Inje County's Water Supply Satisfaction Score Ranks First Nationwide
The Inje County Water and Sewage Office achieved the highest score among water supply agencies in a national customer satisfaction survey.On August 18, Inje County announced that its Water and Sewage Office recorded an overall satisfaction score of 86.17 in the '2025 Local Public Enterprise Management Evaluation Customer Satisfaction Survey.'This score is the highest among 122 local public water supply agencies surveyed nationwide, exceeding the overall average of 82.90 by 3.27 points.The survey
KB Securities: Big Tech Will Continue AI Investments, Watch Capital Providers
To gauge the direction of the artificial intelligence (AI) investment cycle in the second half of the year, analysts suggest focusing on the movements of capital providers rather than the investment scale of big tech companies. While big tech firms are likely to continue investing due to anticipated future profits from AI, capital providers such as banks, venture capitalists, and pension funds may halt funding if the risk of losses increases.Lee Eun-taek, head of research strategy at KB Securiti
Yanggu Seeks Vendors for Night Market Featuring Food Stalls and Food Trucks
The Yanggu County government is recruiting local food vendors for the upcoming night market, 'Yanggu Night Market,' scheduled for September.According to Yanggu County on the 18th, the '2026 Yanggu Night Market' will take place from September 18 to 19 in the parking lot of Yanggu Central Market.The event aims to revitalize traditional markets and stimulate local consumption. It will operate as a nighttime cultural space combining food sales, experiential programs, and performances.A total of 10 t
National Tax Service Extends Corporate Tax Deadline for Flood-Damaged SMEs in Geoje and Tongyeong
The National Tax Service (NTS) will extend the corporate tax payment deadline by two months for approximately 1,200 small and medium-sized enterprises (SMEs) in Geoje and Tongyeong affected by recent heavy rains.On August 18, the NTS announced that it would provide tax support to SMEs in these regions, considering that the current period is for the interim corporate tax prepayment reporting and payment.These businesses can now pay their interim corporate tax, originally due by the end of this mo
Average Household Welfare Benefits Reach 9.26 Million Won
In 2024, the government provided an average of 9.26 million won in in-kind welfare benefits to households, with an increase in medical support but a decrease in education and childcare assistance.According to the National Data Agency's report on income statistics reflecting social in-kind transfers, the average social in-kind transfer income per household in 2024 was 9.26 million won, up 40,000 won (0.4%) from 2023.Social in-kind transfers refer to the value of goods and services provided by the
Joint Response Training for Oil Spill Preparedness Held at Nakdong River
A joint response training exercise for a large-scale oil spill incident will take place in the Nakdong River area of Daegu's Dalseong County.The Ministry of Climate, Energy and Environment announced that the training will be conducted on the 19th near the Samunjin Bridge in Dalseong County to prepare for a major water pollution incident.Nine organizations will participate in the exercise, including the Ministry of Climate, the Daegu Regional Environmental Agency, the Korea Environment Corporatio
Alibaba Cloud Launches Third Data Center in South Korea, Expanding AI Infrastructure
Alibaba Cloud announced the official launch of its third data center in South Korea on August 18. This follows the opening of its first data center in 2022 and a second in 2025. The company views South Korea as a key market for artificial intelligence (AI) and digital services, planning to continue its long-term investments in the region.The new data center is seen as a significant milestone in Alibaba Cloud's expansion in South Korea. The company aims to provide a stable and scalable cloud infr
Financial Supervisory Service Union Opposes Potential Relocation
The Financial Supervisory Service (FSS) union has strongly opposed the possibility of the agency being included in the government's second round of public institution relocations. The union argues that moving the financial oversight body could undermine consumer protection and supervisory expertise, potentially increasing oversight costs.On August 17, the FSS union issued a statement titled, 'Immediately Halt the Uniform Relocation Plan That Completely Ignores Consumers and Financial Sites.'The
Jongkundang Bio Applies for Chinese Approval of Botulinum Toxin 'CU-20101'
Jongkundang Bio has applied for regulatory approval in China for its self-developed botulinum toxin product, 'CU-20101.'The company announced on August 18 that it submitted a Biologics License Application (BLA) to the National Medical Products Administration (NMPA) of China.Jongkundang Bio plans to accelerate the commercialization process in the Chinese market, aiming for a launch in the second half of 2027. As the second-largest botulinum toxin market in the world after the United States, China
President Yoon Emphasizes Timely Transfer of Wartime Operational Control
President Yoon Suk Yeol stated on August 18 that the transfer of wartime operational control must be completed within his term, following the government's original plan without delay. He emphasized the importance of self-reliant defense capabilities and the ROK-U.S. alliance, urging for accelerated progress on the nuclear submarine project.During the first Ulchi National Security Council meeting and the 36th Cabinet meeting held at the Blue House, President Yoon remarked, "The global security en