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Forum Urges Sustainable Use of Pyeongchang Olympic Legacy for Winter Sports Tourism
The 'K-Winter Sports Tourism Global Competitiveness Forum' was held on Jan. 27 at the Athens Hall of the Olympic Parktel in Seoul to discuss the future of the Pyeongchang Winter Olympics legacy and ways to boost winter sports tourism. Discussions centered on how to use key Olympic facilities — including Pyeongchang Alpensia and the Jeongseon Alpine Ski Center — as sustainable assets embedded in local communities and industry, rather than limiting debate to whether they should be dismantled
January 28, 2026
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South Korean parties agree to pass 90 noncontroversial bills, revise filibuster rules
Rival parties agreed to pass 90 noncontroversial bills at a National Assembly plenary session on Jan. 29, and to also take up a revision to the National Assembly Act that would change rules for filibusters. Cheon Jun-ho, the Democratic Party’s senior deputy floor leader for operations, and Yoo Sang-bum, the People Power Party’s counterpart, announced the agreement after meeting Tuesday at the National Assembly. Cheon told reporters that of 175 bills on the plenary agenda, the parties
January 28, 2026
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Lee Jae Myung urges expanded defense, energy cooperation with Qatar in meeting with emir’s envoy
President Lee Jae Myung asked Qatar to expand cooperation with South Korea in areas including defense, the defense industry and energy, his office said Tuesday. Cheong Wa Dae spokesperson Kim Nam Jun said in a written briefing that Lee met in the morning with Mohammed bin Abdulaziz Al-Khulaifi, a special envoy of Qatar’s emir. Lee said the envoy’s swift visit after last week’s phone call with Emir Sheikh Tamim bin Hamad Al Thani showed “the two countries’ firm commitment to cooperation.
January 28, 2026
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KOSPI's bull run pushes South Korea to world's 10th-largest stock market
SEOUL, January 28 (AJP) - South Korea's benchmark KOSPI continued its bull run, closing at 5,170.81, while the junior KOSDAQ also finished above the 1,100 level at 1,133.52. The weeks-long rally that began at the start of the new year has lifted South Korea's stock market to a valuation of $3.25 trillion, surpassing Germany's $3.22 trillion and making it the world's 10th-largest stock market, just behind Taiwan, according to Bloomberg's compiled data. Wednesda
January 28, 2026
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KSD: 25 Listed Companies Changed Par Value Last Year, Down 12 From Prior Year
The Korea Securities Depository said on Tuesday that 25 listed companies, including Young Poong Co., changed their shares’ par value last year, down 12 from the previous year. By market, five companies on the Korea Exchange’s main board and 20 on the Kosdaq carried out par value changes, down two and 10, respectively. Par value changes include stock splits and reverse stock splits. By type, 13 companies conducted stock splits, often aimed at improving trading liquidity, while 12 carried
January 28, 2026
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HiteJinro’s Filite Hits Record 2025 Shipments; Cass Tops Brand Hall of Fame Again
HiteJinro’s Filite posts record 2025 shipments HiteJinro said Tuesday that 2025 annual shipments of Filite, the top brand in South Korea’s malt-based sparkling beer category, reached about 340 million cans (based on 350 milliliters), the highest on record. Cumulative sales totaled 2.66 billion cans, nearing 2.7 billion. According to Nielsen Korea data through December 2025, Filite kept its No. 1 position, widening its lead over the No. 2 brand by more than fourfold. It ranked first in sa
January 28, 2026
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Blue House Says End of Multiple-Home Tax Surcharge Grace Period Follows Administrative Principles
Breaking: The Blue House said ending the grace period for heavier taxes on owners of multiple homes is a matter of administrative principle, adding it is reviewing whether to allow a one- to two-month extension.* This article has been translated by AI.
January 28, 2026
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Kim Keon Hee Says She Accepts Court’s Stern Criticism, Apologizes for Concern
Breaking: Kim Keon Hee said she “humbly accepts” the court’s stern criticism and apologized for causing concern.* This article has been translated by AI.
January 28, 2026
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Celltrion, Hanmi, Dong-A ST, HLB and Jaseng report U.S. growth, deals and approvals
Celltrion’s Zymfentra posts record weekly prescriptions, ramps up U.S. marketing Celltrion said Wednesday that prescriptions for its subcutaneous infliximab treatment Zymfentra rose about 27% from the same period a month earlier and about 352% from a year earlier, based on the second week of January. The company said the figure was the highest weekly total prescriptions (TRx) recorded since the drug’s U.S. launch in March 2024, according to IQVIA. Celltrion said its ongoing online and o
January 28, 2026
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South Korea’s Black Eagles Get First-Ever Refueling Support at Japan Air Base
South Korea’s Air Force aerobatic team, the Black Eagles, received refueling support at a Japan Air Self-Defense Force base. The Yomiuri Shimbun and other outlets reported that the team refueled Tuesday at the JASDF base in Naha, Okinawa. It was the first time the JASDF has provided refueling support to a South Korean Air Force aircraft. The aircraft departed from Wonju Air Base in Gangwon Province and arrived at Naha around 10 a.m., one after another. Pilots also met with JASDF personn
January 28, 2026