AGP Executive Report
Last update: 8 hours agoHousing Policy Watch: A Lee aide floated “normalizing” property taxes and comprehensive real estate holding taxes, warning AI-driven windfalls could overheat housing and widen inequality—setting up a July tax-code revision fight. Seoul Real Estate: Jeonse and monthly rent tightness is worsening again, with Seoul’s Jeonse supply-demand index hitting 122.5 (highest since early 2021), raising fears of another listings squeeze. AI & Industry Infrastructure: VisionIT and Rotem SRS deployed digital-twin and offline AI chat tools on Seoul’s driverless Sillim Line to shift maintenance toward predictive, condition-based operations. Logistics Tech: Ably is rolling out “Guaranteed Delivery” next-day fulfillment for marketplace sellers, expanding its Gonjiam processing space to handle up to 1 million orders monthly. Energy & Manufacturing: Hyundai E&C and KOEN plan joint SMR work tied to retiring coal plants, aiming to reuse existing sites; LG also launched very large-capacity AI washer-dryers. Korea Abroad (Central Asia): Seoul is pushing deeper Korea-Uzbekistan ties via supply chains, critical minerals, and AI/robotics, with Eximbank ready to finance new projects and Youngone betting on Uzbekistan’s cotton for apparel expansion. Defense & Shipbuilding: South Korea is competing for Canada’s next-gen submarine deal worth up to US$39b, with Seoul seeking head-of-state-level backing for Hanwha-led bids. Global Markets: Korean banks are accelerating debt restructuring under the inclusive-finance push, with restructuring cases and amounts rising sharply.
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