Market Watch: What to Expect on Monday, October 28 – Your Economic Calendar Guide

October 28 Economic Calendar

■Ministry of Strategy and Finance reports ‘Tax revenue deficit response plan’ to the National Assembly audit

With a tax revenue shortfall of 30 trillion won expected this year, the Ministry of Strategy and Finance will present a response plan at today’s comprehensive audit of the National Assembly.

They previously announced that they would mobilize all available resources, including funds and unused budgets, but attention is focused on what specific measures they will prepare.

■Korea Zinc discloses results of treasury stock tender offer

Korea Zinc, which is in a management rights dispute with Youngpoong and MBK Partners, will today disclose the results of its stock tender offer.

The maximum share that Korea Zinc can secure through this tender offer is 2.5% through Bain Capital.

As neither side has secured a majority stake, on-site purchases and friendly competition for shares are expected to continue.

■Launch of ‘Preferential Savings Deduction for Employees of Small and Medium Businesses’

Preferential savings deductions for employees of small and medium-sized businesses will be launched starting today.

If a worker at a small or medium-sized business pays 500,000 won per month for 5 years, he or she can receive over 40 million won at maturity.

Attention is being paid to whether this will help alleviate the manpower shortage in small and medium-sized businesses.

■Government and EU carbon tax response joint briefing session

Starting in 2026, a carbon tax will be imposed on some items exported to the European Union, such as steel, aluminum, and cement.

Accordingly, the government is holding a joint information session so that our export companies can prepare in advance.

YTN Choi Ayoung (cay24@ytn.co.kr)

※ ‘Your report becomes news’
[카카오톡] Search YTN and add channel
[전화] 02-398-8585
[메일] social@ytn.co.kr

[저작권자(c) YTN 무단전재, 재배포 및 AI 데이터 활용 금지]