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Lessons from Centenarians: Exploring the Path to Healthy Longevity Based on discussions from the 30th International Centenarian Consortium (ICC), this article summarizes key achievements and future challenges in centenarian research for readers. The 30th International Centenarian Consortium (ICC), held from June 9 to 12 at the Well Park Hotel in Gochang, South Korea, reflected on the past 30 years of longevity research and looked ahead to the next 30 years. Since the first international gathering of centenarian researchers in Georgia, USA, in 1994, the ICC has evolved into a leading academic platform for global longevity research. This year was particularly significant as researchers from South America and Africa joined, marking the event as a truly international conference with participants from all six continents. On the final day of the conference, Park Sang-cheol, a distinguished professor at Chonnam National University who has led centenarian research in Korea for over 30 years, joined Tom Perls, a professor at Boston University and founder of the New England Centenarian Study, and Peter Martin, a leading authority on clinical aging trajectories at Iowa State University, for a special discussion titled Lessons from Centenarians. The participants noted that the focus of longevity research has shifted over the past 30 years from Why do some people live to 100? to How can we live healthily to 100? As the extension of healthy lifespan has become a critical issue in aging societies, centenarian research is evolving to propose strategies for healthy aging. From Why do people live to 100? to How can we live healthily to 100? Park Sang-cheol It is very meaningful that this years ICC is being held in Gochang, Korea, marking its 30th anniversary. I began my research on centenarians in Korea in 1995, when centenarians were a rare demographic phenomenon with few subjects to study. However, 30 years later, we are asking entirely different questions. We no longer ask Why do some people live to 100? but rather How can we live healthily to 100? The extension of healthy lifespan has become a new challenge for humanity. Tom Perls I completely agree. In the early 1990s, we focused on finding the causes of longevity. Now, the core goal of research is to discover how to live healthily for a longer time. Centenarians are no longer rare. With the arrival of aging and super-aged societies, centenarian research has become an essential foundation for designing future health strategies for humanity. Peter Martin I also want to highlight that the most significant achievement of this ICC is the shift from lifespan-centered research to healthspan-centered research. This represents the greatest progress made in longevity research over the past 30 years. Is Longevity Determined by Genetics or Environment? Park Sang-cheol In my long-term research on Korean centenarians, I developed the concepts of Longevity Index and Super Longevity Index. Analysis shows that longevity is generally higher in middle-altitude regions. However, when tracked over 20 to 25 years, longevity regions can change significantly. This cannot be explained solely by genetics. Various factors, including local environment, diet, community culture, healthcare access, and welfare policies, influence longevity. Tom Perls In contrast, I have studied centenarians from a genetic perspective. Findings from the New England Centenarian Study indicate that siblings of centenarians are much more likely to live long lives than the general population, with about 48% for males and 33% for females showing genetic influence. However, genetics alone cannot explain longevity. Recent studies suggest that when excluding external causes of death, genetics accounts for about half of lifespan variation. Ultimately, longevity results from the interaction between genetics and environment. Peter Martin I have been researching the area that connects both of your studies. My focus is on how genetics and environment interact within the human body. We utilized data from the Health and Retirement Study (HRS) to track the health trajectories of individuals living from 90 to 100 years old. The conclusion is clear: reaching 100 is not achieved overnight but is the result of a life shaped over decades. How Much Do Genes Explain Longevity? Park Sang-cheol Professor Perls raised an important question at this ICC: Why is centenarian genetics so challenging? Tom Perls The reason is that longevity is not a single-gene trait. Longevity involves thousands of genes working simultaneously. Centenarians have a similar level of disease-related genes as the general population. The difference lies in protective genes. Genes such as APOE2, FOXO3A, CETP, and SIRT6 play crucial roles in immune regulation, fat metabolism, and DNA repair. Another important fact is that the influence of genes increases with age. Genetic characteristics become more pronounced in super-centenarians aged 105 and older. Park Sang-cheol In Korean centenarian research, we have also found intriguing results. Dr. Yoon Sa-jungs research team discovered that the DNA repair gene BRCA1 is remarkably stable in Korean centenarians. Additionally, a specific deletion variant in the ORAI1 gene has