AJU PRESS - ASIA NEWS HUB

Journalist

Kim Dong Young davekim0807@ajupress.com

[[K-Tech]] Shining light on brain cuts urge to drink, Korean researchers report SEOUL, August 27 (AJP) - South Korean researchers say they have found that shining near-infrared light on the brain can significantly ease alcohol cravings and dependency, opening a potential new path for addiction treatment. The Ulsan National Institute of Science and Technology (UNIST) said Wednesday that, in a clinical study, patients who received the therapy showed measurable reductions in both their urge to drink and overall dependency levels. The research, conducted jointly with Yonsei University’s Severance Hospital, Samsung Medical Center and Seoul National University, tested a technique delivering light stimulation directly to brain tissue. Over a five-week period, participants were divided into three groups: one receiving brain light therapy, another undergoing vagus nerve electrical stimulation, and a third receiving both treatments. Patients self-administered the sessions for 15 minutes a day, five times a week. Those in the light therapy groups experienced what the researchers described as “meaningful” improvements, while participants receiving only vagus nerve stimulation showed no significant change. “We have proven for the first time that this method can simultaneously reduce both alcohol cravings and dependency,” said Chung Dong-il, a professor of biomedical engineering at UNIST. The findings come as the global market for alcohol addiction treatments, projected to reach $15 billion in 2025 and grow about 7 percent annually, searches for more effective solutions. The team said it plans to develop personalized digital therapeutic devices based on the technology. 2025-08-27 10:03:55
South Korea to introduce fast-track immigration lanes for foreign executives SEOUL, August 26 (AJP) - South Korea will open expedited immigration lanes for foreign business executives at Incheon International Airport starting Aug. 31, in a pilot program aimed at strengthening the country’s appeal as a regional business hub. The lanes, which will operate through December, are intended to shorten wait times for foreign travelers using staffed immigration counters, the Ministry of Land, Infrastructure and Transport said Tuesday. On average, foreigners spend 24 to 35 minutes clearing immigration at the Incheon airport, more than 10 times longer than the two minutes it typically takes South Korean nationals using automated gates. Under the program, six major business organizations — including the Federation of Korean Industries and the American Chamber of Commerce in Korea — will nominate executives eligible to use the new lanes. The initiative follows a June meeting between President Lee Jae Myung and business leaders who called for faster entry procedures. Incheon, South Korea’s main gateway, was ranked first globally for short immigration processing times in the first two quarters of 2025 by Airports Council International. But rising passenger numbers have eroded its competitiveness against regional rivals, notably Singapore’s Changi Airport, where wait times for foreign travelers are often under 10 minutes. The government said it will review the trial program before deciding whether to expand it to other international airports, including Gimpo and Gimhae. Officials are also weighing broader reforms, such as allowing general foreign visitors to use automated immigration gates now reserved for South Korean citizens and registered foreign residents. 2025-08-26 15:53:30
South Korean consumer confidence reaches 8-year high SEOUL, August 26 (AJP) - South Korean consumer confidence rose in August to its highest level in nearly eight years, buoyed by stronger household spending and robust exports, according to central bank data released Tuesday. The Bank of Korea’s Composite Consumer Sentiment Index edged up to 111.4 in August from 110.8 the previous month, the fifth straight monthly gain. The reading was the highest since January 2018, when the index stood at 111.6. A score above 100 signals optimism compared with the long-term average between 2003 and 2024. The rebound follows a steep 12.5-point drop last December, when the economy briefly froze during the political turmoil surrounding the martial law crisis. Since April, sentiment has steadily improved as financial conditions stabilized. Assessments of current economic conditions climbed seven points to 93, while views on present living standards rose two points to 96. But expectations for the broader economy declined six points to 100, suggesting lingering uncertainty. Housing market sentiment also ticked higher, with price expectations rebounding to 111 after a sharp decline in July, when government debt-control measures unsettled the market. Additional data underscored signs of a spending revival. Korea Credit Data, a financial services firm, reported that small business card sales rose 6.4 percent year-on-year in the four weeks after the government distributed consumer vouchers. 2025-08-26 15:08:11
