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2026 BIFF Preview: Films to Watch from 'Day and Night Are Each Other' to 'Dora' 제31회 부산국제영화제(BIFF)가 오는 10월 6일 화려한 막을 올린다. 올해 부산을 찾는 공식 초청작은 59개국 247편으로 해외 유수 영화제에서 먼저 작품성을 인정받은 거장들의 신작부터 아시아 영화의 미래를 가늠할 신인 감독들의 데뷔작 그리고 오직 부산에서만 최초 공개되는 월드 프리미어 화제작들이 빼곡하게 채워졌다. 올해 부산국제영화제의 포문을 여는 작품은 김종관 감독의 신작 '낮과 밤은 서로에게'다. 이번 영화제에서 월드 프리미어로 전 세계 최초 공개되는 이 작품은 여름에서 가을로 계절이 바뀌는 동안 한 카페를 스쳐 지나가는 네 쌍의 남녀 이야기를 다룬 옴니버스 영화다. 특유의 감성적인 미장센과 섬세한 연출력을 자랑하는 김종관 감독의 지휘 아래 김민하, 주종혁, 한선화, 장률, 심은경, 이희준, 전소영, 김동휘 등 탄탄한 연기력을 갖춘 배우들이 대거 참여해 다채로운 인간 군상과 관계의 묘미를 그려낸다. 개막식 상영을 통해 관객들에게 첫선을 보인 후 오는 11월 전국 극장에서 정식 개봉할 예정이다. 세계적인 거장들의 신작과 글로벌 화제작을 엄선해 소개하는 '갈라 프레젠테이션' 섹션에는 총 6편이 초청됐다. 가장 눈길을 끄는 작품은 고레에다 히로카즈 감독의 '룩백'이다. 후지모토 타츠키의 동명 만화를 원작으로 한 이 영화는 만화에 대한 열정으로 교감하게 된 두 소녀의 우정과 창작의 기쁨, 이별의 아픔을 묵직하게 담아내며 2025년 베니스영화제 경쟁 부문에 진출해 극찬을 받았다. 연상호 감독의 신작 '실낙원'은 토론토영화제 스페셜 프레젠테이션에서 먼저 주목받은 미스터리 스릴러로, 부산을 통해 국내 관객에게 처음 공개된다. 정주리 감독의 신작 '도라'는 한국·프랑스·룩셈부르크·일본 4개국 합작 프로젝트로 독창적인 서사를 예고하며, 이자벨 위페르가 카메라에 잡히면 안 되는 만년 엑스트라로 변신해 포복절도 코미디를 선사하는 마르크 피투시 감독의 '내일은 이름이 있다' 등도 놓칠 수 없는 기대작이다. 올해로 두 번째를 맞이한 경쟁 부문(뉴 커런츠 및 지석)에는 아시아 영화 14편이 진출해 최고상인 '부산 어워드 대상'을 놓고 경합을 벌인다. 심사위원장인 중국 장이모우 감독을 필두로 비간 감독, 정주리 감독, 배우 최희서 등이 심사를 맡는다. 한국 영화로는 임하연 감독의 '그날의 태주', 염규복 감독의 '긴긴밤', 김정훈 감독의 '면도' 세 편이 진출해 톡톡 튀는 시선과 묵직한 주제 의식을 선보인다. 아시아 경쟁작으로는 '천국의 아이들'로 유명한 이란 마지드 마지디 감독의 '빵과 책', 일본 히로세 나나코 감독의 '비트윈 투 러버스', 오키타 슈이치 감독의 '사토코는 언제나', 인도네시아 요셉 앙기 노엔 감독의 '바다에 새겨진 이름' 등이 포진해 치열한 각축전을 벌인다. 한국 영화의 현주소와 다채로운 장르를 확인할 수 있는 '한국영화의 오늘' 섹션도 풍성하다. 대중성과 상업성을 띤 월드 프리미어 신작을 소개하는 '스페셜 프리미어'에서는 이후빈 감독의 '사피엔스', 김성윤 감독의 가족 퇴마 소동극 '세대유감', 김지현 감독의 '정가네'가 첫선을 보인다. '파노라마' 섹션에서는 칸영화제 경쟁 부문 진출작인 나홍진 감독의 '호프'(158분)를 비롯해 토론토영화제 플랫폼 부문에 선정된 윤단비 감독의 '첫세계', 9년 만에 복귀한 김혜자 주연의 송일곤 감독 신작 '여전히 찬란하게' 등 국내외 안팎에서 기대를 모으는 화제작들이 줄지어 대기 중이다. 가을밤의 낭만을 즐길 수 있는 4천 석 규모의 야외 상영관 '오픈 시네마'에서는 파올로 스트리폴리 감독의 밀도 높은 스릴러 '스파이럴', 태국 호러의 대가 반종 피산다나쿤 감독의 '인헤릿', 안시국제애니메이션영화제 장편 대상을 거머쥔 '바이올리니스트' 등 다양한 장르 영화가 매일 밤 부산의 밤하늘을 수놓는다.* This article has been translated by AI. 2026-10-06 00:04:10
Stars from Jeon Do-yeon to Charlotte Gainsbourg to Attend 2026 Busan International Film Festival The 31st Busan International Film Festival (BIFF), set to kick off on October 6, will see a gathering of top filmmakers from Korea and around the world, marking a vibrant ten-day celebration. Stars will walk the red carpet with their new films, while renowned actors will engage with audiences through the 'Actors House' and various talk programs, showcasing the key figures who will heat up this year's festival.Actor Kim Min-ha will host the opening ceremony, while Im Si-wan will lead the closing ceremony, ensuring a smooth flow of events.The red carpet at the opening ceremony on October 6 at the Busan Cinema Center will feature leading stars from the Korean film industry. Jeon Do-yeon, Seol Kyung-gu, Jo In-sung, and Jo Yeo-jeong from 'Possible Love,' along with Hyun Bin, Jung Woo-sung, and Woo Do-hwan from 'Made in Korea' Season 2, will greet fans to celebrate the occasion. Additionally, Yoo Yeon-seok and Go Ah-sung, appointed as judges for the 'Actor of the Year' award in the Vision-Korea section, will also be present to discover and honor new talents in Korean cinema.This year's 'Actors House,' a signature program that offers insights into the acting careers and behind-the-scenes stories of contemporary actors, boasts an impressive lineup.On October 8, Kim Go-eun, who reached ten million viewers with 'The King’s Affection,' and Kim Min-ha, who gained global attention with the 'Pachinko' series, will have an in-depth session with the audience. On October 9, Ryu Seung-ryong, ahead of the release of 'Jeonggane,' and Ju Ji-hoon from 'The Remarried Empress' will share their distinct acting philosophies that have shaped their careers. On October 10, Shin Min-a, who is set for a transformation in 'The Remarried Empress,' will candidly discuss her intense journey of self-reflection, captivating the audience.International filmmakers and global stars will also make their presence felt. Acclaimed director Alfonso Cuarón, a two-time Academy Award winner for 'Gravity' and 'Roma,' will visit Korea for the first time, conducting a special talk and master class following an IMAX screening of 'Gravity.' His son, Jonas Cuarón, will also attend with his new film 'Gabacho Champion.' Actress Yang Ja-kyung, recipient of the 'Asian Film Person of the Year' award, will return to Busan after 15 years, while Maggie Gyllenhaal will present her directorial work 'The Lost Daughter.' Other notable attendees include director He Huanhua, winner of the Camelia Award, and