Thursday, November 5, 2026 · Evening
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Economy · Planned · 3 sources combined p. 1 / 7
EV tax credit requested
Photo: 연합뉴스 In short The government and business groups met to discuss ways to support corporate investment.
The industry requested that electric vehicles be included in tax benefit targets.
The government plans to announce support measures for the electric vehicle industry this month.
Key facts When The first meeting was held at Korea Development Bank on November 5. Who Deputy Minister Kwon Dae-young of the Ministry of Economy and Finance, six major business associations, and the automotive industry attended. What They requested that electric vehicles be added to the domestic production tax credit target. How The government plans to announce the 'Plan to Strengthen Electric Vehicle Industry Competitiveness' in November.
What it means for me
Workers in the electric vehicle industry need to monitor whether tax credits will be included.
Why does this matter? Whether electric vehicles receive tax support affects domestic automakers and parts suppliers' investment and job creation.
Economy · 2 sources combined p. 2 / 7
Pyeongtaek Godeok 623 units
D-4 Deadline November 11 · Priority 2 subscription deadline
Photo: 한국경제 In short 623 units of 'Pyeongtaek Godeok Woomierin The Premier' will be sold in Pyeongtaek Godeok.
Located behind Samsung Electronics Pyeongtaek Campus, an international school is planned to be built.
Subscriptions will be held from November 9 to 11.
Visitor info Location Block Abc-33, Pyeongtaek Godeok Internationalization Planning District, Pyeongtaek, Gyeonggi Province Scale Basement 2 floors to 23 stories above ground, 8 buildings, 623 units total, 84~111㎡ exclusive area Subscription Schedule Special allocation November 9, Priority 1 November 10, Priority 2 November 11 Move-in Scheduled for May 2029
Key facts When The show house opens November 6, and move-in is scheduled for May 2029. Who Woomi Construction Consortium will supply it in the Pyeongtaek Godeok Internationalization Planning District, Gyeonggi Province. What 623 units total, 84~111㎡ exclusive area, 8 buildings, basement 2 floors to 23 stories above ground. How Subscriptions in order: special allocation November 9, priority 1 November 10, priority 2 November 11.
What it means for me
Those with a subscription passbook for 12 months or more can apply for priority 1 subscription regardless of residence.
Why does this matter? This sale combines residential demand behind Samsung Electronics Pyeongtaek Campus with expanded education and transportation infrastructure.
Economy · 2 sources combined p. 3 / 7
Cheonan removed from unsold housing management
D-32 Deadline December 9 · End of application period for newly designated areas
Photo: 연합뉴스 In short South Chungcheong's Cheonan city has been removed from the unsold housing management area designation.
Gyeonggi's Icheon city was newly designated.
The national unsold housing management areas have been reduced from 5 to 4 locations.
Key facts When The Korea Housing & Urban Guarantee Corporation announced November's unsold housing management areas on November 5. Who South Chungcheong's Cheonan city and Gyeonggi's Osan city were removed from the designation. What Gyeonggi's Icheon city was newly designated, reducing the national total from 5 to 4 areas. How Businesses in designated areas must undergo preliminary review when applying for sales guarantee and project financing guarantee.
What it means for me
Developers planning sales projects in these areas will see changes in preliminary review requirements.
Why does this matter? The preliminary review requirements for sales guarantees differ based on whether an area is designated as an unsold housing management zone.
Finance · 2 sources combined p. 4 / 7
Gwangju Bank marks 58th anniversary
D-54 Deadline December 31 · Early termination if promotion limit is exhausted
Photo: 연합뉴스 In short Gwangju Bank has launched a special deposit promotion for its 58th anniversary.
The program runs from November 5 to December 31 with a limit of 500 billion won.
Customers can receive up to 3.85% annual interest depending on the deposit period and amount.
Visitor info How to apply Individuals: branches, internet banking, Gwangju Bank app, mobile web banking. Corporations: branches, internet banking. Inquiries Gwangju Bank website (www.kjbank.com) or customer service (1600-4000)
Key facts When The program runs from November 5 to December 31 with a limit of 500 billion won. Who Individual and corporate customers with verified real names can apply. What Deposits range from 10 million won to maximum 2 billion won per account. How Based on 9-month terms, individuals receive up to 3.85% annual rate and corporations 3.75% annual rate.
What it means for me
If you plan to deposit a large sum, compare rates by deposit period before applying.
Why does this matter? In an era of low deposit rates, this special promotion with higher rates is worth considering for managing lump sums.
Economy · 3 sources combined p. 5 / 7
Hyundai Motor reveals hydrogen technology
Deadline Deadline November 6 · Expo closing date
Photo: 연합뉴스 In short Hyundai Motor Group showcased technology spanning hydrogen production to urban infrastructure.
For the first time, it unveiled equipment producing approximately 700 tons of hydrogen annually.
Hydrogen trucks, buses, and a model of a future hydrogen city were also displayed.
Key facts When The 'World Hydrogen Expo 2026' ran from November 4th to 6th. Where The event took place at KINTEX Hall 2 in Goyang, Gyeonggi Province. Who Hyundai Motor Group participated with an exhibition hall spanning 720 square meters. What It unveiled a 5-megawatt electrolyzer module producing approximately 700 tons of hydrogen annually for the first time.
What it means for me
It can increasingly influence hydrogen vehicle charging infrastructure and the expansion of eco-friendly transportation options.
Why does this matter? Integrated technology connecting hydrogen production to cities serves as a core foundation for expanding the hydrogen economy.
Economy · Planned · 3 sources combined p. 6 / 7
Samsung Display China internet cafe certification
D-54 Deadline December 31 · Target date for expanding to 60 certified locations
Photo: 연합뉴스 In short Samsung Display is creating QD-OLED certified locations at Chinese internet cafes (also called i-cafes).
By October 31st, 10 locations were designated, and the company plans to expand to 60 by December 31st.
As China's gaming monitor market grows rapidly, internet cafes have emerged as a new sales channel.
Key facts When 10 certified locations were established by October 31st, with plans to expand to 60 by December 31st. Where The initiative takes place at i-cafes (internet cafes) in major Chinese cities including Beijing and Shanghai. Who Samsung Display partners with 6 brands including AOC, ASUS, and HKC. What Stores installing 30 or more QD-OLED monitors are designated as official certified locations.
What it means for me
Direct impact on general consumers is limited, but it demonstrates the domestic display industry's strategy in the Chinese market.
Why does this matter? As China's gaming monitor market experiences rapid growth, internet cafes have emerged as a key channel for expanding OLED sales.
Economy · 3 sources combined p. 7 / 7
Kakao to buy back 150 billion won
D-90 Deadline February 5 · Expected completion date of treasury stock repurchase
Photo: 연합뉴스 In short Kakao decided to purchase 150 billion won worth of its own stock and retire all of it.
This is a measure to appease shareholders after the stock price fell following the spin-off.
Upon announcement, Kakao's stock price rose significantly in early trading on the 5th.
Key facts When The company will repurchase treasury stock on the market from November 6 to February 5, 2027. Who Kakao held a board meeting on the 5th and decided to repurchase and retire treasury stock. What 5.154639 million common shares, worth approximately 150 billion won based on the previous day's closing price. How The company will repurchase through NH Investment & Securities and retire all shares to reduce outstanding shares.
What it means for me
Readers who own Kakao stock can expect an increase in per-share value as the number of outstanding shares decreases.
Why does this matter? After the stock price plummeted following the spin-off, Kakao has taken action to protect shareholder value.
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