MINISTRY OF STRATEGY AND FINANCE

Entity type image
Type: Organization
Name: MINISTRY OF STRATEGY AND FINANCE
First reported 7 hours ago - Updated 7 hours ago - 1 reports

Gov’t to double budget for public soft..

The South Korean government decided to double the budget for public software maintenance by 2017. The decision signifies the government will revamp the practice of undercharging software maintenance subcontractors, starting in the public sector.The decision ... [Published Maekyung - 7 hours ago]
First reported 16 hours ago - Updated 11 hours ago - 2 reports

State arms procurer requests 11 tln won budget for next year

South Korea’s state arms procurement agency said Tuesday it has assigned 11.9 trillion won (U.S.$ 10.5 billion) for its weapons acquisition plan next year to enhance missile and combat capability, an increase of 17 percent from this year’s budget.The ... [Published US News Las Vegas - 11 hours ago]
First reported 14 hours ago - Updated 12 hours ago - 2 reports

Heads of two public firms fail in management evaluation

Heads of the state-run Korea Coal Corp. and the Korea Institute of Nuclear Safety have been recommended for dismissal due to poor management practices, the finance ministry said Tuesday.According to the Ministry of Strategy and Finance, Kim Hyun-tae, ... [Published Maekyung - 12 hours ago]
First reported Jun 17 2013 - Updated Jun 17 2013 - 1 reports

ICT for Development Institution Building

This APCICT knowledge resource is the inaugural issue of the Knowledge Sharing Series (KSS). The resource explores the importance of institution building to effectively develop ICT capacity for national socio-economic development. It outlines the necessity ... [Published Zunia.org RSS - Jun 17 2013]
First reported Jun 16 2013 - Updated Jun 17 2013 - 1 reports

Korea to increase forex oversight

Financial authorities expected to increase collaboration to curb tax evasionUpdated : 2013-06-16 20:38The Ministry of Strategy and Finance said Sunday that it planned to propose amendments to legislation on foreign exchange transactions to allow increased ... [Published Korea Herald - Jun 16 2013]
First reported Jun 17 2013 - Updated Jun 17 2013 - 1 reports

Finance Minister to Meet with Heads of Economic, Tax Watchdogs

Deputy Prime Minister and Finance Minister Hyun Oh-seok will meet with the heads of the National Tax Service, the Korea Customs Service and the Fair Trade Commission on Tuesday morning.The Ministry of Strategy and Finance said that at the meeting, the ... [Published Korea Broadcasting System - Jun 17 2013]
First reported Jun 17 2013 - Updated Jun 17 2013 - 1 reports

High-Income Earners Likely to Pay More Taxes in 2014

Middle- to high-income earners will likely pay more taxes next year, according to a tax reform bill that the Ministry of Strategy and Finance aims to put into action in August.The gist of the plan involves converting some income-deductible items into ... [Published Digital Chosun - Jun 17 2013]
First reported Jun 16 2013 - Updated Jun 16 2013 - 1 reports

Gov't To Get Tougher On Offshore Tax Evasion

The government will impose a tougher crackdown on offshore tax evaders by introducing tougher rules on cross-border foreign exchange transactions.The Ministry of Strategy and Finance said it is moving to rewrite the enforcement decree of the Foreign Exchange ... [Published Tbs eFM - Jun 16 2013]
First reported Jun 14 2013 - Updated Jun 14 2013 - 1 reports

May Jobs Number Stays below 300,000 Level

Friday, June 14th, 2013 Korea IT Times (info@koreaittimes.com)SEOUL, KOREA - The net increase of the May jobs number was below the 300,000 level from a year ago. The number of self-employed has declined for the fifth consecutive month. According ... [Published KOREA IT TIMES - Jun 14 2013]
First reported Jun 13 2013 - Updated Jun 14 2013 - 4 reports

S. Korea to maintain modest recovery trend: BOK

The South Korean economy was expected to maintain its modest recovery trend in accordance with the gradual global recovery, the central bank said Thursday after freezing the policy rate at 2.5 percent. "In the coming months, the South Korean economy is ... [Published Individual.com - Jun 13 2013]
First reported Jun 13 2013 - Updated Jun 13 2013 - 1 reports

MINISTRY OF STRATEGY AND FINANCE OF THE REPUBLIC O : 2013 Council of Local Governments

Budget Office > Fiscal Cooperation DivisionMOSF HOLDS 2013 COUNCIL OF LOCAL GOVERNMENTSThe Ministry of Strategy and Finance held the 2013 council of local governments on June 13 to listen to voices from local governments.More than 200 local government ... [Published 4 Traders - Jun 13 2013]
First reported Jun 12 2013 - Updated Jun 12 2013 - 1 reports

