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Finance

KB Kookmin Bank to cut special loan principal by up to 90 percent for vulnerable groups

KB Kookmin Bank will introduce a special debt relief programme to ease the debt burden of socially disadvantaged borrowers, including basic livelihood recipients and near-poor households. Starting July 13, the bank will reduce the principal of special claims by up to 90 percent to support credit recovery and a return to economic activity. Eligible groups include people with severe disabilities and others. The bank also simplified screening procedures.

AI & Enterprise

Naver donates $300,000 for Venezuela earthquake relief

Naver said on Thursday it donated $300,000 in relief funds to support Venezuela’s recovery after a recent strong earthquake. The donation will be delivered through its online donation platform Happybean and will be split equally among UNICEF, the UN refugee agency and the World Food Programme. Naver also cited past support for disaster recovery, including donations for flood and wildfire damage in South Korea and for the 2023 Turkey-Syria earthquake.

Games & Commerce

Naver launches Safety weather service page, provides nationwide AI briefings

Naver has launched an always-on integrated page providing natural disaster information and weather alerts, it said on Thursday. The Naver Weather Safety page covers typhoons, heavy rain, heatwaves, heavy snow, cold waves and earthquakes, and automatically adjusts its display as situations develop. It features an AI-powered nationwide briefing summarising current conditions and showing risk in four levels, alongside detailed weather alerts and disaster text messages.