been confirmed to reduce chronic inflammation. This could provide important clues to understanding inflammaging, a key mechanism of aging. Tom Perls The ORAI1 study was particularly impressive. It highlights the need to complement the genome standards that have been primarily built around Europeans. In the future, a pan-genome standard that integrates centenarian data from diverse ethnicities will be necessary. I believe Korean researchers are playing a significant leading role in this field. The Last Decade from 90 to 100 Peter Martin The most important finding from our research is morbidity compression. Individuals who are in good health at age 90 tend to maintain relatively good function at age 100. This means that delaying the onset of disease is more important than the disease itself. The key to healthspan is not a life without disease, but a life where disease starts later. Tom Perls This connects to the concept of resilience that I emphasize. Centenarians are not perfectly healthy individuals. Many centenarians experience dementia or frailty. However, they maintain their function and live longer. They possess an exceptional ability to endure illness. What Is It Like to Live to 100? Park Sang-cheol What surprised me most is how much the lives of Korean centenarians have changed over the past 25 years. In 2001, most lived with their children. However, by 2025, more than half are living independently. Many centenarians are actively engaging in social activities and interacting with their local communities. Peter Martin That change can be attributed to the power of social policy. Park Sang-cheol Indeed. Basic pensions, long-term care insurance, and tailored care services have transformed the lives of centenarians. However, more importantly, centenarians themselves are choosing active lifestyles. Walking, volunteering, religious activities, and cultural engagements have become part of their daily lives. Tom Perls Social connections are closely linked to biological health. Loneliness and isolation increase chronic inflammation and accelerate aging. Conversely, those living within a community tend to live longer and healthier lives. Practical Strategies for Healthy Longevity Park Sang-cheol So, what can the general public practice? Tom Perls Genetic research will ultimately lead to personalized preventive medicine. However, what can be practiced right now are healthy lifestyle habits. Exercise, balanced diets, maintaining a healthy weight, and forming social relationships are essential. Peter Martin And theres no need to think its too late. Even at 90, its not too late. Changes in healthy behaviors can be effective even at a very late age. Park Sang-cheol A study presented at this ICC by researchers from Hong Kong Polytechnic University illustrates this well. Just 12 weeks of lifestyle education significantly improved visceral fat and metabolic indicators. Healthy longevity is not solely a matter of advanced medical technology. It results from lifestyle, community, and ongoing self-management. Conclusion Park Sang-cheol After 30 years of researching centenarians, I have become convinced of one fact: centenarians are not extraordinary superhumans. They are the result of a long-term balance of genetics, environment, lifestyle, social relationships, healthcare, and welfare. Tom Perls There is no single secret to longevity. However, there is hope. We can slow the pace of aging and extend healthspan. Peter Martin That is why we conduct our research. To help more people reach 100 in health and dignity. Park Sang-cheol The slogan for the 30th ICC is Centenarians as Pioneers of the Well-Aging Era. Centenarians have already walked that path. Now, science is following in their footsteps to map out a future of healthy longevity for all humanity. If the past 30 years were about discovering centenarians, the next 30 years will be about realizing the wisdom they have imparted into the lives of all people.* This article has been translated by AI. June 13, 2026 09:12 -
The Transformative Power of Buddhism: Changing Lives and the World The greatness of religion cannot be measured solely by the depth of its doctrines. No matter how excellent the scriptures and philosophies may be, if they do not come alive in human life, history will not remember them for long. Conversely, if one persons life changes the fate of many and that spirit continues to resonate through the ages, it becomes a living religion. In this regard, Buddhism stands as one of the most successful spiritual revolutions in human history. It is not merely a religion that left behind theories of enlightenment but one that has produced individuals who practiced enlightenment in their lives. The enlightenment of a practitioner that began in a small kingdom in northern India 2,500 years ago continues to influence the spiritual world of billions today. The history of Buddhism is, therefore, the history of great individuals and a testament to the hope that humanity can change itself.The starting point of Buddhism is Siddhartha Gautama. Born a prince, he was in a position to enjoy all the wealth and glory of the world by the standards of his time. However, fundamental questions about human existence did not release him even within the high walls of the palace. Confronted