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General News

Government to push major relocation of public agencies next year, to move about 350 and merge or abolish 109

South Korea will begin pushing the relocation of administrative and public agencies from the first half of next year and pursue organisational reforms, including reducing 109 public institutions, the government said. Prime Minister Han Sung-sook (한성숙) said relocation plans for about 350 public agencies in the Seoul area would be announced in the fourth quarter under a principle of minimising those that remain, with moves to start from 2027. The government also plans to integrate entities with overlapping functions.

Telecommunications & Media

Voice phishing measures cut cases and losses by about 40 percent

South Korea\'s government said voice phishing cases and losses fell for 10 straight months after it rolled out a comprehensive crackdown plan. Cases from October to July dropped 39.9 percent to 12,554, while losses fell 43.2 percent to 632.4 billion won. Authorities cited emergency blocking of scam numbers within 10 minutes, an AI platform for sharing suspicious information, expanded reporting operations and stronger investigations and international cooperation.

Industry

KB Financial Group to install free sudden-acceleration prevention devices in cars of elderly drivers

KB Financial Group will support the free installation of pedal misapplication prevention devices for 740 elderly drivers, in a project worth about 300 million won. KB Financial said on Aug. 31 it has begun installing the devices under a programme 추진 with the National Police Agency, the Korea Road Traffic Authority and the Citizens’ Coalition for Safety Living. Installations will be carried out at 19 driver’s licence test centres nationwide, along with safe-driving consultations.