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Sunday, June 26, 2022
Seoul-based insurer targets health-conscious customers ABL Life Insurance announced on July 10 that the company had launched a new health insurance product, which helps people design customized coverage. Toward that end, the Seoul-based company noted that the do-it-yourself (DIY) policy has...
Korean outfit organizes Savings Day every Friday In Uganda, 41 percent of its 44 million people live in poverty as they live on less than $1.9 a day, according to nonprofit organization Opportunity International. Up to 76 percent of the African...
Korean financial entity celebrates 59th anniversary The Korean Federation of Community Credit Cooperatives (KFCC) said on May 27 that its assets had surpassed the 250 trillion won ($200 billion) mark as of the end of last month. The country’s top apex...
Korea’s top brokerage house sees its 1Q revenue jump 10.4% South Korea’s top brokerage house Mirae Asset Securities announced on May 12 that its first-quarter sales amounted to 5.26 trillion won ($4.1 billion), up 10.4 percent from a year ago. Observers...
Korean financial outfit tapped into multiple foreign countries The Korean Federation of Community Credit Cooperatives (KFCC) has shared its experiences of making inroads into foreign companies at a financial conference in Seoul on April 22. To seek global win-win developments in...
Korean lender promises high interest rates Standard Chartered (SC) Bank Korea announced on April 22 that it had launched a marketing event of guaranteeing high interest rates to new customers. The product, dubbed the “SC My Signature Account,” will be available...
Korean insurance firm up for grab A few private equity funds at home and abroad strive to gobble up MG Non-Life Insurance, South Korea’s cash-strapped insurance company. A source familiar with the issue said on April 12 that the PEFs are...
Korean entity tries to offer financial services to more people The Korean Federation of Community Credit Cooperatives (KFCC) announced on April 11 that the outfit had hosted opening events of three branches in as many rural areas of Laos last...
Modern Monetary Theory is not the right fit for Korea Inc. This is the third of a three-part series, which highlights Modern Monetary Theory and the South Korean policies. _ ED. There are disputes whether or not the Modern Monetary Theory...
‘There is no free lunch’ This is the second of a three-part series, which highlights Modern Monetary Theory and the South Korean policies. _ ED. Legendary investor Jim Rogers blasts the Modern Monetary Theory (MMT), a heterodox macroeconomic theory that encourages...

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