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Finance

NH NongHyup Financial launches \'NH Financial Hub\' in North Jeolla to support affiliates\' comprehensive finance

NH NongHyup Financial Group launched an \'NH Financial Hub\' in North Jeolla Special Self-Governing Province, bringing together the capabilities of its banking, insurance, securities and asset management affiliates. The group said the hub aligns with the government\'s \'5 poles and 3 special zones\' balanced growth policy and will provide comprehensive financial services for local future strategic industries and companies. It also plans special contributions to regional guarantee funds and will expand cooperation with the National Pension Service and Jeonbuk National University.

AI & Enterprise

MSIT awards ICT internship achievements to boost youth employment links

South Korea\'s Ministry of Science and ICT on Aug. 27 visited an outstanding company in its ICT credit-linked project internship programme and held an awards ceremony at Seoul\'s COEX. The programme supports undergraduates taking internships at domestic and overseas AI and IT firms and receiving academic credit. A total of 3,053 people participated through last year. Graduates\' average employment rate in 2022-2025 was 89.3 percent.

AI & Enterprise

Ruling party, government push AI and three mega-project investment, set up special semiconductor fund

South Korea\'s government and the Democratic Party held budget talks for the 2027 spending plan and selected five priority investment areas, including AI and three mega projects. They plan to create a special semiconductor account to support related programmes and expand support for frontier-level AI computing infrastructure, including supplying 10,000 GPUs. Investment will also increase in space and bio, youth support and regional growth measures. They also plan a future-response fund tied to higher tax revenue.