Coway Launches 'S Induction' Electric Range with Automatic Heating Technology
Coway announced the launch of its 'S Induction' electric range on August 19, which automatically switches heating methods based on the type of cookware used.The S Induction features South Korea's first 'smart hybrid burner,' capable of recognizing both induction-specific cookware and regular heat-resistant glass, allowing for versatile use without restrictions on specific cookware.It offers a powerful output of up to 3,400 watts and includes a 'Plus Zone' that connects the left burner for larger
South Korea Launches YouTube Broadcast for National Unity
청와대가 서로 다른 생각과 입장을 가진 국민들이 각자의 경험을 나누며 상대방을 이해할 수 있도록 대화의 장을 마련한다. 청와대는 19일 국민의 다양한 목소리를 직접 듣기 위한 유튜브 방송 ‘국민통합, 대화가 필요해!’를 시작한다고 밝혔다. 이번 방송은 계층과 세대, 지역, 분야가 서로 다른 국민을 초대해 현장의 목소리를 듣고 국민통합의 분위기를 조성하기 위해 기획됐다. 방송은 청와대 오픈스튜디오에서 진행되며 KTV 유튜브 채널을 통해 격주로 공개된다. 첫 방송은 이날 오후 2시 생방송으로 진행된다.
Most Students Uncertain About College Application Choices Ahead of Deadline
As the deadline for early college applications approaches in about three weeks, a survey reveals that nine out of ten students have not finalized all six application choices.On August 19, the college admissions information platform JinHakSa released the results of an online survey conducted with 743 students planning to apply for the 2027 academic year. The survey was conducted from August 6 to 17.According to JinHakSa, only 9.0% of respondents reported that they had finalized all six applicatio
Toss Reduces Brokerage Fees for Savings Banks' Special Sunshine Loans by 16%
Toss is lowering brokerage fees for its loan comparison service to support the expansion of savings banks' Special Sunshine Loans. This move aims to alleviate the burden on savings banks, which are a key source of funding for low- and mid-credit borrowers.Viva Republica, the operator of Toss, announced on August 19 that it will reduce the brokerage fees charged to savings banks offering Special Sunshine Loan products by approximately 16%.The Special Sunshine Loan is a policy financial product ai
Hyundai Card Launches 'Olive Young Hyundai Card Plus' with 20% Rewards
Hyundai Card has partnered with CJ Olive Young to introduce a credit card that offers up to 20% of purchase amounts as rewards points.On August 19, Hyundai Card announced the launch of the 'Olive Young Hyundai Card Plus,' which includes benefits for earning 'Olive Points' that can be used like cash at Olive Young stores. Olive Points were introduced by Olive Young in May and can be redeemed both online and in physical stores.The Olive Young Hyundai Card Plus is the first credit card to feature t
LoandCompany Advances in AI Foundation Model Project Amid Legal Tech Growth
Legal tech company LoandCompany has confirmed its advancement to the third phase of the government's Independent AI Foundation Model project as a participant in the Upstage Consortium. The company plans to accelerate the enhancement of legal performance and the expansion of the legal AI ecosystem.On August 19, LoandCompany announced that it successfully passed the second phase of the Independent AI Foundation Model project, overseen by the Ministry of Science and ICT, as part of the Upstage Cons
Two Jangseong County Officials Charged with Accepting Bribes in Public Works Project
Two officials from Jangseong County in Gwangju, South Korea, have been charged with accepting bribes from a contractor involved in a public works project.According to the Gwangju Police Agency's Special Investigation Unit, the two team leaders allegedly received hundreds of thousands to millions of won in cash from a contractor while overseeing the modernization of the county's water supply system from late 2022 to last year.Police are also investigating one supervisor from the project who is fa
Household Debt Reaches Record High of 1,993 Trillion Won Amid Increased Borrowing
Household debt in South Korea has reached a new record high in the first quarter of this year. Despite the government's stringent lending regulations, non-bank mortgage loans have increased significantly, and investment borrowing has surged due to a booming stock market.According to the Bank of Korea's preliminary statistics on household credit released on August 19, the total household credit balance at the end of the first quarter stood at 1,993.1 trillion won. This marks an increase of 14 tri
Travel Demand Surges in Late Summer as Vacation Patterns Shift
The traditional peak vacation period in late July and early August is being disrupted as more travelers opt to delay their holidays to avoid the summer heat. Demand for travel is now extending into late August and early September. In the foreign tourism market, products less affected by seasonal changes, such as K-beauty and medical services, are supporting summer travel demand.According to the travel industry on August 19, an analysis of search data for Korean travelers conducted by HotelsCombi
SpaceX Team Visits Hyundai Glovis to Discuss Starlink Utilization
Earlier this year, a team from SpaceX visited Hyundai Glovis to examine the communication environment aboard its car carrier vessels.On August 19, Hyundai Glovis announced that SpaceX's Vice President of Enterprise Sales and other officials recently visited the car carrier Glovis Stella to observe the operational status of the low Earth orbit satellite communication service Starlink and to gather feedback from the crew.The SpaceX team boarded the Glovis Stella at the Gwangyang Port in South Jeol