Lee, Trump will strengthen shipbuilding cooperation under 'MASGA' initiative SEOUL, August 26 (AJP) - South Korea’s President Lee Jae Myung and U.S. President Donald Trump and on Monday (local time) pledged to expand cooperation in shipbuilding, with Trump endorsing a sweeping South Korean proposal aimed at reviving America’s long-declining industry. At their first summit meeting at the White House, Trump voiced support for what Seoul has branded the “Make American Shipbuilding Great Again” initiative, or MASGA — a $150 billion plan advanced by South Korea during trade negotiations in July. The proposal calls for direct U.S. purchases of Korean-built vessels and expanded South Korean investment to rebuild America’s shipyard capacity. “We’re going to be buying ships from South Korea. We’re also going to have them make ships here with our people, using our people, and we’re going to go back into the shipbuilding business again,” Trump said. “We love their ships.” While calling the project promising, Trump cautioned that results would take time. “Shipbuilding is a tough one to start,” he said. “You know, it takes a while.” The plan underscores how far the U.S. has fallen behind in an industry it once dominated. Economists point to the Merchant Marine Act of 1920, better known as the Jones Act, as a key factor in the sector’s decline, entrenching monopolies and driving up costs. China, by contrast, has rapidly expanded its capacity, surpassing the United States in fleet size last year with 234 vessels to America’s 219, according to defense data. Some Republican lawmakers have pushed to roll back parts of the Jones Act, and analysts say Trump could seek executive measures to ease restrictions. But the scope of potential changes remains unclear. On the sidelines of the summit, South Korea’s HD Hyundai moved quickly to position itself as the project’s anchor partner, signing a memorandum of understanding on U.S. maritime investment. The company said it would help strengthen American shipbuilding, marine logistics and advanced maritime technology as part of the MASGA initiative. 2025-08-26 10:10:46
LocknLock sets up subsidiary in India SEOUL, August 25 (AJP) - LocknLock, the South Korean lifestyle products maker best known for its food storage containers and tumblers, said Monday it has established a subsidiary in India, part of its broader effort to deepen its reach in emerging markets. The Mumbai-based unit will focus on developing products tailored to Indian consumers, including a localized version of the company’s Metro tumbler line, which is marketed on its use of safe materials and minimalist design. LocknLock presented its product lineup at the HGH India trade show in Mumbai last month, the country’s largest home and lifestyle business-to-business exhibition. “India represents tremendous growth potential, driven by its large and youthful consumer base,” said Jeoung Jae-won, head of LocknLock India. Jeong added that the company would pair product innovation with expanded distribution through both online and offline channels to establish itself as a premium lifestyle brand in the market. Founded in 1978, LocknLock operates subsidiaries in seven countries, including China, Vietnam and the United States. The company said it intends to strengthen its presence in Europe and Latin America while broadening its product lineup in key existing markets. 2025-08-25 15:53:04
Hyundai Motor's Ioniq 9 defies slump in global EV sales SEOUL, August 25 (AJP) - Hyundai Motor’s latest electric sport utility vehicle, the Ioniq 9, has sold nearly 15,000 units worldwide in the six months since its debut, the company said Monday. The large SUV, a centerpiece of Hyundai Motor Group’s collaboration with battery maker SK On, recorded 14,391 sales across domestic and international markets through July, the company said. The vehicle was first released in South Korea in February. The performance stands out against the backdrop of what analysts have dubbed the “EV chasm,” a slowdown in consumer appetite that has forced many automakers to scale back production and delay investment plans. Hyundai sold 4,789 units in South Korea, 4,745 overseas, and 4,857 through its new Metaplant America factory in Georgia. Exports began in April, and by July, sales abroad had already surpassed domestic deliveries. The model has proved especially popular in the United States, where 2,086 vehicles were sold in just three months despite a broader downturn in EV sales. Hyundai splits production between its plant in Asan, south of Seoul, which builds export models, and its $7.6 billion Georgia complex, which supplies the American market. The localized output allows SK On, Hyundai’s battery partner, to take advantage of federal tax credits tied to the Trump administration’s clean energy laws. SK On operates two battery plants in Georgia and is building a third, a 35-gigawatt-hour joint venture facility with Hyundai. Analysts see the partnership as strategically significant: Hyundai gains a secure supply of batteries, while SK On deepens its foothold in the critical North American market. 2025-08-25 15:19:55
[[K-Tech]] LG CNS unveils enterprise AI platform, aiming to redefine workplace SEOUL, August 25 (AJP) - LG CNS on Monday introduced what it described as South Korea’s first full-scale platform for “agentic AI,” a new class of artificial intelligence designed to make decisions and carry out tasks without human oversight. At a press conference at LG Science Park in Seoul, the IT services arm of LG Group announced two flagship offerings: AgenticWorks, a modular platform for building enterprise-grade agentic AI services, and a:xink, a workplace productivity tool that integrates seven core business functions. Agentic AI, a term that industry experts increasingly use to describe autonomous assistants, goes beyond conventional chatbots or recommendation systems. The technology is intended to independently analyze information, take action across corporate systems and, in some cases, collaborate with other AI agents. LG CNS said AgenticWorks consists of six modules that allow businesses to design, deploy and manage agentic AI services across their entire life cycle. Its architecture lets companies adopt only the components they need, potentially lowering barriers to entry for non-technical staff. In practical terms, the company said, the system could track project budgets, flag risks, analyze competitor financial statements and generate business reports — all without human prompting. “This opens the door for employees outside IT departments to design their own AI workflows,” the company said in a statement. The a:xink service is an early demonstration of the platform’s potential. Using natural language commands, an employee might ask the system to draft a business trip approval based on meeting minutes and insert the request into a weekly report. Behind the scenes, the AI coordinates with document management and approval agents to execute the task. LG CNS said the service has already been deployed at LG Display, where it boosted daily productivity by about 10 percent and generated annual cost savings of more than 10 billion won, or roughly $7.4 million. The company expects productivity gains to surpass 30 percent within three years. “Agentic AI will fundamentally transform the competitive landscape by actively analyzing and coordinating entire work processes while supporting decision-making,” said Hyun Shin-gyoon, chief executive of LG CNS. “This allows employees to focus on creative tasks.” 2025-08-25 14:13:22
