South Korea plans future fund fueled by chip boom

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DW Germania 1h

South Korea plans future fund fueled by chip boom

PoliticsSouth KoreaSouth Korea plans future fund fueled by chip boomRichard Connor with ReutersSouth Korea plans to channel windfall tax revenue from its booming semiconductor industry into a new future fund. The money would help finance major industrial projects and to support younger generations.»»»

dw.com
TheStraitsTimes Singapore 3h

South Korea to create future fund from chip windfall to spur growth, tackle inequality

SEOUL - South Korea plans to establish a future fund using extra tax revenue generated by a semiconductor boom to invest in growth engines, support for younger generations and efforts to address widening inequality, a top government official said on July 5. Speaking at a meeting between the governm»»»

straitstimes.com
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