Search results for local government
Finance
Saemaeul Geumgo to support 200 billion won in low-interest loans for small merchants
Saemaeul Geumgo will provide about 200 billion won in low-interest loans to ease financial burdens for small merchants and small firms. It said on Aug. 18 it is promoting a local government cooperation financial support programme with local credit guarantee foundations. Saemaeul Geumgo contributes funds to the guarantee foundations, which provide guarantees that underpin the loans, while local governments support loan interest.
Telecommunications & Media
Science, ICT and interior ministries to push disaster safety network smartwatch development
South Korea will develop a smartwatch dedicated to the disaster safety communications network to reduce the equipment burden on responders and deliver key information quickly, the government said. The Ministry of Science and ICT and the Ministry of the Interior and Safety selected the project as a new task under an emergency response research programme and will solicit research organisations. The smartwatch will link to the network and use AI to analyse and summarise communications and send alerts. It will also monitor vital signs and location.
Industry
San Mateo County in California moves to require permits for commercial use of humanoid robots
San Mateo County in California has begun drafting a local ordinance that would require businesses to obtain permits before deploying humanoid robots for work. The proposal would include requirements such as emergency stop devices and fire-safety measures, and it would track potential job losses. Permit fee revenue could be used to buy firefighting equipment. Supporters cite rising lithium-ion battery fire risks, while others say safeguards cannot predict every failure.
-
Finance
NH NongHyup Bank makes 10 billion won special contribution to support 150 billion won in loans
-
Crypto
China steps up digital yuan expansion, puts steady rollout in next five-year plan
-
Finance
KakaoBank expands interest support for small merchants nationwide, to supply 1.2 trillion won in guaranteed loans
-
AI & Enterprise
Science ministry to expand science institute-affiliated gifted schools to nurture regional talent
-
AI & Enterprise
Clion appoints former KT Cloud executive Kim Joo-sung as CEO to expand AI, cloud business
-
Games & Commerce
SOOP posts Q2 operating profit of 12.6 billion won, to bolster streamer ecosystem, AI and ads
-
AI & Enterprise
PsiQuantum presses ahead with photon-based large-scale quantum computer
-
AI & Enterprise
Pilot \'AI legal secretary\' service for civil servants begins
-
Finance
BNK Financial launches \'BNK project\' to boost Busan-Ulsan-South Gyeongsang economy
-
AI & Enterprise
Korea ministry says K-AI models spread to public, broadcasting and semiconductor sites
-
Finance
Hana Bank to support management solutions for 1,300 small businesses
-
Society
South Korea steps up cross-government response to rising teen suicides with AI monitoring, stronger counseling
-
Telecommunications & Media
AI use spreads ahead of June 3 local elections, from polls to vote count broadcasts
-
AI & Enterprise
Sovereign AI, building a domestic NPU ecosystem and opportunities for regions
-
Crypto
Roswell, the UFO city, holds donated bitcoin for at least 10 years