MINISTRY OF STRATEGY AND FINANCE OF THE REPUBLIC O : 9th Ministerial Meeting on the Economy

Ministry of Strategy and Finance of the Republic o : 9th Ministerial Meeting on the EconomyDeputy Prime Minister Oh-Seok Hyun hosted the 9th Ministerial Meeting on the Economy on June 12. Today's discussions were about i) measures to improve SME productivity ... [Published 4 Traders - Jun 12 2013]

Quotes

"We are discussing whether to expand the beneficiaries of the APEC business travel card to some service sectors" a high-ranking government official said
As for the slowdown in the net jobs number for the month, Gong Mi-sook, manager in charge of employment statistics, said, "The Buddha's birthday holiday that fell on May 17 may have an effect on the decline." The Ministry of Strategy and Finance said the job market conditions have somewhat improved in the second quarter in comparison with the first, factoring...
...5 percent. "In the coming months, the South Korean economy is expected to maintain its modest uptrend in line with the gradual recovery of the global economy" Bank of Korea (BOK) said in a statement following the June monetary policy meeting
...forecasting the central bank would hold its policy steady after having cut the rate in May for the first time in seven months in a surprise move. "After the rate cutcut in May, I don't see any additional cuts as further economy slowdown doesn't seem likely in the second or third quarter" said Jung Sung-wook, a fixed-income analyst at KTB Securities in Seoul

More Content

All (81) | News (79) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
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Gov’t to double budget for public soft.. [Published Maekyung - 7 hours ago]
State arms procurer requests 11 tln won budget ... [Published US News Las Vegas - 11 hours ago]
Heads of two public firms fail in management ev... [Published Maekyung - 12 hours ago]
Heads of two state-run firms fail in management... [Published Yonhap News Agency - 14 hours ago]
State arms procurer requests 11 tln won budget ... [Published Yonhap News Agency - 16 hours ago]
ICT for Development Institution Building [Published Zunia.org RSS - Jun 17 2013]
Foreign Exchange System Improvements [Published Noodls - Jun 17 2013]
Finance Minister to Meet with Heads of Economic... [Published Korea Broadcasting System - Jun 17 2013]
High-Income Earners Likely to Pay More Taxes in... [Published Digital Chosun - Jun 17 2013]
Low yields are forcing insurers to adjust [Published Korea Joongang Daily - Jun 16 2013]
Minister of land, infrastructure, transport to ... [Published Maekyung - Jun 16 2013]
Gov't To Get Tougher On Offshore Tax Evasion [Published Tbs eFM - Jun 16 2013]
Korea to increase forex oversight [Published Korea Herald - Jun 16 2013]
Korea Seeks More Visa-Free Access to APEC Nations [Published Digital Chosun - Jun 14 2013]
May Jobs Number Stays below 300,000 Level [Published KOREA IT TIMES - Jun 14 2013]
AsPac states move on rates [Published Business World - Jun 13 2013]
Gov$$t to double budget for public software mai... [Published Maekyung - Jun 13 2013]
MINISTRY OF STRATEGY AND FINANCE OF THE REPUBLI... [Published 4 Traders - Jun 13 2013]
S. Korea to maintain modest recovery trend: BOK [Published Individual.com - Jun 13 2013]
1st LD Writethru: S. Korea freezes interest rat... [Published Individual.com - Jun 13 2013]
UPDATE 1-S.Korea c.bank keeps rate, seen on hol... [Published CNBC - Jun 13 2013]
2nd LD Writethru: S. Korea freezes interest rat... [Published Individual.com - Jun 13 2013]
MINISTRY OF STRATEGY AND FINANCE OF THE REPUBLI... [Published 4 Traders - Jun 12 2013]
S. Korea's job growth slows on sluggish economy [Published Individual.com - Jun 12 2013]
Korea to redraft business regulations from scratch [Published Korea Herald - Jun 11 2013]
ISA to disrupt S. Korea$$s steel, auto exports ... [Published Maekyung - Jun 11 2013]
Seoul shares fall 0.6 pct as Samsung Elec slides [Published Sharenet - Jun 11 2013]
Gov't to Raise 2013 Growth Forecast to 2.8% fro... [Published KOREA IT TIMES - Jun 11 2013]
Ministry unveils plans to boost child care centers [Published Korea Herald - Jun 10 2013]
Gov$$t considers revising up 2013 growth projec... [Published Maekyung - Jun 09 2013]
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ICT for Development Institution Building [Published Zunia.org RSS - Jun 17 2013]
This APCICT knowledge resource is the inaugural issue of the Knowledge Sharing Series (KSS). The resource explores the importance of institution building to effectively develop ICT capacity for national socio-economic development. It outlines the necessity ...
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