Finance minister stresses need to address supply chain stability To that end, Finance Minister Lee Hyoung-il said that the government will expand the list of strategically important items; replace its current classification system; and build stockpiles of strategic items and diversify import sources. 2026.10.12
Korea extends fuel tax cuts through November The government will keep fuel tax reductions in place for two more months to ease household costs amid Middle East-driven oil price volatility. 2026.9.18
Korea offers guidelines for RFI-K under won's internationalization vision Revised rules let registered foreign institutions settle won transactions offshore as Korea advances currency internationalization. 2026.9.16
In Moody's meeting, Korea emphasizes financial fundamentals, future plans The global credit appraiser gave a positive assessment of Seoul’s 2027 budget strategy, Future Fund plan and efforts to make Korean markets more accessible to foreign investors. 2026.9.8
Government delays tougher delisting rules for Kospi, Kosdaq by six months Smaller Kospi and Kosdaq companies will get six more months to meet higher market capitalization thresholds, with eligible firms offered a smoother move to Konex. 2026.9.4
Korea sees state-run firms' debt reaching nearly 1 quadrillion won by 2030 The projected debt at 37 state-run firms will reach 997.4 trillion won ($728.6 billion) by 2030, led by a sharp rise at the public housing developer, according to projections by the Ministry of Finance and Economy. 2026.9.1
Korea keeps tax deduction for nonresident single-home owners after backlash The government finalized higher property tax burdens for high-end homes while preserving the 1.2 billion ($873,000) won deduction for single-home owners who rent out their properties. 2026.9.1
Finance minister calls off departure for G20 meeting after successor is named, then reverses course The reasoning appears to be that the international schedule should continue as scheduled, with Koo Yun-cheol attending as the sitting deputy prime minister until his successor is sworn in. 2026.8.30
Finance minister, AIIB president discuss tech and infrastructure cooperation Finance Minister Koo Yun-cheol met with Asian Infrastructure Investment Bank (AIIB) President Zou Jiayi, her first visit to an advanced donor country in Asia since taking office in January. 2026.8.24
Korea to impose antidumping tariffs on Thai seamless copper pipes Seoul will impose antidumping duties of 4.9 to 8.4 percent on Thai seamless copper pipes starting Sept. 11. 2026.8.21
