Han Byeong-do: Legislative Action on Criminal Procedure Reform to be Finalized Han Byeong-do, the acting leader of the Democratic Party and floor leader, stated that the party will gather consensus in a general meeting of lawmakers to swiftly finalize legislation aimed at abolishing the prosecution's supplementary investigation rights. He emphasized the party's responsibility as the ruling party to shoulder the weight of national governance.During a Supreme Council meeting held on July 24 at the National Assembly, Han remarked, "The complete separation of investigation and July 24, 2026

Grand Kensington Seorak Beach to Open in October, Reservations Start July 27 E-Land Park will begin official reservations for its luxury resort, Grand Kensington Seorak Beach, which is set to open in October. Ahead of the opening, the resort is unveiling details about its rooms, facilities, and cultural content on its website to enhance customer engagement.On July 24, E-Land Park announced that the official reservation service for Grand Kensington Seorak Beach will start on July 27 through its website.Located in Goseong County, Gangwon Province, Grand Kensington Seorak B July 24, 2026

Government Seeks Input on Improving Total Project Cost Management System The government is seeking input from industry experts to improve the 'Total Project Cost Management System,' which oversees the management of total project costs for large-scale projects.On July 24, the Ministry of Strategy and Finance held a 'Total Project Cost Management System Improvement Meeting' at the Korea Fiscal Information Service. This system is designed to adjust and manage the total project costs of large-scale projects funded by the national budget and funds to enhance the efficienc July 24, 2026

South Korea Engages in Public Consultation for Participation in GEPA The South Korean government has initiated a public consultation process regarding its participation in the Green Economy Agreement (GEPA) being pursued by Singapore, New Zealand, and Chile.On July 24, the Ministry of Trade, Industry and Energy held a public hearing at the Korea International Trade Association to gather opinions from stakeholders and experts before establishing a plan for the trade agreement. This hearing was organized in accordance with relevant laws.GEPA is a multilateral agree July 24, 2026

Korean Oil Companies Report Strong Q2 Earnings Amid Price-Fixing Controversy South Korea's four major oil companies are expected to report solid earnings for the second quarter of this year, despite ongoing controversies surrounding price-fixing in petroleum products.According to FnGuide on July 23, SK Innovation's operating profit for Q2 is projected to reach 1.8 trillion won, while S-Oil is expected to exceed 1.2 trillion won. Unlisted companies GS Caltex and HD Hyundai Oilbank are also anticipated to perform well, particularly in their refining sectors.The strong perf July 24, 2026

New Jersey Officials Oppose FIFA's Sale of World Cup Grass Following the conclusion of the 2026 FIFA World Cup final, a dispute has erupted between New Jersey officials and FIFA over the sale of natural grass from MetLife Stadium, where the final was held.The Athletic reported on July 19 that New Jersey criticized FIFA and the local organizing committee for profiting from the sale of grass funded by taxpayer dollars, arguing that the revenue should benefit residents.The controversy began when FIFA announced it would sell pieces of the grass preserved fr July 24, 2026

Koo Yoon-cheol Announces 8th Oil Price Cap to Be Announced at 7 PM, Extends Fuel Tax Cut by Two Months Koo Yoon-cheol, Deputy Prime Minister and Minister of Economy and Finance, stated on July 24 that the 8th oil price cap will be announced at 7 PM, aiming to minimize the burden on the public. He also confirmed that the fuel tax cut will be extended for an additional two months.During a meeting of the special task force on cost of living at the Government Seoul Complex, Koo noted that the country's GDP grew by 0.6% in the second quarter compared to the previous quarter, indicating continued growt July 24, 2026

HK Inno.N Achieves Dual Wins in Social Media Marketing HK Inno.N has been recognized for its achievements in social media marketing, winning awards on both YouTube and Instagram.The company announced on July 24 that its official YouTube channel, Channel Inno.N, and its Instagram account received the grand prize and excellence award, respectively, at the 2026 Social Eye Awards, achieving a dual victory.Now in its eighth year, the Social Eye Awards is the largest SNS awards ceremony in South Korea, organized by the Korea Internet Professionals Associa July 24, 2026

Government Extends Fuel Tax Cut and Announces Discounts on Agricultural Products The government has decided to extend the fuel tax cut for an additional two months until September and will launch a major discount event for all agricultural and marine products in July and August to stabilize prices. Additionally, it will begin improving supply chain structures for certain economic security items to reduce dependency on specific countries.Koo Yoon-cheol, Deputy Prime Minister and Minister of Economy and Finance, held a meeting on July 24 at the Government Seoul Complex with th July 24, 2026

Dynamic Duo and Triple S Highlight Ocean World’s 20th Anniversary Summer Festival Ocean World is celebrating its 20th anniversary with a large summer festival running for three weeks. The event will feature K-pop performances, interactive events, and children's programs to attract visitors during the peak season.Sonno International announced on July 24 that the '2026 Ocean World Birthday Blue Splash Festival' will take place from July 25 to August 15 at Ocean World in Hongcheon, Gangwon Province.This year's festival will commemorate the park's 20th anniversary with a mix of p July 24, 2026