French national treasure Isabelle Huppert, who will grace the festival.Charlotte Gainsbourg, an icon of 'French chic,' will also join the festival. Following a special screening of Lars von Trier's 'Melancholia,' she will engage in a special talk with actress Jung Eun-chae and delve into her artistic world through a Cine Class.Stars from across Asia will converge in Busan as well. From the Chinese-speaking world, actors Xu Qi, Zhou Xun, and Fan Bingbing will attend, alongside Thailand's Davyka Hone and Japan's Masami Nagasawa, Tasuku Emoto, Haru Kuroki, Shunsuke Michieda, and Erika Sawajiri, as well as (G)I-DLE's Shuhua, who is taking on new challenges as an actress, among many others, promising special interactions with the audience.* This article has been translated by AI. 2026-10-06 00:04:10
2026 BIFF Preview: Key Events Not to Miss at the Busan International Film Festival The 31st Busan International Film Festival (BIFF), a premier film festival representing South Korea and recognized as a top-tier A-list event globally, will take place from October 6 to 15, transforming Busan into a hub of cinematic excitement. This year, the festival will showcase 247 invited films from 59 countries, along with a variety of engaging events that allow audiences to interact directly with actors and directors. Here’s a tailored guide highlighting key events, related films, and participating stars that attendees should not miss.Opening Ceremony and Red Carpet Featuring Global StarsThe festival will kick off with an opening ceremony on October 6 at the outdoor theater of the Busan Cinema Center. This year’s opening film, "Day and Night Are for Each Other," directed by Kim Jong-kwan, will have its world premiere.Top domestic and international stars will gather for the red carpet and ceremony. Leading the lineup is actress Kim Hye-ja, returning to the screen after nine years with her film "Still Brilliant." Other attendees include Jeon Do-yeon, Seol Kyung-gu, Jo In-sung, Yoo Hae-jin, Hyun Bin, and Jung Woo-sung. The international guest list is equally impressive, featuring actress Liang Zichong (Michelle Yeoh), who will visit Busan for the first time in 15 years, along with Maggie Gyllenhaal, who will present her directorial work "The Lost Daughter," and director He Pinghua, recipient of the Camellia Award, as well as French cinema icon Isabelle Huppert and actress Fan Bingbing.Candid Insights from Actors: 'Actors House' and 'Carte Blanche'The festival will feature popular talk programs where audiences can hear firsthand accounts of actors' journeys and behind-the-scenes stories. The highly anticipated "Actors House" will showcase six prominent actors, including Kim Go-eun, Kim Min-ha, Ryu Seung-ryong, Shin Min-a, Lee Min-ho, and Ju Ji-hoon, who will share their experiences and philosophies regarding their craft.In the "Carte Blanche" segment, director Kim Ji-woon will join actress Fan Bingbing and cinematographer Hong Kyung-pyo for a special screening and audience Q&A session.Master Classes and Special Talks on Filmmaking SecretsThe festival will also host lectures and discussions exploring the creative secrets of filmmakers and producers. The "Master Class" series will feature acclaimed director Na Hong-jin, who will share his directing philosophy, alongside lectures from Filipino director Lav Diaz and French director Bertrand Mandico. Legendary animator Rintaro, known for classics like "Galaxy Express 999" and "Metropolis," will return to Busan for a special lecture after 17 years.In the "Cine Class," audiences will meet director Jang Ryul, whose film "Twilight of the Ruins" won the 2025 Busan Award, Iranian documentary master Seyfollah Samadian, and French actress Judith Godrèche. Notably, producer Jang Won-seok, who has achieved box office success with the "Crime City" series and "The King and the Clown," will share insights into his success, while director Bikan and actress Shim Eun-kyung will lead a discussion on acting and filmmaking.In a special talk, producer Kim Tae-ho, who has recently expanded into film distribution, will engage in a discussion following the screening of the film "Mother Mary." Additionally, critic Jung Sung-il will host a meaningful session reflecting on the history of Korean cinema after the screening of the film "Festival."Community Events Expanding Beyond the TheaterThe festival will also feature participatory events that extend its reach into everyday spaces. The "Community BIFF," taking place in the Nampo-dong area from October 8 to 11, will showcase 69 films selected by audiences, creating a festival led by the viewers. The "Neighborhood BIFF," which spans 17 regions including Busan, Yangsan, and Seoul, will host film screenings and various events in community-friendly venues.Additionally, the 21st Asia Content & Film Market (ACFM), running from October 10 to 13 at BEXCO, will feature 64 programs addressing the latest trends in the video industry, including cinematic AI and new media, presenting the future of the film market to industry professionals and audiences alike.* This article has been translated by AI. 2026-10-06 00:04:00
