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  Drugmakers in South Korea Expand Into Senior Care, Eye Long-Term Growth but Face Profit Hurdles Pharmaceutical and biotech companies are accelerating expansion into senior health care, positioning it as a new growth engine as South Korea enters a super-aged society. With medical and caregiving demand expected to rise structurally, companies are moving into the “silver market,” where they can apply core capabilities while seeking long-term revenue with relatively lighter regulatory burdens. According to the Korea Insurance Research Institute on the 2nd, the number of older people ne March 3, 2026
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  Korean Drugmakers Expand Into Senior Care as Super-Aged Society Grows South Korea’s shift into a super-aged society is pushing “senior health care” — spanning medical services, caregiving, housing and nutrition — to the center of a fast-changing industry. Domestic pharmaceutical and biotech companies are moving beyond drug development, expanding into housing and artificial intelligence-based digital care as they seek new growth in an aging era. According to the National Data Portal on March 2, people 65 and older accounted for 20.3% of the March 3, 2026
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  Six Korean Business Groups Urge Parliament to Pass U.S. Investment Special Act Six major South Korean business groups on Tuesday urged the National Assembly to swiftly pass a special law aimed at supporting investment in the United States. In an emergency appeal issued Tuesday, the Korea Enterprises Federation, the Korea Employers Federation, the Korea Chamber of Commerce and Industry, the Korea International Trade Association, the Korea Federation of SMEs and the Korea Association of Medium-Sized Enterprises said uncertainty in the trade environment has intensifie March 3, 2026
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  Director Ryoo Seung-wan Says ‘Humint’ Marks a Turning Point in His Filmmaking 'Veteran' and 'Smugglers' helped director Ryoo Seung-wan prove he could deliver both mass appeal and genre thrills. With his new film, 'Humint,' he returns with a quieter approach, trading punchy energy for a closer look at emotions and fractured relationships set against Vladivostok. Working within action-movie conventions, he pares back technique to move closer to his characters’ inner lives. The film opened Feb. 11 and has drawn a cumulative 1.82 million viewers, according to the Kore March 3, 2026
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  HMM Ship Waits at Dubai Port as Hormuz Strait Closure Risk Rises HMM is reviewing measures to protect the safety of its local staff and crew as the risk grows that the Strait of Hormuz could be blocked following U.S. strikes on Iran. According to the shipping industry on Monday, HMM’s Daon is anchored and waiting at Jebel Ali Port, the main gateway port for Dubai in the United Arab Emirates. Jebel Ali is the UAE’s key logistics hub and the Middle East’s largest port, serving as a major stop for container ships linking the Middle East with Africa and E March 2, 2026
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  South Korean Refiners, Shippers and Petrochemical Firms Brace for Hormuz Risk After U.S. Strikes on Iran The possibility that the Strait of Hormuz could be blocked after U.S. airstrikes on Iran has put South Korea’s refining, shipping and petrochemical industries on alert as they monitor developments.  Industry officials said Monday that rising geopolitical risks around the Strait of Hormuz — a key global energy corridor — and the Red Sea, a major logistics route, are adding uncertainty across the economy. The Strait of Hormuz carries about 20% of globally traded oil, 70% of South Korea’s im March 2, 2026
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  Kang Chan-hee Joins Comedy Film 'Method Acting,' Set for March Release Actor Kang Chan-hee has joined the film ‘Method Acting,’ which is set to open in March. The comedy centers on Lee Dong-hwi, a performer known for being funny who no longer wants to do comedy. Seeking recognition for sincere acting, he becomes overly immersed in a role, setting off a chain of events. Kang plays Jung Tae-min, a top star who sweeps three awards at a year-end ceremony. Jung publicly asks Lee — a senior actor he worked with as a rookie — to co-star i March 2, 2026
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  Park Jeong-min on playing a North Korean security officer in 'Humint': 'I’m glad it didn’t feel awkward' Actor Park Jeong-min has transformed again. After swinging between cowardice and cruelty as “Jang Dori” in “Smugglers,” he returns in the new film “Humint” as Park Geon, a cold North Korean Ministry of State Security unit leader. “After reading the script, I thought the story could be overturned depending on Park Geon’s emotional state,” Park said. “I suddenly wondered, ‘Why did director Ryoo Seung-wan give me such a great role?’” “Humint” is set in Vladivostok, where secrets and truth March 2, 2026
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  Kim Do-young’s tying homer lifts South Korea to 3-3 WBC tune-up draw vs Hanshin South Korea’s national baseball team, preparing for the 2026 World Baseball Classic, played Japan’s Hanshin Tigers to a 3-3 tie in an exhibition game. The team managed by Ryu Ji-hyun drew with Hanshin on March 2 at Kyocera Dome Osaka in Osaka, Japan, in an official WBC tune-up. Ryu’s squad entered its first official exhibition after going 4-1 in five games in Okinawa against KBO clubs including the Samsung Lions, Hanwha Eagles and KIA Tigers. Starter Kwak Bin (Doosan Bears) struggled, al March 2, 2026
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  Shinhan Bank Launches Supply Chain Payments Platform to Digitize B2B Transactions Shinhan Bank said Monday it has launched a “supply chain payments and settlement platform” to improve transparency in transactions between small and midsize companies. The platform is designed to replace the common practice of handwritten ledgers in business-to-business deals with a digital process, reducing risks tied to delayed payments. Shinhan Bank said it developed the service based on its experience in banking-as-a-service, or BaaS. A key feature is that the bank directly manages t March 2, 2026