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Kim Se-jeong to Star in 'High School Queen' Set for 2027 Release Studio Dragon is set to produce the adaptation of the Naver Webtoon High School Queen.Scheduled for release in 2027, High School Queen follows Kim Cheong-ha, Joseons greatest warrior and queen, who awakens in the body of a high school girl victimized by bullying 400 years later. She uses her royal grace and martial arts skills to confront evildoers while seeking the dreams and love she could not achieve in her past life.The series is based on the Naver Webtoon High School Queen, written by Criti and illustrated by Nehae. Director Yoon Seong-sik, known for works like Gwigung, Mr. Queen, and Kakshi: The Story of a Hero, will helm the project, with the script penned by Lee Jeong-tae. Production is a collaboration between Studio Dragon, Mog Film, and Jaedam Media, and it will be released as a Tving original.Kim Se-jeong will portray Kim Cheong-ha, who awakens in the body of Kim Da-jin, a high school girl bullied at school. With the instincts of a queen and a warrior, she will confront those who have taken advantage of her.Kim Se-jeong expressed her excitement, stating, “I feel that this character encompasses various aspects of the roles I have played, and I am preparing with both excitement and pressure. The narrative and the joy of each episode are significant, so I am practicing a lot for acting and action.”She added, “I will do my best to bring great fun and emotion to viewers through the character Cheong-ha.”Bae Hyun-sung will play Seong Won-joo, a loyal bodyguard in love with Kim Cheong-ha, and Seong Si-woo, the ace of the kendo club. He will showcase contrasting charms as a devoted bodyguard in the past and a prickly kendo ace in the present.Bae Hyun-sung remarked, “The story, which blends action, romance, and fantasy, is intriguing and fun. Since it traverses between the past and present, I believe I can show various sides of myself, and I am looking forward to it.”Jo Han-kyul will take on the roles of King Lee Nyoung, the absolute power of Joseon, and the mysterious transfer student Lee Do-yoon. He will develop unpredictable relationships with Kim Cheong-ha and Seong Si-woo.Jo Han-kyul expressed his gratitude, saying, “I am honored and happy to be part of such a great work as High School Queen. I was thrilled to hear the casting news, and I am already looking forward to filming day by day. I will prepare hard to show a good performance, so please look forward to it and support me.”High School Queen tells the story of Queen Kim Cheong-ha, who crosses 400 years to bring order to a high school dominated by money and power while resolving unfinished ties from her past life. The blend of Joseon and 21st-century settings, along with the combination of action and romance, promises to be a highlight of the series.The production team at Studio Dragon aims to present a visual feast that captures the beauty and elegance of Korean culture while exploring the potential for global expansion of the IP through content planning and development.* This article has been translated by AI. August 1, 2026 06:0 -
South Korea to Import Argentine Crude Oil Starting Next Year The South Korean government will begin importing crude oil from Argentina next year. Following a pilot purchase by HD Hyundai Oilbank this year, both governments have agreed to support stable imports and gradually increase the volume. Wi Sung-lak, the National Security Office chief, revealed this information during a briefing in Buenos Aires on July 31. He stated, While the initial volume is not large, it marks an important beginning. Argentinas capacity for oil production and export is growing, indicating more opportunities for cooperation in the future. According to the government, domestic companies have conducted a pilot import of Argentine crude oil this year, with plans to commence regular imports next year. The two governments will continue discussions to ensure the scheduled oil imports proceed smoothly and to expand future purchase volumes. HD Hyundai Oilbank is the company that made the first purchase this year. In a written interview with the Spanish news agency EFE prior to a summit, President Lee Jae-myung noted that HD Hyundai Oilbank had purchased Argentine crude oil for the first time this year, amounting to approximately 880,000 barrels. However, it is yet to be determined if other domestic refiners will participate in next years imports. The governments focus on Argentine crude oil stems from its high dependence on the Middle East, from which South Korea imports about 70% of its crude oil. Instability in the Middle East or disruptions in the Strait of Hormuz could directly impact the countrys energy supply. Argentina can export oil via the Atlantic, making it less susceptible to major maritime chokepoints like the Strait of Hormuz and the Red Sea. Although the initial import volume is small, securing a new supply base in South America is significant for energy security, according to Wi. To manage follow-up actions from the summit, both countries agreed to reactivate the Energy Resource Cooperation Committee. This committee will focus on discussions not only about the import of Argentine crude oil but also on natural gas, nuclear energy, and key minerals such as lithium and copper. Wi emphasized, Securing diverse oil supply lines is the direction we must pursue following the situation in the Middle East, and we will strive to secure more Argentine crude oil. Additionally, a double taxation agreement was reached during the summit to reduce the tax burden on South Korean companies operating in Argentina. The two sides also agreed to promptly resume negotiations on the Korea-Mercosur trade agreement to enhance market access for South Korean businesses in South America. In particular, to expedite the entry of K-food into the Argentine market, both countries will discuss designating South Korea as Argentinas High Sanitary Surveillance Agency. Both nations will reactivate the Economic Joint Committee and the Energy Resource Cooperation Committee to manage the follow-up actions from the summit. The Economic Joint Committee will address trade and investment issues, while the Energy Resource Cooperation Committee will explore cooperation in lithium, copper, crude oil, gas, and nuclear energy. Furthermore, both countries will work towards the swift conclusion of a mutual recognition agreement for drivers licenses and expand cooperation in culture, education, and human exchanges. New collaborative projects in defense, space, Antarctica, and health will also be explored. Wi concluded, Both leaders shared a commitment to quickly deliver tangible results that the public can feel through efficiency and speed. August 1, 2026 04:2
