Search results for Andong
People & Company News
Shinhan Financial holds volunteer effort to restore wildfire-hit area in Andong
Shinhan Financial Group held a forest-tending volunteer activity in Andong, North Gyeongsang Province, in an area damaged by wildfires. The group said employees volunteered on May 30 at Shinhan SOL Bangul Forest in Yonggak-ri, Iljik-myeon, Andong. The forest is part of a project to restore the wildfire-hit area. Shinhan plans to plant about 20,000 trees there by 2028 in line with the government’s nationwide tree-planting policy.
AI & Enterprise
National Growth Fund bets 800 billion won on FuriosaAI, backs SK Bioscience too
South Korea\'s National Growth Fund will support domestic AI chipmaker FuriosaAI to expand mass production and develop next-generation chips, while also providing funding to Smilegate for an AI data centre project and to SK Bioscience for vaccine development and plant expansion. The Financial Services Commission approved five projects worth 4.14 trillion won, raising the fund\'s cumulative approvals to 12.5 trillion won across 16 projects. Support also includes loans for L&F Plus and funding for switchboard maker Geunu.
Telecommunications & Media
MSIT finalises 2026 overhead cable maintenance plan, to push Clean-Zone pilot
South Korea\'s Ministry of Science and ICT finalised its 2026 overhead cable maintenance plan after holding the 38th coordination meeting, it said on Monday. The plan covers 407 maintenance zones in 63 local governments, including all 25 districts of Seoul, and involves work on 130,910 utility poles. Allocation will reflect the share of public complaints, adding more work to areas with frequent complaints. The ministry will also launch a Clean-Zone pilot to prevent re-cluttering after maintenance.
