HD Hyundai Oil Bank Recognized as Top Call Center for 18th Consecutive Year HD Hyundai Oil Bank has been recognized as one of South Korea's top call centers for the 18th consecutive year. The company attributes this achievement to its integrated '3-3-3' service model, which ensures that customer calls are answered within three seconds, consultations are completed within three minutes, and follow-up inquiries are addressed within 30 minutes.On May 29, HD Hyundai Oil Bank announced that it has been selected as a top call center and a 'Customer Delight Call Center' in May 29, 2026

Finance Ministry: Major Countries Expanding Oil Price Support Policies Amid rising oil product prices due to the ongoing war in the Middle East, major countries are implementing measures to alleviate the burden of increasing energy costs. On May 29, the Ministry of Finance reported that Moon Ji-sung, Director of International Economic Management, chaired a video conference with finance officials from 14 countries at the Government Complex in Seoul on May 28. The finance officials are stationed in 16 embassies, supporting cooperation in finance and economic s May 29, 2026

South Korea to Issue 200 Billion Won in Retail Bonds in June The South Korean government plans to issue a total of 200 billion won in retail bonds next month. The additional interest rates will be flexibly adjusted based on market conditions. The Ministry of Finance and Economy announced on May 29 that it will issue 30 billion won in three-year fixed-rate bonds and 70 billion won in three-year compound interest bonds, along with 600 billion won in five-year bonds, 1 trillion won in ten-year bonds, and 300 billion won in twenty-year bonds, totaling 2 May 29, 2026

Government Expands Mandatory Reemployment Support Services to Enhance Worker Choices The government is set to gradually expand the scope of mandatory reemployment support services to enhance their effectiveness and introduce a worker-led transition support system. The Ministry of Employment and Labor announced on May 29 that it will issue a legislative notice regarding amendments to the Enforcement Decree of the Act on the Prohibition of Age Discrimination in Employment and the Promotion of Employment for Older Persons by July 8. This amendment follows the announcement of meas May 29, 2026

Kim Jeong-gi Appointed as New Head of Korea Fair Trade Mediation Agency Kim Jeong-gi, former commissioner of the Fair Trade Commission, has been appointed as the seventh head of the Korea Fair Trade Mediation Agency as of May 29. Kim is an expert in fair trade, having served as the director of the Market Surveillance Bureau, the Competition Policy Bureau, and as a commissioner at the Fair Trade Commission. He graduated from Seoul National University with a degree in business administration and earned an MBA from Thunderbird School of Global Management. He ent May 29, 2026

Jung Cheong-rae Urges Supporters of Lee Jae-myung to Vote for Jeong Won-o Jung Cheong-rae, the head of the Democratic Party, encouraged all citizens supporting President Lee Jae-myung to vote for Jeong Won-o on the first day of early voting for the local elections on May 29. He emphasized, "If you support President Lee and want this government to operate more stably, please vote for the Democratic Party." During a meeting of the Central Election Countermeasures Committee at Jeong's campaign headquarters, Jung stated, "Voting is stronger than a bullet. Power doe May 29, 2026

E-Land Retail Reports First Quarter Operating Profit of 22.1 Billion Won E-Land Retail has successfully returned to profitability in the first quarter of this year. This marks the first quarterly net profit since the COVID-19 pandemic, attributed to improved store efficiency and enhanced profitability in its food business.On May 29, E-Land Retail reported consolidated sales of 384.6 billion won for the first quarter, a 2.5% increase compared to the same period last year. The operating profit reached 22.1 billion won, reflecting a significant improvement of 19.6 billi May 29, 2026

Song Eon-seok Warns of Tax Burden After Local Elections Amid Economic Concerns Song Eon-seok, the floor leader of the People Power Party, stated on May 29 that if the administration of Lee Jae-myung continues its reckless policies, the public will face a tax burden, along with soaring rents and interest rates, following the local elections. During a press conference at the National Assembly, Song expressed concerns about the increasing burden of interest rates and the stagnation in the construction sector, which he said has significantly reduced the supply of new apartment May 29, 2026

SK Group Chairman Chey Tae-won Calls for Generalists in the AI Era Chey Tae-won, Chairman of SK Group and the Korea Chamber of Commerce and Industry, emphasized the need for generalist-type talent in the AI era during a recent special lecture. In an appearance on KBS1TV's Documentary Insight – Talent Wars 2: Chey Tae-won's Response, which aired on May 28, Chey stated, "We are moving beyond the era of 'reasoning AI,' where machines provide answers to human questions, and are entering a period of 'agentic AI,' where machines will make decisions and take acti May 29, 2026

Lee Jae-Yong Casts Ballot on First Day of Early Voting for Local Elections Lee Jae-Yong, Chairman of Samsung Electronics, voted on the morning of May 29, 2026, at an early voting station set up at the Hannam-dong Community Center in Yongsan-gu, Seoul, marking the first day of early voting for the 9th nationwide local elections. Early voting is being conducted nationwide at 3,571 polling stations from May 29 to May 30, from 6 a.m. to 6 p.m.* This article has been translated by AI. May 29, 2026