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Telecommunications & Media

Robot Taekwon V to mark 50th anniversary with commemorative stamps

South Korea will issue commemorative stamps marking the 50th anniversary of Robot Taekwon V. The Ministry of Science and ICT's postal service said it will release 700,000 stamps on July 29. Robot Taekwon V will also be used as the main character for the 2026 Korea Stamp Exhibition, held at Dongdaemun Design Plaza in Seoul from July 29 to Aug. 2. The stamps feature major characters and various depictions of the robot.

Finance

Lee orders financial watchdog to check loan loophole despite curbs on expensive home borrowing

South Korean President Lee Jae-myung (이재명) said restrictions on borrowing to buy expensive homes could be sidestepped if those homes are later used as collateral for business loans. He asked financial authorities to review possible system fixes and questioned the level and effectiveness of a proposed macroprudential levy on loans tied to high-priced homes. Financial Services Commission Chairman Lee Eok-won said authorities have checks to prevent misuse of business loans and would tighten oversight.

Telecommunications & Media

Government, three mobile carriers join to expand AI network investment and strengthen livelihood support

South Korea's government and the country's three mobile carriers will work together to expand next-generation network investment for the AI era and strengthen measures to support people's livelihoods. Vice Prime Minister and Science Minister Bae Kyung-hoon met chiefs of SK Telecom, KT and LG Uplus in Seoul on Wednesday to discuss AI-based network upgrades and steps to stabilise living conditions. The ministry plans regulatory changes and a public-private consultative body from August.