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Yoon s market-driven policy backpedals

The government is bolstering efforts to lift regulations in the finance industry to achieve President Yoon Suk Yeol s vision of a market-driven economy. But at the same time, financial regulators are apparently ratcheting up efforts to bolster their influence on the management of banking groups, fueling skepticism over the government s commitment to serve the interests of financial firms. Concerns are rising over double standards in the Yoon administration s market-driven economic vision as financial authorities have been increasingly targeting bank CEOs at a time when their tenures are close to ending.

Korea to expand tax incentives for highly-skilled foreign engineers

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