Journalist
Jung Sung-chun
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Shin Dong-bin Encourages Employees to Enhance Competitiveness at Lotte Awards Lotte Group announced on June 8 that it held the 2026 Lotte Awards to recognize employees who contributed to enhancing the company's competitiveness.The awards ceremony took place at the Lotte Hotel World in Jamsil, Songpa District, Seoul, and was attended by over 100 people, including Shin Dong-bin, Chairman of Lotte Group, representatives from the holding company, subsidiary CEOs, and award recipients from various sectors.Shin Dong-bin stated, "Today's award cases clearly demonstrate our DNA of challenge. I believe in our resilience, which shines even brighter in times of crisis, and I urge everyone to boldly enhance the group's competitiveness through daring challenges."This year's grand prize was awarded to Lotte Hotels & Resorts, recognized for its role in hosting major events, including the 2025 Asia-Pacific Economic Cooperation (APEC) dinner held in Gyeongju last year. The company dispatched over 400 staff for cooking and service during the event and provided protocol service training to local hotel employees in Gyeongju prior to the event.In the sales and marketing category, Lotte GRS received top honors for launching a collaborative product with the black-and-white chef Napoli Mafia, while Lotte Wellfood was recognized for driving growth in the Kancho brand. Lotte Advanced Materials won an award for applying eco-friendly plastic to TV housings, and Lotte Basic Materials was acknowledged in the research and development category for its development of PP products for battery separators.The newly established brand and CX design category honored Lotte Construction for operating the high-end residential brand 'Le El' and Lotte GRS for its space renewal initiatives. Additionally, the challenge category, aimed at promoting a culture of innovation, was awarded to Lotte Fine Chemical for developing eco-friendly superabsorbent resins.Meanwhile, Lotte reported that its operating profit in the first quarter of this year for key business sectors, including food, retail, chemicals, and hotels, surged 181% year-on-year to 787.6 billion won.* This article has been translated by AI. 2026-06-08 15:48:00 -
Government Considers Public Oversight in Private Construction Inspections The government is exploring the possibility of public involvement in the construction oversight and inspection system, which has primarily operated in the private sector. The National Architectural Policy Committee, established under the President, has initiated a feasibility study on restoring public inspection functions, raising the prospect of a partial revival of the direct site inspection system for public officials that was abolished in 1995.According to industry sources on June 8, the National Architectural Policy Committee commissioned a study last month titled "Feasibility and Effectiveness of Restoring Public Inspection Functions for Enhancing Building Quality and Safety." The budget for the study is 60 million won, and it is set to run from July to December for six months. The scope includes all public and private construction, covering legislative amendments, stakeholder consultations, and responses to discussions in the National Assembly. This has led to speculation that the study may go beyond mere research and consider the potential for institutionalization.A committee official stated, "Currently, construction quality and safety management is focused solely on private oversight, and this study aims to explore whether there are areas where public oversight can be implemented. We are approaching this with an open mind to strengthen public functions for both public and private construction." However, the official clarified that this is still a topic of internal discussion and research, and no policy decisions have been made yet.The discussion around restoring public inspection functions is rooted in the 1995 amendment to the Construction Act, which abolished the direct site inspection system by public officials. Until then, officials responsible for permits would visit construction sites at key stages, such as rebar placement, to ensure compliance with design plans. However, following a trend of deregulation, the system was replaced by a requirement for private inspectors to submit written interim reports.Calls for reinstating public inspection functions have persisted, particularly following construction accidents. After the collapse of an underground parking lot at an apartment complex in Incheon in 2023, civil society argued that the weakening of public site inspection functions was a structural cause of poor construction quality and demanded the revival of the system. There is a growing awareness that relying solely on a private oversight system has limitations in preventing substandard construction.However, the implementation of public inspection functions is expected to face challenges. If introduced, it could significantly impact the private inspection market, which is estimated to be worth billions of won annually. The request for proposals includes an analysis of the potential effects on the private inspection market, indicating that backlash from the inspection industry is likely.The effectiveness of public inspections at small construction sites is also a concern. Small-scale projects, such as villas and multi-family homes, have been identified as blind spots for oversight, but it remains uncertain whether local government construction officials can adequately inspect the tens of thousands of sites across the country. Additionally, concerns about corruption and collusion among public officials, which were among the justifications for abolishing the system in 1995, need to be re-evaluated.An industry representative noted, "For the research findings to lead to actual legislative changes, cooperation with the Ministry of Land, Infrastructure and Transport and discussions in the National Assembly will be crucial. We expect significant challenges in overcoming industry resistance and the limitations of local government personnel."* This article has been translated by AI. 2026-06-08 15:45:00 -
