Bank of Korea

Private sector should play bigger role in Asia's growth, IFF panel urges

Retrieved on: 
Monday, October 30, 2023
Tao, Ageing, Policy, Bank, Nakao, Digitalization, FAO Major Fishing Areas, UBS, International Settlement, Bank for International Settlements, Growth, Private sector, Employment, Bank of Korea, Annual general meeting, Pacific Ocean, Asian Development Bank, Renewable energy, Creative industries, Agriculture

GUANGZHOU, China, Oct. 30, 2023 /PRNewswire/ -- The private sector should play bigger role in Asia's economy to maintain its growth momentum, panelists urged during the IFF 2023 Annual Meeting discussion on Sunday.

Key Points: 
  • GUANGZHOU, China, Oct. 30, 2023 /PRNewswire/ -- The private sector should play bigger role in Asia's economy to maintain its growth momentum, panelists urged during the IFF 2023 Annual Meeting discussion on Sunday.
  • The private sector is very important and has been the growth engine, said Takehiko Nakao, former President of Asia Development Bank and Chair of Mizuho Research & Technologies.
  • Suh Young Kyung, Member of Monetary Policy Board, Bank of Korea, thinks governments should let private sector play dominant role in the economy as Asia faces a rapid aging population.
  • "The private sector should have a bigger share of the cake.

Private sector should play bigger role in Asia's growth, IFF panel urges

Retrieved on: 
Monday, October 30, 2023
Tao, Ageing, Policy, Bank, Nakao, Digitalization, FAO Major Fishing Areas, UBS, International Settlement, Bank for International Settlements, Growth, Private sector, Employment, Bank of Korea, Annual general meeting, Pacific Ocean, Asian Development Bank, Renewable energy, Creative industries, Agriculture

GUANGZHOU, China, Oct. 30, 2023 /PRNewswire/ -- The private sector should play bigger role in Asia's economy to maintain its growth momentum, panelists urged during the IFF 2023 Annual Meeting discussion on Sunday.

Key Points: 
  • GUANGZHOU, China, Oct. 30, 2023 /PRNewswire/ -- The private sector should play bigger role in Asia's economy to maintain its growth momentum, panelists urged during the IFF 2023 Annual Meeting discussion on Sunday.
  • The private sector is very important and has been the growth engine, said Takehiko Nakao, former President of Asia Development Bank and Chair of Mizuho Research & Technologies.
  • Suh Young Kyung, Member of Monetary Policy Board, Bank of Korea, thinks governments should let private sector play dominant role in the economy as Asia faces a rapid aging population.
  • "The private sector should have a bigger share of the cake.

Klaytn Foundation Unveils New Governance Measures for Increased Community Involvement and Transparency

Retrieved on: 
Monday, February 20, 2023
Universe, KakaoPay, Central bank digital currency, Central bank, Investment, Development, Blockchain, News, Digital currency, Ecosystem, Bank of Korea, GC, Kakao Entertainment, CBDC, Growth, KLAY, Bank, Communication, Cryptocurrency

In addition, Klaytn Foundation looks to reveal on February 27th Klaytn's roadmap for 2023 and beyond, which outlines key governance, ecosystem and tech initiatives.

Key Points: 
  • In addition, Klaytn Foundation looks to reveal on February 27th Klaytn's roadmap for 2023 and beyond, which outlines key governance, ecosystem and tech initiatives.
  • Through these proposed changes, the Klaytn Foundation is committed to advancing the growth and development of the Klaytn ecosystem while prioritizing transparency and community participation.
  • In particular, the Foundation will strengthen governance transparency by disclosing GC on-chain voting agendas and statuses in real-time through the Klaytn Square governance portal .
  • The Klaytn Foundation will also establish appropriate communication channels for the Klaytn community to participate in governance and decision-making matters.

