Hong Kong Unemployment Rate Rises to 3.8% in June–August… 130,000 Labor Shortage Projected for 2028

According to recently released statistics, Hong Kong’s seasonally adjusted unemployment rate for June to August reached 3.8%, a 0.1 percentage point increase from the previous survey period. This figure exceeded market expectations, clearly reflecting subtle shifts in the local labor market. Notably, despite an overall increase in the number of employed persons, a paradoxical phenomenon … Read more

Pension Savings Fund Tax Deduction Limits and 2026 Retirement Investment Strategy: A Complete Guide

Pension savings funds are the most reliable tax-saving tool, allowing you to receive refunds ranging from hundreds of thousands to millions of won during your annual year-end tax settlement while simultaneously building a solid retirement asset. Mr. Kim, an office worker, enrolled in a pension savings fund last year and made regular monthly contributions. At … Read more

A Complete Guide to the Differences Between DB and DC Pension Plans and Switching Strategies

The retirement pension system is an essential financial asset management framework that employees must understand to secure stable funds for their post-retirement life. If you simply leave your monthly pension contributions untouched or overlook them based solely on their name, your real asset value may decline as it fails to keep pace with inflation. It … Read more

Complete Guide to Tax Credit Limits and Enrollment Methods for Pension Savings Accounts in Year-End Tax Settlement

Strictly speaking, “income deduction pension savings” is a financial product that receives tax credits rather than income deductions, so understanding the correct terminology and limits is essential to maximizing your refund. If you are an office worker who has sighed over “tax bombs” every year during the year-end tax settlement season, this guide on how … Read more

Tax-Saving Strategy: Maxing Out the 9 Million Won Pension Contribution Limit to Get 1.48 Million Won Back Annually

If you feel like you’re paying more in taxes every year during your year-end tax settlement, you must utilize pension savings accounts and individual retirement pension accounts to contribute up to 9 million won and secure the 1.48 million won tax credit benefit. Mr. Kim, an office worker, was disappointed by the smaller-than-expected refund from … Read more

LG Display: Profitability Hit by Falling Exchange Rate; Target Price Cut to 12,000 Won

Daishin Securities has significantly lowered its target price for LG Display from 17,000 won to 12,000 won, citing the dual challenges of a recent decline in the exchange rate and rising raw material prices. While the investment rating remains “Buy,” analysts believe the impact of the exchange rate on profitability is greater than expected. Indeed, … Read more

How to Perfectly Prepare for IRP Account Opening: Tax Deduction Limits and Fee Comparison

Opening an Individual Retirement Pension (IRP) account is an essential step for office workers looking to maximize their year-end tax deductions while building retirement funds. Kim, a colleague who used to sigh every year after taking a hit from year-end tax adjustments, filled his pension savings limit last year and immediately opened an IRP account … Read more

Modern Pentathlon Team Gold Medal: Summary of Jeon Woong-tae, Lee Jong-hyun, and Seo Chang-wan’s Performance in Men’s Asian Games Two-Peat

The South Korean men’s modern pentathlon team showcased their overwhelming prowess to win the gold medal in the team event at the 2026 Aichi-Nagoya Asian Games. In this competition, athletes Jeon Woong-tae, Lee Jong-hyun, and Seo Chang-wan displayed perfect synergy, achieving the great feat of a two-peat in the team event, following their victory at … Read more