Search results for overseas Koreans
Industry
Overseas Koreans in South Korea to get up to 13 percent off EMS postage
Overseas Koreans living in South Korea and their family members will be eligible from next month for discounts of up to 13 percent on international express mail (EMS) and EMS Premium services. Korea Post will also provide preferential interest rates of up to 0.15 percent on postal deposits and a 30 percent preferential exchange rate for overseas remittances. The measures follow an agreement with the Justice Ministry to support stable settlement. Benefits start on Sept. 1.
AI & Enterprise
Small AI models near large-model performance as Dokpamo second evaluation nears
Small AI models that can be installed on PCs are evolving rapidly, raising attention over whether they can rival large models that run on high-capacity computers. Tech companies are releasing local-run models aimed at cost and privacy needs. The government is set to disclose second-round results for its independent AI foundation model project and narrow four teams to three. The article also lists recent moves by Korean and global companies on AI models, tools, pricing and partnerships.
AI & Enterprise
Samsung SDS AI collaboration tool Brity Works adopted by nine central government ministries
Samsung SDS said on Aug. 13 that nine central government ministries, including the Ministry of Patriots and Veterans Affairs, the Ministry of Trade, Industry and Energy, the Ministry of Employment and Labor, the Financial Services Commission and the Overseas Koreans Agency, will adopt its AI collaboration solution Brity Works. The ministries are set to start the service sequentially by August. Samsung SDS provides Brity Works as the official collaboration tool for the government’s OnAI platform.
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Finance
Hana Bank opens foreign exchange capital transaction center in Seoul\'s Gangnam
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Finance
IBK Industrial Bank of Korea launches digital consular-certified financial power of attorney service
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Finance
Overseas Koreans to digitise financial power of attorney, process directly at banks without international mail
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Finance
KB Kookmin Bank launches KB Prime Companion Homecoming Service for returning overseas Koreans
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Crypto
Upbit adds mobile resident registration ID for user verification
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AI & Enterprise
NIS to focus on disaster recovery and access controls in 2026 cybersecurity review