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Korean government reviews tariff reduction on 90 items, including LNG and eggs The Korean government will consider cutting tariff on 90 import items, including liquefied natural gas (LNG) and eggs, due to the recent inflationary pressure such as the increase in international oil prices and raw material prices.It is analyzed that the government will temporarily lower the tariff rate on a fixed quantity of import items, which are directly related to consumer prices, for a certain period of time to stabilize prices.According to the government authorities on the 20th, related ministries such as the Ministry of Trade, Industry and Energy and the Ministry of Agriculture, Food 10월 21일 10시 10분

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Centre targets one billion tonne coal production by 2024 Ministry of Coal on Monday set a target of one billion tonne coal production by 2024.The Ministry of Coal finalized an Agenda Document for the year 2021-22 which broadly focuses on the four areas including coal sector reforms, coal transition and sustainability, institution building and futuristic agenda. The Agenda covers the entire gamut of areas for steering the coal sector into new technologies while focussing on the core competence of ensuring set production targets including the one billion tonne by 2024.Coal Sector Reforms include Projects for the financial year 2021-22, Jharia Master P 10월 05일 09시 10분

Galaxy Z Fold 3 & Z Flip 3 in front of 1 million domestic sales… the largest sales ever Samsung Electronics’ [005930] Galaxy Z Fold 3 and Galaxy Z Flip 3 are setting a record high level in sales of Galaxy series ever.According to the mobile industry on the 1st, these products are highly expected to exceed 1 million units sold this weekend, about a month after their launch on August 27.This is similar to the Galaxy Note 10 and Galaxy S8, which surpassed 1 million units in sales the fastest before, and has been evaluated as ‘all-time hit.’According to the industry, sales performance is much higher than expectation considering that these models are the premium products applied wi 10월 01일 17시 10분

Imported luxury bags were sold worth 174.1 billion won despite the COVID-19… Special consumption tax revenue increased 38% Although consumption decreased due to COVID-19 pandemic last year, sales of imported luxury bags increased, reaching nearly 180 billion won.According to the research received by People Power party lawmaker Seo Byung-soo of the National Assembly's Strategy and Finance Committee from the National Tax Service and the Korea Customs Service on the 4th, the amount of the special consumption tax imposed on imported luxury bags increased by 38.1% year-on-year to 25.6 billion won last year, showing the largest increase rate among high-end products. In the case of luxury bags and watches, 20% of the pro 10월 05일 09시 10분

Young people’s ‘debt investment’ exceeds 38 trillion won in the first half In the first half of this year, young people in their 10s and 30s borrowed more than 38 trillion won of credit loans from securities firms to invest in stocks. Concerns are rising that if stock prices decrease, young people who have invested in debt can suffer from significant losses.According to the report received by Justice Party lawmaker Jang Hye-young of the the National Assembly's Strategy and Finance Committee from the Financial Supervisory Service on the 3rd, securities firms' new loans amounted to 185.8654 trillion won in the first half of this year. Among them, the amount of new loan 10월 05일 09시 10분

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