Korea Times AI content 1 team Reporter
Yoon Ja-young is in charge of articles translated by a generative AI system and edited by The Korea Times. She is interested in improving the newspaper through AI.
Procurement experts from around the world gathered in Korea to share global trends and best practices in government procurement, at the International Public Procurement Workshop 2024 held at KINTEX in Ilsan, Gyeonggi Province, from Wednesday to Friday.
"Sports teach us the spirit of fair play, which is about doing one's best without cheating, a sense of community where one prioritizes the team over the individual, respect for all participants including opponents, teammates and coaches and perseverance that makes one continue to challenge with patience despite difficulties," Kyobo Life Insurance CEO and Chairman Shin Chang-jae said at the Homecoming Day for the athletes, held at the Four Seasons Hotel in downtown Seoul, Tuesday. The life insurer has been sponsoring the event for 40 years.
The World Bank has been exploring exemplary global digital ID cases worldwide to help developing countries adopt reliable digital authentication services. Korea is one of the leading examples it looks to.
Shinhan Bank is acquiring a stake in HDFC Credila Financial Services, a student loan company in India. It is the bank’s first advancement into the global market in the form of equity investment, instead of launching branches of corporations.
KB Kookmin Bank CEO Lee Jae-keun, third from left, poses with Autism Society of Korea President Kim Yong-jik, third from right, after the bank donated 100 million won ($74,000) to the society in downtown Seoul, Tuesday. The donation comes as April 2 was designated as Autism Awareness Day by the United Nations. Courtesy of KB Kookmin Bank
National Tax Service (NTS) Commissioner Kim Chang-ki, left, shakes hands with his Japanese counterpart Sumisawa Hitoshi before a bilateral meeting at the NTS office in Seoul, Wednesday. The two exchanged tax policy directions and key issues of the two countries, including digital taxation, while agreeing to bolster cooperation to close international tax loopholes and prevent double taxation on businesses. Courtesy of NTS
Korea Investment Corp. (KIC) opened an office in Mumbai, India, on Tuesday, which is the sovereign wealth fund's first office established in an emerging market. It is the KIC's fifth overseas office, following ones in New York, London, Singapore and San Francisco.
Yang Hyun-keun, front row 10th from left, a member of Woori Bank's standing audit committee, poses with the bank's Zero Supporters at the bank's headquarters in Seoul, Monday. Comprised of young employees with expertise in internal control, the supporters aim to eliminate any internal control loopholes to prevent financial accidents. Courtesy of Woori Bank
Citibank Korea CEO Yoo Myung-soon, left, poses with Microcredit Joyful Union President Lee Sun-woo after signing an agreement to sponsor the Dream Together program at the bank headquarters in downtown Seoul, Monday. The bank donated 238 million won ($180,000) for this year. It has been operating diverse programs jointly with the union to help teenagers and young adults living in shelters stand on their own feet when they become adults. It includes preparation to pursue degrees, job training or internship or assistance in launching their businesses. Yoo said the bank will continue offering practical education and support to young people so they can grow into adults who give back to society. Courtesy of Citibank Korea
KB Kookmin Bank employees and their family members pose after packing gift boxes containing school supplies, vitamin jellies and other items at Youngdeungpo Social Welfare Center in Seoul, Saturday. The gift boxes will be delivered to around 200 kids, including those from underprivileged households and multicultural families. Courtesy of KB Kookmin Bank