Oh Se-hoon Opposes Housing Supply in Yongsan Park Amid Political Tensions
As the government prepares to announce additional housing supply measures, tensions are escalating between the government, ruling party, and Seoul City. Oh Se-hoon, the Mayor of Seoul, has expressed opposition to utilizing parts of Yongsan Park for housing, following his objections to expanding housing supply in the Yongsan International Business District and further easing of greenbelt restrictions. The ruling party has begun to question Oh's willingness to cooperate with government housing ini
Online Issuance of Minor Children's Immigration Certificates Begins August 7
Parents will be able to apply for and receive immigration certificates for their minor children online through Government 24 starting August 7.On August 6, the Ministry of Justice's Immigration and Foreign Policy Bureau announced that, in collaboration with the Ministry of the Interior and Safety, a verification system utilizing family relationship information has been established. This will allow parents to apply for and receive the 'immigration certificate' for their minor children online via
CJ CheilJedang Launches AI-Driven Food Planning Platform 'Food AI 360'
CJ CheilJedang announced the launch of its artificial intelligence (AI) platform, 'Food AI 360,' on August 6. Food AI 360 is an AI-based marketing intelligence solution developed through collaboration between the food marketing division and AX/DX team. It integrates and enhances existing processes such as trend analysis, product concept planning, and market response monitoring into a single platform. The system is designed to proactively predict trends by analyzing shifts in consumer interests a
Samsung Life Insurance Sees Growth in New Contracts Amid Market Decline
As the life insurance market contracts, Samsung Life Insurance is the only major insurer to increase its new contract volume. The company is strengthening its position among the leaders by expanding sales of pension insurance through bancassurance.According to the insurance industry on August 6, the cumulative amount of new personal insurance contracts from 22 life insurance companies reached 74.55 trillion won as of May this year, a decrease of 7.2% (5.77 trillion won) compared to the same peri
Vice President JD Vance: Iran Negotiations Will Take Time
Vice President JD Vance indicated that reaching an agreement with Iran will take time, suggesting that negotiations will not be straightforward.In an interview with Fox News anchor Laura Ingraham on August 5, Vance responded to questions about recent claims from the Trump administration regarding progress in negotiations with Iran, stating, "The Iranian people are very difficult to deal with." He added, "Iran has a divided regime, with some factions wanting peace while hardliners wish for contin
South Korea Proposes Free Tuition for Local National Universities
The South Korean government has proposed a plan to fully waive tuition fees for new students at local national universities, referred to as 'free education for local national universities.' During a meeting on the '2026 second half work plan' held at the Blue House on August 5, President Lee Jae-myung was informed by the Ministry of Education that it is considering a plan to cover the tuition fees of all incoming students at local national universities starting next year. This initiative aims t
Nexon Signs MOU with Daegu Digital Innovation Center to Foster Local Gaming Industry
Nexon announced on August 6 that its IP open license project, 'Nexon Replay,' has signed a memorandum of understanding (MOU) with the Daegu Digital Innovation Center to promote the local gaming industry. Under this agreement, Nexon and the Daegu Digital Innovation Center will jointly pursue the 'NEXON REPLAY IP-linked game development support project' as part of the '2026 Daegu Global Game Center Game Content Production Support Project.' Eligible participants are game developers based in Daegu o
Supreme Court Confirms Prison Sentence for Former Aide of Song Young-gil
The Supreme Court has upheld the prison sentence for Park Yong-soo, a former aide to Song Young-gil, a candidate for the leadership of the Democratic Party.According to the legal community on August 6, the Supreme Court's third division, led by Justice Lee Suk-yeon, confirmed the lower court's ruling on July 24, sentencing Park to a total of 1 year and 2 months in prison and a fine of 92.4 million won for violations of the Political Fund Law.The court found Park guilty of covering the costs of a
Trinity Airlines CEO: FSC and LCC Are Not the Answer, New Demand Through SSC
"We will break away from the business model divided between full-service carriers (FSC) and low-cost carriers (LCC) and grow with a new concept called Selective Service Carrier (SSC)."Lee Sang-yoon, CEO of Trinity Airlines, introduced the SSC concept as part of the airline's new business strategy during the 'Trinity Airlines Brand Launch and Uniform Runway' event held on August 6 at the Sonofelice Convention Center in Seoul.Lee emphasized, "We aim to become an airline that customers can trust an
Kakao Enterprise Appoints Lee Jae-han as New CEO
Kakao Enterprise announced on August 6 that it has appointed Lee Jae-han as its new CEO during an extraordinary shareholders' meeting and board of directors meeting.Lee is recognized for his deep understanding of technology, having previously served as the head of the cloud infrastructure and digital transformation division, as well as the business division. He has been credited with driving the growth of Kakao Enterprise by effectively linking strategy formulation to commercialization. Before j