Tuesday, October 20, 2026 · Evening

We Being News

Tuesday, October 20, 2026 · Evening · 16 pages

Front page · Finance

Retirement Pension ELS 100th Issue
Launch Commemorative Event

NH Investment & Securities will launch the 100th ELS product exclusively for retirement pensions on the 23rd.

1 pagesRetirement Pension ELS 100th Issue Launch Commemorative EventFinance
2 pagesTelemedicine expansion ahead Patient groups demand safeguardsHealth
3 pagesWoori Bank 369 Special Deposit Up to 3.8% Annual Interest RateFinance
4 pagesKakao Bank launches ELB fund KOSPI 200 linked, 7.4% annual yieldFinance
5 pagesTruck and bus tires Free inspection campaignLiving
6 pagesFire and explosion hazard workplaces Intensive inspections next month 2-13Society
7 pagesKenya cult leader hundreds starved guiltyInternational
8 pagesGyeonggi Province cuts 5 bureaus First reorganization in elected term 9Policies
9 pagesMore support farther from Seoul Local preference index introducedPolicies
10 pagesBangbae Police Station moves to new building First relocation in 35 years beginsSociety
11 pagesGwangsan Love Gift Certificates 9.1 billion won sold out earlyEconomy
12 pagesDongducheon Soyosai Opens Official launch on the 24thLiving
13 pagesMoa Housing Association Established 100 Million Won Support Per DistrictPolicies
14 pagesJapanese stationery pop-up thrives Transaction volume surges tenfoldLiving
15 pagesGyeongbokgung Janggo Storage Opens Make Jang with Master CraftspersonLiving
16 pagesSAP targets 100 growing firms Free ERP and AI supportEconomy

Finance · 2 sources combinedp. 1 / 16

Retirement Pension ELS 100th Issue
Launch Commemorative Event

Deadline Deadline October 22 · NH Retirement Pension ELS 100th Issue Subscription Deadline

In short

NH Investment & Securities will launch the 100th ELS product exclusively for retirement pensions on the 23rd.

Linked to Samsung Electronics and SK Hynix stock prices with a design that reduces principal loss.

Customers who subscribe by November 30th will receive gift certificates or coffee vouchers.

Key facts

When	Recruitment from October 13th to 22nd, launch on the 23rd.
Who	NH Investment & Securities presents it as an exclusive product for retirement pensions (DC and IRP).
What	Samsung Electronics and SK Hynix-based, 3-year maturity, principal return up to 99% ELS 100th issue.
How	Early redemption at 6.00% annually if both stocks remain at 90% or above of reference price every six months.

What it means for me

Retirement pension DC and IRP subscribers can choose principal repayment rates according to their risk preference.

Employees can apply from 100,000 won through DC and IRP accounts and also receive event benefits.

Retirees can reduce loss risk to 1% by choosing the conservative 99% principal return type.

Health · Planned · 2 sources combinedp. 2 / 16

Telemedicine expansion ahead
Patient groups demand safeguards

D-1 Deadline November 9 · Deadline for telemedicine implementation rules comment period

In short

Starting December 24, a new telemedicine system will be implemented.

The government now allows first-time patients to receive telemedicine consultations.

Patient groups point out that expanding first-time consultations and long prescription periods are risky.

Key facts

When	The revised Medical Service Act takes effect on December 24, and the Ministry of Health and Welfare announced the revision to implementation rules on the 19th.
Who	Seven patient groups including the Korean Severe Disease Alliance and medical organizations including the Korean Medical Association are opposing it.
What	The issues are permitting telemedicine for first-time patients and a maximum 30-day prescription period.
How	Patient groups demanded a public-centered telemedicine system and guaranteed participation in discussions.

What it means for me

If you plan to use telemedicine, it is good to check in advance whether you are a first-time patient and the prescription period.

Elderly patients with mobility difficulties should check whether treatment continuity is guaranteed.

