Latest news
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Ruling camp signals flexibility on medical school enrollment
SEOUL, Sept. 06 (AJP) - South Korea’s ruling camp has signaled a potential shift in its stance on medical school enrollment, opening the door for negotiations with medical professionals and opposition parties. Originally slated to increase medical school enrollment by 2,000 in 2026, the government now appears more open to revisiting this figure. This development comes amid growing pressure from the medical community, including ongoing strikes by trainee doctors, and some wi
September 6, 2024 -
Korea Air Force selects first female test pilot for KF-21 fighter jet
SEOUL, Sept. 6 (AJP) - The Republic of Korea Air Force (ROKAF) has made history by selecting a female pilot, Major Jeong Da-jung, as a test pilot for the homegrown KF-21 fighter jet, known as "Boramae." This marks the first time a woman will fly a new jet fighter under development, ROKAF announced Thursday. Major Jeong, 37, is a seasoned pilot with around 1,300 flight hours and experience as a test pilot for the KF-16, the Korean variant of the F-16 fighter jet. Her new
September 6, 2024 -
Samsung, LG showcase AI-powered home appliances at IFA
SEOUL, Sept. 6 (AJP) – Korean tech giants Samsung Electronics and LG Electronics are showcasing their cutting-edge, AI-powered appliances at IFA, Europe's largest consumer electronics trade show, in Berlin. The exhibition, celebrating its 100th anniversary, opened Friday for a five-day run. Over 2,000 companies are participating in the event, which highlights AI and connectivity as the driving forces behind the next generation of home appliances. Under the theme “
September 6, 2024 -
ASEAN-Korean Centre to present ecological diversity at Gwangju Biennale exhibitions
SEOUL, Sept. 6 (AJP) - Starting on Sept. 7, The ASEAN-Korean Centre (AKC) will set up a pavilion exhibition space to present the ecological diversity of ten member countries of The Association of Southeast Asian Nations (ASEAN) at the Gwangju Biennale, One of Asia's top contemporary art events, the AKC said Friday. The AKC is an intergovernmental organization designed to promote economic and socio-cultural cooperation between the Association of Southeast Asian Nations (ASEAN)
September 6, 2024 -
Korea posts current account surplus for third consecutive month
SEOUL, Sept. 6 (AJP) - South Korea posted a current account surplus in July for the third consecutive month, driven by strong exports of semiconductors and other goods. The current account surplus for the month was $9.13 billion, the largest for a July since 2015, according to provisional statistics released by the Bank of Korea on Friday. Following a deficit of $290 million in April, the nation recorded surpluses of $8.92 billion in May and $12.56 billion in June. The current
September 6, 2024 -
Cushman & Wakefield bullish on Korea's tech property market
SEOUL, Sept. 5 (AJP) – Cushman & Wakefield, a global real estate firm, is expanding its presence in the fast-growing property services sector for Korea's technology and life sciences industries. The Korean office of the Chicago-based company sees robust potential in these sectors as industrial giants make significant investments in semiconductors and biotechnologies in cities near Seoul. "We are working with a number of Korean chaebols," John Pritchard, he
September 5, 2024 -
VISUALS: Kiaf Seoul, Frieze Seoul underway in COEX
Seoul, Sept. 5 (AJP) – Two major art fairs, Kiaf Seoul and Frieze Seoul, opened simultaneously on Wednesday. Frieze Seoul, one of the world's top two art fairs, runs until Saturday at COEX Halls C and D in Samseong-dong, Seoul, while Kiaf Seoul, Korea's largest art fair, continues until Sunday at COEX Halls A and B, the Grand Ballroom, and The Platz on the second floor. Frieze Seoul features 110 galleries, including top-tier names such as Gagosian, Hauser & Wirth, and Dav
September 5, 2024 -
BTS's 'IDOL' music video hits 1.3 billion YouTube views
Courtesy of Big Hit Music SEOUL, Sept. 05 (AJP) - "IDOL," K-pop wonder BTS' song released six years ago, has garnered more than 1.3 billion views on YouTube as of 8:00 a.m. (2300 GMT) on Wednesday reaching a milestone. IDOL became the fifth BTS music video to break the 1.3 billion mark, the group’s music label, BigHit Entertainment said. The "IDOL" video, which won the Music Video of 2018 at the E! People's Choice Awards, an American award
September 5, 2024 -
Korea targets Oscar with historic film on 1979 military coup
SEOUL, Sept. 5 (AJP) -"12.12: The Day," directed by Kim Sung-su, has been chosen as Korea's entry for Best International Feature Film at the Academy Awards, the Korean Film Council (KOFIC) announced on Wednesday. The film chronicles the military coup on December 12, 1979, which followed the assassination of President Park Chung-hee. Major General Chun Doo-hwan led the coup, taking control of the government and declaring martial law. This coup marked the start of a pe
September 5, 2024 -
LS Cable aims for 10 trillion won in revenue by 2030
SEOUL, Sept. 5 (AJP) - LS Cable & System announced Thursday its goal to reach 10 trillion won ($7.4 billion) in revenue by 2030, focusing on expanding its global market presence. During a press event, the Korean power cable maker unveiled its growth strategies for subsea cables and internet data centers (IDCs), emphasizing reductions in power consumption and operating costs. Despite growing global demand for high-voltage direct-current (HVDC) cables driven by long-distance po
September 5, 2024
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South Korea posts current account surplus for 23rd straight month
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BYD's compact SUVs top imported EV sales, but why are they hardly seen on the streets?
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Naver posts mixed earnings results for 1st quarter
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Rising demand for data centers reshapes global real estate market, research reveals
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Excitement builds early for New Pope's planned visit to Seoul
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Riding tailwind of LNG Carriers, South Korea sets sights on lucrative next-generation liquid hydrogen carriers
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Kim and Han clash over timing, legitimacy in second unification talks
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Lotte Cinema, Megabox agree to merge, challenging CGV
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INTERVIEW : Korean Cultural Center in Abu Dhabi to celebrate 10 years of building bridges with UAE
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Korea to launch QR-based cross-border payment system, starting with Indonesia