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Muan County's Evolving Health Policies Focus on Prevention and Care Muan County in South Jeolla Province is transforming its health policies.Previously focused on disease detection and treatment, the county is now expanding its approach to include health risk assessments before illness, rehabilitation after disease, and preparations for end-of-life care.This shift is driven by rapid aging; in 2021, the proportion of residents aged 65 and older surpassed 20.3%, marking the countys entry into a super-aged society. The increasing number of elderly individuals and single-person households, along with rising chronic diseases such as hypertension and diabetes, has made it difficult to address local health issues with a treatment-centered healthcare model alone.For instance, the rate of hypertension diagnosis among residents aged 70 and older is 60.1%, significantly higher than the overall average of 28.7%. Similarly, the diabetes diagnosis rate stands at 29.6%, compared to the overall average of 15.7%.The focus has shifted from merely living longer to maintaining a healthy daily life, which has become a key issue for local health policy.In response, Muan County is strengthening an integrated health management system that connects frailty prevention, chronic disease management, disability rehabilitation, cancer patient support, and well-dying initiatives. This approach aims to enable residents to maintain a healthy life in familiar surroundings.Integrating Digital Technology into Home Health Visits for Early Health Risk DetectionAt the heart of Muan Countys health policy changes is the ICT Integrated Home Health Management Project.Previously, home health management involved nurses and therapists visiting the homes of seniors aged 65 and older to assess their health and provide tailored services. However, the limited workforce and the vast area they cover made it challenging to meet the growing demand for health management.To address this, Muan County has introduced an ICT integrated home health management system that combines traditional home visits with AI and IoT-based health management for seniors.This system evaluates frailty and digital literacy during home visits and, if necessary, connects residents with health monitoring devices like blood pressure monitors and activity trackers, empowering them to manage their health independently. This dual approach of in-person and remote health management enhances service sustainability and efficiency.This initiative aligns with the governments integrated support for community care and frailty prevention, marking a significant shift towards a preventive system that identifies health risks early to prevent frailty and chronic disease progression.As of June 2026, the Muan County Health Center is managing 1,715 residents through the ICT integrated home health management project, while also providing on-site services to check blood pressure, blood sugar, and overall health at senior centers and villages.Building on these achievements, Muan County was recognized as an excellent institution in the home health management sector of the integrated health promotion project strategy in 2025, receiving commendation from the Minister of Health and Welfare.Preventing Hypertension and Diabetes Starts with Knowing Your Vascular NumbersPreventing cardiovascular diseases is also a major focus of Muan Countys health policy.Cardiovascular diseases are leading causes of death in South Korea, with Muan County reporting a heart disease mortality rate of 75.5 per 100,000 people and a cerebrovascular disease rate of 50.4, ranking high after cancer, pneumonia, and frailty.However, the risk of cardiovascular diseases is no longer confined to the elderly. Factors such as Westernized diets, lack of exercise, obesity, and stress are contributing to rising rates of hypertension and diabetes among younger populations.According to the 2024 National Health and Nutrition Survey, the prevalence of hypertension increased by 0.9 percentage points among those aged 19-29, 1.8 points among those aged 30-39, and 2.7 points among those aged 40-49 compared to 2014. Similarly, diabetes prevalence rose by 0.9 points among those aged 19-29 and 2.0 points among those aged 30-39.Hypertension and diabetes can be effectively prevented or managed through regular monitoring of blood pressure and blood sugar, along with improvements in diet and exercise habits. Knowing ones blood pressure, blood sugar, and cholesterol levels is the first step in preventing cardiovascular diseases.To promote this awareness, the Muan County Health Center operates the Know Your Vascular Numbers campaign and health promotion booths at local festivals, universities, workplaces, and community centers.In collaboration with Mokpo National University, the county supports the formation and practice of healthy habits among young people through the 2030 Cardiovascular Disease Prevention and Management Program.In 2025, 4,032 residents participated in the campaign at 16 locations, and in the first half of 2026, over 1,000 people checked their blood pressure and blood sugar at three locations.This shift from seeking treatment only when health issues arise to fostering a culture of prevention, where residents actively monitor their health metrics and change their lifestyles, is gradually taking root in the community.Connecting Disability Health Management to the Community Beyond Medical InstitutionsCommunity-centered rehabilitation programs supporting the health and rehabilitation of individuals with disabilities are also being strengthened.According to data from the National Rehabilitation Center, the rate of general health checkups among people with disabilities is 12% lower than that of non-disabled individuals, and the cancer screening rate is 12.2% lower. However, the prevalence of chronic diseases such as hypertension, diabetes, and obesity is relatively high among this group.Individuals with disabilities often face challenges in accessing appropriate screenings and health management due to mobility issues and difficulties in reaching medical facilities, increasing the likelihood of worsening conditions or additional health problems.The Muan County Health Center is managing 293 registered individuals with disabilities, providing home visits, rehabilitation exercises, post-discharge consultations, and connections to medical and welfare resources, as well as rehabilitation programs.This support ensures that individuals with disabilities can continue their rehabilitation after returning home or preparing for discharge from medical facilities, facilitating their adaptation to daily life and social participation.Importantly, the health center collaborates with disability welfare centers, the countys social welfare department, local universities, and medical institutions to operate a community rehabilitation council that shares resources and information among participating organizations.This collaboration lays the foundation for a community rehabilitation system that supports not only the health management of individuals with disabilities but also their independent living and reintegration into society.The Muan