The Anti-corruption & Civil Rights Commission said recently that it had caught a government-funded association and a company embezzling government subsidies, recovering about 12.7 billion won (about $9.2 million) in wrongfully wasted budget…
The Ministry of Foreign Affairs announced that it co-hosted the "International Conference on Asia SMR Cooperation" with the U.S. Department of State in Seoul from November 11 to 13. More than 70 SMR experts from 15 countries attended, inclu…
The NATIONAL ASSEMBLY RESEARCH SERVICE released a report titled "Policy Tasks for the Diffusion of Autonomous Manufacturing in the Age of the AI Revolution" under its "Issues and Perspectives" series on the 13th. According to the report, in…
The Korea Engineering and Consulting Association (chaired by Lee Hae-gyeong) announced that it held an international forum on the 12th at the Grand InterContinental Seoul Parnas in Gangnam-gu, Seoul. The event brought together some 300 expe…
Korea Airports Corporation (KAC) and Incheon International Airport Corporation (IIAC) announced on the 13th that they had signed a memorandum of understanding to standardize airport data and make it easier for the private sector to use that…
AI-based cybersecurity company SecuriON announced on the 13th that its mobile antivirus solution "OnAV" has received 2024 "AV-Comparatives" certification. According to SecuriON, AV-Comparatives, based in Austria, is a globally recognized se…
The Korea Software Industry Association (KOSA) held the "KOSA Leaders Forum 2024" on the 13th at Lotte Resort Buyeo in Buyeo County, South Chungcheong Province, with about 150 people attending, including member companies, government ministr…
The Fair Trade Commission (FTC) said on the 13th that it has decided to issue a corrective order and provisionally impose a fine of 140 billion won (about $100 million) on Coupang and CPLB for violating the ban on customer inducement by dec…
The Office of the President of the Republic of Korea said that In Seong-hwan, Second Deputy Director of the National Security Office, chaired the "Fifth Defense Export Strategy Evaluation Meeting" on the 12th at a meeting room in the presid…
Korea Broadcasting Advertising Promotion Corporation (Kobaco) has been found to have improperly constituted its proposal evaluation committees while pursuing public projects through contract-by-negotiation. It also failed to properly observ…
Criteria for designating and operating "Innovation Product Support Centers" will be established to support public procurement of innovative products. The centers will be able to carry out tasks such as discovering and recommending innovativ…
An amendment to the Enforcement Decree of the Act on Corporate Governance of Financial Companies (Governance Structure Act), aimed at setting out matters delegated to presidential decree under the law, passed the Gukmu Hoeui (State Council)…
The National Fire Agency announced on the 11th that it will hold the '4th National Fire Agency Commissioner's Cup Drone Competition' for two days on the 12th and 13th at the National Fire Service Academy in Gongju, South Chungcheong Provinc…
The Ministry of Science and ICT (MSIT) and the National Information Society Agency (NIA) said they will hold a briefing for local governments on plans to build smart senior centers at 2 p.m. on the 12th at the NIA Seoul office in Jung-gu, S…
The Ministry of SMEs and Startups and L'Oréal announced that, starting June 12, they will recruit digital and innovative technology startups wishing to join the "Big Bang" program, a collaboration with global companies. Since signing an MOU…
