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Friday, October 30, 2026 · Morning
Economy · 12 sources combinedp. 1 / 9

500 AI Models Available
KT Launches TokenFactory Platform

Photo: 연합뉴스

In short

On October 30, KT launched 'TokenFactory,' a platform where users can access multiple AI models in one place.

Companies automatically select AI tools matching their tasks and manage costs in one integrated system.

Starting with 73 models at launch, the service will expand to over 500 models by mid-November.

Key facts

WhenService for corporate customers began on October 30.
WhoKT unveiled the AI platform 'TokenFactory' on the 27th and launched it on the 30th.
What73 domestic and international AI models available on one platform; users manage usage volume and costs together.
HowAutomatic model router selects the best model and reduces token usage by up to 25%.

What it means for me

Companies can now manage costs and security in one place instead of signing separate contracts for each AI model.

Office workers using AI may see changes in which models and pricing plans their company adopts.

Self-employed people using multiple AI tools can consider discounted usage-based pricing plans as an option.

Economy · 2 sources combinedp. 2 / 9

Spend 500,000 won in Gangneung Pay
Get up to 75,000 won back

D-8 Deadline November 15 · Gangneung Pay 15% cashback offer ends
Photo: 경향신문

In short

Gangneung City is expanding Gangneung Pay local currency benefits.

From November 1-15, the cashback rate increases from 10% to 15%.

Spend 500,000 won and get up to 75,000 won back.

Key facts

WhenIt runs temporarily for two weeks from November 1-15.
WhoGangneung City is expanding Gangneung Pay local currency cashback.
What15% cashback on payments up to 500,000 won monthly limit.
HowAdditional 5% cashback at 67 fair-price businesses; ends early if budget runs out.

What it means for me

Gangneung Pay users receive up to 15% cashback on November 1-15 purchases.

Self-employed owners at fair-price registered businesses can attract more customers through additional cashback.

Economy · 2 sources combinedp. 3 / 9

Seongsu Luel popup gallery
Open until November 2

Deadline Deadline November 2 · Popup gallery closing date
Photo: 연합뉴스

In short

Lotte Engineering & Construction opened a popup gallery introducing the Seongsu District 4 redevelopment project in Seoul.

You can visit it at Luel Castle Gallery in Gwangjin-gu, Seoul until November 2.

Not only union members but also the general public can enter by making a reservation.

Visitor info

LocationLuel Castle Gallery, Gwangjin-gu, Seoul
PeriodOctober 24 to November 2
ReservationSearch 'Luel Castle Gallery' on a portal and make a reservation in advance

Key facts

WhenIt opens on October 24 and operates until November 2.
WhereLuel Castle Gallery in Gwangjin-gu, Seoul, a floating exhibition space along the Han River.
WhoLotte Engineering & Construction operates it for Seongsu District 4 union members and general customers.
WhatIt showcases a district model, specialized design, and virtual experience of 3-meter-wide parking spaces.

What it means for me

Union members and those interested in Seongsu District 4 must make a reservation and visit before November 2.

Economy · 2 sources combinedp. 4 / 9

KINTEX G.FAIR Opens
480 Small Businesses Participate

Deadline Deadline October 31 · G.FAIR Korea Event End Date
Photo: 연합뉴스

In short

The small business exhibition 'G.FAIR Korea' opened at KINTEX in Goyang, Gyeonggi Province.

About 480 companies showcase their products across roughly 600 booths.

Gyeonggi Governor Choo Mi-ae said she hopes consultations will lead to contracts.

Visitor info

LocationKINTEX, Goyang, Gyeonggi Province
DatesOctober 29–31, 2026

Key facts

WhenIt opens on October 29 at KINTEX in Goyang and runs through October 31.
WhoAbout 480 domestic small and medium-sized enterprises participated.
WhatProducts in four categories—beauty, food, living, and technology—are showcased across roughly 600 booths.
HowExport consultation meetings with about 600 overseas buyers and purchasing consultation meetings with about 200 merchandisers will be held.

What it means for me

Small business representatives can gain opportunities to expand sales channels through exhibition consultations.

Small manufacturing operators gain opportunities for export and distribution consultations by participating in G.FAIR.

Finance · Planned · 2 sources combinedp. 5 / 9

Personal investment government bonds
20 billion won issuance planned

D-10 Deadline November 17 · Personal investment government bond application deadline
Photo: 연합뉴스

In short

The Ministry of Finance and Economy will issue 20 billion won in personal investment government bonds in November.

They will be divided into 5 types ranging from 3-year to 20-year maturity bonds.