Argentine poultry imports banned after bird flu outbreak SEOUL, August 22 (AJP) - South Korea has suspended imports of poultry and related products from Argentina after the South American nation confirmed an outbreak of highly pathogenic avian influenza at a commercial farm. The Ministry of Agriculture, Food and Rural Affairs said Friday the ban took effect on Aug. 17, the day Argentina reported the case. Shipments that departed Argentina after Aug. 3 will undergo heightened screening. The ministry emphasized that the move is unlikely to disrupt the country’s poultry supply. Argentine imports accounted for only 0.2 percent of South Korea’s poultry consumption in 2024, according to government data. The outbreak, involving the H5 strain of the virus, was detected in dead egg-laying hens at a farm in Buenos Aires Province, according to Argentina’s national food safety agency. It is the country’s first case since South Korea reopened its market to Argentine poultry in December. The suspension comes as South Korea prepares to resume imports of frozen chicken from Brazil, whose poultry exports were barred after a bird flu outbreak earlier this year. No Argentine shipments are currently awaiting clearance at South Korean ports, the ministry said, noting that enhanced testing will apply to any cargo that falls within the affected period. “Preventing the domestic introduction of livestock diseases such as HPAI requires citizens to refrain from visiting livestock facilities during overseas travel and avoid bringing animal products into the country,” Jeong Hye-ryun, the ministry’s director-general for international cooperation, said in a statement. 2025-08-22 10:44:41
South Korea targets foreign speculators with ban on housing purchases SEOUL, August 21 (AJP) - South Korea will ban nonresident foreigners from purchasing homes in Seoul and other major metropolitan areas, the Ministry of Land, Infrastructure and Transport announced Thursday. Beginning Aug. 26, foreign individuals, corporations and governments must obtain prior approval before acquiring residential property in designated areas. Buyers granted approval will be required to move in within four months and maintain residency for at least two years. The restrictions will apply across all of Seoul, seven districts in Incheon and 23 municipalities in Gyeonggi Province, which together make up the greater Seoul metropolitan area. The measure will remain in effect through Aug. 25, 2026, though officials left open the possibility of extending it depending on housing market conditions. The restrictions were prompted by concerns that overseas buyers were fueling price pressures while taking advantage of looser financing opportunities. Domestic buyers have long faced strict mortgage regulations, while foreigners have been able to tap banks in their home countries for substantial loans — a disparity critics described as a form of “reverse discrimination.” All types of residential housing are covered by the ban, including apartments, single-family homes and multi-unit dwellings larger than six square meters. Commercial and office properties will remain exempt. Violators will be ordered to comply within three months or face fines of up to 10 percent of the property’s purchase price, with penalties applied repeatedly until compliance is achieved, the ministry said. While Gyeonggi Province introduced limited curbs on foreign purchases in select areas in 2020, this is the first time the central government has enacted such broad restrictions across the entire capital region. “This measure is designed to prevent speculation through overseas capital inflows, fundamentally blocking market-disrupting activities by foreigners and stabilizing housing prices to contribute to the housing welfare of our people,” Vice Minister Lee Sang-kyeong said. 2025-08-21 17:38:35
Consumer complaints surge against South Korean fashion platforms SEOUL, August 21 (AJP) - Consumer complaints against South Korea’s fast-growing online fashion platforms have soared more than 30 percent in the past year, the Korea Consumer Agency said Thursday. The agency said it had logged 1,650 complaints from 2022 through June this year against four of the country’s largest platforms — W Concept Korea, Musinsa, Ably Corporation and Kakao Style. The annual caseload nearly doubled in two years, jumping from 278 in 2022 to 443 in 2023 and then surging again to 592 last year. Complaints reached 337 in the first half of 2025 alone, up 30.6 percent from the same period a year earlier. Roughly four out of five disputes were filed by shoppers in their 20s and 30s, the core users of these apps. Women accounted for 83 percent of total complaints, compared with 17 percent from men. The most frequent disputes involved contract withdrawals — cases in which buyers sought to cancel purchases and obtain refunds — which made up nearly half of all complaints. Quality concerns, including defective or damaged products, accounted for 569 cases, while contract violations such as misleading terms numbered 127. 2025-08-21 16:48:32