Shinhan Bank Unveils 'Super SOL' Integrated Platform with Park Bo-gum as Model Shinhan Bank is ramping up promotional activities ahead of the official launch of its integrated financial platform, 'Shinhan Super SOL,' which combines banking, card, securities, and insurance services into one app.The bank announced that it will begin a teaser advertising campaign on June 8, ahead of the platform's official launch on June 17.Shinhan Super SOL is a revamped version of the existing Shinhan SOL banking app, designed to provide access to key financial services from the bank, securities, card, and life insurance sectors all in one place. The platform will also feature a generative artificial intelligence (AI) agent service.The advertisement, themed 'The Financial Universe in Your Hand,' showcases how Shinhan Financial's major services are interconnected within a single platform. Actor Park Bo-gum will appear in the campaign.The teaser ads will be released across various channels, including terrestrial and cable TV, YouTube, and theaters.A Shinhan Bank representative stated, "We prepared this advertisement to celebrate the launch of Shinhan Super SOL, which consolidates the core financial services of our banking, securities, card, and life sectors. It expresses our commitment to providing customers with a completely new level of convenience that transcends the familiar boundaries of traditional finance."* This article has been translated by AI. 2026-06-08 15:45:00 -
KRX's Night Derivatives Market Sees Trading Volume Surge Over Past Year As the night derivatives market marks its first anniversary, trading volume has surged more than sevenfold over the past year. Steady demand from investors seeking to respond to U.S. stock market movements and global events has driven rapid growth in trading activity. According to the Korea Exchange, the average daily trading volume in the night derivatives market from June 1 to June 5 reached 101.81 trillion won. This represents an increase of approximately 635% compared to the average daily trading volume of 13.85 trillion won recorded shortly after the market opened in June of last year. The number of traded items has also significantly increased, with the average number of items traded daily rising from 3,046 last year to 9,351 this year, a jump of about 207%. While the night derivatives market has traditionally been viewed as dominated by foreign investors, participation from individual investors has noticeably increased amid heightened market volatility. The night market is considered competitive as it allows investors to respond to U.S. market trends, international oil prices, exchange rates, and geopolitical factors even after the domestic market closes. In fact, the average daily trading volume of individual investors in KOSPI 200 night futures surpassed 3 trillion won for the first time in February, reaching 3.25 trillion won. In March, it increased to 3.29 trillion won, then decreased to 2.37 trillion won in April, before rebounding to 3.06 trillion won in May. This month, it has maintained a level around 2.68 trillion won, which is about three times higher than the 915 billion won recorded in June of last year. The night derivatives market, which officially opened on June 9 last year, has improved access for investors. Unlike the previous indirect method linked to the European derivatives exchange Eurex, trading can now be conducted solely with domestic derivatives accounts, eliminating the need for separate overseas accounts. The market features the same expiration structure and competitive fee system as the regular market. Currently, a total of 10 products are traded, including KOSPI 200 futures and options, KOSDAQ 150 futures and options, U.S. dollar futures, and treasury futures. This diverse range of products serves as investment and hedging tools to respond to global variables that arise after the domestic market closes. However, the exchange noted that the increase in trading volume should not be interpreted solely as market activation. The significant rise in the domestic stock market over the past year has also contributed to higher prices of underlying assets. A representative from the exchange stated, "The index level itself has risen significantly, which has expanded the absolute trading volume. However, it is reasonable to view the gradual increase in participation as investors become aware of the market's existence." He added, "Given the nature of night trading, there is considerable participation from foreign investors looking to respond to overseas market movements. Expanding institutional participation is one of our future challenges," and emphasized that diversifying products and expanding the market base are long-term goals.* This article has been translated by AI. 2026-06-08 15:42:00 -
