Suncheon University has been selected as the sole candidate for the establishment of a national medical school in the Jeonnam and Gwangju region, marking a significant step forward for a long-awaited local initiative. However, celebrations may be premature as the university must still navigate the central government's exemption from preliminary feasibility studies and secure student quotas.According to local governments and universities on August 31, the Gwangju-Jeonnam Integrated Special City a

The Ministry of SMEs and Startups and the Korea Small and Medium Business Agency (KOSME) announced on August 31 that they are accepting applications for the newly established 'AI Transformation (AX) Sprint Preferred Track' under the 2026 small business policy funding plan.The AX Sprint Preferred Track program is designed to support small and medium enterprises (SMEs) in integrating AI into their operations to enhance competitiveness. The total funding available for this initiative is 140 billion

Sleeper buses, a popular mode of transport for South Korean travelers connecting major tourist destinations in Vietnam, have been involved in a series of serious accidents. Following incidents in July that claimed the lives of 4 and 7 people in Hanoi and Dong Nai, respectively, another accident occurred on August 31 in Gia Lai province, resulting in 3 fatalities among 33 passengers.According to local traffic police in Gia Lai, at approximately 3:10 a.m. local time, a sleeper bus with a Ho Chi Mi

The Korea Housing Finance Corporation (KHFC) will temporarily increase the guarantee ratio for housing project financing (PF) to a maximum of 100% to support funding for housing projects. On August 31, KHFC announced that this change is a follow-up to the government's comprehensive financial measures for stabilizing the real estate market, which were announced on August 13. As a result, the guarantee ratios for PF guarantees, construction cost plus PF guarantees, and construction financing gua

OB Beer, the leading beer company in South Korea, is officially entering the soju market with its new product, 'Chalang.' Amid declining soju consumption, the company plans to leverage its existing distribution network in the domestic entertainment market to expand its business and potentially grow its overseas soju operations. On August 31, OB Beer announced that it will launch the zero-sugar soju 'Chalang' at the end of September. The soju is made using volcanic bedrock water from eastern Jeju

Last week, a massive landslide and flooding in Nepal and Tibet have brought the death toll close to 1,000.According to reports from CNN and BBC citing the Nepal National Disaster Risk Reduction and Management Authority, as of 9 a.m. local time on August 31, the death toll in Nepal has reached 903, with 4,247 people reported missing, including 592 foreigners. This marks a significant increase from the previous day's figures of 788 dead and 2,502 missing.Additionally, Chinese authorities reported

The South Korean government has issued guidelines aimed at narrowing the scope of labor disputes under the Yellow Envelope Law, but industry leaders argue that these measures are insufficient to alleviate uncertainty in the workplace. A notable example is Samsung Electronics, which plans to invest 400 trillion won in a semiconductor project in Honam, where the largest union has indicated that 84% of its members oppose the initiative, signaling plans to address this in next year's negotiations.Ac

When will the Climate Companion Card be usable? Starting September 1, Seoul's unlimited public transportation pass, the Climate Companion Card, will transition to the Climate Companion Pass, which is integrated with the government's Everyone's Card. The age limit for youth discounts will also expand from 19-34 years to 19-39 years. Climate Companion Pass combines Seoul benefits with the government's card The Climate Companion Pass, effective September 1, combines the government's public transpo

#. A complainant, who had been struggling to find a new job due to an occupational disease, faced the possibility of giving up on vocational training after being unable to obtain a National Tomorrow Learning Card because of age restrictions and a computer error. After over 100 days of seeking solutions through the customer service center and online, the assistance of a labor center employee provided a new opportunity for learning.The Ministry of Employment and Labor announced on August 31 that i