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Telecommunications & Media

Cable TV launches local election coverage ahead of June 3 local elections

The Korea Cable TV Broadcasting Association said 8 regional cable TV channels nationwide will begin community-focused election coverage ahead of the June 3 local elections. Operators plan formats including candidate pledges and voter views, short-form content, live links to campaign sites and multi-live broadcast comparisons. Several will air debates and speeches, including free airtime for local assembly candidates. Some will provide rapid vote counts using in-house systems and AI-based studios.

Finance

Shinhan, Hana and Woori expand supply chain finance with Korea Trade Insurance Corp for shipbuilding

Shinhan Bank, Hana Bank and Woori Bank are expanding financing with the Korea Trade Insurance Corp to support the shipbuilding industry’s supply chain. The banks and shipbuilders signed an agreement in Ulsan on May 13. Shinhan and Samsung Heavy Industries will jointly contribute 21.3 billion won, which will back 300 billion won in special guarantees. Hana will pursue 400 billion won in financing with HD Hyundai Heavy Industries, while Woori and Hanwha Ocean will supply 300 billion won in shared-growth financing.

AI & Enterprise

SK AX expands AI talent training beyond capital region

SK AX is recruiting participants until May 13 for the fourth cohort of SKALA, a job-linked practical training programme run as a five-month, full-day offline course. SKALA began in 2024. A total of 194 trainees from the first and second cohorts have completed the programme, and more than 80 percent of them found jobs at major companies including SK Group, SK AX said. The fourth cohort will expand training locations to Gwangju and Ulsan.