Latest news
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KB Bank to offer mobile banking service to Islamic organization in Indonesia
SEOUL, July 12 (AJU PRESS) - KB Bank Syariah (KBBS), the Indonesian subsidiary of Korea's KB Kookmin Bank, has secured an exclusive deal to provide digital financial services to Muhammadiyah, a major Muslim group in Indonesia. KBBS said Thursday it signed an agreement with PT Surya Finansial Utama, the digital business unit of Muhammadiyah. With the agreement, KBBS will support the digital applications used by affiliated organizations and individual members of Muhammadiyah, a
July 12, 2024 -
Korea raises minimum wage above 10,000 won for first time
SEOUL, July 12 (AJU PRESS) - South Korea set next year’s minimum wage at 10,030 won ($7.70) per hour on Friday, marking the first time the rate has exceeded the 10,000 won threshold. The Minimum Wage Commission voted 14-9 to approve the 1.7 percent increase after labor representatives walked out in protest. Management had proposed 10,030 won, while labor sought 10,120 won. The modest hike, the second-lowest since 2021, reflects ongoing economic concerns. Based on a 40-hour
July 12, 2024 -
PHOTOS: NewJeans named promotional ambassadors to promote tourism to Korea
SEOUL, July 11 (AJU PRESS) - K-pop girl group NewJeans will serve as promotional ambassadors for Korean tourism for this year. At an event held at Grand Hyatt Seoul in the capital on Thursday, the quintet received a plaque from the Ministry of Culture, Sports and Tourism to carry on their role in promoting Korean tourism. They will engage in various promotional activities primarily targeting the young demographic, which constitutes about one-third of Korean tourists. As part of such eff
July 11, 2024 -
VISUALS: Virtual artist Suvi makes debut with dance single 'Suncream'
SEOUL, July 11 (AJU PRESS) - Virtual artist Suvi made her debut with a dance single titled "Suncream" on Thursday. The 22-year-old, 170-centimeter (5'7")-tall digital singer is a member of Studio Meta-K's virtual artist group, "Season." "Suvi" means "summer" in Finnish. "Suncream" tells the story of a mermaid emerging from the sea in search of love, only to discover the joys of summer instead. The choreography for the song
July 11, 2024 -
Pinkfong expands 'Bebefinn' franchise with theater, musical debuts
SEOUL, July 11 (AJU PRESS) - The Pinkfong Company, producer of the global children’s animation “Baby Shark,” announced the offline expansion of its “Bebefinn” animation franchise on Thursday. Launched in April 2022, the animated sing-along series depicting the heartwarming adventures of three siblings and their parents, achieved immense success on YouTube and Netflix. Marking the intellectual property's second anniversary, the company is launchin
July 11, 2024 -
Must-try Korean dishes picked to boost tourism
SEOUL, July 11 (AJU PRESS) - About 30 must-try local dishes and specialties were selected to promote the flavor and health benefits of Korean cuisine, the Ministry of Culture, Sports, and Tourism said Thursday. As part of its efforts to attract more tourists in collaboration with the Korea Tourism Organization, the ministry deliberatively chose local staples and seasonal specialties, each with its own origins and related stories. "By introducing diverse culinary opti
July 11, 2024 -
HHI qualified to bid for US naval vessel maintenance projects
SEOUL, July 11 (AJU PRESS) - HD Hyundai Heavy Industries (HHI) has become the first Korean company authorized to bid on the U.S. Navy's ship maintenance, repair, and overhaul (MRO) projects. The world’s largest shipbuilder said Thursday it has recently signed a Master Ship Repair Agreement (MSRA) with the U.S. Navy Supply Systems Command. With the agreement, the Korean firm has secured qualification to participate in MRO project bids for support vessels of the U.S. Militar
July 11, 2024 -
PHOTOS: Trendy hub vs. old shantytown: Jongno transformation highlights Seoul's social inequalities
SEOUL, July 11 (AJU PRESS) - In the heart of Seoul, Jongno 3-ga offers a sobering reminder of Korea's rapid social changes and enduring inequalities. The neighborhood, long known as a gathering place for the elderly, has evolved into a vibrant district that draws visitors of all ages. Trendy shops and bustling pocha (traditional Korean pubs) line the streets, transforming the area into a hotspot for young professionals and tourists alike. However, the district's newfound populari
July 11, 2024 -
NewJeans to promote tourism to Korea
SEOUL, July 11 (AJU PRESS) - K-pop girl band NewJeans will promote Korea overseas, the Korea Tourism Organization said Thursday. The five members of the band were appointed as promotional ambassadors for Korean tourism at an event held at Grand Hyatt Seoul in the capital. At the event which drew a huge crowd eager to catch a glimpse of their favorite stars, the KTO also unveiled a video clip featuring them, aimed at promoting tourism to Korea. It hopes to capitalize on their burg
July 11, 2024 -
SK to host AI, chip talent at annual US forum
SEOUL, July 11 (AJU PRESS) - SK Group of South Korea plans to hold its annual SK Global Forum in San Jose, California, from July 12-14, bringing together talent from the semiconductor and AI sectors to discuss growth strategies and industry trends, SK hynix said Thursday. The chipmaker will jointly host the event, running since 2012, with holding company SK Innovation and telecom carrier SK Telecom. This year's forum expands its invitees to include both professionals and do
July 11, 2024
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PHOTOS: Paris kicks off Olympics with outdoor spectacle despite glitches
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Korea pins hopes on key disciplines as Paris Olympics open with riverfront ceremony amid rail chaos
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PHOTOS: Retro street in central Seoul faces uncertain future
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PHOTOS: Seoul Summer Beach transforms Gwanghwamun into urban water park
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PHOTOS: Incheon Airport gears up for summer travel boom
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From lovebugs to nutrias: Korea grapples with growing threat of alien species
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Dark web drug ring with 4,000 buyers busted
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Defense chiefs of S. Korea, US, Japan to meet in Tokyo next week
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Actor Yu Ah-in booked on allegations of sexually assaulting man in his 30s
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Amid e-commerce settlement dispute, Tmon begins refunds after customers occupy office