AJP Asia Intelligence Agency

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Busan Launches AI Care Bot for Childcare Services Busan Launches AI Care Bot for Childcare Services

The city of Busan announced it will pilot an AI-based automated consultation system, the 'Busan Childcare Voice Bot,' until November 30, to provide comprehensive childcare information during administrative downtime, including nights, weekends, and holidays.The 'Busan Childcare Voice Bot' consolidates information from six different childcare sectors, allowing citizens to easily and quickly find information about childcare facilities anytime, anywhere.Any citizen in need of childcare can call the

Lotte Insurance Offers Up to 17% Discount on Premiums for Customers Without Chronic Illnesses Lotte Insurance Offers Up to 17% Discount on Premiums for Customers Without Chronic Illnesses

Lotte Insurance announced on August 3 that it has launched the 'let Simple Health Insurance 3·6·10,' which offers lower premiums for customers without a history of chronic illnesses such as hypertension, diabetes, or dyslipidemia. This product features additional disclosure requirements related to chronic illnesses, refining the enrollment criteria from the existing '3·6·10 Health Insurance.' Customers can enroll if they meet the health status disclosure conditions and have no history of two or

Homeplus Prepares for $200 Million in Emergency Funding, Store Reopening Timeline Uncertain Homeplus Prepares for $200 Million in Emergency Funding, Store Reopening Timeline Uncertain

Homeplus is preparing to reopen its stores with $200 million in emergency operating funds (DIP), but as of 3 p.m. today, the timing of the funding remains uncertain. The company plans to reopen its stores within a week of receiving the funds, but delays could push the reopening past the weekend.According to the retail industry, Homeplus held a meeting today with employees from various stores to gather input on their willingness to return to work after the reopening. The company is assessing whet

Boryeong Concludes HIS Youth Finals, Sending Award-Winning Works to the Moon Boryeong Concludes HIS Youth Finals, Sending Award-Winning Works to the Moon

Boryeong has wrapped up its youth space medicine competition. This year's award-winning works will be sent to the lunar surface as part of South Korea's first moon time capsule project.Boryeong announced on August 3 that the finals of the 3rd Humans In Space Youth (HIS Youth) competition were held on August 1 at the Yonsei University Graduate School of Economics.HIS Youth is a youth space medicine competition co-hosted by Boryeong and the Korea Foundation for the Advancement of Science and Creat

Korea Railroad and SR to Complete Merger Amid Financial Challenges Korea Railroad and SR to Complete Merger Amid Financial Challenges

Korea Railroad Corporation (KORAIL) and SR Corporation are set to complete their merger on September 1, transitioning to a three-year interim operational phase. Approximately 700 SR employees will be integrated into a new division under the direct supervision of the KORAIL president, during which the two companies will work to unify their wage, rank, and welfare systems.While the high-speed rail operations will be consolidated under KORAIL starting in September, a full organizational integration

U.S. and Japan Intervene in Currency Markets to Support Yen for First Time in 28 Years U.S. and Japan Intervene in Currency Markets to Support Yen for First Time in 28 Years

The United States and Japan have intervened in the foreign exchange market to defend the yen's value for the first time in nearly 28 years. President Donald Trump and U.S. Treasury Secretary Scott Vessenet emphasized their commitment to supporting Japan, leaving the door open for further interventions.On August 2, Trump spoke to reporters aboard Air Force One while returning to Washington, D.C., from Bedminster, New Jersey, stating that the intervention was a result of the "good relationship" wi

Muan County Council Urges Government to Resume Operations at Muan International Airport Muan County Council Urges Government to Resume Operations at Muan International Airport

The Muan County Council has called for the swift normalization of Muan International Airport, which has been closed for an extended period, urging the government and related agencies to establish a specific reopening schedule and recovery measures for the local economy. During the 7th plenary session of the 310th extraordinary meeting on August 3, council member Yang Yeong-bok read a statement urging the reopening of Muan International Airport, describing it as a key infrastructure that supports

SK Plasma Launches Revolpax for Treating Low Platelet Count SK Plasma Launches 'Revolpax' for Treating Low Platelet Count

SK Plasma has expanded its portfolio of treatments for rare and severe blood disorders with the launch of 'Revolpax,' a medication for low platelet count. The company aims to strengthen its blood disorder treatment business based on its accumulated capabilities in blood products.On August 3, SK Plasma announced that it will begin supplying 'Revolpax 25mg and 50mg' domestically, following its approval from the Ministry of Food and Drug Safety in May. The health insurance reimbursement limits, eff

Busan Launches 2026 Youth Savings Program to Double Contributions Busan Launches 2026 Youth Savings Program to Double Contributions

Busan announced on August 3 that it will begin recruiting participants for the '2026 Busan Youth Double Happiness Account' starting on the 10th. This initiative aims to provide a financial foundation for working youth.The 'Busan Youth Double Happiness Account' allows participants to save 100,000 won per month for either two or three years, with the city matching that amount. At maturity, participants can accumulate up to 7.2 million won, plus interest. The program has been running since 2022 and

Mokpo City Presents Award to Bank of Korea for Contributions to Local Finance Mokpo City Presents Award to Bank of Korea for Contributions to Local Finance

Mokpo City presented an award to the Bank of Korea's Mokpo branch for its contributions to local finance and tax development, reaffirming its commitment to regional economic revitalization. On August 3, Mokpo City announced that it delivered the award at city hall to the Bank of Korea's Mokpo branch for its role in enhancing self-generated revenue, including corporate income tax. Park Yoon-hee, head of the tax division, attended the ceremony to express gratitude and emphasize the need for cooper