Politics
- Domestic Over-legislation Issue: The 22nd National Assembly has proposed an excessive number of bills, raising concerns about the quality of legislation.
- Tax Collection Efficiency: Between 2022-2023, Seoul’s Regional Tax Office only collected 48% of overdue taxes, prompting calls for improvements in tax collection systems.
Society
- Jeju Local Travel 100: Jeju Tourism Organization launched the ‘100-year-old Jeju Stone House Experience’ as part of a local travel initiative, combining wellness and workation programs, which has been well-received.
- Globalization of K-Agriculture: The ‘K-Goodtrae Farming Method’ from Buyeo County in South Korea has been adopted in Uzbekistan’s rice farming, highlighting the global export of Korean farming techniques.
- Netmarble Wins Medals at Disabled Rowing Competition: Netmarble’s rowing team won a total of 11 medals at the Seoul Mayor’s National Disabled Rowing Competition, showcasing their sportsmanship.
Economy
- KOSPI Outlook: The KOSPI is expected to remain within the 2450-2800 range in October, with the U.S. election and Q3 earnings being key factors.
- Consumer Prices: The September consumer price index recorded its lowest rise in 3 years, though fresh food prices remain high.
- Tax Collection Issue: Seoul’s Regional Tax Office collected only 48% of overdue taxes in 2022-2023, raising concerns about the efficiency of tax collection.
- GM Chevrolet Promotion: GM Korea is offering up to 4 million KRW in discounts for Chevrolet Trax Crossover purchases during its fall promotion.
Technology/IT
- Epic Games Lawsuit: Epic Games filed a lawsuit against Google and Samsung, accusing them of limiting competition in the app distribution market.
- Generative AI Integration: Hancom launched ‘Hancom Docs AI,’ combining generative AI with its subscription-based document editing service, introducing a new paradigm for document work.
- Google Korea 20th Anniversary: Google marked its 20th anniversary in Korea by highlighting its economic contributions and its role in spreading Korean culture globally.
International
- Iran-Israel Tensions: Iran launched over 200 missiles at Israel, and President Biden expressed full support for Israel’s defense.
- U.S. Presidential Election Debate: Trump and Vice President Harris exchanged sharp criticisms over responsibility for instability in the Middle East.
- California Bans College Admission Privileges: California passed a law prohibiting preferential admissions for children of donors or alumni at major private universities.
Games
- AAA Game Releases: October will see the highly anticipated releases of ‘Silent Hill 2 Remake’ and ‘Diablo 4’s expansion Vessel of Hatred, exciting many gamers.
- KBO Postseason Sponsorship: Com2uS secured the official sponsorship for the 2024 KBO postseason and will hold various events for baseball and gaming fans.
- Kakao Battleground Donation Event: Kakao Games is hosting a donation event in support of soldiers suffering from psychological difficulties during military service.
Entertainment
- Busan International Film Festival Opening: The 28th Busan International Film Festival opened with ‘Jeonran,’ directed by Park Chan-wook and starring Kang Dong-won, as the first OTT opening film.
- Han So-hee Update: Actress Han So-hee shared an update on her work on ‘Gyeongseong Creature 2,’ garnering attention from fans.
- Son Dam-bi Pregnancy Announcement: Son Dam-bi announced her pregnancy, expecting her first child in April next year, during a TV show, receiving warm congratulations.
Sports
- Valorant Champions Tour: Shin Freesia Gaming won the Valorant Champions Tour Ascension Pacific, securing their promotion.
- OK Financial Group Rugby Team: OK Financial Group’s rugby team is aiming for a championship at the National Sports Festival, with coach Oh Young-gil expressing his passion for Korean rugby.
- Nexon Youth Programming Challenge: The online preliminary rounds for the Nexon Youth Programming Challenge (NYPC) have concluded, and the finalists have been confirmed.
Law/Policy
- Dormant Deposit Refund System: There are calls for improvement as financial institutions have failed to properly implement agreements to return dormant deposits to their rightful owners.
- Debate on Revisions to the Handset Distribution Act: The Handset Distribution Act (DanTongBeop) remains controversial as it has failed to reduce communication costs as intended.