Finance · 2 sources combinedp. 3 / 16

Woori Bank 369 Special Deposit
Up to 3.8% Annual Interest Rate

D-22 Deadline November 30 · Woori 369 Fixed Deposit Sales Deadline

In short

Woori Bank has launched a new fixed deposit where customers can choose the deposit period.

If you sign up by choosing between 3, 6, or 9 months, you receive up to 3.8% annual interest.

You can only sign up through a smartphone app, and it is sold only until the end of November.

Key facts

When	Sales run from October 20 through the end of November with a total limit of 2 trillion won.
Who	Woori Bank launched it for customers using the Woori WON Banking app.
What	It is a fixed deposit with a choice of 3, 6, or 9 months offering up to 3.80% annual interest.
How	Minimum deposit is 1 million won per account, and early withdrawal interest rates apply if withdrawn early.

What it means for me

Readers looking to deposit a lump sum for a short time should compare interest rates by deposit period.

Finance · 2 sources combinedp. 4 / 16

Kakao Bank launches ELB fund
KOSPI 200 linked, 7.4% annual yield

Deadline Deadline October 30 · ELB fund subscription deadline

In short

Kakao Bank has launched a principal-guaranteed ELB (Equity-Linked Bond) fund linked to KOSPI 200.

If KOSPI 200 does not fall, you receive 7.4% annual returns.

Subscription is available until the 30th of this month, but there is a risk of principal loss in case of credit risk.

Key facts

When	You can subscribe until the 30th of this month.
Who	Kakao Bank has launched a principal-guaranteed ELB fund.
What	It is a KOSPI 200-linked product that pays 7.4% annual returns if conditions are met.
	The index is checked every three months, and if it is at or above the starting point, principal and returns are paid.

What it means for me

A product worth considering for investors looking to safely manage spare funds.

Living · 2 sources combinedp. 5 / 16

Truck and bus tires
Free inspection campaign

Deadline Deadline October 23 · Last day of free inspection campaign

In short

Kumho Tire will provide free tire inspections at 4 highway rest areas.

Large trucks and buses are eligible, and air pressure and wheel balance checks are also available.

The campaign runs for two days on the 22nd and 23rd, with souvenirs for visitors.

Key facts

When	The campaign runs for two days from October 22 to 23, 2026.
	At 4 highway rest areas: Songsan Grape, Yeoju, Sintanji, and Chilgok.
Who	Kumho Tire experts target large truck and bus drivers.
What	Free inspection of tire appearance and wear condition; air pressure and wheel balance checks available upon request.

What it means for me

Drivers passing through highway rest areas on those dates can have their tire condition checked for free.

Freight transport self-employed operators can use this as an opportunity to check tire safety before driving.

Society · 2 sources combinedp. 6 / 16

Fire and explosion hazard workplaces
Intensive inspections next month 2-13

Deadline Deadline October 30 · Workplace self-inspection deadline

In short

The Ministry of Labor will inspect workplaces with fire and explosion risks from November 2 to 13.

Deaths from fires and explosions in the first half of this year reached 32, doubling compared to last year.

Before the inspection, there will be a self-inspection period for workplaces from October 19 to 30.

Key facts

When	Intensive inspections of fire and explosion hazard workplaces nationwide from November 2 to 13.
Who	The Ministry of Employment and Labor targets manufacturing companies and similar facilities with fire and explosion risks.
What	Inspections include spark and ember prevention, fire watch placement, and gas concentration measurement.
How	Violations result in fines and corrective measures.

What it means for me

If you work at a fire and explosion hazard workplace, your site may be subject to safety inspection.

If you operate a manufacturing facility, you must check for hazards during the self-inspection period.

International · 2 sources combinedp. 7 / 16

Kenya cult leader
hundreds starved guilty

Deadline Deadline November 6 · Sentencing for Makenzie and others

In short

A Kenyan cult leader forced followers to starve to death, killing hundreds.

The court convicted the leader and accomplices more than three years after the incident.

Sentencing is scheduled for the 6th of next month.

