finance-ministry
4 stories related to this topic, newest first.
koreatimes.co.krSouth Korea Presidential Chief Orders Probe into Retiree Business Abuses at Public Institutions
Kang Hoon-sik, presidential chief of staff, directed the finance ministry to investigate suspected abuses by retired employees of public institutions. He highlighted a retirees' association at Korea Expressway Corp. accused of improper profits from service stations. Efforts aim t…
japantimes.co.jpJapan Identifies 250 Private Universities for Potential Closure or Merger Due to Declining Youth Population
Japan's finance ministry has proposed closing or merging 250 private universities, which represent 40% of the country's 624 private higher education institutions, according to a report released this month. The move addresses enrolment shortfalls and financial pressures driven by…
Alan Murray-Rust / Wikimedia (CC BY-SA 2.0)South Korea Finance Minister Urges Bio Sector Cooperation Between Large Firms and SMEs
South Korea's Finance Minister Koo Yun-cheol emphasized the need for collaboration in the bio sector during a meeting in Seoul on April 27, 2026. He highlighted the importance of a cooperative ecosystem for sustainable growth amid technological transformations. A Bank of Korea re…
Substrate placeholder — needs reviewBrazil Allows Workers to Use Severance Fund for Debt Settlement
Brazil's finance minister announced that workers can use a fund normally reserved for severance pay or property purchases to settle debts. The measure aims to provide financial relief amid economic challenges. Details were reported in the Folha de S.Paulo newspaper.