County Health Center received recognition for these efforts, winning a commendation from the Minister of Health and Welfare at the 2026 Disability Health and Welfare Integration Performance Conference.From Cancer Screening to Recovery in Daily LifeCancer has long been the leading cause of death in South Korea. However, as of 2024, the cancer screening rate is around 60%, indicating that about four out of ten adults have not undergone screening in the past two years.Early detection is crucial for cancer, as it significantly increases the chances of successful treatment and survival, making regular screenings essential.The Muan County Health Center provides guidance on national cancer screenings for the six major cancers, including stomach, liver, colorectal, breast, cervical, and lung cancers, and offers financial support for screening costs.To enhance access to treatment for low-income cancer patients facing financial difficulties, the county provides medical expense support.Health management continues for cancer patients returning to the community after treatment. Support programs, including self-help meetings and craft activities, are offered to help cancer survivors achieve emotional stability and social support.As of May 2026, 2,733 residents of Muan County have participated in national cancer screenings, and medical expenses have been supported for 17 low-income cancer patients.The cancer management system is expanding beyond early detection to include screenings, treatment, financial support, and health management for home-based cancer patients, facilitating their return to daily life.Well-Dying: Preparing for the End of LifeWith the entry into a super-aged society, there is growing interest in how to prepare for the end of life.The culture of well-dying, which emphasizes respecting individual values and choices in end-of-life care, is gaining traction, moving beyond mere life extension.The Muan County Health Center promotes the well-dying culture by providing guidance on advance directives and how to prepare advance medical directives.Residents receive counseling and education to help them make informed decisions about end-of-life treatment and care.As of June 2026, 3,625 residents in Muan County have registered advance medical directives. In 2025, well-dying education was conducted for 293 individuals across seven institutions, and in the first half of 2026, 94 individuals received training at three institutions.The well-dying initiative is viewed not merely as education for preparing for death but as a health policy centered on self-determination, helping individuals maintain dignity and make their own choices until the end of their lives.The Power of Living Healthily in the CommunityMuan Countys local health initiatives are evolving beyond the limited roles of disease treatment and medical expense support.The focus is now on early detection of frailty, prevention of chronic diseases, support for rehabilitation and reintegration of individuals with disabilities, and accompanying cancer patients through treatment and into dignified end-of-life care.In a super-aged society, the role of local health services cannot be confined to connecting sick residents with treatment facilities.The new standard for local health policy is to enable residents to manage their health where they live, receiving medical, rehabilitation, and care support as needed while maintaining dignity until the end of their lives.Muan County plans to continue expanding preventive services that combine home health management with digital technology and strengthen connections among medical, welfare, and rehabilitation institutions to enhance a resident-centered integrated health management system.Lee Haeng-sook, head of the Muan County Health Promotion Division, stated, “In the future, local health initiatives must develop into a system that organically connects disease treatment with prevention, health management, rehabilitation, and care. We will continuously strengthen tailored health management services throughout the life cycle so that every resident can lead a healthy and dignified life in their community.”* This article has been translated by AI. July 31, 2026 19:16
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Mokpo City Advances National Port Development Plans to Boost Marine Logistics and Offshore Wind Industry Mokpo City is accelerating its efforts to establish a future growth foundation for marine logistics and the offshore wind industry in the southwestern region by incorporating key proposed projects into the governments national port development plan.On July 31, Mokpo City announced that many of its core projects, which it has continuously proposed, have been included in the Fourth National Port Basic Plan Revision (2026-2030) recently confirmed and announced by the Ministry of Oceans and Fisheries.The basic port plan is a top-level statutory plan that outlines the long-term development direction and investment plans for national ports, serving as a critical standard for determining future national budgets and port development directions.Mokpo City has consistently advocated for the necessity of major projects, including the expansion of the offshore wind industry base, enhancement of port functions, and development of hinterland, in close cooperation with the Mokpo Regional Maritime Affairs and Fisheries Office. The inclusion of these projects in the revised plan provides a driving force to strengthen the future competitiveness of Mokpo Port.The plan includes the construction of a 30,000 DWT steel wharf (79.7 billion won) and a 30,000 DWT multipurpose wharf (79.7 billion won) to enhance support for the offshore wind industry.Additionally, the plan incorporates the construction of a 1,200-meter embankment for the second dredged soil disposal site (45.7 billion won) and a 60-meter expansion of the car terminal (19.9 billion won) for the third phase of the Mokpo New Port hinterland development.Strengthening Function as an Offshore Wind CenterWith the inclusion of this plan, Mokpo City aims to develop Mokpo New Port into a key hub for the domestic offshore wind industry.In particular, the inclusion of the ongoing Sewol ferry hull treatment project (tentatively named the National Sewol Ferry Life Memorial Hall) in the national plan is expected to further expand the offshore wind support functions if the hull relocation is pursued.With the addition of new steel and multipurpose wharves to the existing two offshore wind support berths, the foundation supporting the entire process of the offshore wind industry, including equipment manufacturing, assembly, transportation, installation, and operation and maintenance (O&M), is expected to be significantly strengthened.Mokpo City views this as a strategic infrastructure that enhances the national offshore wind supply chain competitiveness, going beyond mere port facility expansion.Expanding Passenger Functions and Promoting Urban Port RegenerationThe construction of a 30,000-ton