Iran and Israel Clash Again, Oil Prices Surge Over 4% Despite President Donald Trump's calls for restraint, Iran and Israel have engaged in military conflict again, just two months after a ceasefire. Concerns over escalation and uncertainty surrounding U.S. negotiations with Iran have led to a more than 4% surge in international oil prices. On June 8, local time, the Israeli military reported that it had struck military targets in western and central Iran. The Islamic Revolutionary Guard Corps (IRGC) claimed that Israel used air-launched ballistic missiles. The Israeli military stated, "We targeted Iran's surface-to-surface missile launchers and infrastructure unrelated to the energy sector." The Israeli attack followed missile launches from Iran aimed at Israel. The IRGC had previously announced an attack targeting the Ramat David airbase near Nazareth. The Israeli military confirmed that missiles were fired from both Iran and Yemen towards Israel and activated its defense systems to intercept them. The military clashes were triggered after Israel conducted airstrikes on the outskirts of southern Beirut, Lebanon, on June 7. The Israeli military described the strikes as targeting Hezbollah positions, stating they were a response to rockets fired by Hezbollah towards northern Israel. Iran retaliated against Israel's attack on Lebanon, leading to Israel's counterattack on Iran. The Washington Post noted that this was the first Iranian attack on Israel since a ceasefire was brokered by the U.S. on April 8. Additionally, the ceasefire between Israel and Lebanon, also mediated by the U.S., appears to have been undermined. As ceasefires have been repeatedly broken, concerns about escalation are rising, impacting the energy market. With instability in the Middle East, expectations for the normalization of oil transport through the Strait of Hormuz have diminished. As of 3:28 PM KST, Brent crude futures rose 4.80% to $97.56 per barrel, while West Texas Intermediate (WTI) futures increased by 4.59% to $94.70. Trump's Efforts for Ceasefire Before World Cup The latest exchanges occurred shortly after President Trump urged both sides to refrain from escalating the conflict. According to Axios, Trump spoke with Israeli Prime Minister Benjamin Netanyahu on June 7, expressing optimism about achieving a favorable outcome and requesting restraint from further attacks. In a phone interview with Fox News on the same day, Trump stated regarding Iran, "This attack will not help negotiations," adding, "What I want to tell Iran is, you fired missiles, so stop and return to the table for an agreement." However, Trump maintains that he is still committed to a diplomatic resolution despite the renewed military clashes. In a phone interview with the Financial Times following Iran's attack on Israel, he stated that Iran's missile strike would not affect his willingness to pursue diplomatic solutions. He also commented on whether Netanyahu would accept a U.S. agreement with Iran, saying, "He will have no choice," and emphasized, "I make all the decisions; it’s not his decision." Trump is particularly focused on achieving a ceasefire in the Iran conflict before the North American World Cup begins on June 11. He indicated that negotiations with Iran could progress toward an agreement on Monday, Tuesday, or Wednesday of this week. This suggests a push for a memorandum of understanding (MOU) that would extend the ceasefire for 60 days and initiate denuclearization talks ahead of the World Cup. However, there are concerns that more than just phone calls will be needed to curb Israel's military actions in Lebanon. According to the influential Arab media outlet Al Jazeera, Trita Parsi, co-founder of the Quincy Institute, stated, "If you want to stop Netanyahu and make him align with U.S. interests, a simple phone call won't suffice." Parsi identified U.S. intelligence access and a multi-layered air and missile defense system as key pressure points. He argued that measures must be taken to limit Israel's operational range and effectively strip Iran of its ability to strike, asserting that without active U.S. support, Netanyahu cannot carry out such operations.* This article has been translated by AI. 2026-06-08 15:39:00 -
K-Beauty Exports Surge, ODM Companies Expand Supply Chains and Infrastructure The global K-beauty boom has prompted the domestic cosmetics manufacturing industry, particularly Original Design Manufacturers (ODM), to enter a fierce competition for production capacity. Companies are making aggressive investments in digital supply chains and expanding factories worth hundreds of millions of dollars to establish a foundation for long-term growth. According to the Ministry of Trade, Industry and Energy, cumulative cosmetic exports from January to May this year surpassed $5.6 billion, significantly exceeding the approximately $4.6 billion recorded during the same period last year. Cosmetics have become the top export item among five promising consumer goods categories, which include agricultural and fishery products, fashion apparel, household goods, and pharmaceuticals. Notably, cosmetic exports in May alone reached $1.18 billion, marking a 24.2% increase compared to the same month last year, setting a record for May exports. Cosmetic exports are projected to reach $10.2 billion in 2024, marking the first time surpassing the $10 billion mark, following last year's record of $11.4 billion. The upward trend is expected to continue this year, with forecasts suggesting that annual exports could