Wemade to found zero-knowledge proof global research center with the world's top scholars

Retrieved on: 
Thursday, December 8, 2022
Knowledge, Blockchain, CBDC, Ecosystem, Korea University, GPU, ZK, Bank, Privacy, Information system, Research, Kookmin University, Bank of Korea, CES, IMDEA, Snark, Multimedia, Computer security, Seoul Women's University, University, Hanyang University, Proof, Cryptocurrency, Online shopping, Ethereum

Wemade announced the plan to launch Ethereum Layer 2 solution, which can increase transaction speed and solve the issue of scalability.

Key Points: 
  • Wemade announced the plan to launch Ethereum Layer 2 solution, which can increase transaction speed and solve the issue of scalability.
  • The ZK Research Center with the world's top ZK scholars is part of its big picture.
  • The research center not only focuses on research but also on workshops for Zero Knowledge Proof and regular workshops with experts, online classes and offline meetups.
  • Wemade believes that Zero Knowledge Proof will become the core technology in the areas of scalability, privacy, interoperability, and proof of storage, and will become the leader of global blockchain technology.

Northern Trust Pension Universe Data: Canadian Pension Plans Generated Muted Returns During Third Quarter 2021

Retrieved on: 
Thursday, October 28, 2021
Finance, Consulting, Banking, Accounting, Professional Services, Universe, Head Office, ECB, Fixed income, The Northern Trust, Material, Public utility, Industry, MSCI, Federal Reserve, CAD, Twitter, Church of the Universal Bond, CPI, Policy, Emerging market, European Central Bank, Pension, Global Industry Classification Standard, Corporation, Federal, Government, PBOC, Leadership, Bank of Canada, International, BOC, FTSE, CEO, Environment, Nasdaq, Information technology, PEPP, Traction, Uncertainty, Bank of Korea, Health care, Bank of England, Bank, Energy, Pension fund, Security (finance)

Canadian Pension Plan returns were marginally positive during the third quarter as global equity markets softened following a decline in September, according to the Northern Trust Canada Universe.

Key Points: 
  • Canadian Pension Plan returns were marginally positive during the third quarter as global equity markets softened following a decline in September, according to the Northern Trust Canada Universe.
  • The median Canadian Pension Plan returned 0.6% for the quarter ending September 30, with a year-to-date return of 4.8%.
  • The Northern Trust Canada universe tracks the performance of Canadian institutional defined benefit plans that subscribe to performance measurement services as part of Northern Trusts asset service offerings.
  • The majority of sectors generated positive returns, with the exception of Industrials and Materials which concluded the quarter in negative territory.

SK IE Technology fully operates a lithium-ion battery separator plant in Poland

Retrieved on: 
Thursday, October 7, 2021
European Economic Area, SK Group, Bank of Korea, Hyundai, EV, Government, SK, HIS, Toray Industries, Economic development, Growth, KRW, Industry, Ambassador, Kia, News, Volkswagen, Plant, Tesla, CEO, Diplomatic mission, Exim Bank, Renault–Nissan–Mitsubishi Alliance, South Korea, Amazon, Organization, Oil, Lithium, Film

SEOUL, South Korea, Oct. 7, 2021 /PRNewswire/ -- SK IE Technology (SKIET), the material business subsidiary of SK Innovation announced on October 6, 2021 (local time), that it held an opening ceremony for lithium-ion battery separator plant in Silesia Province, Poland, the company's first European production base.

Key Points: 
  • m2for the first time in Europe, the largest global EV market
    CEO & President of SK IE Technology Rho Jae-sok said, "The operation of the first European plant has positioned the company as the first battery separator producer in Europe.
  • "I'm very delighted that the construction of SKIET's Polish separator production plant has completed," said the Polish Deputy Minister of Economic Development and Technology Grzegorz Piechowiak.
  • The separator is one of the four core materials for lithium-ion battery and is closely associated with battery stability and SKIET's separator is already supplied to global top major battery producers.
  • It is exclusive to high-quality lithium-ion battery separator producers such as SKIET, Asahi Kasei, and Toray Industries.