AI Pick
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Korea Railroad Corporation Invites Private Proposals for Development of Idle Land
The Korea Railroad Corporation has partnered with the private sector to discover innovative development plans.On September 14, the corporation announced it will solicit private proposals to utilize idle railway land near Centum Station and Geoje Station, aiming to promote local revitalization.The targeted sites include approximately 6,600 square meters in Jae-song-dong, Haeundae District, Busan, and about 7,500 square meters in Geoje-dong, Yeonje District, Busan. The corporation plans to explore
September 14, 2026
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Public Housing: Beyond Supply to Community Support as SH, GH, and iH Collaborate
As South Korea faces challenges from an aging population, low birth rates, and an increase in single-person households, discussions are underway to expand the role of public housing beyond mere supply to include care and community support.The Seoul Housing and Communities Corporation (SH) announced that it will host a joint seminar with the Gyeonggi Housing and Communities Corporation (GH) and the Incheon Housing Corporation (iH) on September 18 at 3 p.m. in the Ferum Hall on the third floor of
September 14, 2026
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How to Profit from Inflation?
Who Benefits from Inflation?=Shin Hwan-jong, Forest Books. Shin Hwan-jong, a financial expert with over 20 years of experience in the bond and credit markets, argues in his book Who Benefits from Inflation? that the focus should not be on "how much will prices rise?" but rather on "who benefits from inflation?" Inflation is often likened to a 'silent thief.' While the numbers in bank accounts remain the same, the purchasing power of that money gradually diminishes. For instance, a cup of Am
September 14, 2026
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Vietnamese Woman Who Defrauded 11 Job Seekers in Korea Arrested After Fleeing to Dubai
A Vietnamese woman who defrauded 11 job seekers by promising them seasonal work in South Korea has been arrested after fleeing to Dubai. The woman, identified as N, reassured her victims that they could depart for South Korea within three to four months, collecting large sums of money for personal use. When she found herself unable to return the money, she reportedly fled to Dubai and cut off contact with the victims.According to local media reports on September 14, Can Tho police charged N, bor
September 14, 2026
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Interest Rate Hikes and AI Development Slowdown Hit Semiconductor Stocks, KOSPI Falls 3.26%
Domestic stock markets plummeted as concerns over interest rate hikes, rising international oil prices, and discussions about slowing artificial intelligence (AI) development converged. Foreign selling focused on semiconductor stocks, causing the KOSPI to drop more than 3% during trading. On September 14, the Korea Exchange reported that the KOSPI closed at 6,684.37, down 225.54 points (3.26%) from the previous trading day. At one point, it fell to 6,654.82, marking a decline of 3.69%. The KOSD
September 14, 2026
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Concerns Grow Over Kim Seung-won's Confirmation Hearing Amid Allegations
As the confirmation hearing for Kim Seung-won, the nominee for Minister of Justice, approaches, allegations surrounding requests for approval of new drug clinical trials and the hiring of a current judge's son in a legislative office are intensifying. With just 18 days until the Prosecutorial Agency's launch, there are concerns that policy evaluations on key issues, including staffing and the dismissal of charges in the Lee Jae-myung case, may be delayed.According to legal sources, the National
September 14, 2026
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Regulatory Framework for Personal Data Needs Update in AI Era
Discussions are intensifying around the need to revise the personal data regulatory framework due to the rise of artificial intelligence (AI). As generative and agentic AI increasingly combine and infer data, facilitating the movement of personal information across various services, experts argue that the current regulations, which focus primarily on prior consent and purpose limitation, are inadequate.There are calls to clarify the grounds for processing personal data beyond 'consent' and to re
September 14, 2026
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Sejong Law Firm Launches Electronic Shareholder Meeting Task Force Ahead of 2027 Implementation
Sejong Law Firm, led by managing partner Oh Jong-han, announced on September 14 that it is strengthening its integrated advisory system for listed companies through the launch of its Electronic Shareholder Meeting Task Force (TF) in anticipation of the full implementation of the electronic shareholder meeting system in 2027.Starting January 1, 2027, listed companies with total assets exceeding 2 trillion won will be required to hold both in-person and electronic shareholder meetings. Companies p
September 14, 2026
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Director Lee Joon-ik Discusses 'Father's Home Cooking' and the Short-Form Drama Format
Renowned director Lee Joon-ik, known for films like 'The King’s Man,' 'Dongju,' 'Byun San,' and 'Jasan Eobo,' has ventured into the unfamiliar territory of short-form drama. Expanding beyond traditional cinema, he is now exploring the trendy short-form format, seeking new ways to convey the essence of storytelling without being confined by the medium. “Initially, the question of ‘why short-form?’ felt a bit restrictive to me. Whether it’s short-form, film, or series, I see myself as someone who
September 14, 2026
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Korean Construction Industry Seeks New Opportunities After 60% Drop in Overseas Orders
This year, overseas construction orders for South Korean companies have sharply declined after reaching a record high last year. The drop is attributed to the base effect of large projects like the Czech nuclear power plant and delays in Middle Eastern contracts.According to the Ministry of Land, Infrastructure and Transport and the overseas construction industry, the total overseas construction orders from January to August this year amounted to $14.77359 billion, a decrease of about 60% compar
September 14, 2026