South Korea will focus R&D spending on chips, robots, AI

SEOUL, December 05 (AJP) - The South Korean government announced plans to significantly increase research and development investment in semiconductors, robotics, and artificial intelligence during the third Strategic Planning Investment Council meeting held at the Korea Chamber of Commerce in Seoul. The Ministry of Trade, Industry and Energy will expand its "ultra-gap projects" to include new technologies such as battery safety for electric vehicle fire prevention, next-

December 5, 2024

SingCham Korea hosts gala in Seoul to foster ties with Korea

SEOUL, December 05 (AJP) - The Singapore Chamber of Commerce in Korea (SingCham Korea) held its first gala event, bringing together over 200 distinguished guests from the business, diplomatic, and cultural communities. The event, held at the Signiel Seoul hotel on Nov. 29, was a night of celebration, collaboration, and reflection on the chamber's achievements and growing role in fostering ties between Singapore and South Korea. Set against the backdrop of Seoul's city s

December 5, 2024

OPINION: North Korea Provocations Underscore South Korea's Success

KENOSHA, December 05 (AJP) - North Korea’s contribution of combat troops to aid Russia in Ukraine has drawn global attention and headlines, but is only one component of ongoing ominous moves. At the start of this year, Pyongyang fired artillery barrages near a maritime buffer zone. On the west coast, Pyongyang wants to move the maritime border south. Roads and railroads linking North and South have been shut down. The North is jamming GPS signals in the South. South Kor

December 5, 2024

Yoon faces decisive week as impeachment vote looms after martial law debacle

SEOUL, December 5 (AJP) - An impeachment motion against President Yoon Suk Yeol, after his abrupt late-night declaration of martial law earlier this week, was referred to the National Assembly's plenary session on Thursday. This procedural step paves the way for a vote on the motion later this week, posing a significant challenge to the embattled president's political future. The motion, proposed by 191 lawmakers from six opposition parties, including the main opposition

December 5, 2024

South Korea's economic growth slows in 3rd quarter amid weak exports

SEOUL, December 5 (AJP) - South Korea's economy grew by 0.1 percent in the third quarter of 2024, marking the second consecutive quarter of sub 1 percent growth as exports declined and construction investment remained weak, the Bank of Korea (BOK) said on Thursday. The tepid growth was primarily driven by a 0.2 percent contraction in exports, the first decline in seven quarters, led by decreased shipments of automobiles and chemical products. While private consumption rose

December 5, 2024

OPINION: South Korea had martial law for 6 hours. Why did this happen and what can we expect now?

SEOUL, December 5 (AJP) - On Tuesday night, South Korean President Yoon Suk Yeol sent shockwaves through the world by declaring martial law in the country. Yoon's opponents in the National Assembly immediately sought to mass at the legislature to block the decree. This led to a dramatic confrontation with soldiers over control of the building. However, in the early hours of Wednesday, sufficient numbers of South Korean legislators gained entry to the chamber. Of the 300 membe

December 5, 2024

PHOTOS: Protesters call for impeachment of Yoon

SEOUL, December 4 (AJP) -- Candlelight protests erupted in many cities in South Korea on Wednesday evening, calling for the impeachment of President Yoon Suk Yeol following his declaration of martial law late Tuesday, which was lifted six hours later.

December 4, 2024

​​​​​​​K-pop training goes global: World K-pop Center plans 32-nation girl group project

SEOUL, December 4 (AJP) -- "K-pop stands at the heart of Korean culture today. We aim to create a true cultural exchange by bringing together girl groups from 32 different nations," says Park Sung-jin, CEO of World K-pop Center. Speaking at the launch of news platform AJP at Seoul's FKI Tower on Tuesday, Park detailed his organization's vision for globalizing K-pop education through a U.N.-inspired strategy. Park emphasized that while famous K-pop artists have p

December 4, 2024

Studio Meta-K CEO: AI to shape future of 'K-content'

SEOUL, December 4 (AJP) - Kim Kwang-jip, CEO of Studio Meta-K, predicts artificial intelligence will play an increasingly vital role in K-content production, ushering in an era where virtual humans star in songs, advertisements, dramas, and films. Speaking at the launch event of news platform AJP at the FKI Tower in Seoul's Yeouido on Tuesday, Kim showcased various AI-powered content initiatives. His company, Studio Meta-K, specializes in developing and producing IP-based conten

December 4, 2024

Flitto CEO: AI is breaking down language barriers

SEOUL, December 4 (AJP) - "By 2025, the language barriers people experience today will be significantly reduced," says Lee Jung-soo, CEO of Flitto, predicting that an influx of new services will transform various aspects of society and economy. Speaking at the launch of the Asian news platform AJP in Seoul's FKI Tower on Tuesday, Lee outlined how artificial intelligence is dismantling language barriers that humanity has long struggled to overcome. Lee envisions a fu

December 4, 2024