South Korea has broken ground on its national AI computing center in Solarsido, Haenam, and begun full-scale construction, the Ministry of Science and ICT said on Sunday. The project will be built as a public-private joint venture combining public investment with private capital and data center operating capabilities. A Samsung SDS-led consortium was selected as the final operator and established a joint venture, KOACC. Some computing resources will be deployed next year ahead of completion in 2028.

Korea Post has begun a pilot bank agency service to improve access to financial services in underserved areas. Korea Post chief Park In-hwan (박인환) visited the Cheongyang Post Office in South Chungcheong Province to inspect operations. The service allows residents in county-level areas without commercial bank branches to consult on and apply for bank loan products at head post offices. The pilot covers 20 post offices nationwide and offers consultations for eight products from four major banks.