Key facts

When	On the 19th (local time), the Mombasa High Court issued a guilty verdict, with sentencing scheduled for the 6th of next month.
Where	Good News International Church in Malindi, a coastal city in eastern Kenya, and the nearby Shakahola forest.
Who	Cult leader Paul Nthenge Makenzie and 28 accomplices were brought to trial.
What	Convicted of starving to death 190 children and 1 adult, totaling 191 people.

What it means for me

Although foreign news, this case again demonstrates the dangers of cult religions.

Policies · Planned · 3 sources combinedp. 8 / 16

Gyeonggi Province cuts 5 bureaus
First reorganization in elected term 9

Deadline Deadline October 26 · Organizational restructuring plan legislative notice comment deadline

In short

Gyeonggi Province will reduce its central organization from 30 bureaus to 25 bureaus.

It will consolidate similar tasks and focus on new areas like artificial intelligence and semiconductors.

Legislative notice begins on the 21st, followed by provincial assembly approval for final confirmation.

Key facts

When	Legislative notice from the 21st through the 26th, then finalized after provincial assembly review.
Who	Gyeonggi Province announced its first organizational restructuring plan for elected term 9 on the 20th.
What	Central organization will be reduced from 30 bureaus with 151 divisions to 25 bureaus with 141 divisions.
How	Will integrate overlapping functions and newly establish or reorganize bureaus like Financial Planning and Transportation Innovation.

What it means for me

Gyeonggi Province residents should check if civil service counter names and responsible departments change.

Policies · Planned · 2 sources combinedp. 9 / 16

More support farther from Seoul
Local preference index introduced

Deadline Deadline November 1 · Deadline for local preference index notice draft comment collection

In short

The government has created a 'Local Preference Index' that provides different levels of support depending on the region.

It divides 229 cities, counties, and districts into 4 zones based on distance from Seoul, regional development level, and population decline status.

Starting next year, this index will be reflected in various policies including fiscal, tax, regulatory, and procurement measures.

Key facts

When	Cabinet meeting approved the revised enforcement decree on the 20th; administrative notice advance notice for 12 days from the 21st
Who	Prepared by the Ministry of Interior and Safety in consultation with the Regional Era Committee and Ministry of Strategy and Finance
What	Introduction of 'Local Preference Index' reflecting distance from Seoul, regional development level, and population decline status
How	Dividing 229 cities, counties, and districts into 4 zones for differential support in fiscal, tax, regulatory, and procurement areas

What it means for me

If your residential area is designated as a population decline zone, you can receive preferential treatment in various government support programs starting next year.

Society · 2 sources combinedp. 10 / 16

Bangbae Police Station moves to new building
First relocation in 35 years begins

Deadline Deadline October 22 · Deadline for assembly report filing at existing temporary office

In short

Bangbae Police Station will use its own building for the first time since opening in 1991.

From October 19 to 25, each department will move on different dates.

The new building was newly constructed at 54 Bangbaecheon-ro, Bangbae-dong, Seocho-gu.

Key facts

When	Sequential relocation by department from October 19 to 25.
Who	Seoul Bangbae Police Station moves to its own new building after 35 years.
What	Relocation to newly built headquarters at 54 Bangbaecheon-ro, Bangbae-dong, Seocho-gu.
How	Departments move on different dates; accessing the department is difficult on moving day.

What it means for me

When visiting Bangbae Station, check the department location in advance according to the moving schedule.

Economy · 2 sources combinedp. 11 / 16

Gwangsan Love Gift Certificates
9.1 billion won sold out early

D-53 Deadline December 31 · 5% cashback benefit expiration date

In short

All 9.1 billion won worth of regional currency issued by Gwangsan-gu, Gwangju has been sold out.

Customers could receive a total 15% benefit from a 10% advance discount plus 5% cashback.

The advance discount has ended, but cashback can still be received until December 31.

