| Mobile Web

Search results for Postal Service

Fintech

Korea Post to launch local love cards in Muju and Chilgok to boost seniors\' financial access

The Ministry of Science and ICT\'s Postal Service will introduce local love cards in Muju, North Jeolla Province, and Chilgok, North Gyeongsang Province. It will launch the Post Office Muju Love Card on Sept. 10 and the Post Office Chilgok Love Card on Sept. 21. Residents can visit a nearby post office counter for guidance on card issuance and voucher top-ups, helping older people less familiar with mobile apps.

Games & Commerce

Korea Post parcels accepted at CU convenience stores with pickup and delivery by postal carriers

Customers in South Korea will be able to send Korea Post parcels from nearby CU convenience stores, under a new service starting Sept. 10. The Ministry of Science and ICT’s Postal Service signed an agreement with BGF Retail on Sept. 9 to launch the service. Postal carriers will visit participating CU stores to collect accepted items and deliver them after postal acceptance procedures. The partners also run an app-based home pickup service and provide carrier rest areas at 174 CU directly operated stores.

AI & Enterprise

MSIT sets 2027 budget at 29.6 trillion won, with 9.4 trillion won for AI

South Korea’s Ministry of Science and ICT proposed a 2027 budget of 29.6 trillion won, up 24.5 percent from this year’s supplementary budget. AI spending would rise 84.3 percent to 9.4 trillion won, while R&D funding would increase 18.5 percent to 14.1 trillion won. The ministry plans investments in semiconductors, physical AI and AI data centres, expansion of GPU capacity for independent AI models, AI services and inclusion programmes, and funding for advanced technologies including quantum, biotech and space.