President Lee focuses his message on livelihood issues such as illegal private lending and the HMM relocation

Lee Jae-myung strengthens messages on responding to illegal private lending and on livelihood and regional issues From blocking voice phishing to relocating HMM to Busan, check the key developments

On the 3rd, President Lee Jaemyung posted related messages on X, mentioning measures against illegal private lending and pressing livelihood issues one after another. He also shared that an amendment simplifying the reporting procedure for 피해 from illegal lending and strengthening the blocking of illegal phone numbers was recently approved at a Cabinet meeting. The presidential office’s online messages continued over the weekend, focusing on everyday and regional issues such as achievements in arresting voice phishing criminals and HMM’s push to relocate to Busan. In particular, it emphasized that loan contracts exceeding an annual interest rate of 60% are invalid in both principal and interest, highlighting the need to protect victims of illegal private lending. The article said these moves are being interpreted as a trend of placing people’s livelihoods, the economy, and regional pending issues at the forefront one month before the June 3 local elections. HMM’s relocation to Busan was also mentioned as being linked to a presidential campaign pledge, along with expectations for balanced regional development and stronger competitiveness in the shipping industry.