passenger terminal in Mokpo Ports inner harbor, aimed for completion by the end of this year, is also progressing smoothly.Once the passenger terminal is completed, it is expected to improve the docking capacity for large passenger ships and respond more reliably to the increasing demand for marine passenger transport.Additionally, small-scale port regeneration projects utilizing aging port spaces will be pursued.The city plans to create a complex marine cultural space that integrates tourism, culture, and commerce while maintaining the ports original functions, thereby establishing a new urban regeneration model where the port and city coexist.Fostering an Eco-Friendly Marine Industry Centered PortMokpo City will strengthen cooperation with relevant agencies, including the government, Jeonnam-Gwangju Integrated Special City, and the Mokpo Regional Maritime Affairs and Fisheries Office, to ensure that the projects reflected in the national plan are implemented without delay. The city also plans to continuously advocate for the inclusion of new projects necessary for regional development in the national plan.This strategy aims to expand the eco-friendly port infrastructure and develop into a future-oriented port city where the marine industry, logistics, and tourism grow together.Mokpo Mayor Kang Seong-hwi stated, The inclusion of this port basic plan revision marks a significant turning point in securing new growth engines for Mokpo Port. We will implement the projects reflected in the national plan without delay to develop Mokpo Port into a representative marine hub port in the southwestern region, harmonizing logistics, industry, and tourism, as well as an East Asian maritime hub.Meanwhile, the Ministry of Oceans and Fisheries Fourth National Port Basic Plan Revision outlines the development direction and investment plans for major ports nationwide from 2026 to 2030, serving as a key policy standard for future port infrastructure expansion and regional balanced development.* This article has been translated by AI. July 31, 2026 18:48
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Gwangju, South Korea, Prepares for World Gimbap and Salt Festival The Gwangju Metropolitan City is ramping up preparations for the 2026 World Gimbap and Salt Festival, set to take place in Yeosu this October.On July 31, Gwangju officials held a kickoff meeting at the Muan Government Complex to discuss the events basic direction and detailed plans.Attendees included Gwangju officials, event organizing agencies, and field experts, who collectively reviewed the layout of the venue, core program operations, promotional and marketing strategies, visitor amenities, and safety management measures.This years festival, themed ALL RIGHT! will run from October 9 to 11 at the Yeosu Expo Convention Center. It aims to create an experiential festival centered around Gwangjus signature foods and solar salt, attracting both domestic and international tourists.The event will feature exhibitions showcasing the history and culture of gimbap and salt, tastings of gimbap made with local specialties, a global gimbap competition, DIY solar salt classes, and storytelling sessions about salt throughout history.The venue will be organized into themed zones, including a Gimbap Zone, Solar Salt Zone, Performance Zone, Market Zone, and Healing Zone, allowing visitors to enjoy food, performances, experiences, and relaxation in one space. The festival is also designed to promote local agricultural and fishery products, contributing to the revitalization of the regional economy.Gwangju officials aim to use this festival to promote the citys clean seafood, solar salt, and local food culture to both domestic and international audiences, establishing it as a key autumn tourism event for Yeosu.Son Yeong-gon, head of the Gwangju Fisheries Distribution and Processing Division, stated, Gimbap and salt are competitive content that can showcase Gwangjus clean seafood and food culture to the world. We will ensure thorough preparations to make this a world-class festival that combines local flavors, beauty, and stories.Additionally, Gwangju plans to enhance the programs quality by incorporating expert feedback and operational strategies presented during the kickoff meeting, while also developing transportation, safety, and visitor convenience measures as part of the event preparations.* This article has been translated by AI. July 31, 2026 17:56
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Chinese Stock Market Rebounds Amid Easing AI Investment Concerns After a decline the previous day, the Chinese stock market rebounded on July 31 as concerns over overheating in AI investments eased, leading to a surge in buying activity.On this day, the Shanghai Composite Index closed up 0.72% at 3,832.26, the Shenzhen Component Index rose 2.21% to 13,578.93, and the ChiNext Index increased by 3.06% to 3,343.96.Strong earnings and positive outlooks from major U.S. tech companies like Amazon and Microsoft have alleviated recent concerns regarding the profitability of AI investments, resulting in a significant influx of buying.Additionally, news that the Purchasing Managers Index (PMI), a key economic indicator, had worsened was perceived positively by the Chinese stock market. The National Bureau of Statistics of China announced that the manufacturing PMI for July was 49.2, marking a five-month low and falling significantly below market expectations. This has led to predictions of further economic slowdown in China.However, the decline in manufacturing PMI is expected to prompt the Chinese government to implement stimulus measures, which the market views as a positive development. Analysts anticipate that China will introduce additional stimulus packages and that the Peoples Bank of China may lower interest rates in the second half of the year.In a report, Zhao Shang Securities noted that the phrase restoring resilience and confidence in the capital market was mentioned during the Politburo meeting held on July 30, indicating a likely strengthening of market stabilization measures in the second half of the year. The meetings clear shift towards a more proactive policy direction is also seen as a positive sign.On this day, stocks related to AI applications saw significant gains, with companies like BlueFocus Communication Group, Yidian Tianxia, and Longxin Culture hitting their daily price limits.According to OpenRouter, in June, Chinas AI models surpassed U.S. models in global market share. As of June 26, Chinese AI models held a 63.5% share compared to just 35.5% for U.S. models over the previous 28 days.Humanoid-related stocks also performed well, with companies like Zhongdali De and Fenglong Guofen reaching their daily price limits.News that Chinese humanoid startup Yushukeji is nearing its IPO has also contributed to positive sentiment. Yushukeji announced that it will conduct a preliminary demand survey for its listing on August 5, with the subscription date set for August 10. There are already expectations of a large number of subscription applications.On this day, the Peoples Bank of China set the yuans daily reference rate against the dollar at 6.7894 yuan, an increase of 0.0002 yuan from the previous day, reflecting a 0.003% decline in the yuans value.* This article has been translated by AI. July 31, 2026 16:08
