South Korea's government proposed a 2027 budget of 820.9 trillion won ($562 billion), a record 12.8 percent increase from this year, including a 162.3 trillion-won Future Response Fund for strategic i…
South Korea will raise government spending by 12.8 percent to a record 820.9 trillion won ($599.5 billion) in 2027, the fastest increase on record, as surging tax revenue from the semiconductor boom f…
South Korea announced the creation of the Future Response Fund on July 5, a vehicle that will channel surplus semiconductor tax revenues into chips, physical AI, and AI data centers, as part of a broa…
South Korea's government is considering a Future Response Fund to finance technologies for the next economic cycle, leveraging the current AI-memory boom that has boosted exports and tax revenue. The …