donated 100,000 coal briquettes and 26 tons of kimchi to 500 vulnerable households in Seoul and Busan, supporting social welfare efforts for the winter.
#YonhapInfomax #KoreaExchange #CoalBriquettes #VulnerableGroups #SocialContribution #KimchiDonation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97083
Korea Exchange Donates 100,000 Coal Briquettes to Vulnerable Groups Including Elderly Living Alone

The Korea Exchange donated 100,000 coal briquettes and 26 tons of kimchi to 500 vulnerable households in Seoul and Busan, supporting social welfare efforts for the winter.

Yonhap Infomax
Yonhap Infomax NewsDec 12
President Lee Jae-myung urged the Korea Post Financial Development Institute to deliver real inclusive finance for vulnerable groups, criticizing the sector's exclusionary practices and calling for action beyond rhetoric.
#YonhapInfomax #InclusiveFinance #PresidentLee #KoreaPost #FinancialSector #VulnerableGroups #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=95274
Yonhap Infomax NewsDec 4
The Financial Services Commission (FSC) has set its 2025 budget at 4.7 trillion won ($3.54 billion), up 11% year-on-year, focusing on future growth sectors like AI and semiconductors, expanded support for vulnerable groups, and increased funding to boost capital market transparency.
#YonhapInfomax #FinancialServicesCommission #2025Budget #FutureGrowth #VulnerableGroups #CapitalMarketTransparency #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93911
FSC Sets 2025 Budget at 4.7 Trillion Won, Prioritizing Future Growth and Support for Vulnerable Groups

The Financial Services Commission (FSC) has set its 2025 budget at 4.7 trillion won ($3.54 billion), up 11% year-on-year, focusing on future growth sectors like AI and semiconductors, expanded support for vulnerable groups, and increased funding to boost capital market transparency.

Yonhap Infomax