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Hanmi Pharmaceutical's Pyeongtaek Bio Plant Achieves Top Safety Rating for Second Consecutive Time Hanmi Pharmaceuticals Pyeongtaek manufacturing center, a global biopharmaceutical production base, has received the highest rating in the Process Safety Management (PSM) evaluation conducted by the Ministry of Employment and Labor. The Pyeongtaek facility is a key site for producing the obesity treatment drug efegleneratide, which is set to launch in the second half of this year, and has once again been recognized by the government for its safety management system and capabilities.On July 31, Hanmi Pharmaceutical announced that its Pyeongtaek manufacturing center achieved the top rating of P grade in the regular PSM evaluation conducted by the Ministry of Employment and Labor this year.Following its initial P grade in 2022, the Pyeongtaek manufacturing center has maintained this top rating, becoming the first in the pharmaceutical and biopharmaceutical industry to achieve a consecutive P grade.The PSM evaluation is a system that comprehensively assesses the safety management level of workplaces handling hazardous materials and equipment to prevent major industrial accidents. Based on the evaluation results, ratings are assigned as P (excellent), S (good), M+ (average), and M- (poor).The P grade signifies the highest level of safety management recognized by the government. As of 2025, only 26 out of 614 workplaces in the metropolitan area have received this rating, reflecting the strict evaluation criteria that require a stable autonomous safety management system to be in place throughout the facility.The Pyeongtaek manufacturing center has continuously operated its safety management system, focusing on advanced risk assessments, proactive identification of hazardous factors, enhanced on-site safety activities, and the promotion of a safety culture. It received high marks for successfully establishing the PSM system through employee participation in preventive safety management activities.By maintaining the P grade, the Pyeongtaek manufacturing center has been recognized as a facility where an autonomous safety management system, from risk identification to preventive and improvement activities, is firmly established across the organization.Hanmi Pharmaceutical is continuously strengthening its environmental, health, and safety (EHS) management systems, particularly at its key sites, including the Pyeongtaek and Palttan manufacturing centers. The company stated that it is securing a global-level safety management system and production competitiveness through data-driven safety management activities and a preventive-focused operational system.Kim Se-gwon, head of the Pyeongtaek manufacturing center at Hanmi Pharmaceutical, stated, Achieving the PSM top rating for the second consecutive time is the result of all employees prioritizing safety as the foremost value and consistently practicing it. We will continue to strengthen proactive risk management and systematic safety management activities to create a zero-accident workplace and enhance our global competitiveness based on a safe production environment.Meanwhile, Hanmi Pharmaceutical reported preliminary consolidated results for the second quarter of 2026, with sales of 467.2 billion won and an operating profit of 131.1 billion won.* This article has been translated by AI. July 31, 2026 15:56
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Hanwha Aerospace: Daejeon Incident's Impact on Q2 Results Limited Hanwha Aerospace stated during its second-quarter earnings conference call on July 31 that the Daejeon incident had a limited impact on its Q2 results, although some revenue was deferred due to the suspension of operations. The company emphasized its commitment to normalization efforts.Additionally, the company expressed that it is taking the incident very seriously and has established a Safety Culture Innovation Committee to systematically review and improve safety measures.* This article has been translated by AI. July 31, 2026 14:28
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Preparations Underway for World Youth Day in Seoul with Shilla Stay Partnership The 2027 World Youth Day (WYD) in Seoul is ramping up preparations to welcome hundreds of thousands of pilgrims from around the globe. The organizing committee is establishing a partnership with a leading domestic hotel brand to ensure a solid foundation for the international event, particularly in the crucial area of accommodation.On July 30, the organizing committee, chaired by Archbishop Jeong Soon-taek, announced that it signed a memorandum of understanding (MOU) with Shilla Stay, a premium business hotel brand under Hotel Shilla, for accommodation and event operations.This agreement goes beyond a simple room supply contract; it establishes a public-private partnership aimed at ensuring the stable operation of the international event. It is particularly significant as it lays the groundwork for bishops, church leaders, and other dignitaries visiting from around the world to have a comfortable and safe stay during the event.Under the agreement, both parties will closely collaborate on various aspects during the main event in August 2027, including accommodation and event operations for key figures, access to rooms, meeting spaces, and facilities, priority room and event space reservations, and food and beverage services for participants.The World Youth Day is not just a religious event; it is a large-scale international gathering that mobilizes the host citys tourism, accommodation, transportation, and cultural capabilities. Host countries have utilized the event as an opportunity to enhance their national image by preparing hotels, transportation networks, volunteer services, and medical systems years in advance.Seoul is expected to welcome not only international pilgrims but also officials from the Vatican, bishops from around the world, religious orders, and journalists, making the establishment of international-level accommodation services a critical task.The organizing committee plans to expand collaborations with various hotels, businesses, and institutions to systematically improve the conditions for participants stays. They aim to realize the vision of a Welcoming Seoul by broadening cooperation with the private sector in areas such as accommodation, transportation, food services, and cultural experiences.Kim Nam-kyun, the secretary general of the organizing committee, stated, As the 2027 World Youth Day is an international event welcoming youth from around the world, a stable