with the unavoidable realities of aging, illness, and death, he left the palace at the age of 29 in search of answers to why humans suffer. His departure, leaving behind his wife Yasodhara and young son Rahula, was not merely a religious decision but a great adventure toward the truth of human existence. He experienced extreme asceticism for six years, reportedly surviving on just a grain of rice and a sesame seed each day. Ultimately, he realized that asceticism itself does not guarantee truth. Under the Bodhi tree, after meditating, he finally attained enlightenment. The greatness of Buddhism lies here: enlightenment is not a revelation bestowed by a deity but a state reached through human reflection and practice.After attaining enlightenment, Siddhartha Gautama returned to the world. He did not seek to become a king or a religious leader. Instead, he spent 45 years walking barefoot across India, meeting people from all walks of life. He preached to kings and beggars alike, offering teachings to both nobles and commoners. The rigid caste system that dominated Indian society at the time was insignificant in his eyes. His belief that humans should be evaluated by their practice and character rather than their birth was a revolutionary idea for that era. Thus, Buddhism can be seen as a declaration of human equality before being a religion.The greatness of Siddhartha Gautama is also evident in another aspect: he cultivated remarkable disciples. The Buddhist community was not an organization created by a single genius but a collective formed by practitioners with diverse talents. Sariputta, known for his wisdom, served as the spiritual pillar of the community with his exceptional logic and insight. Maudgalyayana, renowned for his supernatural powers, demonstrated the mystique and efficacy of Buddhism to the public. Upali established the order of the monastic community, while Buddhas foremost disciple, Ananda, devoted his life to serving Siddhartha Gautama and remembering his teachings. Many of the early Buddhist scriptures begin with the phrase, Thus have I heard, stemming from Anandas memory. Without Ananda, it would have been challenging for us to access Siddhartha Gautamas teachings as vividly as we do today.After Siddhartha Gautamas passing, Buddhism began to form a vast civilization beyond India. Among the figures that emerged during this process, Bodhidharma stands out as a symbolic presence. He is known for crossing from India to China and laying the foundation for Zen Buddhism. According to legend, he meditated facing a wall for nine years at the Shaolin Temple. The important aspect is not the duration but the spirit of thorough self-reflection he demonstrated. Bodhidharma taught that it is more important to look within oneself than to read many scriptures. His teachings of not relying on words and transmission outside the scriptures redirected religion from an obsession with texts and knowledge back to the path of living practice.The figure who completed Chinese Buddhism was Huineng, a poor woodcutter who had not received formal education. However, he realized that human nature is inherently Buddha. Huinengs emergence holds significant historical importance as it marked a turning point for Buddhism, transitioning from a religion of a few intellectuals to one of the common people. His teachings would later have a decisive influence on the Zen traditions in China, Korea, and Japan.In the history of Korean Buddhism, Wonhyo is an indispensable figure. He is one of the most beloved masters among Koreans. While on a journey to study in Tang China, he once drank water from a skull in a cave, which he initially thought was a cool and sweet spring water. This moment led him to a profound realization: it is not objects that determine the world but the mind. This is known as the enlightenment of everything is mind-only. After this, Wonhyo abandoned his studies in Tang and immersed himself in the lives of the people. He practiced Buddhism not just for the nobility and monks but for the common people. His life became the starting point of the most humanistic tradition in Korean Buddhism.Uisang was the figure who blossomed the Flower Garland teachings. The temple he founded, Beomeosa, remains a symbol of Korean spiritual culture today. Jinul of the Goryeo Dynasty sought to reconcile the conflicts between Zen and doctrinal teachings. Seosan Daesa of the Joseon Dynasty led monk soldiers during the national crisis of the Imjin War, and some believe that without him, the fate of Joseon would have been drastically different. This illustrates that Buddhism is not a religion that turns away from reality but one that acts for the community when necessary.In modern times, Buddhism encountered another giant: Han Yong-un. He was a monk, poet, and independence activist who uniquely connected the spirit of Buddhist compassion with the national liberation movement. As one of the 33 representatives of the March 1st Movement, he proclaimed the dignity and freedom of the nation even amid Japanese oppression. His poetry collection, Silence of the Beloved, is not merely a collection of love poems but an expression of deep longing for the homeland and freedom. He exemplified how Buddhism could embody a spirit of participation in