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Reporter : Lee Kyung-min
Fri, January 21, 2022 | 01:40
Korea to extend tax incentive for non-Middle East crude oil importers for 3 years
The government has decided to extend tax incentives for importers of crude oil produced in non-Middle Eastern countries, in a measure to diversity procurement of the key import item, the energy ministry said Monday.
Korea asks US for immediate talks on steel tariffs
The government has officially asked the U.S. to start talks on steel tariffs, as recent developments on the matter involving the European Union (EU) and Japan could hurt Korean steel companies' business interests in the world's largest economy, the country's top trade negotiator said Monday.
Statistics Korea head shares knowledge of civil registration data
Statistics Korea Commissioner Ryu Keun-kwan attended the Second Ministerial Conference on Civil Registration and Vital Statistics in Asia and the Pacific, the agency said Monday.
Over 1 in 4 foreign investors concerned over 'Korea risk'
More than one in four foreign-invested firms said Korea has particularly high risks compared to other countries, as best characterized by rigidity in the labor market and unresolved challenges in the business environment, a survey showed Friday.
[Reporter's Notebook] Self-serving excuse of FSC for borrowing rate hike
It is incredibly hard to be a person of principle, especially when circumstances are unfavorable.
[ANALYSIS] Finance ministry's reluctance towards inheritance tax revision criticized
Criticism is mounting against the finance ministry over its deliberate omission of measures to reduce the inheritance tax rate that is currently up to 50 percent, in a report submitted to the National Assembly for its tax policy revision session.
Shinhan Financial chair elected as UNEP FI leadership council member
Shinhan Financial Group Chairman Cho Yong-byoung has been elected as a member of the Leadership Council under the United Nations Environment Programme Finance Initiative (UNEP FI), the group said Thursday.
Kyobo Life resumes IPO push
Kyobo Life Insurance confirmed its plan to resume stalled steps for an initial public offering (IPO) next year, buoyed by what it claims was a victory in a years-long dispute with a financial investor over a put option worth 2 trillion won ($1.6 billion).
[ANALYSIS] Real estate tax policy bordering on populism stunt
Korea's two leading presidential contenders are reducing real estate tax policy to a populism stunt, in calculated moves fully aware of the political value of the highly divisive issue - the chief failure of the Moon Jae-in administration that is causing voter discontent.
Finance subcommittee discusses delay of crypto tax
A subcommittee under the National Assembly Strategy and Finance Committee discussed whether to delay taxing gains from cryptocurrency trading, Monday.
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