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  South Korea to launch Asia-Pacific's first AI Basic Law on Jan. 22 SEOUL, December 31 (AJP) - South Korea will become one of the first countries in Asia-Pacific to enforce comprehensive artificial intelligence legislation on Jan. 22, but unlike the European Union's stringent compliance regime, Seoul is opting for a business-friendly approach with at least a one-year grace period before imposing penalties. The Ministry of Science and ICT said on Wednesday that the government will provide consulting services and financial support to help companie December 31, 2025
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  Cold snap grips Seoul on New Year's Eve SEOUL, December 31 (AJP) - A cold wave advisory was issued for Seoul and surrounding areas on Wednesday as sub-zero temperatures gripped the capital on New Year's Eve. Such an advisory is issued when morning temperatures are expected to drop by more than 10 degrees Celsius from the previous day, or at least 3 degrees below the seasonal average, or when the morning low is forecast to remain at or below -12 degrees for two or more consecutive days. As the bitter cold snap is December 31, 2025
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  Hanwha Systems wins $30 mln deal to supply combat systems to Philippine Navy SEOUL, December 31 (AJP) - Hanwha Systems said on Wednesday it has signed a contract worth about 40 billion won ($30 million) to supply additional combat management systems (CMS) and tactical data links (TDL) for two next-generation frigates of the Philippine Navy. The deal covers CMS and TDL equipment for two 3,200-ton-class frigates, the company said. A CMS, often described as a warship’s “brain,” integrates data from onboard sensors to detect and assess t December 31, 2025
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  South Korea's Daebang, Woomi, Jungheung builders face probe for unfair internal dealings SEOUL, December 31 (AJP) - South Korea’s antitrust watchdog said on Wednesday it had uncovered four cases of unfair internal transactions involving large business groups this year, imposing a combined 93.5 billion won ($70 million) in fines and referring three companies to the prosecution. Corrective orders and fines were issued against Daebang Construction, Jungheung Construction, Woomi Construction and CJ Group, while the three builders were reported to prosecutors, acco December 31, 2025
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  Cooking show returns to top spot as most-watched non-English series on Netflix SEOUL, December 31 (AJP) - The second season of Netflix's hit South Korean series "Culinary Class Wars" has remained at the No. 1 spot for a second consecutive week since its release earlier this month. According to the global streaming giant's ranking website Tudum, the series garnered 4.7 million views last week, the highest among non-English TV shows overall. The previous season also claimed the top spot for three consecutive weeks when it was released in Sep December 31, 2025
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  Doosan Enerbility secures 575 billion won deal to build offshore wind farm SEOUL, December 31 (AJP) - South Korea's Doosan Enerbility has signed an engineering, procurement and construction (EPC) contract to build the 104-megawatt Yeonggwang Yawol offshore wind farm in South Korea. The project involves installing 13 offshore wind turbines, each with a capacity of 8 megawatts, off Nakwol-myeon in Yeonggwang-gun, South Jeolla Province. Doosan Enerbility said the contract is valued at 575 billion won ($430 million) and covers the full EPC scope, inclu December 31, 2025
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  KAIST researchers develop brain-like AI chip perceiving and thinking instantly SEOUL, December 31 (AJP) - Researchers at the Korea Advanced Institute of Science and Technology have developed a next-generation artificial intelligence semiconductor that integrates sensing, computing, and memory into a single chip. By mimicking the structure of the human eye and brain, the technology allows devices to perceive and process information instantly without the power loss or delays found in traditional computers. The Korea Advanced Institute of Science and Technology ( December 31, 2025
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  Farewell, volatile 2025. Welcome, year of the Fire Horse SEOUL, December 31 (AJP) - South Korea passed through a year of sharp political rupture, marked by martial law and impeachment, yet it did not remain suspended in crisis. Gradually, the pulse of society returned. The economy gathered speed from near stillness, and the KOSPI rose with uncommon force, its 76 percent surge reflecting both the promise of artificial intelligence and shifting winds in the global order. Beneath the recovery, divisions linger and the young continue to shoulder un December 31, 2025
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  Celltrion forecasts record quarterly revenue, operating profit for Q4 SEOUL, December 31 (AJP) - Celltrion said Wednesday that it expects to post record-breaking fourth-quarter results, projecting revenue of 1.28 trillion won ($889 million) and operating profit of 472.2 billion won for the October-December period. The South Korean biopharmaceutical giant's forecast marks a 20.7 percent year-on-year surge in revenue and a 140.4 percent jump in operating profit, with operating margin reaching 36.8 percent. Should the projections hold, Celltrion&# December 31, 2025
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  Samsung Electronics begins manufacturing operations in Kazakhstan SEOUL, December 31 (AJP) - Samsung Electronics has officially launched the production of televisions and washing machines in Kazakhstan, marking the South Korean tech giant's first manufacturing presence in the Central Asian nation. The Embassy of Kazakhstan in South Korea said Wednesday that the new production lines are operating at the Silk Road Electronics plant in Saran, a city in the Karaganda Region. The facility currently employs more than 1,100 people. The project i December 31, 2025