reach an all-time high. While exports to China, the largest market for Korean cosmetics, have slowed, growth has been observed in Europe and the Americas, contributing to overall increases. Statistics from the Korea International Trade Association indicate that from January to April, exports to the U.S. rose by 40.5% year-on-year to $880 million, the highest among all markets. In contrast, exports to China fell by 14% to $650 million. Exports to the U.K. reached $160 million, and to the Netherlands, $110 million, reflecting increases of 172.2% and 231.0%, respectively, compared to last year. Germany (122.6%), Estonia (225.1%), and Mexico (116.8%) also reported triple-digit growth rates. In response to the surging demand for K-beauty, ODM companies are moving quickly. Cosmecca Korea announced on June 5 that it has decided to acquire land and a factory in Cheongju worth 64 billion won. This acquisition amounts to 10.13% of its total assets of 631.8 billion won as of the end of last year. The company aims to increase its annual production capacity, currently at 1.3 billion units, to meet diverse orders from global clients, including skincare, hydrogel masks, and sun care products. On the same day, Cosmax revamped its collaboration platform, 'eBiz,' to diversify its supply chain. The new system allows any raw material company worldwide to easily propose new ingredients through an English page, lowering entry barriers that previously required intermediaries. Korea Kolmar plans to end operations at its Beijing factory by the end of the first half of this year and invest approximately 170 billion won to expand its Sejong factory. Production will be centralized at its Wuxi factory in China, significantly boosting domestic production capacity. Additionally, Korea Kolmar has been operating its second factory in the U.S. since last year, establishing a foothold for exports to the North American market. CNC International is also constructing a large new factory in Cheongju Central Valley with an investment of 79 billion won. The new facility will occupy over 60,000 square meters, more than six times larger than its existing factories in Hwaseong and Yongin, and is expected to increase annual production capacity by 1.4 billion units to a total of 1.45 billion units upon completion in September next year. An industry insider stated, "As K-beauty exports expand beyond China to North America and Europe, the role of ODM companies is becoming increasingly important. How proactively they respond in terms of facility expansion, raw material sourcing, research and development, and local supply chain establishment will determine their market dominance in the future."* This article has been translated by AI. 2026-06-08 15:39:00 -
Park Hong-geun Calls for Comprehensive Review of All Financial Projects The government has initiated a public discussion on 'public participation in expenditure reform' led by the financial authorities, marking the first of its kind. At this event, Park Hong-geun, Minister of the Ministry of Strategy and Finance, announced plans for a rigorous review of all financial projects ahead of next year's budget preparation. Speaking at the 'Open Discussion on Expenditure Restructuring' held in Mapo-gu, Seoul, on June 8, Park stated, "The 2027 budget will be the first budget entirely overseen by the Lee Jae-myung administration. This year is the only opportunity to implement significant restructuring." He emphasized, "Next year's budget will involve a comprehensive review of all financial projects, aiming for a 15% reduction in discretionary spending, a 10% cut in mandatory spending, and the elimination of 10% of projects. We must boldly reduce unnecessary expenditures and invest decisively to enhance growth potential for an irreplaceable South Korea, ensuring that the benefits of growth are distributed across generations, regions, and social classes." This discussion follows a meeting last August led by the President on national fiscal savings, marking the first time the financial authorities have addressed expenditure restructuring as a formal agenda. The Ministry of Strategy and Finance explained that this discussion was organized to incorporate public voices throughout the budget preparation process, following the 'National Finance Town Hall Meeting' in April and the 'Youth Live Talk' in May. Representatives from 19 central ministries, including the Ministry of Finance and the Ministry of Science and Technology, as well as experts from research institutions like KDI, civic groups, journalists, youth advisory groups, and the general public attended the event. The discussion was broadcast live on KTV and the Ministry of Strategy and Finance's YouTube channel, with Park responding directly to questions raised in real-time comments. During the discussion, participants highlighted the need to completely redesign the existing financial expenditure system in response to demographic changes such as low birth rates and an aging population. In discussions on social, educational, and cultural issues, the necessity of reforming the local education finance grant system was emphasized. Professor Lee Jeong-hwan of Hanyang University pointed out that despite a decrease in the school-age population, the grant amount linked to domestic taxes remains unchanged, leading to some funds being allocated to non-essential projects, stressing that reform cannot be delayed any longer. In the employment and welfare sector discussions, topics included the restructuring of