Policy Issue
Restructuring Plans for Shipbuilding and Shipping Industries▷
The government announced on October 31 its restructuring plans for the shipbuilding and shipping industries. The plans also include measures to help stimulate the ailing economies of shipbuilding towns.▷
Measures to Curb Housing Market Overheating▷
The government has announced its measures to curb recent overheating in the housing market as some regions show signs of it, although nationwide the market has been stable. The measures focus on helping the market work for those wanting to buy homes for nonspeculative purposes, and will be limitedly imposed on areas showing signs of overheating, such as the entire cities of Seoul and Sejong, and part of Gyeonggi Province and Busan.▷
* For further details, please refer to the attached file.
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