Key facts

When	Sales began on October 1 and sold out early on October 18.
Who	Gwangsan-gu, Gwangju issued 9.1 billion won in regional currency.
What	A total 15% benefit was provided: 10% advance discount on purchases and 5% cashback on payments.
How	It is used at local partner merchants via mobile QR code or check card.

What it means for me

Gwangsan-gu residents should check if the 5% cashback benefit remains available.

Self-employed merchants at partner shops in Gwangsan-gu can expect an increase in customers using the gift certificates.

Living · 2 sources combinedp. 12 / 16

Dongducheon Soyosai Opens
Official launch on the 24th

D-53 Deadline December 31 · Photo Exhibition 'Walking Between (사이를 (걷다))' Ends

In short

Dongducheon City, Gyeonggi Province has transformed an abandoned building into a tourist space.

Named 'Soyosai', it officially opens from the 24th.

With a café, foot bath, and exhibition space, it's perfect for resting after hiking.

Key facts

When	Regular operations begin from October 24th.
Who	Dongducheon City created it in collaboration with SBS.
What	Remodeled the long-neglected former livestock products brand Yuktown building.
How	1st floor has bakery café and foot bath; 2nd floor has exhibition and experience space with family lounge.

What it means for me

Visitors to Soyosan can rest or view exhibitions before and after hiking.

Policies · 2 sources combinedp. 13 / 16

Moa Housing Association Established
100 Million Won Support Per District

D-53 Deadline December 31 · Moa Housing Association Public Support Application Deadline

In short

Seoul City provides financial and expert support when creating Moa Housing associations.

District offices select specialized companies to help with complex administrative procedures.

About 20 locations within Moa Towns will be selected this year for support.

Key facts

When	Applications are accepted on a rolling basis from October 21st through year-end.
Who	Seoul City and district offices jointly support Moa Housing association establishment.
What	Up to 100 million won per district is subsidized, and professional management company selection is assisted.
How	District offices select redevelopment project management specialists to assist with consent document collection and bylaw preparation.

What it means for me

Land and property owners within Moa Towns pursuing association establishment should consider submitting an application.

Living · 2 sources combinedp. 14 / 16

Japanese stationery pop-up thrives
Transaction volume surges tenfold

Deadline Deadline October 30 · LOFT encore stationery pop-up closing date

In short

The Seongsu stationery store operated by fashion platform 29CM is attracting significant popularity.

After launching a pop-up in collaboration with Japanese stationery brand LOFT (ロフト), sales increased dramatically.

Expanding experience spaces where customers can try products firsthand is credited as the key to the pop-up's success.

Key facts

When	Transaction volume tallied from September 18 to October 11; encore pop-up runs through October 30
Where	EGO Home Seongsu Branch 2, Seongdong-gu, Seoul
Who	Fashion platform 29CM operated by Musinsa
What	Stationery category transaction volume increased more than tenfold compared to same period previous month

What it means for me

Visitors to Seongsu-dong can directly experience and purchase popular Japanese stationery products.

Living · 2 sources combinedp. 15 / 16

Gyeongbokgung Janggo Storage Opens
Make Jang with Master Craftsperson

Deadline Deadline October 21 · Ticket Link Reservations Begin (2:00 PM)

In short

The janggo (traditional Korean condiment storage building) at Gyeongbokgung Palace will open to the public from the 4th to 8th of next month.

From November 6th to 8th, you can experience making jang (fermented soy sauce and soybean paste) directly with Master Craftsperson Ki Soon-do.

The jang you make will mature in the janggo and can be picked up in March next year.

Key facts

When	Open from the 4th to 8th of next month, jang-making experience runs from the 6th to 8th.
Where	Exhibitions and experience events take place at Gyeongbokgung Palace janggo site in Seoul.
Who	Organized by the National Heritage Service Heritage Palaces Division, National Heritage Promotion Agency, and Master Craftsperson Ki Soon-do.
What	Participate in jang-making experience, and your jang will mature for about four months and be ready to take home in March 2027.

