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[2025-12-16]Korea and UK Strengthen AI and Next-Gen Communication Technology Cooperation

Korea and the UK have decided to strengthen cooperation in the core technology fields of AI and next-generation communication.
AI companies and venture capitalists from both countries are participating to lay the foundation for private sector collaboration.
This cooperation is expected to contribute to technological advancement and economic growth for both nations.

[2025-12-16]Mandatory Pre-Report to National Assembly for Government Asset Sales

Future sales of government assets exceeding 30 billion won must be pre-reported to the relevant National Assembly committee.
Sales of shares in public institutions held by the government or public agencies require prior approval from the National Assembly, and discounted sales below appraisal value are generally prohibited.
The Ministry of Economy and Finance has prepared measures to prevent indiscriminate privatization of government assets and to address the lack of transparency in the sales process.

[2025-12-16]Unlimited K-Pass Card for Public Transport Refund Introduced

The Ministry of Land, Infrastructure and Transport announced the expansion of the public transport fare refund support project (K-Pass).
The newly introduced ‘Everyone’s Card’ allows users to receive a full refund for public transport expenses exceeding the monthly refund threshold.
Using the existing K-Pass card for public transport will automatically apply the highest refund benefits.

[2025-12-16]KTX-Eum Train Begins New Service on Donghae Line

The KTX-Eum train will start new operations on the Donghae Line between Gangneung and Busan.
The Ministry of Land, Infrastructure and Transport plans to deploy KTX-Eum on the Jungang and Donghae Lines to enable travel within three hours in the central and east coast regions.
This deployment is expected to significantly boost regional economic activity and attract tourism demand.

[2025-12-16]Financial Authorities to Implement Proactive Market Stabilization Measures

The Financial Services Commission held a meeting to assess the financial market situation and discuss future prospects and risk factors.
Chairman Lee Ok-won emphasized the importance of financial market stability while diagnosing domestic and international financial market conditions.
Participants shared forecasts for next year’s economic growth and financial market outlook, discussing various risk factors.

[2025-12-16]Disclosure of Harmful Tobacco Ingredients and Increase in Smishing Due to Coupang Data Breach

There has been criticism that including tar in the disclosure of harmful tobacco ingredients does not align with the law’s intent.
The Ministry of Health and Welfare and the Ministry of Food and Drug Safety stated that they will disclose all major harmful ingredients based on scientific expertise.
Due to the recent Coupang data breach, smishing messages have significantly increased, and caution is needed to prevent damage.