Russian airliner to launch direct flights to Pyongyang SEOUL, July 15 (AJP) - A direct flight linking Pyongyang and Moscow will be launched later this month, Russia's Transport Ministry said Monday. According to the ministry, Russian carrier Nordwind Airlines will offer the first-ever direct passenger flights to Pyongyang twice a week starting in late July, connecting the two countries' capitals. The non-stop route, which takes about eight hours, was approved last week by Russia's aviation authorities following a request from Nordwind in June. The new flight comes as part of broader efforts to foster cooperation and exchanges amid closer ties between the two countries. Until now, the only available air route has been a flight connecting Pyongyang to Vladivostok three times a week, which resumed last August after a halt during the coronavirus pandemic. During a visit to North Korea's tourist zone of Wonsan in the eastern coastal area of Kangwon Province last week, Russian Foreign Minister Sergei Lavrov also revealed plans to restore maritime routes, which would boost trade and tourism between the two countries. 2025-07-15 16:32:10

Saltlux launches AI center to guide corporate adoption SEOUL, July 15 (AJP) - South Korean artificial intelligence firm Saltlux on Tuesday announced the launch of its AI Work Innovation Center aimed at helping businesses integrate generative AI and AI agents into their operations from concept to deployment. The center is intended to support companies grappling with the challenges of AI adoption by offering a structured, end-to-end consulting and implementation service. Its offerings span strategy development, technology assessment, prototype development, and full-scale integration. While AI agents are increasingly seen as essential tools for boosting productivity and maintaining competitiveness, many companies remain hesitant, citing uncertainties around implementation, compatibility with legacy systems, security risks, and cost control. Saltlux said its approach is designed to address those hurdles through tailored, sector-specific solutions. The process begins with an intensive two-week strategy workshop to assess client goals and operational conditions. From there, the company develops AI agent prototypes and user interface designs, aiming to deliver technology that fits into existing workflows and scales effectively from pilot to production. “AI is no longer a choice, but a strategic necessity that every company must prepare for,” said Lee Kyung-il, chief executive of Saltlux. “We will continue to actively support Korean companies in their AI transformation by leveraging our technical expertise and experience, and help all organizations harness AI as a tool for innovation.” 2025-07-15 16:16:29

Korea's budget airlines see passenger decline despite peak travel season SEOUL, July 15 (AJP) - South Korea’s low-cost carriers reported disappointing results for the second quarter of 2025, as passenger numbers dipped below last year’s levels despite the start of the summer travel season. Total traffic on budget airlines fell 2.8 percent year-on-year to 17.46 million domestic and international passengers, according to data released by the Ministry of Land, Infrastructure and Transport. The decline comes amid ongoing fare suppression, persistent safety concerns, and softer-than-expected demand — fueled in part by viral but unfounded rumors of seismic activity in Japan, a key destination. The subdued figures are in sharp contrast to those of South Korea’s full-service airlines. Korean Air and Asiana Airlines posted a combined 3.2 percent increase in passenger numbers over the same period, suggesting that travelers may be opting for legacy carriers amid concerns over service and safety at budget airlines. The gap was even wider when viewed over the first half of the year. While Korea’s two flagship carriers saw passenger growth of 3.8 percent, the collective total for low-cost carriers declined by 5.4 percent. Jeju Air is expected to report a second-quarter operating loss of 39.9 billion won, widening from a 32.6 billion won shortfall in the first quarter, according to estimates from market tracker FnGuide. Jin Air, which had posted an operating profit of 58.3 billion won earlier in the year, is now forecast to swing to a 5.1 billion won loss. T’way Air is projected to remain in negative territory, with an estimated 41.5 billion won operating loss. Analysts point to the aftermath of a runway overrun at Muan International Airport late last year as a key factor behind the financial strain. In the wake of the incident, low-cost carriers slashed ticket prices to rebuild demand — but those fare cuts have since become entrenched, making it difficult to restore profitability even during the typically robust summer period. “In the process of recovering from the Muan Airport incident, low-cost carriers significantly lowered their fares, and those price cuts have since become entrenched — preventing them from regaining profitability even during the peak season,” said Choi Go-un, an analyst at Korea Investment & Securities. Currency fluctuations are adding to the strain. Budget airlines remain heavily exposed to a strong U.S. dollar, which affects core costs such as aircraft leases, fuel, maintenance, and insurance — all typically paid in dollars. “For some carriers, the underlying demand base is starting to weaken,” Choi added, warning that the mounting financial pressure could prompt some airlines to pursue capital raises through rights offerings in the second half of the year. 2025-07-15 15:27:24