The Impact of Theater on Youth: A Personal Reflection When I was young, I never imagined I would become an actor. After failing to achieve my goals in college entrance exams, I stumbled upon a place to learn theater. As a shy young man, I felt that acting could allow me to express what was inside me. That’s how I discovered theater.I still vividly remember my first performance in 1962 with the play 'The Cow.' I was so nervous that I can hardly recall how I managed it. After stepping on stage once, and then again, I have now been performing for 65 years. Looking back, the resonance I felt as a young person on stage and in the audience has guided my entire life. The works I encountered during that time became my lifelong preferences, provided me with strength to endure life, and sometimes even changed the direction of my life. For me, that was theater.I believe the audience is the person an actor should fear the most. On stage, there is no hiding. If an actor is unprepared, the audience knows, and if the actor does not give their all, it becomes apparent quickly. There are no retakes or corrections. The meeting between the actor and the audience happens at that moment, and that’s it. Therefore, I have stood on stage my entire life with a fear of the audience. Even after many years of performing, I still wonder if I can do well before the curtain rises.It is always a pleasure to meet young audiences in the theater. However, standing before them makes me even more nervous. Young audiences are honest; if they enjoy something, they express it, and if they find it boring, they show that too. This compels me to be more genuine on stage. They have taken time out of their busy lives to come to the theater, so I must deliver my best.A few years ago, while performing 'Waiting for Godot' with actor Park Geun-hyung, I experienced this firsthand. The story features two old men waiting for Godot, who never arrives, yet young audiences laughed and held their breath in anticipation. Watching them, I was reminded that great theater transcends generations.Theater ultimately revolves around people and our stories. It showcases what people wait for, what causes them pain, and how they live. Regardless of the era or age, the essence of human life remains largely the same. I believe that when these stories are conveyed honestly, they can resonate with anyone's heart.However, many young people today find it difficult to enjoy cultural and artistic experiences due to financial constraints. With worries about job hunting and living expenses, attending a performance often becomes something that can be postponed. In this context, the full implementation of the Youth Culture and Arts Pass in 2027 is truly welcome news. It signifies that our society acknowledges that young people's cultural lives should not be put on hold.I hope this Youth Culture and Arts Pass provides opportunities for young people to encounter performances they might not have otherwise experienced. Stories that can be heard up close, where you can feel the actor's breath, leave an impression that cannot be captured on screen. Engaging with art does not require complete understanding; simply being present is enough.I still perform on stage. I do it because I am alive and because it has been my lifelong work. I do not know how long I can continue, but as long as I can stand on stage and see an audience looking at me, I want to fulfill my role properly. I also hope to see more young people in the audience.Among today’s youth, there are likely future actors and directors, as well as lifelong audience members who will cherish culture and the arts. Therefore, I want to give back, even a little, to the next generation through my work in theater, which is why I have contributed to the 'Theater Tomorrow Fund.' I believe that for the future of theater to continue, there must be young actors and creators on stage, as well as young audiences who seek out those performances.Just as the stage I first stepped onto 65 years ago became my lifelong pursuit, today, a young person sitting in the audience may find a new starting point. The moment a young person encounters culture, the future of our culture begins anew.* This article has been translated by AI. 2026-10-06 00:04:00
