Century-old Buddhist pavilions gain heritage status SEOUL, December 19 (AJP) - The Korea Heritage Service (KHS) announced on Friday that it will designate three pavilions from the late Joseon Dynasty as "Treasures," while elevating two iconic medieval stone pagodas to the status of "National Treasures." The three newly recognized pavilions include the Chimgyeru Pavilion at Songgwangsa Temple in Suncheon, the Mansaeru Pavilion at Bongjeongsa Temple in Andong, and the Cheonboru Pavilion at Yongjusa Temple in Hwase December 19, 2025

PHOTOS: Annual lantern festival lights up Seoul SEOUL, December 19 (AJP) - Seoul's annual lantern festival has arrived at the perfect time, illuminating the city for the holy, jolly holiday season. Now in its 17th year, the festival runs until the first week of the coming year, featuring around 500 lanterns, along with illuminating displays and other festive decorations. Visitors can explore various installations along the Cheonggye Stream, stretching from Gwanghwamun in central Seoul to Dongdaemun Desi December 19, 2025

SK Signet to raise 30 billion won to expand global EV charger business SEOUL, December 19 (AJP) - EV charger maker SK Signet said on Friday its board had approved a third-party share sale worth about 30 billion won, with parent company SK Inc. set to participate in the offering. The company said the proceeds will be used to expand production infrastructure to support global growth and to strengthen product competitiveness. SK Signet plans to gradually increase capacity and improve operating efficiency centered on its production base in Texas, whil December 19, 2025

Samsung unveils Exynos 2600 chip, expected to power Galaxy S26 series SEOUL, December 19 (AJP) - Samsung Electronics on Friday unveiled its Exynos 2600 mobile application processor, a chip widely expected to power the company’s next flagship Galaxy smartphone lineup, set for release early next year. According to Samsung Electronics’ website, the Exynos 2600 was designed by Samsung’s System LSI Business and manufactured by Samsung Foundry, both part of the company’s Device Solutions (DS) division. The chip is produced usin December 19, 2025

Asian markets in modest gains Friday ahead of BOJ rate decision SEOUL, December 19 (AJP) - Asian equity markets were moderately up early Friday as they await the rate decision from the Bank of Japan. In South Korea, the KOSPI was trading 0.4 percent up at 4,011 as of 10:30 a.m., retracing some of its earlier gains after rebounding 1 percent to track overnight Wall Street rise. Institutional investors led the buying with net purchases of 94 billion won, while retail investors added 33.8 billion won ($23 million). Conversely, foreign investor December 19, 2025

Safety measures to be heightened in Seoul's crowded areas during holiday weeks SEOUL, December 19 (AJP) - A set of safety measures for crowded areas will be enforced during the holiday season, the Seoul Metropolitan Government said on Friday. Security and patrols will be beefed up at about a dozen locations including Seoul's major shopping and entertainment districts of Myeong-dong, Seongsu-dong, Itaewon, and areas near Hongik University, as they are expected to be crowded around Christmas and New Year's Eve. The city government said with it will fo December 19, 2025

South Korea to support Egypt's customs system upgrade SEOUL, December 19 (AJP) - The Korea Customs Service (KCS) said Friday Commissioner Lee Myung-gu has signed a memorandum of understanding with Ahmed Amawy Robin, head of the Egyptian Customs Authority, to advance the customs system in Egypt. The agreement, concluded in Cairo, is part of South Korea’s official development assistance (ODA) efforts to modernize customs operations in partner countries. The KCS said it will support automation of Egypt’s express cargo logi December 19, 2025

Retail investors struggle overseas as brokerages reap record fees SEOUL, December 19 (AJP) - Nearly half of South Korean retail investors trading overseas stocks are losing money, with average profits per account falling sharply from a year earlier, the country’s financial watchdog said on Friday. The Financial Supervisory Service (FSS) said that as of the end of August, 49.3 percent of individual investors’ overseas stock trading accounts were in loss-making territory. Average profit per account dropped to about 5 December 19, 2025

Korea ramps up inbound marketing to boost regional tourism SEOUL, December 19 (AJP) - As countries intensify competition for foreign visitors, the Korea Tourism Organization (KTO) has turned to a comprehensive inbound marketing strategy as its key solution. Moving beyond conventional promotion, the approach offers end-to-end support — from product development and overseas distribution to global network linkage — with the aim of bringing regional tourism content onto the global stage. According to the KTO's October inboun December 19, 2025

South Korean coach leads Viet Nam to victory in men's football at SEA Games SEOUL, December 19 (AJP) - Viet Nam's under-23 national team, led by South Korean coach Kim Sang-sik, won the men's football tournament at this year's Southeast Asian (SEA) Games. At the biennial multi-sport event featuring 11 Southeast Asian countries, Viet Nam came from behind in a dramatic fashion to beat host Thailand 3-2 in extra time in the final match in Bangkok on Wednesday, reclaiming the victory for the first time since 2021. The latest triumph comes after V December 19, 2025