South Korea Launches KRW40 Billion Guarantee Program to Support Shipbuilding Industry

MT Newswires Live

Jan 23

South Korea launched a 40 billion won guarantee program to boost shipbuilding export competitiveness and help small and mid-sized companies grow, the Ministry of Trade, Industry and Energy said in a Friday release.

Under the program, HD Hyundai Heavy Industries (KRX:329180) and Hana Bank will jointly contribute funds, while K-Sure will provide guarantees. The total contribution amounts to 28 billion won, enabling the Korea Trade Insurance Corporation to extend guarantees worth up to 40 billion won.

Eligible companies--recommended by HD Hyundai Heavy Industries--can receive loans of up to 4 billion won per firm at preferential interest rates discounted by up to 2.4 percentage points, with maturities of up to three years, the release said.

Shares of HD Hyundai Heavy Industries rose nearly 3% in recent trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2605428939"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2605428939\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2605428939?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-23 11:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2605428939","market":"us","top_or_hot":-1,"title":"South Korea Launches KRW40 Billion Guarantee Program to Support Shipbuilding Industry","media":"MT Newswires Live","content":"<html><body><p> South Korea launched a 40 billion won guarantee program to boost shipbuilding export competitiveness and help small and mid-sized companies grow, the Ministry of Trade, Industry and Energy said in a Friday release.</p><p>Under the program, HD Hyundai Heavy Industries (KRX:329180) and Hana Bank will jointly contribute funds, while <a href=\"https://laohu8.com/S/TKKD.SI\">K</a>-Sure will provide guarantees. The total contribution amounts to 28 billion won, enabling the Korea Trade Insurance Corporation to extend guarantees worth up to 40 billion won.</p><p>Eligible companies--recommended by HD Hyundai Heavy Industries--can receive loans of up to 4 billion won per firm at preferential interest rates discounted by up to 2.4 percentage points, with maturities of up to three years, the release said.</p><p>Shares of HD Hyundai Heavy Industries rose nearly 3% in recent trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>South Korea Launches KRW40 Billion Guarantee Program to Support Shipbuilding Industry</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSouth Korea Launches KRW40 Billion Guarantee Program to Support Shipbuilding Industry\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-01-23 11:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> South Korea launched a 40 billion won guarantee program to boost shipbuilding export competitiveness and help small and mid-sized companies grow, the Ministry of Trade, Industry and Energy said in a Friday release.</p><p>Under the program, HD Hyundai Heavy Industries (KRX:329180) and Hana Bank will jointly contribute funds, while <a href=\"https://laohu8.com/S/TKKD.SI\">K</a>-Sure will provide guarantees. The total contribution amounts to 28 billion won, enabling the Korea Trade Insurance Corporation to extend guarantees worth up to 40 billion won.</p><p>Eligible companies--recommended by HD Hyundai Heavy Industries--can receive loans of up to 4 billion won per firm at preferential interest rates discounted by up to 2.4 percentage points, with maturities of up to three years, the release said.</p><p>Shares of HD Hyundai Heavy Industries rose nearly 3% in recent trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6519","symbol_name":"运输股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2605428939","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2605428939","pubTimestamp":1769139789,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"South Korea launched a 40 billion won guarantee program to boost shipbuilding export competitiveness and help small and mid-sized companies grow, the Ministry of Trade, Industry and Energy said in a Friday release.Under the program, HD Hyundai Heavy Industries  and Hana Bank will jointly contribute funds, while K-Sure will provide guarantees. The total contribution amounts to 28 billion won, enabling the Korea Trade Insurance Corporation to extend guarantees worth up to 40 billion won.Eligible companies--recommended by HD Hyundai Heavy Industries--can receive loans of up to 4 billion won per firm at preferential interest rates discounted by up to 2.4 percentage points, with maturities of up to three years, the release said.Shares of HD Hyundai Heavy Industries rose nearly 3% in recent trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6519":"运输股","BK6088":"石油天然气设备与服务","WPC.SI":"VALLIANZ HOLDINGS LTD"},"translate_title":"韩国推出400亿韩元担保计划支持造船业","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WPC.SI":1.5},"content_text":"South Korea launched a 40 billion won guarantee program to boost shipbuilding export competitiveness and help small and mid-sized companies grow, the Ministry of Trade, Industry and Energy said in a Friday release.Under the program, HD Hyundai Heavy Industries (KRX:329180) and Hana Bank will jointly contribute funds, while K-Sure will provide guarantees. The total contribution amounts to 28 billion won, enabling the Korea Trade Insurance Corporation to extend guarantees worth up to 40 billion won.Eligible companies--recommended by HD Hyundai Heavy Industries--can receive loans of up to 4 billion won per firm at preferential interest rates discounted by up to 2.4 percentage points, with maturities of up to three years, the release said.Shares of HD Hyundai Heavy Industries rose nearly 3% in recent trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}