[OPINION] Britain's Royal Family is Important for Them – and Us

KENOSHA -- King Charles III of Britain is undergoing treatment for cancer. Prime Minister Rishi Sunak added to the public announcement that the health challenge had been &ld

February 15, 2024

S. Korea establishes diplomatic ties with Cuba

SEOUL -- South Korea and Cuba promised to stay as good friends by formalizing diplomatic relations between Seoul and Havana, despite escalating tensions on the Korean Peninsula. The Latin American country, well-known for its socialist and communist roots, is now South Korea's 193rd ally. South Korea sees this diplomatic establishment as a crucial milestone in strengthening its presence in Central and South America. The formalization of diplomatic relations between South Korea

February 15, 2024

Pulmuone selected as top S. Korean food company in corporate sustainability assessment

SEOUL -- South Korea's food company Pulmuone has received the highest score among domestic food makers in the sustainability assessment by S&P Global, a New York-based credit rating agency. In the global sustainability evaluation, which involved 260 food companies, the Seoul-based food provider secured the fifth position. S&P Corporate Sustainability Assessment (CSA) is recognized as a globally trusted indicator in the field of corporate sustainability evaluation and i

February 14, 2024

LS Cable partners with VAC to launch joint venture specializing in rare earth magnets

SEOUL -- South Korea's major cable company LS Cable & System has partnered with Vacuumschmelze, Europe's top company specializing in the development and production of magnetic materials, to establish a joint venture. LS Cable specializes in the manufacturing and distribution of various cables and systems for a wide range of industries, including power transmission and distribution, telecommunications, and automotive sectors. The company is recognized as a leading playe

February 14, 2024

LG Energy Solution partners with Australian lithium producer to secure EV raw material

SEOUL -- LG Energy Solution, the battery-making wing of South Korea's LG Group, has partnered with Australia's lithium producer WesCEF to receive lithium concentrate, a core raw material for electric vehicle batteries. The South Korean battery maker will secure up to 85,000 tons of lithium concentrate, enough for about 270,000 high-performance electric vehicles with a range of more than 500 kilometers (310.7 miles) on a single charge. Lithium concentrate serves as raw mat

February 14, 2024

30% of S. Korean teenagers believe marriage is necessary: survey

SEOUL -- Only about 30 percent of South Korean teenagers believe that marriage is necessary, according to data released by a state-operated youth policy institute. The perception of marriage among teenagers has shifted over the past decade in a country where the fertility rate has plummeted from 1.24 in 2015 to 0.7 in 2023. South Korea is rapidly aging and is expected to face rapid depopulation in 2025 when the fertility rate drops to 0.65. While the country's administrative b

February 14, 2024

S. Korea and Colombia agree on mutual airworthy certification program for military aircraft

SEOUL -- South Korea's arms procurement agency has partnered with Colombia's defense authority to jointly roll out a mutual airworthiness certification program for military aircraft. The mutual certification program will reduce the time taken in the verification process for the safety of military aircraft. The airworthiness certification is designed to ensure the safety of an aircraft and evaluate the essential criteria for its design, production, and operation. Colombia i

February 14, 2024

SK Telecom to provide AI-based imaging assistant service 'X Caliber' for animal hospitals in Australia

SEOUL -- South Korea's major mobile carrier SK Telecom partnered with Australia's major medical device distributor ATX Medical Solutions, to supply "X Caliber," an artificial intelligence-based veterinary imaging assistant service to animal hospitals in Australia. The assistant service helps animal doctors read and diagnose images quickly. X Caliber, commercialized in September 2022, detects abnormalities in dogs' musculoskeletal system, heart, and chest in a

February 13, 2024

S. Korea's EV adoption rate reaches 9.3% in 2023

SEOUL -- Data released by the Ministry of Land, Infrastructure and Transport revealed that approximately nine percent of newly purchased vehicles in South Korea in 2023 were electric vehicles. As of now, there are over 200,000 EV chargers installed across the country, indicating a ratio of two EVs for every charger. South Korea mandates that new buildings constructed after January 28, 2022, allocate at least five percent of their total parking spaces for EV chargers. Similarly, ol

February 13, 2024

S. Korean comics garner explosive popularity in Thailand: report 

SEOUL -- Recent data released by South Korea's government body charged with governing cultural content showed that South Korean comics were especially popular among Thai consumers. The report showed that South Korean comics accounted for about 47 percent of the total comics consumption in Thailand, the highest rate among the nine countries, which include the United States, France, China, Japan, Indonesia, Viet Nam, Russia, and the United Arab Emirates. In a survey of 1,516 peo

February 13, 2024