Shin Sang-jin, the mayor of Seongnam, emphasized on the 31st that "trust in citizens is paramount for welfare," stating his commitment to improving the quality of senior welfare through field-centered administration. On this day, Mayor Shin announced that an operational inspection will be conducted for 33 senior welfare facilities receiving city subsidies by September 4. This initiative reflects Mayor Shin's determination to create a trustworthy environment for senior welfare by thoroughly

The life insurance industry is showing signs of increasing policy cancellations. As economic slowdowns and reduced consumer spending lead to more contract terminations, the decline in new contracts raises concerns about growth potential in the sector. Structural factors such as low birth rates and an aging population are expected to further limit the growth of existing products, prompting insurers to seek new growth drivers.According to the insurance industry on August 2, the policy cancellation

South Korean Prime Minister Han Seong-sook on August 2 ordered a thorough review of heatwave response measures as the Central Disaster and Safety Countermeasure Headquarters raised its alert level to Stage 2 due to worsening heat conditions and concerns over drought damage in some areas. Han instructed the Ministry of the Interior and Safety to assess the implementation of heatwave measures by relevant ministries and local governments, emphasizing the need for coordinated and proactive responses

President Donald Trump has abruptly canceled a planned airstrike against Iran that was expected this weekend, amid reports that Iran is shifting its strategy from reactive retaliation to preemptive aggression.On August 1, Trump announced via social media platform Truth Social that Iran and other Middle Eastern countries had requested a pause in attacks, stating that a basic framework for an agreement had been established.He said, "I agreed to cancel the attack under the condition that we can qui

Euisun Chung, chairman of Hyundai Motor Group, continues his extensive site visits, following his recent trip to Brazil, by inspecting the company's Turkey plant, a key production base in Europe. The Turkey plant is set to begin production of the Ioniq 3, a crucial model targeting the European small electric vehicle market, in the second half of this year. This visit aims to strengthen the group's long-term growth strategy through discussions on local production and sales strategies.According to

President Donald Trump has abruptly canceled a planned military operation against Iran that was expected to take place this weekend.On August 1, Trump announced on social media platform Truth Social that he agreed to cancel the attack under the condition that a quick agreement could be reached for the future of the world and the survival of a successful and prosperous Iran. He stated, "Israel also joins me in this commitment." He added that Iran and other Middle Eastern countries had just reques

The Korea Railroad Corporation is expected to have a legal framework in place to directly implement the integrated railway underground development project. While the qualification for project implementation has been granted to the specialized agency for railway construction and facility management, the government’s comprehensive plan, which determines the project scope and scale, has been delayed by more than seven months from its original schedule. Preparations for organizational structure and

Candidates Kim Min-seok, Jeong Cheong-rae, and Song Young-gil for the Democratic Party's leadership began their primary campaign in the Busan-Ulsan-Gyeongnam region on August 2. During the first event in Ulsan, Kim and Jeong exchanged sharp criticisms, referencing issues such as 'anti-Myeong' and 'Shincheonji'.Kim was the first to speak at the joint rally held at the Ulsan Exhibition and Convention Center, emphasizing his connection to President Lee Jae-myung to secure party support. After narro

Hana Financial Group is expanding financial support and customer events for Incheon residents and local small businesses ahead of its headquarters relocation to Cheongna in September.The group announced on August 2 that it will conduct an integrated campaign in the Incheon area, involving major subsidiaries such as Hana Bank, Hana Securities, Hana Card, and Hana Savings Bank, until September 30.Hana Bank will offer 50,000 limited 'My Heart Savings Interest Rate Coupons,' allowing customers to re