accommodation environment and attentive hospitality are of utmost importance. We will ensure that participants can stay safely and comfortably through our collaboration with Shilla Stay.Park Sang-oh, CEO of Shilla H&M, remarked, Based on our accumulated service experience in welcoming domestic and international customers, we will provide the best resting space for youth from around the world. We will work closely with the organizing committee until 2027 to ensure that the World Youth Day becomes an international festival that conveys inspiration and hope, leaving a lasting impression.Accommodation as the Invisible Competitiveness of International EventsThis agreement is significant as it establishes the accommodation system, a key infrastructure for international events, rather than just a hotel usage contract. Understanding why the accommodation agreement is considered a crucial key to the success of the World Youth Day is essential.In international events, accommodation holds more significance than merely being a place to sleep. As participants spend the most time in their living spaces, the first impression of the event and the citys image are often determined by the accommodation services.Particularly for international events like the World Youth Day, which may involve a papal visit, it is necessary to meet the accommodation needs of various tiers, including heads of state, bishops from different countries, VIPs, and general pilgrims. Therefore, host countries typically secure rooms and establish tailored service systems by signing agreements with hotels years in advance.The MOU signed with Shilla Stay is not just a simple accommodation contract; it marks the first step in building the infrastructure needed to prepare for a global international event. As private sector cooperation expands into areas such as aviation, transportation, healthcare, culture, and tourism, preparations for the 2027 World Youth Day in Seoul are expected to gain further momentum.* This article has been translated by AI. July 31, 2026 12:52
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South Korea and Vietnam Collaborate on Development Goals South Korea has expressed its commitment to share development experiences to support Vietnams medium- to long-term national development goals. During a meeting with Kim Yoon-deok, the Minister of Land, Infrastructure and Transport, General Secretary and President Nguyen Phu Trong proposed expanding cooperation in the fields of economy, investment, science and technology, and infrastructure, based on the two countries comprehensive strategic partnership.On July 30, local media reports from Vietnam, including Lao Dong, indicated that General Secretary Trong welcomed Minister Kim during his visit to Vietnam. He expressed hope that this visit would contribute to the development of economic cooperation and the comprehensive strategic partnership between Korea and Vietnam.During the meeting, General Secretary Trong requested that Minister Kim convey his regards to President Lee Jae-myung. He expressed optimism that under President Lees leadership, South Korea would achieve even greater successes in the future.General Secretary Trong also expressed satisfaction with the recent tangible results in the bilateral relationship. He emphasized that Vietnam values its relationship with South Korea and hopes to further strengthen the comprehensive strategic partnership in politics, economy, trade, investment, science and technology, culture, and people-to-people exchanges.The trade target between the two countries was also reiterated. General Secretary Trong emphasized the need to achieve the trade volume target of $150 billion (approximately 215 trillion won) by 2030 in a balanced and sustainable manner. He expressed hope that South Korea would continue to participate in the implementation of Vietnams future strategic development goals.Discussions on Cooperation in Infrastructure, Renewable Energy, and ShipbuildingThe Vietnamese side positively evaluated the inter-ministerial cooperation between the two countries. General Secretary Trong welcomed the close collaboration between the Vietnamese Ministry of Construction and the South Korean Ministry of Land, Infrastructure and Transport, suggesting that both sides strengthen experience sharing and expand practical cooperation.Areas of cooperation included infrastructure construction, renewable energy, shipbuilding technology, and advanced human resource development. General Secretary Trong explained that these areas are priorities for Vietnam in this new era.Minister Kim conveyed President Lees regards to General Secretary Trong and the senior leadership of Vietnam, congratulating them on the significant achievements in recent social and economic development.Minister Kim expressed confidence that under General Secretary Trongs leadership, the Vietnamese people will continue to achieve new successes. He expressed belief that Vietnam will realize its goal of becoming a developing country with a modern industrial base by 2030 and a high-income developed country by 2045.On this day, Minister Kim also delivered a letter from President Lee Jae-myung. In the letter, President Lee expressed his intention to further develop the cooperative relationship between the two countries.The letter indicated that South Korea is ready to share its development experiences in areas where it has strengths and that Vietnam needs. It also included the commitment that South Korea will be one of the reliable partners in the process of implementing Vietnams national development goals.This meeting took place amid a trend of expanding economic and industrial cooperation based on the comprehensive strategic partnership between South Korea and Vietnam. Both sides confirmed their willingness to expand cooperation in areas that connect Vietnams development goals with South Koreas experiences.* This article has been translated by AI. July 31, 2026 11:08