Nobel Prize in Physiology or Medicine Awarded to Karl Deisseroth and Two Others Nobel Prize in Physiology or Medicine awarded to Karl Deisseroth and two othersSweden's Karolinska Institute Nobel Committee announced on October 5 that Karl Deisseroth, Peter Hegemann, and Georg Nagel have been jointly awarded this year's Nobel Prize in Physiology or Medicine.According to Yonhap News, the committee recognized them for their discoveries related to optogenetic ion channels and optogenetics.The Nobel Prize announcements will continue with the Physics Prize on October 6, the Chemistry Prize on October 7, the Literature Prize on October 8, the Peace Prize on October 9, and the Economics Prize on October 12.Shark 'Bukan-i' attracts over 1 million visitors in BusanSince its first sighting on September 18, the shark known as 'Bukan-i' has drawn over 1 million visitors to the artificial waterway at Busan's North Port waterfront park.As of October 5, the city of Busan reported that crowds began gathering at the park from 7 a.m. to see Bukan-i. By 6 p.m. that day, the total number of visitors had reached 1,015,800.On the first day of the National Foundation Day holiday on October 3, 72,000 people visited the park, followed by 89,000 on October 4, and another 89,000 on October 5.Lawmaker Lee Jae-jung criticizes those condemning 'Assassins'Lee Jae-jung, chair of the National Assembly's Culture, Sports and Tourism Committee and a member of the Democratic Party, commented on the historical distortion controversy surrounding the film 'Assassins,' stating, "Those who criticize this film are the ones who are truly insulting President Park Chung-hee."In a Facebook post on October 5, he asserted, "It is not the film that distorts history, but the political sphere that distorts the film."He urged lawmakers who plan to question or comment on the film to watch it first, noting that citizens are also going to theaters to make their own judgments. He warned that joining the criticism without having seen the film could lead to future embarrassment.Democratic Party condemns North Korea for landmine violationsShin Hyun-young, spokesperson for the Democratic Party, stated in a written briefing on October 5 that the recent landmine explosion in the DMZ has been confirmed to be caused by mines laid by North Korean troops, calling it a "clear violation of the armistice agreement."Shin criticized North Korea for continuing to evade responsibility, stating, "The act of laying mines in the DMZ is a provocation that threatens peace and stability on the Korean Peninsula and undermines international trust."She demanded that North Korea immediately apologize to the injured South Korean soldiers and remove the mines it has laid, as well as implement practical measures to prevent recurrence.Finance Minister Lee Hyung-il discusses housing and job policiesOn October 5 at 5 p.m., Finance Minister Lee Hyung-il held an economic policy meeting with Cheong Wa Dae Policy Chief Ha Jun-kyung and others.According to Yonhap News, the attendees discussed strategies for advancing three key social policies: housing, jobs, and financial support for low-income households.This meeting follows President Lee Jae-myung's announcement of plans to pursue these three core social policies, emphasizing the need to actively utilize available resources and policy tools to address polarization and inequality, which are key factors in public anxiety.Spain to hold early elections on November 29 amid housing protestsIn Spain, large-scale protests against housing issues have led to the announcement of early elections on November 29.On October 5, Prime Minister Pedro Sánchez addressed the nation via television, stating, "We need to renew the support of the people," as he announced the early elections, according to reports from Reuters and AFP.With the Socialist Party trailing in recent polls, the early elections represent a significant gamble for Sánchez, and losing could signal the end of one of the few remaining left-leaning governments in Europe.KBO League sets new attendance record with over 12.36 million fansThe 2026 KBO League season has set a new record for single-season attendance.The Korea Baseball Organization (KBO) announced on October 5 that a total of 95,922 fans attended games across five stadiums nationwide, bringing the season's cumulative attendance to 12,362,000 (an average of 17,685 per game).This season, the KBO