Applications will be accepted from November 11 to 17.

Key facts

WhenApplication period is November 11-17, business hours 9 AM to 4 PM.
WhoThe Ministry of Finance and Economy announced the November personal investment government bond issuance plan on the 29th.
What5 billion won in 3-year bonds, 2 billion won in 5-year bonds, 14 billion won in 10-year bonds, 3.5 billion won in 20-year bonds, totaling 20 billion won.
HowYou can apply through a dedicated account, retirement pension account sales agency branch visit, or online.

What it means for me

Readers considering government bond investments can refer to the application schedule from November 11-17 and interest rates by type.

Office workers considering idle fund management can check additional interest rates and separate taxation benefits.

Those seeking stable interest income can compare higher maturity holding returns on 10-year and 20-year bonds.

Economy · 2 sources combinedp. 6 / 9

Hyundai Motor ups operating profit
But cuts annual sales target

D-23 Deadline November 30 · Q3 dividend record date
Photo: 한국경제

In short

Hyundai Motor increased third-quarter operating profit but lowered its annual sales target.

Domestic factory strikes and Middle East war fallout reduced sales volume.

Rising exchange rates and expanded hybrid vehicle sales protected profitability.

Key facts

WhenOn October 29, Hyundai Motor announced third-quarter business results.
WhoHyundai Motor downwardly revised its annual sales target and operating profit margin outlook.
WhatAnnual sales target cut from 4.583 million vehicles to 4 million, operating profit margin from 6.3–7.3% to 5.5–6.5%.
HowOperating profit rose 5.5% due to won-dollar exchange rate gains and expanded hybrid vehicle sales.

What it means for me

If considering vehicle purchases or related stock investments, slowing industry demand is worth noting.

Economy · 7 sources combinedp. 7 / 9

Emart pursues ultra-low prices
Wow Shop expands nationwide

Photo: 연합뉴스

In short

Emart has officially launched Wow Shop, a store selling household items at low prices.

It first opened at Seoul Wolgyeong and Eunpyeong locations on October 22, and the Gunsan location opened on October 30.

Most products are priced between 1,000 won and 10,000 won, similar to Daiso's price range.

Visitor info

LocationsStarfield Market Wolgyeong branch (Seoul Nowon-gu), Emart Eunpyeong branch, Gunsan branch
PriceUniform pricing 1,000 won to 10,000 won, 60% of items at 2,000 won or less

Key facts

WhenWolgyeong and Eunpyeong opened October 22, Gunsan added October 30
WhoEmart officially operates Wow Shop, a specialty store for ultra-low-price household items
WhatSells approximately 12,000 items at uniform prices from 1,000 won to 10,000 won
How60% of products priced at 2,000 won or less, plans to expand to 5+ stores by year-end

What it means for me

Consumers now have more options to buy household items affordably at various stores.

Small business owners selling household items may face intensified price competition from large retailers.

Economy · 3 sources combinedp. 8 / 9

ECB holds rates steady
Deposit rate at 2.50% annually

Photo: 연합뉴스

In short

The European Central Bank decided to keep its base rate unchanged on October 29.

The deposit rate remains at 2.50% annually, and the base rate stays at 2.65%.

The bank left open the possibility of further increases due to rising energy prices and inflation.

Key facts

WhenA monetary policy meeting was held in Frankfurt, Germany on October 29 (local time).
WhoThe European Central Bank (ECB) decided to hold all three key policy rates unchanged.
WhatIt maintained the deposit rate at 2.50% annually, the base rate at 2.65%, and the marginal lending rate at 2.90%.
HowThe bank mentioned energy shocks and inflation risks, leaving room for potential future rate increases.

What it means for me

Direct impact on domestic rates is limited for now, but changes in exchange rates and import prices need to be monitored.

Finance · Planned · 3 sources combinedp. 9 / 9

Youth Future Savings Plan Phase 2
688,000 applications received

Photo: 연합뉴스

In short

688,000 people applied for the Youth Future Savings Plan Phase 2.

Combined with Phase 1, total applications reached 2.819 million.

Application review continues until November 13, and accounts can be opened from November 16.

Key facts

When688,000 people applied during Phase 2 from October 7 to 16.
Who558,000 general wage earners, 108,000 small and medium enterprise employees, and 21,000 self-employed business owners applied.
WhatAdding 2.343 million Phase 1 applicants, total applications reached 2.819 million.
HowApplication review continues until November 13, and approved applicants can open accounts from November 16.

What it means for me

Youth who completed Phase 2 applications must check the review results on November 13 and the account opening schedule on November 16.

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