AI Pick

  • Naju City Launches 'Naju-Style Just Dream' Program to Support Residents Naju City is attracting attention with its 'Naju-Style Just Dream' program.This initiative allows residents facing sudden financial difficulties to receive essential goods and welfare counseling services without complex procedures.According to Naju City on September 15, the Ministry of Health and Welfare is expanding the 'Just Dream' program, prompting Naju to implement its own version.Mayor Yoon Byeong-tae visited the Nohan-myeon Administrative Welfare Center on September 11 to assess the progr September 15, 2026
  • Typhoon 'Dujuan' May Approach the Korean Peninsula Ahead of Chuseok As the Chuseok holiday approaches, attention is focused on whether Typhoon 'Dujuan' will head toward South Korea.Currently classified as a tropical depression over the sea south of Japan, it is expected to develop into a typhoon with maximum wind speeds of 39 meters per second (140 km/h) between September 19 and 20, raising concerns about its trajectory.The key point for determining its path toward the Korean Peninsula is September 17.According to the Korea Meteorological Administration (KMA), a September 15, 2026
  • Asiana Airlines Mileage to Remain Separate for 10 Years Post-Merger Following the merger of Korean Air and Asiana Airlines, Asiana's mileage will remain usable separately for 10 years. When converted to Korean Air mileage, the flight accrual will be at a 1:1 ratio, while partner accruals from credit cards and other sources will be at a 1:0.82 ratio.Opportunities for bonus seat availability on routes to North America, Europe, and Oceania, which have previously been difficult to secure, will be expanded.The Korea Fair Trade Commission (KFTC) announced on the 15th September 15, 2026
  • Budget Office Visits Child Welfare Facility Ahead of Chuseok The Budget Office visited a child welfare facility to encourage staff and deliver donations ahead of the Chuseok holiday.On September 15, the office announced it visited the 'Samsin Neulpureun Dongsan' child welfare facility in Buyeo, South Chungcheong Province. This visit aimed to hear the voices from the local child care scene and promote a culture of sharing during the holiday.During the visit, Kim Myung-jung, head of the Planning and Coordination Office, listened to facility representatives September 15, 2026
  • South Korea's Finance Ministry Assesses External Economic Factors Amid Global Uncertainties The Ministry of Finance and Economy has evaluated external economic factors that could impact South Korea's economy in the second half of the year, including risks associated with U.S. artificial intelligence (AI) investments and unusual weather patterns in Europe.On September 14, the ministry held a video conference with finance officials from 15 countries, led by Moon Ji-sung, the ministry's International Economic Management Director, at the Government Seoul Complex.The finance officials, stat September 15, 2026
  • South Korea to Shift Renewable Energy Contracts to Long-Term Agreements Starting next year, new renewable energy facilities in South Korea will transition to long-term fixed-price power purchase agreements with Korea Electric Power Corporation (KEPCO) through government competitive bidding. The existing renewable energy certificate (REC) spot market will continue to operate until the end of 2029 to mitigate the impact of this system change.The Ministry of Climate, Energy and Environment announced on the 15th that the revised law promoting the development, utilizatio September 15, 2026
  • Government to Support Recovery of Key Minerals from Semiconductor Byproducts The government will support the demonstration of technologies to recover key minerals from semiconductor process byproducts, waste batteries, and solar panel waste. It is also promoting a project to secure sustainable aviation fuel (SAF) raw materials from food waste.The Ministry of Climate, Energy, and Environment announced on September 15 that it will recruit participants for three planned regulatory exemption projects in the circular economy sector from September 16 to October 30. The project September 15, 2026
  • Joint Response Team Raids Bio Company A for Insider Trading Allegations The Joint Response Team, tasked with eradicating stock manipulation, is conducting a raid on Bio Company A, a KOSDAQ-listed firm, for allegedly profiting from undisclosed information prior to a favorable announcement regarding a contract with a global pharmaceutical company.According to financial sources, the team began its search early on September 15 at the headquarters of Company A in Gangnam, Seoul, as well as the residences of employees implicated in the case.Company A specializes in develo September 15, 2026
  • Government Plans to Reduce Power Tower Construction by Up to 40% and Expand Underground Wiring in Daejeon and Sejong The government plans to reduce the construction of new power towers by up to 2,214 and expand underground wiring in densely populated areas. It will also support the installation of solar power facilities in villages near the national power grid, allowing residents to earn income from power generation.The Ministry of Climate, Energy, and Environment reported these measures during a cabinet meeting on September 15. The initiative aims to expand the power grid in response to increasing electricity September 15, 2026
  • Kimhae Yongdu District Development Project Surpasses 80% Compensation Rate The land compensation rate for the Kimhae Yongdu District development project has exceeded 80%, signaling a green light for the commencement of site preparation work within the year.The Kimhae Urban Development Corporation announced that it is currently in the process of expropriation resolution and compensation payment for unagreed land.According to the corporation, the reported compensation rate of 80% is calculated based on the 'total compensation amount' rather than the number of landowners September 15, 2026