unemployment benefits and basic pensions. Professor Yoon Dong-yeol of Konkuk University raised concerns about the issue of repeated benefit claims and the phenomenon where unemployment benefits exceed earnings, calling for necessary reforms. Professor Seok Jae-eun of Hallym University noted that income disparities among elderly recipients of basic pensions are widening, advocating for a gradual adjustment of the benefit range and enhanced support for low-income groups. In the economic sector, the need for restructuring agricultural and food budgets and small business support programs was raised. Researcher Kim Mi-bok from the Korea Rural Economic Institute diagnosed that urgent structural reform of agricultural and food budgets is needed, including differentiating policy measures based on beneficiaries. Researcher Um Bu-young from the Small and Medium Business Administration pointed out that the individual operation of small business support programs by various ministries leads to redundancy and budget dispersion, calling for the integration of functions and bold restructuring of underperforming projects. Concerns about indiscriminate public facility construction were also raised in discussions on local finance. Researcher Son Jong-pil from the National Finance Research Institute suggested that policy focus should shift from building new public facilities to the efficient management and reallocation of existing ones to enhance local government financial efficiency. Minister Park expressed agreement with the various opinions raised during the discussion, stating, "We will concentrate our efforts on bold institutional improvements to ensure that mandatory expenditure projects, which impose a significant long-term burden on national finances, are operated more efficiently." He added, "The valuable opinions shared today will serve as a crucial milestone for the 2027 budget. We will continue to expand opportunities for the public to actively participate in the budget preparation and fiscal policy formulation processes."* This article has been translated by AI. 2026-06-08 15:33:00 -
Democratic Party Prepares for Leadership Contest Ahead of August Convention The Democratic Party of Korea has officially begun preparations for its convention scheduled for August 17, immediately following the June 3 local elections. With the next leadership set to wield significant influence over candidate nominations for the upcoming general elections, the competition for party leadership is heating up. According to political sources, Jeong Cheong-rae, the party leader, Prime Minister Kim Min-seok, and lawmaker Song Young-gil are all contemplating their candidacies for the upcoming convention. Jeong is expected to highlight his leadership over the past year, emphasizing the party's victory in the recent local elections and the successful implementation of key reform bills under the Lee Jae-myung administration, including judicial and prosecutorial reforms. He is likely to position himself as a candidate for re-election, pledging to continue addressing the government's remaining tasks. Kim, who served as the first Prime Minister under the Lee Jae-myung administration and is considered a close ally of the president, announced his resignation from the Prime Minister's office on June 7, stating, "My next mission is to build a capable Democratic Party." This has led to speculation that he is eyeing a run for party leadership. Song, a six-term lawmaker with previous experience as party leader, has also been vocal about issues surrounding candidate nominations during the local elections. He visited the May 18 National Cemetery in Gwangju the day before, seeking to connect with voters in the Honam region. However, there are growing concerns within the party regarding both Jeong and Song. Some lawmakers have pointed out Jeong's failure to secure the Seoul mayoral position from the People Power Party in the recent elections, while others have criticized Song for raising issues during the Jeonbuk gubernatorial nomination process, demanding formal apologies from both. Notably, lawmaker Lee An-joo resigned from her position on the Supreme Council, citing accountability for the local election results, and criticized Jeong, saying, "This election relied solely on presidential approval ratings. We must take the change in public sentiment seriously." Criticism has also been directed at Song. Yoon Jun-byeong, the head of the Jeonbuk provincial party, accused him of engaging in disloyal actions by publicly supporting an independent candidate during a critical election period, stating, "This is a serious misconduct. I am uncomfortable with him being mentioned as a potential candidate for party leader." Additionally, Lee Sung-yoon, a prominent member of the pro-Jeong faction, remarked, "It is unclear whether he is trying to protect the Democratic Party or undermine its leadership. Such statements are irresponsible and constitute serious misconduct. If he prioritizes the party over personal interests, he should apologize to the members." 2026-06-08 15:27:00 -