reality.Reflecting on the history of Buddhism, it is clear that it is not merely a history of scriptures but a history of people. Siddhartha Gautama showed that humans can change themselves. Sariputta and Ananda systematized that teaching. Bodhidharma and Huineng opened the path of practice. Wonhyo and Uisang cultivated a uniquely Korean Buddhist culture. Jinul and Seosan Daesa demonstrated a Buddhism that acts in times of community crisis. Han Yong-un reinterpreted Buddhism in the spirit of freedom and independence.Even in an era where artificial intelligence is rapidly catching up to human intellectual capabilities, Buddhism remains significant for this reason. AI can compute but cannot feel compassion. AI can store information but cannot experience enlightenment. AI can execute logic but cannot question the meaning of human existence. Ultimately, what makes humans truly human is not technology but spirit, and Buddhism has explored this issue for 2,500 years.As we conclude the Buddhist segment of the Spiritual Asia series, we reflect again. Hinduism explores the origins of the universe, Daesonggyo investigates the relationship between the nation and heaven, while Buddhism delves into the deepest recesses of the human mind. However, the ultimate destination of these three religions is not different. It is the path to making humans freer, wiser, and kinder beings. The lights of compassion and wisdom illuminated by Siddhartha Gautama and countless great masters will continue to guide the path of human civilization for a long time to come. This is the greatest legacy Buddhism has left beyond Asia and the reason it remains alive even 2,500 years later.* This article has been translated by AI. June 13, 2026 08:54 -
Election Commission's Golf Practice Raises Trust Issues Amid Ballot Shortages Democracy begins with voting. Citizens delegate power through their votes, and the state secures legitimacy through procedures that respect those choices. Therefore, elections are the starting point of democracy, and trust in the electoral process is the most crucial pillar supporting it. Acceptance of election results ultimately relies on the belief that the electoral process was managed fairly and accurately. In this context, the recent ballot shortage during local elections is a serious issue that cannot be overlooked. Some polling stations experienced a lack of ballots, causing voters to wait for extended periods and leading to unprecedented chaos as voting hours were extended. Regardless of the political outcomes, the fact that citizens faced inconveniences in exercising their voting rights due to administrative shortcomings is a grave concern.Ballots are the most fundamental element of election management. This is not about advanced computer systems or complex legal interpretations. Predicting the number of voters and securing an adequate supply of ballots falls under the Election Commissions most basic responsibilities. The occurrence of such issues signals a need to examine not just operational errors but the overall organizational management and crisis response systems.Even more concerning is the publics perception of the incident. In recent years, the Election Commission has faced criticism over hiring controversies, issues of discipline, and various management failures. Each time, the Commission has described these as isolated incidents, but the public sees a recurring pattern. Trust in an organization does not collapse overnight; it erodes gradually as small disappointments accumulate and explanations turn into excuses.Recently, a controversy arose when it was revealed that an employee of the Daegu Election Commission practiced golf swings inside the office. The employee explained that it occurred during lunch break, and since an investigation is underway, it is unnecessary to overinterpret the situation. It is also inappropriate to evaluate the entire organization based on this incident.However, the emotions felt by the public are a different matter. As trust in the Election Commission wavers due to the ballot shortage, the revelation of this scene has led many citizens to express disappointment. The issue is not the golf club itself, but the timing of the incident. The public is observing how the organization is demonstrating a sense of urgency and responsibility following the failure in election management.Ultimately, the essence of this controversy is not about golf. It raises the question of whether the Election Commission is exhibiting the accountability and seriousness that meet the publics expectations.The Election Commission is not like ordinary administrative agencies; it is an independent body guaranteed by the constitution. Independence means managing elections free from political power. However, independence does not imply infallibility. In fact, independent bodies require a higher level of self-regulation and accountability. Unchecked independence can become a privilege, while accountable independence fosters trust.Discussions on reforming the Election Commission should start from this point. Reforms should not be based on political advantages or disadvantages but should focus on restoring public trust. It is not desirable to deny the existence of the Election Commission or approach it with conspiracy