Biopharmaceuticals account for growing share of new drug launches SEOUL, July 15 (AJP) - Biopharmaceuticals made up 42 percent of new drug launches worldwide between 2020 and 2024, reflecting their growing influence in the pharmaceutical landscape, according to new data released Tuesday by market research firm IQVIA. The share of biological medicines among newly approved active substances has steadily increased over the past two decades — from 28 percent between 2005 and 2009, to 30 percent in the following five years, and to 39 percent between 2015 and 2019. The latest figures confirm a continued upward trend. New active substances, or NASs, are defined as compounds with previously unapproved chemical structures or mechanisms of action. They often represent significant innovations in drug development, forming the basis of pharmaceutical pipelines across the globe. Regional disparities in biopharmaceutical adoption remain notable. In the 2020–2024 period, biologics accounted for 33 percent of NAS launches in China, compared to 44 percent in the United States, and 45 percent in both Japan and a group of four major European Union countries plus the United Kingdom. IQVIA attributed these variations in part to differences in regulatory environments and market accessibility, emphasizing that a country’s level of access to biopharmaceuticals directly influences its overall healthcare spending. While China’s adoption rate still trails that of more developed markets, the gap has narrowed in recent years, the firm said. The five-year period also saw a notable acceleration in overall drug development, with 394 NASs launched globally — representing nearly 40 percent of all new active substances introduced since 2005. The United States led with 273 NASs during the period, a 22 percent increase from 2015 to 2019, further solidifying its position as a hub for biopharmaceutical innovation. 2025-07-15 15:19:45

Busan poised to host UNESCO's annual gathering next year SEOUL, July 15 (AJP) - South Korea is expected to host the upcoming session of UNESCO's World Heritage Committee in the southern port city of Busan in July next year. The decision is set to be made at the committee's latest session, currently underway in Paris this week, with South Korea as the sole candidate. With no other countries in the bid, the country appears almost certain to host the event. Once Busan is selected as the venue for the international gathering, which brings together over 3,000 participants from nearly 200 countries, it would be the first time the event takes place in the country since the committee's inaugural meeting in Paris in 1977, followed by other Asian cities such as Phuket, Thailand in 1994, Kyoto, Japan in 1998, Suzhou, China in 2004, and Phnom Penh and Siem Reap-Angkor in Cambodia in 2013. The committee is composed of 21 of the international body's 190 member nations, which vote on the selection and preservation of World Heritage sites and assets recognized for their natural and cultural significance, as they are deemed "so exceptional as to transcend national boundaries and to be of common importance for present and future generations of all humanity." Meanwhile, petroglyphs carved into rocks and cliffs by local inhabitants along the Bangucheon Stream in the southeastern city of Ulsan, showing traces of prehistoric eras, were listed last week as the country's latest World Heritage site. 2025-07-15 15:03:02

SHINee's Onew to release second full-length album "PERCENT" SEOUL, July 15 (AJP) - K-pop group SHINee member Onew will return to the music scene with the release of his second full-length album, "PERCENT," dropping Tuesday at 6:00 p.m. (0900 GMT). The album arrives five months after his January mini-album "CONNECTION." According to his agency, SM Entertainment, the title track "ANIMALS" captures the moment when instinct takes control. The song features a refined bass line, acoustic guitar, synths, and sound effects that mimic animal calls. Rather than repeating the same structure, Onew develops a narrative that creates tension and movement throughout the track. The music video, which will be released alongside the album, visualizes this theme by showing instinct awakening and reason giving way. Onew said he hopes listeners will feel free to follow their instincts and enjoy moments of joy, “even if only under a full moon.” "PERCENT" includes a variety of songs that reflect different moods and themes. The opening track "Silky" embraces rest and laziness, while "Caffeine" uses unusual harmonies to express a sense of addiction. "Marshmallow" describes the feeling of falling in love, and "Confidence" symbolically captures Onew’s emotional rhythm in uncertain times. The track "오래 OKㅋ" offers comfort with a light, humorous tone. Other songs include "Far Away," which contrasts sharp sounds to express a desire to escape confusion, and "MAD," which explores the emotional aftermath of a breakup. The track "PERCENT (%)" experiments with sound to portray a wide emotional range, while "Epilogue" focuses on a sincere, vocal-driven narrative. The album closes with "Happy Birthday," a song about hope and gratitude. Onew has described "PERCENT" as a personal story of being emptied, filled, and shaped by interaction with the world. He said, “No one can reach 100 percent alone, but even imperfect beings are beautiful in their own way.” He participated in the overall production of the album, showing his artistic growth. To celebrate the release, a pop-up store titled "ONEW 2ND ALBUM 'PERCENT' POP-UP STORE" has opened at the first floor open stage of Shinsegae Gangnam. The space features interactive displays and fan events designed around the album’s concept. 2025-07-15 14:15:26

