SEOUL, July 18 (Korea Bizwire) – President Moon Jae-in’s ambitious policy project aimed at helping overcome the new coronavirus pandemic is expected to include expansion of employment insurance coverage and fostering of IT jobs for young job seekers. Earlier this week, Moon announced plans to invest 160 trillion won (US$133 billion) by 2025 to create [...]
SEOUL, July 16 (Korea Bizwire) — South Korea said Thursday it will spend 73.4 trillion won (US$60 billion) in the energy segment in line with its ambitious “New Deal” plan meant to transform the nation’s fossil fuel-reliant economy into an eco-friendly one. The projects could create around 659,000 jobs and help the country overcome the [...]
SEJONG, July 14 (Korea Bizwire) — South Korea will invest 160 trillion won (US$133 billion) by 2025 under its bold stimulus step, the “Korean New Deal,” projects that will help create 1.9 million jobs and kick-start the coronavirus-hit economy, Finance Minister Hong Nam-ki said Tuesday. Hong unveiled what the government calls “Digital and Green New [...]
SEJONG, Sept. 14 (Korea Bizwire) – Glimpses of the future – 57 to be exact – were distributed by the Ministry of Land, Infrastructure and Transport to regional (metropolitan, provincial and special) governments on September 14. President Moon’s “New Deal”, a promise of urban renewal, was one of his core campaign proposals, and the 57 [...]