theories based on specific incidents. South Korean democracy must not veer toward such extremes.However, the Election Commission should not regard itself as untouchable. An independent body that fails to gain public trust struggles to justify its existence. It is essential to thoroughly investigate why the ballot shortage occurred, why the response on the ground was delayed, and whether the internal reporting and decision-making processes were appropriate. If necessary, an objective evaluation involving external experts should also be considered.Moreover, a digital transformation of the entire election management system is required. We are in an era of rapid advancements in AI and data technology. A scientific and systematic system must be established for predicting election demand, managing polling station operations, ensuring ballot supply, and responding to on-site situations. Explanations like there were more than expected are no longer acceptable when it comes to safeguarding citizens voting rights.Organizational culture must also change. The most important asset in public service is not authority but trust. Trust cannot be mandated by law; it is formed when members apply high standards to themselves. A commitment to managing oneself more strictly than the level expected by the public is necessary.South Korean democracy has grown through countless sacrifices and dedication. Citizens practice democracy on their way to the polls. Therefore, the Election Commission must do its utmost to ensure that each vote is cast without hesitation. That is the duty and reason for existence of a constitutional body.The foundation is trust. The principle is accountability. The common sense is that administrative convenience does not take precedence over citizens voting rights.The recent ballot shortage is not merely an administrative error. It is a test of whether the Election Commission can rebuild public trust. What is needed now is reflection, not defense, and reform, not explanation. The foundation of democracy is elections, and the foundation of elections is trust. This is why the Election Commission must undergo a transformation. * This article has been translated by AI. June 13, 2026 08:21 -
South Korea Positioned to Become an AI Full-Stack Nation, Says IITP Chief Hong Jin-bae South Korea is currently at the forefront of the artificial intelligence (AI) power competition. The United States, led by OpenAI, NVIDIA, and Google, dominates the AI ecosystem, while China is engaged in a national effort to catch up. AI has evolved beyond being merely a technological competition among companies; it has become a critical infrastructure that determines a nations economic strength, security, and industrial competitiveness. At the center of this transformation is not just AI models but also AI semiconductors, data centers, networks, cybersecurity, and talent. Ultimately, the competition in AI is not just about models but about ecosystems. Hong Jin-bae, the head of the Institute for Information & Communications Technology Planning & Evaluation (IITP), believes South Korea has a strong chance of success in this arena. An ICT expert with nearly 30 years of experience in information and communications policy, network policy, and cybersecurity policy, Hong has been overseeing AI and ICT research and development (R&D), AI semiconductors, and talent development at IITP. Throughout the interview, Hong emphasized, South Korea is one of the few countries equipped with AI models, semiconductors, data, networks, and talent. He stated that the current moment is a golden opportunity for South Korea as it transitions from generative AI to agent AI and physical AI. Below is a Q&A with Hong. IITP as a Facilitator of Digital Innovation To the general public, IITP may be a somewhat unfamiliar institution. What role does it play?We are responsible for R&D and talent development in the AI and ICT fields. We plan and evaluate R&D projects and support their entry into the market. We also play a role in discovering and nurturing core talent in AI and ICT. You referred to IITP as a facilitator of digital innovation.Technology is meaningless if it ends in the lab. It must reach the market. We plan challenging research and help it reach the market. Are there any representative examples?AI semiconductor NPU. In 2019, the concept of NPU was quite unfamiliar. However, we believed it would become an essential technology in the AI era. So, we proactively planned and supported it for six years. The situation has completely changed now.Yes. Companies like FuriosaAI, Rebellion, DeepX, and Mobilint have entered the mass production stage and are receiving global investments. A technology that no one paid attention to at the time has now become a core pillar of the AI semiconductor industry. The Real AI Revolution is Just Beginning The trend of generative AI continues. How do you view the current flow of AI technology?We categorize it into AX 1.0 and AX 2.0. AX 1.0 refers to generative AI like GPT, which assists human intellectual activities. What then is AX 2.0?Agent AI and physical AI. This is the stage where AI not only answers questions but also plans and executes tasks independently. Could you explain that more simply?Current AI answers questions. Future