Industry minister nominee backs US-style tax credits for chips, batteries SEOUL, July 15 (AJP) - South Korea’s nominee for industry minister, Kim Jung-gwan, is pushing for the introduction of production tax credits for semiconductors and battery materials, according to parliamentary documents released Tuesday ahead of his confirmation hearing. Kim, a former senior economic official and most recently an executive at power equipment firm Doosan Enerbility, said the government must adopt “strategic and proactive industrial policies with competitive incentives” to reduce trade risks and bolster key sectors. He identified production tax credits — subsidies tied to output rather than investment — as a priority for advanced industries, starting with semiconductors and battery materials. “Securing global leadership in semiconductors requires swift, strong support in the face of intensifying global uncertainty,” Kim wrote in the parliamentary document. He called for fiscal and tax incentives to enhance domestic semiconductor manufacturing capacity, echoing the production-linked support seen in recent U.S. industrial policy. In the battery sector, Kim warned that a slowing electric vehicle market and China’s dominance in the supply chain pose “urgent threats” to South Korea’s competitiveness. He pledged focused support for the production of critical battery components such as cathodes, anodes, electrolytes, and separators to reduce dependence on Chinese suppliers and strengthen the so-called “K-battery” ecosystem. Production tax credits function as direct tax reductions tied to companies’ actual output. The United States introduced similar measures under the Inflation Reduction Act, offering incentives for domestic production of batteries, solar components, and clean energy fuels. South Korea currently offers one-time investment tax credits of up to 20 percent for large firms in high-tech industries like semiconductors, but has yet to tie such support to production volumes. President Lee Jae Myung had pledged during his campaign to introduce a 10 percent production tax credit for domestically produced and sold semiconductors. Industry estimates suggest that Samsung Electronics and SK hynix could each benefit from annual tax reductions of up to 5 trillion won (approximately $3.6 billion) under such a scheme. Kim’s emphasis on battery materials marks a more granular approach than the broader support pledged by the president during the campaign. Industry insiders welcomed the proposal, noting that extending tax credits to material manufacturers could improve Korea’s supply chain independence in a sector heavily reliant on China. “If production tax credits are applied to key materials, Korea’s battery industry will be much more globally competitive,” a battery industry official said. The nominee's confirmation hearing is scheduled for Thursday. 2025-07-15 14:10:53

POSCO to supply advanced steel for Saudi Aramco's gas plant SEOUL, July 15 (AJP) - South Korea’s largest steelmaker POSCO will supply hydrogen-induced cracking (HIC) resistant steel to Saudi Aramco for its Fadhili gas plant expansion project. The agreement is a strategic win for POSCO and a notable shift in procurement norms for Aramco, the world’s largest oil producer, which has traditionally sourced such critical materials from European manufacturers. The Fadhili expansion, designed to increase the plant’s gas processing capacity by roughly 60 percent, demands materials capable of withstanding severe operational conditions, including hydrogen-induced cracking — a corrosive failure mechanism caused by hydrogen sulfide exposure in high-pressure environments. HIC-resistant steel, a specialized alloy used in the fabrication of pipes, pressure vessels, and structural components, plays a vital role in energy infrastructure. While POSCO has previously supplied HIC-grade steel for pipelines, this project represents the first time its steel will be deployed within the plant itself, positioning the Korean company as a serious contender in an elite global market. “This contract is a clear example of how technological innovation and quality can break entrenched market barriers,” a POSCO spokesperson said. The company described the deal as part of its broader strategy to achieve what it calls “super-gap” competitiveness — offering premium, high-value-added steel products that few global players can match. Beyond the commercial win, the agreement carries significant implications for South Korea’s broader industrial ecosystem. The HIC-resistant steel will be fabricated domestically into pipes, pressure vessels, and other components by firms including Hyundai Steel Pipe, SeAH Steel, Bumhan Mecatec, and Taekwang Industrial. Aramco had initially considered European firms for downstream production. But POSCO’s selection helped redirect that work to South Korean manufacturers, bolstering the country’s plant engineering and fabrication sectors. For Aramco, the decision also reflects a broader shift toward diversifying its supplier base as it embarks on ambitious expansions across gas and petrochemical processing. Construction on the Fadhili gas plant expansion is expected to begin later this year. 2025-07-15 13:33:25