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South Korea opens door to three more tech firms on KOSDAQ SEOUL, July 31 (AJP) — South Korea moved three more technology companies a step closer to the stock market after the Korea Exchange approved their preliminary applications for a KOSDAQ listing. The Korea Exchange's KOSDAQ Market Division said Thursday that Melcon, a manufacturer of precision temperature and humidity control equipment, Lablup, an artificial intelligence infrastructure software developer, and MBD, a medical device company, had passed the exchange's listing eligibility review after approval by the Kosdaq Listing Committee. The companies will now move forward with initial public offering (IPO) procedures ahead of their market debut. Founded in 2003, Melcon makes temperature and humidity control equipment used in semiconductor and display production. The company supplies its equipment to major semiconductor manufacturers worldwide. It reported 41.8 billion won ($30.1 million) in revenue and 6.16 billion won in operating profit last year. The offering will be led by Daishin Securities, one of South Korea's leading securities firms. Lablup, established in 2015, develops software that helps companies build, manage and deploy artificial intelligence (AI) applications by simplifying AI infrastructure and computing resources. Its platform is designed to support users ranging from small development teams to large organizations running extensive AI systems. The company posted 6.72 billion won ($4.8 million) in revenue and 679 million won in operating profit last year. NH Investment & Securities, another major South Korean brokerage is leading its IPO process. Medical device developer MBD also secured preliminary approval despite remaining in the red, underscoring the junior market's efforts to support growing companies. Founded in 2015, the company develops 3D cell culture platforms that use patient-derived tumor cells to support cancer research, drug development and treatment testing. The technology is designed to help predict how patients will respond to cancer therapies while reducing reliance on animal testing in preclinical research. It reported 1.52 billion won ($1.1 million) in revenue and an operating loss of 5.63 billion won last year. Hana Securities is serving as the lead manager for the offering. July 31, 2026 09:58 -
Samyang Foods joins culture ministry to lure Buldak fans to Korea SEOUL, July 31 (AJP) - South Korea's culture ministry announced it would sign a memorandum of understanding with instant-noodle maker Samyang Foods to promote overseas tourism, seeking to convert the global appetite for Korean food into visits to the country. The Ministry of Culture, Sports and Tourism said Friday the deal is designed to channel the worldwide popularity of K-food into tangible travel demand, pairing Korean tourism advertising with Samyang's products and content across large-scale online and offline promotions. Under the agreement, consumers who encounter Samyang products at local retail channels around the world would be steered toward Korea's tourism appeal, with QR codes embedded in Buldak stir-fried noodles and sauce products linking to travel information and events. The partnership will debut at the "Love Korea 2026" in Bangkok from Aug. 21 to 23, where a dedicated space will offer noodle tastings alongside Korean cultural experiences and games. The two sides will also run a joint campaign linking their official online channels. "We expect the government's Korean tourism content and the private sector's overseas marketing capabilities to create a synergy that raises the national brand," Culture Minister Chae Hwi-young said, adding that he hoped the effort would help Korea emerge as an "irreplaceable travel destination" for the world. July 31, 2026 09:15 -
President Yoon Visits Argentina to Strengthen Mineral Supply Chains President Yoon Suk Yeol is set to engage in economic sales diplomacy in Argentina, the final stop of his South American tour, focusing on establishing supply chains for key minerals, including lithium, and resuming negotiations for the Korea-Mercosur trade agreement.On July 30, local time, President Yoon departed Santiago, Chile, for Buenos Aires, Argentina. This marks the first bilateral visit by a South Korean president to Argentina in 22 years, since Roh Moo-hyuns visit in 2004.On July 31, President Yoon will hold a summit with President Javier Milei to discuss advancing cooperation in economic security areas, including key minerals, energy, and food.A primary agenda item will be the lithium supply chain. Argentina ranks as the fourth-largest lithium producer globally and forms part of the lithium triangle alongside Chile and Bolivia.The government plans to establish a cooperative framework for the lithium supply chain during this visit. The strategy aims to connect Argentinas rich mineral resources with South Koreas advanced manufacturing capabilities in batteries and electric vehicles, facilitating resource development, processing, and production of materials and components.Given Argentinas role as a major supplier in energy and food, discussions are also expected to cover strategies for diversifying supply chains. The government intends to seek a mutually beneficial economic cooperation model that links resource acquisition with technology, investment, and local production.Resuming negotiations for the Korea-Mercosur trade agreement is another key topic for the summit. Argentina is a core member of Mercosur, the South American common market, alongside Brazil, Uruguay, and Paraguay.During a previous state visit to Brazil, President Yoon and President Luiz Inácio Lula da Silva initiated the resumption of Mercosur negotiations. The two countries agreed to form a working group to analyze trade opportunities and sensitivities, aiming to announce the resumption of negotiations at the Mercosur summit in December.In his meeting with President Milei, President Yoon aims to secure cooperation from Argentina to maintain the momentum for resuming negotiations established in Brazil. The government anticipates that resuming talks will enhance access for South Korean companies to the South American market and expand opportunities for Mercosur companies in the Asian market.The two leaders will also discuss cooperation in areas that can benefit citizens and businesses, such as defense, science and technology, Antarctic research, and cultural and educational exchanges. High-level exchanges and intergovernmental consultative bodies will be reactivated to support these initiatives.After the summit, President Yoon will meet with Buenos Aires Mayor Jorge Macri in the afternoon. He is expected to request the citys support and attention to ensure the safety and rights of the local Korean community.Approximately 23,000 Koreans reside in Argentina, making it the second-largest Korean community in South America after Brazil. The community has expanded its activities from clothing and manufacturing to various sectors, including economy, culture, and education.In the evening, President Yoon will hold a dinner meeting with local Koreans to listen to their concerns and expectations from the government. After concluding his schedule in Argentina, he plans to visit Frankfurt, Germany, to meet with expatriates.* This article has been translated by AI. July 31, 2026 09:12
