Jung Jeom-sik Criticizes Government for Amateurish Governance
Jung Jeom-sik, the floor leader of the People Power Party, criticized the Lee Jae-myung government and the Democratic Party on August 11, stating, "They only invoke public sentiment when it suits their amateurish governance while thoroughly disregarding it at other times."During a National Assembly meeting, Jung remarked, "The government and ruling party pushed through the abolition of supplementary investigative powers (Criminal Procedure Act), the Yellow Envelope Act (Labor Union Act), and the
Disparities in Debt Levels for Apartment Purchases in Seoul
The loan index, which indicates the ratio of mortgage registrations in collective building transactions, varies significantly across districts in Seoul, with Eunpyeong District recording the highest and Gangnam District the lowest.According to an analysis by the real estate information app Zipum on data from the Supreme Court's registration information portal, the average loan index for collective buildings in Seoul's 25 districts in July was 50.47. This marks a decrease of 3.34 points compared
Lotte Department Store Introduces RCS Messaging System to Combat Fraud
Lotte Department Store has become the first in the industry to implement the next-generation messaging system, Rich Communication Services (RCS), which significantly enhances multimedia capabilities and security.The company announced on August 11 that it will begin full-scale operations of the RCS messaging system, developed in collaboration with Lotte Innovate and KT, starting this month.RCS is an advanced communication standard that surpasses traditional short message service (SMS), long messa
Yujin Corporation Releases 2025 Sustainability Management Report
Yujin Corporation, the parent company of Yujin Group, announced on August 11 that it has published its '2025 Sustainability Management Report,' which outlines its achievements in environmental, social, and governance (ESG) management and sustainability strategies.This report, the second since the first was released last year, was prepared in accordance with the GRI (Global Reporting Initiative) Standards 2021. It systematically discloses non-financial performance across environmental, social, an
CJ Logistics Reports 10.9% Revenue Growth in Q2 Despite Decline in Operating Profit
CJ Logistics reported a double-digit revenue growth in the second quarter of this year, driven by balanced growth across its parcel delivery, contract logistics (CL), and global businesses. However, operating profit declined due to increased investments in service enhancement and rising operational costs.On August 11, CJ Logistics announced that its consolidated revenue for the second quarter reached 3.38 trillion won, a 10.9% increase compared to the same period last year. In contrast, operatin
Juyun Tech's Stock Plummets Below 1,000 Won Amid National Pride Theme Boom
Once a leader in the domestic PC market alongside Samsung Electronics and Sambo Computer, Juyun Tech has fallen to a 'penny stock' with its share price dropping below 1,000 won. Last month, a movement to revive domestic brands gained traction among online investor communities, causing a brief surge in stock prices, but the upward trend was short-lived. The stock has since retreated to the 800 won range, while the largest shareholder has invested 1 billion won of personal funds to increase their
KakaoBank Expands Financial Support for Small Businesses Nationwide
카카오뱅크가 소상공인 금융지원 범위를 전국으로 확대한다. 카카오뱅크는 경기신용보증재단·제주신용보증재단과 지역 소상공인 금융 지원을 위한 '이자지원 보증서대출' 출시 협약을 체결했다고 11일 밝혔다. 이자지원 보증서대출은 개인사업자가 부담하는 보증서대출 이자의 일부를 공공기관이나 지방자치단체가 대신 부담하는 이차보전 상품이다. 지역과 상품에 따라 최대 4%포인트의 이자 부담을 낮출 수 있다. 카카오뱅크는 2024년 지방자치단체·지역신용보증재단과 협력해 100% 비대면 방식의 이자지원
LG Electronics Enhances Cybersecurity Compliance to Accelerate Product Development
LG Electronics is strengthening its capabilities to comply with European cybersecurity regulations, aiming to accelerate product development and launch timelines. The company plans to enhance its software quality competitiveness and business-to-business (B2B) capabilities in response to tightening global security regulations.On August 11, LG Electronics announced that its Software Certification Laboratory, under the Chief Technology Officer, has recently obtained designation as a testing organiz
AI Transforms Steel Export Landscape: H-Beams, Heavy Plates, and Pipes Surge
Investments by major U.S. tech companies in artificial intelligence (AI) data centers are significantly reshaping South Korea's steel export landscape. This year, exports of H-beams, pipes, and heavy plates used in data center construction have seen remarkable growth. Notably, exports of H-beams to the U.S. have surged more than threefold, while heavy plates and pipes have also recorded double-digit increases, emerging as new export champions for the steel industry.According to trade statistics
Bithumb Introduces First Voice Recognition Support Service for Cryptocurrency Exchange
Bithumb has announced the launch of a voice recognition (STT) support service, becoming the first cryptocurrency exchange in South Korea to implement this technology.The STT support service converts the content of phone consultations between customers and agents into text in real time. This allows agents to simultaneously verify customer inquiries in both voice and text, enhancing their understanding of the issues at hand. Additionally, it reduces the burden of taking separate notes, enabling ag