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Solutions include lowering statutory maximum lending rates, expanding policy financing and mid-rate loans, increasing loans and loan guarantees.
Seoul established a quasi-public bus system, restructured routes, created median lanes, built transfer centers, and integrated its fare system to improve service.
Upskilling through TVET and STEM education can help prepare female workers for the automation of apparel manufacturing in the era of the Fourth Industrial Revolution.
The public management of revenue and service routes prioritized people’s need for safe and convenient public transport.
Proactive integrity checks can improve public trust in law enforcement agencies and advance societal development.
Seoul’s Transport Operation and Information Service (TOPIS) is an integrated data hub for smart city management.
A livelihood project sets up night markets in border towns of the Greater Mekong Subregion and provides microfinance support to vendors.
To leverage financial data integration, Korean banks need to enhance their digital competitiveness and establish robust internal controls.
Investments must focus on diverse vaccine platforms, capacity building, and collaborative networks.
High upfront costs and lack of incentives impede fuel efficiency initiatives in road freight in the Greater Mekong Subregion.