Jeonju, North Jeolla Province, is launching a special discount event for its city tour, allowing visitors to explore major attractions at a reasonable price during the summer vacation and holiday season.The city announced on August 1 that it will offer a 'Summer Special Event' for the 'Jeonju City Tour' with a 50% discount on the fare, bringing it down to 5,000 won for the entire month of August.This 'Summer Special Course,' which departs every Wednesday and Saturday, includes visits to healing

Imsil County in North Jeolla Province announced on August 1 that it will issue an 'integrity advisory' until the end of the month to prevent laxity in public service discipline during the summer vacation season and to foster a culture of integrity.This integrity advisory aims to preemptively address potential corruption and breaches of decorum that may arise during the summer vacation period when public officials may become complacent.Key measures include: prohibiting private contact with job-re

Kevin Warsh, Chair of the U.S. Federal Reserve, is considering reducing the frequency of meetings held by the Federal Open Market Committee (FOMC) that determine interest rates.According to a report by Yonhap News Agency citing the New York Times (NYT), Warsh mentioned the possibility of changing the meeting frequency during the FOMC's regular meeting held on July 28-29. The NYT reported this based on information from four sources familiar with the discussions.Currently, the Fed holds FOMC meeti

As the financial sector intensifies its focus on consumer protection, regional financial groups are also taking steps to improve governance and develop specialized personnel.According to the financial sector on August 1, BNK Financial Group has established a Financial Consumer Protection Committee under the board of directors for BNK Busan Bank and BNK Gyeongnam Bank. This move aims to directly review and supervise key policies and decisions related to consumer protection at the board level.The

The push for legislation to raise the retirement age to 65 is causing heightened tension among small and medium enterprises (SMEs) as the National Assembly aims for passage this summer. Critics warn that implementing a uniform retirement age without proper preparation could lead to a "labor cost disaster" and exacerbate the youth employment crisis.According to industry sources on August 1, SMEs are strongly opposing the proposed mandatory retirement age extension primarily due to the "survival-t

The Ministry of Education and the Korea Research Foundation announced the preliminary selections for the 2026 University Basic Research Institute Support (G-LAMP) program on August 1. Four universities have been selected for new support: Jeju University and Yeungnam University from non-capital regions, and Sejong University and Chung-Ang University from the capital region.The G-LAMP program (Global-Learning & Academic Research Institution for Master’s, PhD students, and Postdocs) aims to innovat

Following the appointment of former Minister Han Seong-sook as Prime Minister, the Ministry of SMEs and Startups has been without a leader for over a month and will begin its work report early this month.According to political sources on August 1, the appointment of a new minister is expected to be clarified shortly after the Democratic Party's convention on the 17th. The prolonged vacancy in the ministerial position, coupled with the timing of the convention, has made it inevitable that appoint

The real estate market in Seoul is witnessing a shift in price momentum from the Gangnam area to non-Gangnam districts, with Seongbuk District showing notable strength. This year, the cumulative increase in apartment prices in Seongbuk has surpassed 10%, making it the only district among Seoul's 25 to achieve a double-digit rise. Recently, both sales and rental prices have recorded the highest increases in the city.According to the Korea Real Estate Agency, as of the fourth week of July, apartme

South Korea's exports in July reached a record $98.89 billion, marking the highest monthly total in 14 years.According to the Ministry of Trade, Industry and Energy, July exports increased by 62.8% compared to the same month last year, while imports rose by 26.5% to $68.56 billion, resulting in a trade surplus of $30.32 billion.Notably, semiconductor exports surged by 179%, and exports of other items increased by 26%. The average daily export, adjusted for working days, rose by 69.6% to $4.12 bi