Financial Groups Shift Focus from Banking to Securities As regulatory pressures on banks increase and the stock market thrives, financial groups are shifting their growth strategies from banking to capital markets. KB, NH, and Woori Financial are investing billions of won into their securities subsidiaries, positioning the securities sector as a new growth pillar. On June 8, financial industry sources reported that NH Nonghyup Financial Group held an extraordinary board meeting on May 29, where it approved a third-party allocation capital increase of approximately 400 billion won for NH Investment & Securities. This capital increase comes about ten months after a previous 650 billion won boost last August, with the funds intended to enhance the comprehensive investment account (IMA) business and strengthen corporate finance competitiveness. An NH Nonghyup Financial official stated, "This is a strategic decision to expand productive finance and secure competitiveness in future growth businesses." Other financial groups are also actively bolstering their securities firms. Earlier this year, KB Financial Group decided to raise 700 billion won for KB Securities, marking its first significant capital increase for its securities subsidiary since the merger of Hyundai Securities and KB Investment Securities in 2016. Woori Financial Group also injected 1 trillion won into Woori Investment Securities in April and is considering additional support next year. Although Shinhan Financial Group has not directly pursued a capital increase, it is focusing on enhancing the competitiveness of its related subsidiaries. Shinhan Financial Chairman Jin Ok-dong is set to preside over a group management meeting on June 10 at the TP Tower in Yeouido, where Shinhan Investment & Securities and Shinhan Asset Management are headquartered. This will be the first time Chairman Jin leads a group management meeting in Yeouido, and the agenda is expected to include strategies for enhancing the group's capital market competitiveness. The trend of financial groups supplying capital to their securities subsidiaries reflects the growing importance of securities firms to overall group performance. While banks have traditionally driven profits, their growth potential is now limited due to government regulations on household loans. The government's emphasis on productive and inclusive finance has increased demands for public roles, making it difficult to sustain a profitability-focused growth strategy. In contrast, the securities sector is gaining prominence amid a booming stock market. The KOSPI index has surpassed 8,000, and investor deposits are increasing, contributing to a phenomenon known as 'money move' as funds shift into the stock market. With financial authorities selecting IMA operators and intensifying competition in issuance and corporate finance (IB), financial groups are focusing on nurturing their securities firms as future growth drivers. According to the Financial Supervisory Service, the share of net profits from financial investments, including securities firms, accounted for 17% of the total net profits of the ten domestic financial holding companies last year, marking a 5 percentage point increase from the previous year. In contrast, other sectors, including banking (-2.4 percentage points), insurance (-2.6 percentage points), and specialized credit finance (-1.3 percentage points), saw declines in their shares. A financial industry official noted, "While the banking sector faces growth limitations due to ongoing regulations and interest rate environments, the securities sector is experiencing significant growth potential amid a thriving stock market. We can expect continued active movements from financial groups aiming to secure growth drivers centered on capital markets." 2026-06-08 15:24:00 -
BC Card Launches June 'MyTag' Event Offering Discounts on Education and Living Expenses BC Card announced on June 8 that it will run its customer-oriented discount service, "MyTag," throughout the month of June. MyTag allows users to select desired benefits from the financial platform "Paybook" and receive discounts when paying with BC personal credit or debit cards. The event will continue until June 30. Customers must tag the benefits in the Paybook app before payment to apply the discounts, which can be received in addition to existing card benefits without any separate spending requirements. Customers with cards issued by BC Card member companies—including Woori Card, Hana Card, NH Nonghyup Card, IBK Industrial Bank, KB Kookmin Card, iM Bank, BNK Busan Bank, BNK Gyeongnam Bank, Shinhan Card, Sh Suhyup Bank, Gwangju Bank, and BC Baro Card—are eligible to participate. In the education sector, a discount of 5,000 won is available for payments over 300,000 won. Discounts include 5,000 won for payments over 1 million won on Naver Pay, 0.5% (up to 100 won, once per day, total of three times) for payments over 10,000 won on Coupang, and 3% (up to 10,000 won) for payments over 100,000 won on KREAM. Additionally, a discount of 100 won (once per day, up to five times) is available for payments over 10,000 won at Daiso, while CU, 7-Eleven, and Emart24 offer a 1,000 won discount for payments over 10,000 won. At The Venti, Mammoth Coffee, Mega MGC Coffee, and Compose Coffee, customers can receive a discount of 500 won for payments over 5,000 won on Saturdays and Sundays, up to two times (totaling 1,000 won). For KT Wiz home games at Suwon KT Wiz Park, an additional 1,000 won discount will be applied to the existing 2,000 won discount for payments over 10,000 won. Outback Steakhouse and Vips offer a 5,000 won discount for payments over 100,000 won. Kim Ho-jung, Executive Director of BC Card, stated, "We designed this event to provide practical assistance to customers facing burdens from education and living costs. We will continue to expand customized benefits that reflect consumer trends and needs." 2026-06-08 15:24:00