AI will perform tasks, manage schedules, create documents, and collaborate with other AIs to execute projects. What is physical AI?If agent AI operates in the digital space, physical AI operates in the real world. Robots are a prime example. AI will perform actual actions in manufacturing sites, logistics centers, and hospitals. Why is this important?Both share a commonality: they take action. This directly impacts productivity. I believe the AX 2.0 era will bring about much greater changes than AX 1.0. AI Sovereignty Must Be Secured The global competition for AI dominance is fierce. How do you view the issue of AI sovereignty?AI sovereignty must be secured. AI models are not just service technologies; they reflect a countrys culture, values, and mindset. So, it goes beyond economic issues?Exactly. There are economic implications, but there are also mental and cultural meanings. Therefore, unique AI models are important.Is it enough to just have the models?No, AI sovereignty cannot be secured with just one model. AI models, AI semiconductors, networks, and security must all be in place. Ultimately, it’s about the ecosystem.Thats right. We are moving into an era where it’s not just about selling one AI model but competing in AI ecosystems.South Korea Can Become an AI Full-Stack Nation How do you assess South Koreas AI competitiveness?I see a significant potential. In what ways?We have the capability to develop AI models. We also have AI semiconductors. We possess abundant data and strong networks. Does this include talent?Of course. Including talent, South Korea is one of the few countries that can become an AI full-stack nation. Recently, Jensen Huang and Yann LeCun have made similar remarks.Yes, foreign experts also highly evaluate the strengths that South Korea possesses. What is the most important factor?Connecting each strength. We need to integrate models, semiconductors, data, and networks into a single ecosystem. AI Semiconductors Are an Opportunity for Korea There is much talk about the importance of semiconductors in the AI competition.In the AI era, semiconductor competitiveness is crucial. What areas is IITP currently supporting?We are supporting AI-centric semiconductors and advancing NPU technology. Are there technologies you are preparing for after NPU?Technologies like CXL, DPU, and PIM. These may be somewhat unfamiliar to the general public.CXL is a technology for efficiently sharing memory. DPU reduces the burden on CPUs to enhance data center efficiency. What about PIM?PIM is a technology that integrates computing within memory. It allows calculations to be performed inside the memory without moving data around. Why is this important?It can significantly reduce power consumption. The key in the AI era is to achieve both high performance and low power consumption simultaneously. What future technologies are you looking at?Neuromorphic semiconductors, which mimic the structure of the human brain, are the next generation of semiconductors. AI Competition Ultimately Comes Down to Talent Ultimately, all technology is created by people, right?Absolutely. The importance of talent cannot be overstated. What kind of talent is needed?Three types: top 1% core talent, individuals who can lead AX in the industry, and general talent who can effectively utilize AI. How is IITP nurturing talent?We operate ten AI graduate schools and have established a graduate school for AI semiconductors. I heard you recently started an AX graduate school.Yes, we selected ten universities this year to cultivate talent that will lead the AI transformation in the industry. Innovation Cannot Happen Without Embracing Failure You have emphasized a research culture that allows for failure.Innovation is predicated on failure. Our society tends to be unforgiving of failure.Thats true. However, future technologies cannot be achieved without taking risks. Are there any examples?Look at the U.S. DARPA. Technologies like GPS and stealth were not guaranteed successes at first. Yet they invested in them.They encouraged the very act of trying innovative ideas. How is IITP approaching this?We operate an open feedback system where researchers, users, and investors evaluate together. Connecting research to the market.Exactly. Technology should not end in the lab; it must lead to commercialization. In the AI Era, Talent Should Be π-shaped Lastly, what advice would you give to young people living in the AI era?Back to Basics. That’s an unexpected answer.As AI advances, individual expertise becomes increasingly important. What kind of talent do you see as future talent?I call them π-shaped talent. What does that mean?It means to deeply acquire one area of expertise and one ability to utilize AI. So, AI won’t automatically develop skills for individuals?Exactly. The gap between those who can effectively utilize AI and those who cannot may actually widen. Ultimately, it’s about the need for continuous learning.That’s right. I study every day. In the AI era, no one can afford to stop learning. :Hong Jin-bae:Hong Jin-bae, head of the Institute for Information & Communications Technology Planning & Evaluation (IITP), began his public service career in the first cohort of the Ministry of Information and Communications and has spent nearly 30 years overseeing information and communications policy, network policy, and cybersecurity policy. He has served as the Director of Network Policy at the Ministry of Science and ICT and is currently responsible for AI and ICT R&D and talent development at IITP. He has contributed to the establishment of the domestic AI semiconductor ecosystem by supporting AI semiconductor NPU from its early stages and is actively engaged in nurturing future talent through AI graduate schools, AI semiconductor graduate schools, and AX graduate schools. Hong emphasizes that the AI competition is not just about models but about ecosystems, urging South Korea to leap forward as an AI full-stack nation.* This article has been translated by AI. June 13, 2026 07:48 -