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Korea's Lee heads for Argentina after state visit to Chile SEOUL, July 31 (AJP) -President Lee Jae Myung called Thursday for South Korea and Chile to transform mounting global economic uncertainty into an opportunity for deeper cooperation, urging the two countries to modernize their two-decade-old free trade agreement and broaden collaboration from critical minerals to advanced manufacturing and defense industries. Speaking at a Korea-Chile Business Roundtable in Santiago attended by business leaders from both countries, Lee said the changing global economic order made closer partnerships between Asia and Latin America more important than ever. "South Korea and Chile should turn today's turbulent global economic environment into a new opportunity for shared prosperity," Lee said. Lee described Chile as South Korea's first free trade agreement partner and a strategic gateway linking the Asia-Pacific region with Latin America. While Chile has emerged as one of the world's largest producers of lithium and copper — minerals essential for electric vehicles and clean-energy technologies — South Korea has established global leadership in batteries, advanced materials, automobiles, semiconductors and artificial intelligence, making the two economies highly complementary, he said. "The two countries are ideal partners," Lee said. He cited the joint venture between South Korea's LS Group and Chilean state-owned copper producer Codelco as a model for future cooperation, expressing hope that similar partnerships would expand. "If we combine our strengths, we can create remarkable synergies not only in critical-mineral supply chains and value creation, but also in advanced manufacturing and the defense industry," Lee said. The president also stressed that the Korea-Chile FTA, which entered into force in 2004 as South Korea's first bilateral trade agreement, should be upgraded to reflect new economic realities. "Twenty years ago, expanding agricultural and mineral trade was the main focus. Now it is time to broaden our partnership into future industries," Lee said, pledging government support for businesses from both countries. The business forum brought together 11 executives from each side, including POSCO Group Chairman Chang In-hwa, LS Chairman Koo Ja-eun and Korea Zinc Chairman Choi Yun-beom. Chile also used the occasion to call for deeper economic integration. Deputy Foreign Minister Patricio Torres said countries with trusted institutions and stable rules should strengthen cooperation and diversify markets amid rising global uncertainty. He also voiced support for South Korea's accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), saying membership would further reinforce the two countries' shared commitment to economic integration. Rosario Navarro, chairwoman of the Chilean Industrial Promotion Society, likewise urged both governments to accelerate negotiations to modernize the bilateral FTA, saying the agreement should be updated to reflect changing economic conditions. Lee Woo-hyun, chairman of the Korea-Chile Private Economic Cooperation Committee at the Korea Chamber of Commerce and Industry and vice chairman of OCI Holdings, said bilateral cooperation had already expanded beyond critical minerals into supply chains, artificial intelligence, digital industries and clean energy. Argentina visit shifts focus to lithium, Mercosur After concluding his Chile visit, Lee departed for Buenos Aires late Thursday to begin a three-day state visit to Argentina — the first by a South Korean president in 22 years. On Friday, Lee is scheduled to hold a summit with Argentine President Javier Milei, meet Buenos Aires Mayor Jorge Macri and attend a dinner with the Korean community. The presidential office said the visit aims to elevate cooperation with Argentina in economic security, particularly in critical minerals, energy and food supply. Argentina possesses the world's fourth-largest lithium reserves, and the two governments are expected to pursue a framework for long-term cooperation on lithium and other strategic minerals. As a founding member of Mercosur alongside Brazil, Argentina is also viewed as a key partner in Seoul's efforts to revive negotiations on a Korea-Mercosur trade agreement. The summit is also expected to cover cooperation in defense, science and technology, Antarctic research, culture and education, while restarting high-level bilateral consultation mechanisms to support broader government and business ties. Lee's meeting with Buenos Aires Mayor Macri will include discussions on support for the city's Korean community of about 23,000 people, the second-largest in South America. July 31, 2026 07:47 -
President Lee and First Lady Visit 'Korea Street' in Santiago President Lee Jae-myung and First Lady Kim Hye-kyung visited the newly designated Korea Street in Santiago, Chile, on July 30, where they engaged with the local Korean community and celebrated their long-standing efforts.Deputy Spokesperson Ahn Gyu-ryeong stated in a written briefing that the presidential couple warmly greeted compatriots and citizens during their visit to Korea Street.Korea Street is a 600-meter stretch located in the Patronato area, known for its concentration of Korean businesses and the Korean Association of Santiago. The designation was made by changing the name of an existing street.The initiative to create Korea Street was driven by the Korean Association of Chile and was realized after obtaining approval from local government and council. The designation process gained momentum during President Lees visit to Chile.During a dinner meeting with the Korean community the previous day, President Lee congratulated them on the establishment of Korea Street. The couple visited the site as preparations for the installation of new street signs were underway.At the location, compatriots and local residents waved flags and welcomed the presidential couple with shouts of “Welcome!” and “Hello!”The couple first visited the Korean Association of Chile, where they received explanations from President Ha Sang-wook about the associations activities, its security system, and the space used for overseas voting.They then walked through the street lined with Korean businesses, stopping at snack shops and barbecue restaurants. Diners stood up to high-five the couple and take commemorative photos.President Lee engaged with citizens, asking, “Is Korean food delicious?” and inquired about the local business conditions from Korean merchants.At a shop displaying a sign that read Pharmacy in Korean, they looked at Korean cosmetics and discussed the growing popularity of K-beauty in Chile. A pharmacy representative noted that the number of local consumers seeking Korean cosmetics has been steadily increasing.Throughout the street, citizens greeted them with “Welcome to Chile.” Some descendants of Koreans approached, saying, “My grandfather is Korean,” and requested photos. The presidential couple shook hands and took pictures with the citizens.The Patronato area is also home to Seoul Street, established in 2022. With the addition of Korea Street, this area has become a symbolic space showcasing the history of exchanges between Korea and Chile, as well as the settlement of the local Korean community.Deputy Spokesperson Ahn announced that the Korean Association of Chile plans to promote environmental improvement projects and create a Korean-themed street connecting Seoul Street and Korea Street, aiming to develop it as a local hub for introducing Korean culture, including K-food and K-beauty.* This article has been translated by AI. July 31, 2026 07:08