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Finance

Park Sang-jin says 150 trillion won national growth fund will speed industrial restructuring

Korea Development Bank Chairman Park Sang-jin (박상진) unveiled his management blueprint at his first news conference since taking office, centring on bolstering industrial competitiveness and pushing restructuring. He said finance must help upgrade industry and secure future growth engines as global supply chains are reshaped. Park highlighted a 150 trillion won national growth fund to be operated over five years and a separate 250 trillion won KDB Next Korea programme, while also outlining measures for regional financing and support for petrochemicals restructuring.

AI & Enterprise

Veeam launches Agent Commander for AI risk response and recovery from agent errors

Veeam Software launched Agent Commander to help companies manage AI risks and reverse mistakes by AI agents, it said on Feb. 24 local time. The company said the product was developed using technology from Securiti, a security firm Veeam acquired last year for $1.7 billion. Agent Commander analyses data flows to detect AI risk factors and applies real-time security policies to minimise data exposure.

Telecommunications & Media

Voice phishing incidents, losses fall for fourth straight month

South Korea said voice phishing crimes fell for four consecutive months after a government-wide crackdown launched last year. Incidents declined 25.0 percent to 6,108 and losses dropped 22.4 percent to 350.8 billion won from a year earlier. The government warned scams could spread further across social media and messaging services. It plans tighter cooperation with platforms, enhanced fraud detection systems and expanded international coordination.