surpassed the previous single-season attendance record of 12,312,519 set last year after just 699 games.Since its inception in 1982, when it attracted 1,438,768 fans, the KBO League opened the era of 10 million fans in 2024. This year marks the second consecutive year of over 12 million fans and the third consecutive year of over 10 million.Clear nationwide with chilly morning temperaturesOn Tuesday, October 6, the weather is expected to be generally clear across the country, with significantly cooler morning temperatures.Morning temperatures are forecasted to drop to around 10 degrees Celsius (5 degrees in inland Gangwon and mountainous areas).Most regions will experience a temperature difference of about 15 degrees between day and night, so health precautions are advised.The morning low is expected to be between 6 and 14 degrees, while the daytime high will range from 21 to 23 degrees.* This article has been translated by AI. 2026-10-05 21:44:00
Lee Jae-jung: Critics of 'Assassins' Disrespect Park Chung-hee Lee Jae-jung, chair of the National Assembly's Culture, Sports and Tourism Committee and a member of the Democratic Party, stated that those criticizing the film 'Assassins' are, in fact, disrespecting former President Park Chung-hee.In a Facebook post on October 5, Lee asserted, "It is not the film that distorts history, but the political sphere that distorts the film." He urged lawmakers who plan to question or comment on the film to watch it first, saying, "Citizens are also going to theaters to make their own judgments. If you join this criticism without having seen the film, you will later feel ashamed of yourself."Lee further claimed, "This film does not even entertain the possibility of Park's involvement within the realm of cinematic imagination. Even as someone who maintains a critical stance toward President Park, I found it impossible to imagine such involvement while watching the film, given my memories and feelings about the affection and family relationships of President Park's family."He added, "If after watching this film you still think of 'the possibility of Park's involvement,' and claim that the director intended this, then one of two things is true: either you have a distorted perception and emotion regarding President Park's family relationships, or the director has failed to properly convey his intentions in a poorly executed film. It is clear that neither is the case."Lee also challenged critics, saying, "Be honest. Is there not something in the film that you dislike or find uncomfortable? Is it not the long dictatorship symbolized by the emergency measures of the Park Chung-hee regime, the harms of the Central Intelligence Agency, media suppression, and the hidden aspects of the 1965 Korea-Japan Agreement that you are uncomfortable with? Is this not why you are distorting the film with logic that disrespects President Park?"In response to the People Power Party's letter demanding the Singapore International Film Festival halt screenings of the film, Lee criticized, "Let’s stop embarrassing ourselves in the international community. Those who receive that document will think of the 2024 martial law."'Assassins,' which premiered on September 23, focuses on the attempted assassination of President Park Chung-hee in 1974 and the assassination of First Lady Yuk Young-soo. The film sparked controversy over historical distortion due to scenes suggesting the involvement of the Central Intelligence Agency based on diplomatic relations between Korea and Japan at the time.* This article has been translated by AI. 2026-10-05 21:28:00
Stanford Professor Receives Nobel Prize Call While Preparing School Lunches Carl Daiseros, a 55-year-old professor at Stanford University and co-recipient of this year's Nobel Prize in Physiology or Medicine, revealed that he received the award notification call early in the morning on October 5 while he was at home working and decided to take a short break.In an interview with the Associated Press following the announcement, he described himself as a "night owl," indicating that he often works late into the night.While at his home in Stanford, California, Daiseros was engaged in research tasks, including working on papers and emailing students, when he lay down for a brief rest and received the call from the Nobel Committee at the Karolinska Institute in Sweden.During the AP interview, he mentioned that his immediate priority was preparing school lunches for his sleeping children. "That is the one thing I have to do in the next few hours. I need to make sandwiches for the kids," he said.The announcement of the Nobel Prize winners was made shortly after 11:30 a.m. Central European Summer Time (CEST) on October 5, which corresponds to 2:30 a.m. Pacific Daylight Time (PDT).Typically, the notification calls to Nobel laureates occur just minutes before the public announcement, which is why Daiseros received the call early in the morning while in California.* This article has been translated by AI. 2026-10-05 21:24:00
