The South Korean government is actively conducting helicopter operations to locate nine South Koreans missing due to severe flooding in Nepal.According to the Ministry of Foreign Affairs on August 30, two helicopters are scheduled to operate that day: one chartered by the government and another from Doosan Enerbility. Operations require approval from the Nepalese military, which is leading the search and rescue efforts.On the previous day, one government-chartered helicopter took off twice. Repo

Lee Hyung-il, the nominee for Deputy Prime Minister and Minister of Finance, stated on August 30, "I will work hard to create new investment and growth opportunities to lay the groundwork for a rebound in the potential growth rate."President Lee Jae-myung nominated Lee Hyung-il, the current first vice minister of the Ministry of Finance, as the next economic deputy minister. The nominee is recognized as a macroeconomic expert, having held key positions within the Ministry of Finance since enteri

Residents of Ha안4-dong and Iljik-dong in Gwangmyeong held a community assembly on August 29 to select projects for 2027 and discuss local issues, continuing their push for community-led change. According to the city, Ha안4-dong residents voted to select four out of five proposed projects, while Iljik-dong confirmed all four suggested projects and discussed ways to revitalize Iljik Riverside Park. The Ha안4-dong Residents' Council hosted the '2026 6th Ha안4-dong Community Assembly' at Yeonseo El

President Lee Jae-myung nominated six candidates for ministerial positions on August 30, prompting the National Assembly to enter a period of confirmation hearings. Once the nomination documents are submitted to the Assembly, hearings are expected to take place by committee no later than the third week of next month.Kim Min-seok, leader of the Democratic Party, expressed his support on Facebook, stating, "I welcome the cabinet reshuffle, which symbolizes capability, youth, and the strengthening

The allocation discussions for the increased household loan limit of 30 trillion won for the second half of the year have been effectively concluded in the financial sector. A significant portion of this amount will be designated for group loans and policy loans, with estimates suggesting that between 6 trillion and 8 trillion won will be available for general mortgage and credit loans.According to the financial sector on the 30th, financial authorities and institutions have nearly finalized the

A young elite official born in the 1970s is expected to be appointed as the mayor of Shanghai, China's economic capital.According to reports from Hong Kong's Ming Pao and others on August 30, Zhu Zhongming (54), the Shanghai Municipal Party Secretary, has been appointed as the Secretary of the Shanghai Municipal Government. His new position was first officially confirmed when he chaired a meeting as the Secretary of the Shanghai Municipal Government the previous day. According to Chinese politic

The National Tax Service (NTS) has shared its tax administration experience with the Thai Revenue Department and addressed tax-related issues faced by local businesses, establishing a tax support hotline between the two countries.On August 27, the NTS visited Thailand to share its experiences in implementing global minimum tax legislation and reporting systems. The global minimum tax applies to multinational corporate groups with revenues exceeding €750 million, taxing the difference if the effe

President Lee Jae-myung announced a significant cabinet reshuffle on August 30, replacing ministers in six key departments, including the Deputy Prime Minister and Minister of Finance. The changes, which also affect the Ministry of Land, Infrastructure and Transport, signal a commitment to revitalizing governance in the second year of his administration. Amid declining public support, the appointments reflect a desire for unity by including figures from both the ruling coalition and the pro-Moon

Owners of knowledge industry centers are facing severe challenges as they grapple with declining asset values, reduced loan availability, rising interest rates, and increased principal repayment burdens.A resident who purchased a knowledge industry center in Gyeonggi Province, identified as A, expressed concerns in an interview on the 30th, stating, "The burden of principal repayment is growing due to rising interest rates and frequent re-evaluations during the loan extension process."A reported