Korea Daily News (November 22, 2024)

Politics

  • Lee Jae-myung Proposes Public Debate on Commercial Act Amendment: Democratic Party leader Lee Jae-myung proposed a public debate to resolve conflicts between businesses and investors regarding amendments to the Commercial Act.
  • Internal Conflict Among Pro-Lee Jae-myung Faction: Diverse opinions have emerged within the Democratic Party amid Lee Jae-myung’s potential disqualification from candidacy.
  • Strengthening Small Investor Protection: Proposals to enhance protections for small investors have gained attention in discussions on Commercial Act amendments.
  • Concerns Over Korea’s Suicide Rate: At an event attended by 800 people from religious and political circles, concerns were raised about Korea’s high suicide rate.
  • Shifts in Korea-China-Japan Relations: China is expected to resume visa-free short-term entry for Japanese citizens.

 

Society

  • Bridging Educational Gaps Between Regions: Remote consultations and tailored treatments for the elderly in Gangwon Province help mitigate medical disparities.
  • Snacks for Adults Gain Popularity: The snack industry has begun targeting adult consumers with products doubling as affordable pub snacks.
  • UNICEF Donations: Asiana Airlines crew members donated their in-house awards to UNICEF, continuing their charitable activities.
  • Youth Entrepreneurship Competitions: Nationwide contests are fostering innovative ideas and nurturing future leaders.
  • Winter Travel Promotions: Discounted travel packages in Jeju and other destinations are boosting domestic tourism.

 

Economy

  • KOSPI Regains 2,500 Points After 8 Days: The KOSPI index rose, closing at 2,501.24 points.
  • Recovery in Myeongdong’s Commercial District: Increased foreign tourist activity has lowered vacancy rates and revitalized the area.
  • Discussions on Cryptocurrency Taxation: Taxing domestic crypto transactions will begin, with overseas taxation set for 2027.
  • Support for SMEs and Small Business Owners: Initiatives to address challenges from high-interest rates and currency fluctuations were discussed.

 

Real Estate/Construction

  • DL E&C’s Reconstruction of Bangbae Apartments: Among 707 units, 140 will be sold to the public.
  • Hyundai Construction’s Design Proposal for Hannam District: AI-driven designs aim to maximize views in a redevelopment project.
  • Lotte Construction’s Love House Volunteering: Efforts to improve outdated housing environments in Seocho District.
  • Myeongdong Ranks 9th Globally in Commercial Rent: Seoul’s Myeongdong was ranked 9th among major global commercial districts.
  • Carbon Reduction MOU Signed: DL E&C collaborates with Samcheok City to implement carbon capture technology.

 

International

  • Brazil on the Brink of a Coup: Political turmoil continues following former President Bolsonaro’s indictment.
  • King Charles III’s Coronation Cost Controversy: Criticism mounts over the extravagant expenses of the UK royal coronation.
  • Ongoing Russia-Ukraine Conflict: Debates persist over Russia’s alleged deployment of intercontinental ballistic missiles.
  • Expanded Benefits in Japanese Life Insurance: Policyholders benefit from increased premiums and reduced insurance rates.
  • Changes in Visa Policies Between Korea, China, and Japan: China is set to resume visa-free short-term entry for Japanese visitors.

 

Technology/IT

  • NVIDIA’s Growth Strategy: Integrity and cultural strengths are highlighted as keys to NVIDIA’s rise as a global leader.
  • AI-Based Information Systems: Korea Credit Guarantee Fund introduces the “SME ONE Platform” to drive digital transformation.
  • Advances in Smart Factory Technology: SMEs adopt smart factories to enhance productivity.
  • Green Tech Innovations: Startup ForNatures plans to enter the market with biological carbon capture technology.

 

Gaming

  • ‘Black Myth: Wukong’ Wins Golden Joystick Award: A showcase of China’s strength in the gaming industry.
  • ‘Ragnarok Begins’ Celebrates 1st Anniversary: Special events and rewards are being offered to players.
  • Pokemon Card Game Eyes World Championship Inclusion: Experts predict it will become an official category due to its appeal.
  • NCSoft’s New Dungeon Update Faces Backlash: Despite user complaints, ‘Blade & Soul NEO’ maintains its popularity.
  • Netmarble’s Fate/Grand Order 7th Anniversary Campaign: Special rewards and events are underway.

 

Culture

  • Thornapple’s Year-End Concert Sells Out in 1 Minute: The band’s immense popularity is evident as all tickets are sold immediately.
  • Yuko Higuchi’s First Exhibition in Korea: Renowned for her intricate illustrations, the artist’s work captivates visitors.
  • Urban Legend Musical Gains Popularity: Strong original storytelling boosts ticket sales.
  • Cellist Choi Ha-young to Perform in Lotte Concert Hall: Her first duo concert is scheduled for 2025.
  • Korea-UAE Cultural Exchange: Traditional performances and exhibitions in Abu Dhabi strengthen international ties.

 

Environment

  • ForNatures Unveils Carbon Capture Technology: The startup enters the market with innovative biological solutions.
  • DL E&C Signs Carbon Reduction Agreement: The partnership focuses on utilizing abandoned mines for carbon capture.
  • Electric Vehicle Model Expansion: Manufacturers diversify EV offerings to promote sustainability.
  • Development of Plastic Alternatives: Growth in eco-friendly packaging materials gains momentum.
  • Enhanced Greenhouse Gas Reduction Goals: Government raises national targets for emissions reductions.

 

Health

  • Remote Mental Health Consultations Introduced: Gangwon Province launches telehealth services for mental health care.
  • Anti-Smoking Campaigns Intensify: The government ramps up efforts to lower youth smoking rates.
  • Heart Disease Prevention Campaigns: Local hospitals emphasize cardiovascular health awareness.
  • Increased COVID-19 Vaccination Rates: Winter booster campaigns lead to higher uptake.
  • Expanded Medical Support for Low-Income Families: Subsidized healthcare programs reach more vulnerable populations.

 

Sports

  • NBA Travel Packages in High Demand: Despite premium pricing, tickets sell out quickly.
  • Korea’s Esports Gains International Traction: Global tournaments like SWC highlight the country’s leadership.
  • National Soccer Team Evaluation Matches: Friendly games provide opportunities to refine strategies.
  • Olympics Preparations in Full Swing: Paris Olympics planning is on schedule.
  • K-League Championship Finals: The title will be decided in the season’s climactic match.