Shark 'Bukan' Draws 1 Million Visitors at Busan Port Since its first sighting on September 18, the shark known as 'Bukan' has attracted over 1 million visitors to the artificial waterway at Busan North Port's waterfront park.According to the city of Busan, crowds began gathering at the park early on October 5, with a total of 1,015,800 visitors recorded by 6 p.m. that day.On the first day of the National Foundation Day holiday, October 3, 72,000 people visited the park to see Bukan, followed by 89,000 on October 4, and another 89,000 on the final day of the holiday, October 5.Before Bukan's arrival, the park averaged only 2,000 visitors per day. However, on the first day of the Chuseok holiday, September 24, attendance exceeded 100,000, peaking at 140,000 on September 26.On the morning of October 5, the walking paths and bridges near the waterway were crowded with visitors, forming multiple lines to catch a glimpse of Bukan.Despite two attempts by rescue authorities to guide Bukan back to the open sea, the shark has remained in the waterway. Authorities have decided to wait for Bukan to exit the waterway on its own without further rescue operations.The net installed after the second rescue attempt was removed on October 3 at 4:20 p.m. to ensure Bukan has a clear path to the ocean.The National Fisheries Research and Development Institute is monitoring Bukan's health and movement, noting that the shark has not been observed feeding.* This article has been translated by AI. 2026-10-05 21:12:00
Toss Bank Hacking Attempt Linked to Shinhan Bank Incident Recently, some of the Internet Protocol (IP) addresses used in a series of hacking incidents targeting the financial sector attempted to access the servers of Toss Bank as early as January of this year. However, Toss Bank blocked these attempts, preventing any personal data breaches or actual damage.On October 5, Kim Hyung-yeon, a lawmaker from the Justice Reform Party, revealed that two of the IP addresses used in the recent Shinhan Bank hacking had attempted to access Toss Bank's servers since January.The IP addresses made three access attempts on January 24 and 11 attempts between July and August to connect to Toss Bank's internal servers. Toss Bank stated that it has a continuous blocking system in place, ensuring that there was no system breach or customer data leak.Following confirmed data breaches at Shinhan, KB Kookmin, Hana, BNK Busan Bank, as well as Yeogaram, Welcome Savings Bank, and Hyundai Capital, the detection of similar IP attacks at an internet bank raises concerns that the attacks may have targeted the entire financial sector earlier than previously thought.Financial authorities have instructed banks and credit card companies to complete emergency inspections by October 6, while securities, insurance, and savings banks have until October 8 to finish their assessments.* This article has been translated by AI. 2026-10-05 21:04:00
Deputy Prime Minister Lee Hyung-il Discusses Key Economic Issues Deputy Prime Minister and Minister of Finance Lee Hyung-il held an economic issues meeting on the afternoon of October 5 with Cheong Wa Dae Policy Chief Ha Jun-kyung and others.According to the Ministry of Finance, participants discussed strategies for advancing three key social policies related to housing, employment, and subprime finance.This meeting follows President Lee Jae-myung's announcement of a commitment to implement these three core social policies, emphasizing the need to actively utilize available resources and policy tools, including excess tax revenue, to address polarization and inequality, which are central factors contributing to public anxiety.In a post on social media platform X (formerly Twitter), President Lee stated, "We will expedite the large-scale supply of public long-term rental housing for youth and the middle class using excess tax revenue."Based on the discussions held today, the government plans to further refine specific tasks and strategies for utilizing excess tax revenue through additional inter-departmental discussions and consultations with various stakeholders.* This article has been translated by AI. 2026-10-05 20:48:00