- Hyundai Card Capital is to start its service in the US as soon as early next year.

- GNP Rep. Lee Kye-kyung pointed out that the financial authorities do not try hard enough to return W1.5 trillion of money on dormant bank accounts back to account holders. He argues rather than investing that money in micro-loan business it should be returned to people.

- Many professors at the SNU are reported to delay promotion evaluation for fear of being kicked out of the university. According to a document from the university, 67 out of 217 professors subject to the evaluation deferred it to next year.

- Two fund management companies, which manage W40 bn worth of public pension fund, are reported to have spent part of pension fund in entertaining in ‘room-salons,’ and for other unrelated purposes.

- Samsung Electronics will release a press release related to ‘Hwang’s law’ today. The law refers to the remark made by Hwang Chang-gyu, Samsung Semiconductor CEO, that semiconductor integration degree doubles every year.

- A third round of inter-Korean working-level talk is to be held in Panmunjeom on 29 for two days to discuss economic and energy cooperation.

- President Roh will address the public on the reasons why Korea needs to extend the staying of Zaitun in Iraq for another year with reduced military personnel.

- The Seoul City government embarks a campaign to operate sterilization to strayed cats amid their explosive increase. Up until now the government has put those cats to a merciful death.

- English learning craze is widespread in Pyongyang. In the “People’s Learning School” in Manmoon-dong in Pyongyang, which has individual headphones and microphones, young office workers study English very sincerely along with a teacher who speaks English only. Asked why they learn English, one says “how do you ask such a (stupid) question? Nowadays, we can’t leave without knowledge of English. We need to know the language in order to acquire technology.”

- The government finalized its plan to construct and repair roads in North Korea which will cost W72 trillion, including W440bn to repair the highway between Kaesung and Pyongyang.