What it means for me

If interested in traditional cultural experiences, it is good to check ticket reservation time and location in advance.

Economy · 2 sources combinedp. 16 / 16

SAP targets 100 growing firms
Free ERP and AI support

Deadline Deadline October 31 · SAP Next 100 First Recruitment Closes

In short

SAP Korea is selecting 100 small and mid-sized companies with high growth potential.

Selected companies will receive 8 months of support for ERP and AI implementation.

Initial diagnosis worth 25 million won is provided free of charge.

Key facts

When	First recruitment closes October 31, second round starts November 1.
Who	SAP Korea runs the program with 5 partners including Hana Bank and Visa Korea.
What	100 small and mid-sized companies receive 8 months of ERP and AI implementation support.
How	Diagnosis and design for 2 months are free; construction costs discounted up to 50% afterward.

What it means for me

Small and mid-sized business owners should consider applying for this digital transformation support.

This targets small and mid-sized companies, not micro-businesses, so it may not apply.

You've read it all

The morning edition comes out tomorrow at 6:30 a.m.

Back to the front page

Get the app and we'll let you know when a new paper is out

Retirement Pension ELS 100th IssueLaunch Commemorative Event

Retirement Pension ELS 100th IssueLaunch Commemorative Event

In short

Key facts

What it means for me

Telemedicine expansion aheadPatient groups demand safeguards

In short

Key facts

What it means for me

Woori Bank 369 Special DepositUp to 3.8% Annual Interest Rate

In short

Key facts

What it means for me

Kakao Bank launches ELB fundKOSPI 200 linked, 7.4% annual yield

In short

Key facts

What it means for me

Truck and bus tiresFree inspection campaign

In short

Key facts

What it means for me

Fire and explosion hazard workplacesIntensive inspections next month 2-13

In short

Key facts

What it means for me

Kenya cult leaderhundreds starved guilty

In short

Key facts

What it means for me

Gyeonggi Province cuts 5 bureausFirst reorganization in elected term 9

In short

Key facts

What it means for me

More support farther from SeoulLocal preference index introduced

In short

Key facts

What it means for me

Bangbae Police Station moves to new buildingFirst relocation in 35 years begins

In short

Key facts

What it means for me

Gwangsan Love Gift Certificates9.1 billion won sold out early

In short

Key facts

What it means for me

Dongducheon Soyosai OpensOfficial launch on the 24th

In short

Key facts

What it means for me

Moa Housing Association Established100 Million Won Support Per District

In short

Key facts

What it means for me

Japanese stationery pop-up thrivesTransaction volume surges tenfold

In short

Key facts

What it means for me

Gyeongbokgung Janggo Storage OpensMake Jang with Master Craftsperson

In short

Key facts

What it means for me

SAP targets 100 growing firmsFree ERP and AI support

In short

Key facts

What it means for me

You've read it all

Retirement Pension ELS 100th Issue
Launch Commemorative Event

Retirement Pension ELS 100th Issue
Launch Commemorative Event

Telemedicine expansion ahead
Patient groups demand safeguards

Woori Bank 369 Special Deposit
Up to 3.8% Annual Interest Rate

Kakao Bank launches ELB fund
KOSPI 200 linked, 7.4% annual yield

Truck and bus tires
Free inspection campaign

Fire and explosion hazard workplaces
Intensive inspections next month 2-13

Kenya cult leader
hundreds starved guilty

Gyeonggi Province cuts 5 bureaus
First reorganization in elected term 9

More support farther from Seoul
Local preference index introduced

Bangbae Police Station moves to new building
First relocation in 35 years begins

Gwangsan Love Gift Certificates
9.1 billion won sold out early

Dongducheon Soyosai Opens
Official launch on the 24th

Moa Housing Association Established
100 Million Won Support Per District

Japanese stationery pop-up thrives
Transaction volume surges tenfold

Gyeongbokgung Janggo Storage Opens
Make Jang with Master Craftsperson

SAP targets 100 growing firms
Free ERP and AI support