South Korea’s high-speed rail ridership reached 58.25 million in the first half of 2025, up 1.6% year-on-year, with KTX usage rising and foreign passenger numbers surging 13.4%.
#YonhapInfomax #HighSpeedRail #KTX #SRT #PassengerGrowth #MinistryOfLandInfrastructureAndTransport #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=71923

Kang Hee-eop, a seasoned transportation policy expert, has been appointed as South Korea's Second Vice Minister of Land, Infrastructure and Transport, bringing extensive experience in both traditional and future mobility sectors.
#YonhapInfomax #KangHeeEop #MinistryOfLandInfrastructureAndTransport #TransportationPolicy #ViceMinisterAppointment #FutureMobility #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=71857

South Korea's government has launched a joint special inspection targeting widespread illegal practices in regional housing cooperatives, aiming to protect members and enhance transparency across 618 ongoing projects nationwide.
#YonhapInfomax #RegionalHousingCooperative #MinistryOfLandInfrastructureAndTransport #SpecialInspection #FairTradeCommission #MemberContributions #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=71518

South Korea has officially recognized 31,437 victims of jeonse fraud, with 1,043 affected homes acquired by LH and expanded government support underway.
#YonhapInfomax #JeonseFraud #MinistryOfLandInfrastructureAndTransport #KoreaLandHousingCorporation #VictimSupport #FraudAffectedHomes #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70557

South Korea introduces new fire safety certification standards to facilitate the legal conversion of residential lodging facilities into officetels, easing corridor width requirements and detailing procedures for local government and fire agency approval.
#YonhapInfomax #FireSafetyCertification #OfficetelConversion #MinistryOfLandInfrastructureAndTransport #NationalFireAgency #BuildingActAmendment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70148

South Korea’s Ministry of Land, Infrastructure and Transport is expanding its K-Drone Delivery program from 50 to 166 regions in 2024, enabling drones to deliver goods, support rescue operations, and monitor coastal safety nationwide.
#YonhapInfomax
#KDroneDelivery #MinistryOfLandInfrastructureAndTransport #DroneRescue #JejuSeaUrchin #Incheon
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70147

South Korea’s housing supply sharply contracted in H1 2025 amid political turmoil and policy vacuum, with permits, starts, and completions all declining as key government initiatives stalled.
#YonhapInfomax #HousingSupply #MinistryOfLandInfrastructureAndTransport #ConstructionOrders #PolicyVacuum #PoliticalUncertainty #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=69849

South Korea’s housing supply shrank sharply in January–May 2025, with permits, groundbreakings, and pre-sales all posting double-digit declines, raising concerns over a growing supply-demand imbalance.
#YonhapInfomax #HousingSupply #MinistryOfLandInfrastructureAndTransport #Permits #Groundbreakings #PreSales #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=69848

South Korea's housing transactions rose 9.2% year-on-year in May, but new supply indicators weakened sharply, with unsold completed homes climbing for the 22nd straight month.
#YonhapInfomax #HousingTransactions #UnsoldHomes #MinistryOfLandInfrastructureAndTransport #Seoul #SupplyContraction #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=69845

South Korea’s government has scrapped plans to further ease income requirements for newborn loan programs, maintaining the dual-income household cap at 200 million won, and tightening loan limits as part of efforts to curb rising household debt.
#YonhapInfomax
#NewbornLoan #IncomeRequirement #HouseholdDebt #MinistryOfLandInfrastructureAndTransport #PolicyLoan
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=69666

The Geomdan Extension Line of Incheon Metro Line 1 opens June 28, slashing travel time from Geomdan to Seoul Station to 38 minutes and boosting commuter convenience.
#YonhapInfomax #GeomdanExtension #IncheonMetroLine1 #SeoulStation #CommutingTime #MinistryOfLandInfrastructureAndTransport #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=69636

South Korea will allow maturity funds from Youth Tomorrow Savings and Didim Seed Accounts to be deposited in lump sum into the Youth Housing Dream Subscription Account, offering young people higher interest rates and expanded homeownership opportunities.
#YonhapInfomax #YouthHousingDream #MinistryOfLandInfrastructureAndTransport #InterestRate #YouthTomorrowSavings #DidimSeedAccount #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=69452

South Korea's GTX-A high-speed rail line surpassed 13 million cumulative passengers, with ridership on the Unjeong–Seoul Station section exceeding forecasts and showing robust growth since opening.
#YonhapInfomax #GTXA #PassengerTraffic #MinistryOfLandInfrastructureAndTransport #SeoulStation #RidershipGrowth #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=69451

President Lee Jae-myung blocked a proposal to extend rental car age limits, citing public safety concerns and signaling a shift toward citizen-centered policy review.
#YonhapInfomax #PresidentLee #RentalCar #PolicyReview #PublicSafety #MinistryOfLandInfrastructureAndTransport #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68470

South Korea streamlines redevelopment in first-generation new towns, introducing electronic consent and easing resale rules to accelerate urban renewal and support developer liquidity.
#YonhapInfomax #Redevelopment #FirstGenerationNewTowns #MinistryOfLandInfrastructureAndTransport #ElectronicConsent #LiquiditySupport #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68398

South Korea’s government and local authorities are accelerating REIT-based real estate development, launching major projects in Seoul, Gyeonggi, and Incheon, following new legal frameworks to broaden public participation and market stability.
#YonhapInfomax
#REITs #MinistryOfLandInfrastructureAndTransport #YongsanInternationalBusinessDistrict #ProjectREIT #RegionalCoexistenceREIT
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68250

South Korea will require all new private apartment buildings to meet Grade 5 Zero Energy Building standards from June 30, raising construction costs but promising significant annual energy savings and supporting national carbon neutrality goals.
#YonhapInfomax #ZeroEnergyBuilding #MinistryOfLandInfrastructureAndTransport #EnergyPerformance #ConstructionCosts #CarbonNeutrality #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68080

South Korea’s Housing and Urban Fund faces calls for governance reform amid criticism over transparency, overlapping roles with other housing finance bodies, and the need for clearer public oversight.
#YonhapInfomax #HousingAndUrbanFund #GovernanceReform #Transparency #MinistryOfLandInfrastructureAndTransport #KoreaHousingFinanceCorporation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68043

South Korea's construction sector unveiled a 10-point roadmap to improve its image, focusing on safety, youth engagement, and ethical standards, with government backing.
#YonhapInfomax #ConstructionIndustry #MinistryOfLandInfrastructureAndTransport #ImageEnhancement #SafetyCulture #YouthEngagement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67265

South Korea's Ministry of Land, Infrastructure and Transport will launch 'drone parks' allowing unrestricted drone flights, with local governments invited to apply from June 11 to August 1.
#YonhapInfomax #DronePark #MinistryOfLandInfrastructureAndTransport #KoreaTransportationSafetyAuthority #DroneRegulation #LocalGovernmentApplications #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=66650