TRAVEL: Glimpse into daily life in North Korea from across the Amnok River Amnok River, July 09 (AJP) - North Korea was once one with South Korea and remains close, yet unreachable. Today, we can only catch glimpses of the country under limited circumstances and in specific places. We cannot talk to them, shake their hands, or interact freely. One of the few places we can view North Korea relatively closely is from the Chinese border. While South Korea and North Korea are separated by the heavily fortified Demilitarized Zone, China and North Korea are separated mostly by the Amnok and Tuman rivers, making it possible to observe each other on clear days. I visited the Amnok River hoping to catch a closer look at North Korea. In this region, boat tours allow passengers to see across the river to North Korean territory. These boats pass under the broken section of a bridge, once a route used by Chinese troops during the Korean War. Known as the Broken Bridge at Jianghado, it was bombed by American forces and has never been restored. As our small boat approached the North Korean side, the figures of people came into focus. From afar, you might simply note that "there are people" or "those are soldiers," but as we drew nearer, we could see their postures, facial expressions, and clothing. They were plowing steep hillside fields with oxen. Two farmers guided a yoke as two oxen pulled a plow, a scene that looked frozen in the 1950s. Their brick houses were patched together with mismatched roof tiles, and the windows were irregularly shaped, seemingly incapable of withstanding harsh winters. Guard posts behind stone fences had peeling paint that no longer served any camouflage purpose. The only modern touch was a CCTV camera, but whether it worked was unclear. Wooden utility poles leaned dangerously and looked like they might snap in the wind. Across the Amnok River, the main mode of transportation appeared to be bicycles. A few motorcycles and cars were spotted, but they were rare. Most people carried goods on bicycles along a path fenced with netting toward the Chinese side, the only visible road on the North Korean side. A few people also moved by boat. These small, rusty motorboats, fitted with oars on both sides, carried two or three people fishing. Since they were closer to us than the people on land, we could hear their voices and exchange greetings. They looked no different from rural young men in South Korea—simple and familiar. Watching their faces, I often forgot I was looking at North Korea. It felt like I was looking at a countryside village in South Korea. But then I saw a sign on a deforested hill that read, "Let us go forward with communism!" That jolted me back to reality. The same language, but a sentence unimaginable in the South—it was jarring. After getting off the boat, I traveled by bus for about an hour with the Amnok River on my left. The first thing I noticed were construction workers in North Korea. Most of them were young, small-framed men, numbering easily in the hundreds. Wearing yellow safety helmets, they were building walls with piles of earth. About an hour and a half later, we arrived opposite Sinuiju. There, we saw apartment buildings, possibly up to 15 stories high, which brought to mind the phrase "for show." Though it was around sunset, only a few small lights flickered inside, and no people could be seen. The ground floors housed facilities like food distribution centers, "Hadan 1 Pharmacy," a library, and an IT distribution room, mirroring the style of South Korean mixed-use buildings. On one wall, a large slogan read, "Let us thoroughly carry out the decisions of the 12th Plenary Meeting of the 8th Central Committee." Our glimpse of the other side was soon obscured as fog rose across the width of the Amnok River. The fog swelled over the river like a pillow placed between North Korea and China, cutting off the view once again. 2025-07-15 11:05:45

BLACKPINK's North American tour kicks off with sell-out concerts in Los Angeles SEOUL, July 14 (AJP) - K-pop girl group BLACKPINK performed in front of a sell-out crowd of more than 100,000 fans in Los Angeles over the weekend as part of their world tour. According to their agency YG Entertainment on Monday, the two-day concerts at SoFi Stadium in Inglewood were sold out shortly after tickets went on sale, packing the venue and making BLACKPINK the girl group to draw the largest crowd ever at the stadium. The enthusiastic fans erupted in cheers as the four girls, Jennie, Ji-soo, Lisa and Rosé, captivated them with spectacular performances of their hit songs along with individual solo stages. The latest gigs came after last week's concerts here where the four members reunited for the first time in nearly two years after focusing on their respective solo careers. They are now set to perform in Chicago, New York, and Toronto before wrapping up their North American stops and embarking on the Asian and European legs of the tour. Meanwhile, through a partnership with BLACKPINK, Google has been offering concert-related services on Google Maps since last week including directions to venues, nearby dining options, and other useful information for fans. 2025-07-14 17:00:52