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People

KCA delivers 10 million won hometown donation for flood recovery in Geoje, Tongyeong

Korea Communications Agency (KCA) said on Sept. 10 it donated 10 million won in hometown love donations to Geoje and Tongyeong in South Gyeongsang province, which were designated special disaster zones after heavy rain. The donation follows KCA support announced on Aug. 27 for free inspections of vessel maritime communications equipment. Funds were raised through individual employee participation because corporate donations are restricted under the scheme.

Industry

Honam semiconductor, AI data center projects exempted from pre-feasibility review as three mega projects gain pace

South Korea will exempt pre-feasibility reviews for infrastructure projects to build a Honam semiconductor cluster and expand AI data centers. President Lee Jae-myung approved the measures at a cabinet meeting on Aug. 25, along with multiple bills and decrees. The exemptions cover power and water infrastructure for semiconductor industrial complexes and related support projects. Additional plans include support for a southwest semiconductor base, AI data center clusters, AI construction robots and physical AI trials for small manufacturers.

Finance

Webcash to hold AX seminar for public institutions\' finance and funds managers

Webcash will hold a nationwide seminar series to introduce ways to apply artificial intelligence to finance and fund operations at public institutions. The company said it will host the \"Public Finance AX Strategy Seminar\" in Naju, Seoul, Daejeon and Busan from Sept. 1. The programme includes sessions on using OPERIA and AXPort, case studies and guidance on responding to management evaluations, followed by Q&A and one-on-one consultations.