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Telecommunications & Media

KT applies 5G SA network slicing at Seoul World Fireworks Festival

KT applied 5G standalone (SA)-based network slicing at the Seoul World Fireworks Festival 2026 to operate a communications network for safety management. The company ran 25 wireless CCTV units and 10 emergency contact devices and transmitted video in real time to a control centre. KT said the safety network was separated from general user traffic, helping maintain communications even in congestion. KT plans to expand network slicing use.

Finance

Finance union opposes relocation of KDB, IBK, Korea Eximbank and NongHyup; 30,000 in strike

The National Union of Financial Industry Workers launched a general strike opposing plans to relocate Korea Development Bank, Industrial Bank of Korea, Korea Eximbank and NongHyup and other financial institutions outside Seoul. The union said the financial industry depends on concentration of specialised workers and cooperation among institutions, and warned uniform relocation could hurt competitiveness. It held a rally in central Seoul with about 30,000 participants, and said it may escalate action if talks make no progress.

Finance

Financial union opposes relocating financial institutions outside capital, seeks review of first-phase effects

The Financial Industry Union said it opposes the government’s push for a second phase of relocating public institutions outside the capital, rejecting a uniform move of financial bodies. It said the government should first assess the effects of the first relocation phase, including impacts on regional economies, settlement conditions and staff outflows, and then decide based on financial-sector characteristics. It also called for a development model linking local industry, finance, universities and jobs.