President Lee: South Korea and Italy Are Optimal Partners for Innovation President Lee Jae-myung stated on June 12, local time, that South Korea and Italy are indeed optimal partners. During his state visit to Italy, he made these remarks at the Korea-Italy Business Roundtable held at a hotel in Rome, expressing a desire for both countries to navigate global economic uncertainties together based on their complementary cooperation. President Lee noted, The AI revolution is intensifying competition for technological supremacy, and the reconfiguration of supply chains is rapidly changing the international economic order. He added, As uncertainty increases, networks with reliable partners will determine corporate competitiveness and, ultimately, the industrial and technological competitiveness of the nation as a whole. He emphasized that collaboration between Italy, a stronghold of basic sciences with design capabilities, and South Korea, a leader in advanced manufacturing, could create synergies in designing new industrial orders and innovation ecosystems. He pointed out that Italy is South Koreas fourth-largest trading partner in the European Union, suggesting ample room for future trade and investment growth considering the economic scale and manufacturing capabilities of both nations. President Lee identified cooperation in strategic advanced industries such as AI, semiconductors, and aerospace as key tasks for future growth. He also highlighted the importance of building robust supply chains in energy and infrastructure to support these advanced industries. He remarked, Both countries have a very high mutual affinity for culture. This mutual appreciation will be a significant asset for cooperation between our nations, and expressed optimism about collaboration in consumer goods sectors such as biohealth, cosmetics, and food. Addressing the attendees, President Lee said, I am pleased to meet business leaders who play a pivotal role in the Korea-Italy relationship. The future of our industrial and economic development rests in your hands. I hope we can share experiences and wisdom felt on the ground and seize new opportunities for collaboration. He also expressed his happiness to discuss future cooperation in Italy, a country that has achieved a leap in civilization through the combination of art, science, creativity, and reason, stating, When we combine our hearts, I am confident that one plus one will not just equal two, but something greater. Notably, the event was attended by prominent figures from the Korean side, including Lee Jae-yong, chairman of Samsung Electronics; Koo Ja-eun, chairman of LS Group; Cho Hyun-joon, chairman of Hyosung Group; and other key business leaders from advanced strategic industries and manufacturing, such as Sung Kim, president of Hyundai Motor Company; Kim Dong-chun, president of LG Chem; Choi Soo-yeon, CEO of Naver; Moon Jae-young, president of HD Construction Machinery; and Kim Jong-chul, president of Korea Aerospace Industries (KAI).* This article has been translated by AI. June 13, 2026 03:18 -
Global Business Leaders Gather in Italy for Korea-Italy Roundtable Domestic aerospace and defense companies are expected to engage more actively with Italian firms in new industrial sectors.Italy, the worlds third-largest satellite launch country and a leader in aerospace, presents opportunities for joint ventures in the global satellite market.The Korea Economic Association hosted a Korea-Italy Business Roundtable on June 12 at the Westin Excelsior Hotel in Rome, in collaboration with the Italian Business Association. The meeting took place during President Lee Jae-myungs state visit to Italy and was attended by 42 participants, including senior government officials and business leaders from both countries.This meeting was significant as it aimed to solidify the cooperation agenda discussed during Italian Prime Minister Giorgia Melonis visit to Korea in January and expand it to the economic sector.Italy is a manufacturing powerhouse in Europe, actively enhancing its competitiveness in new industries such as biotechnology, pharmaceuticals, aerospace, and defense, beyond traditional sectors like clothing, fashion, and agriculture.The modernization of Italys power grid infrastructure, driven by the surge in AI data centers, is also expected to create more contracting opportunities.Notable attendees from Korea included Samsung Electronics Chairman Lee Jae-yong, LS Group Chairman Koo Ja-eun, and Hyosung Group Chairman Cho Hyun-joon, along with other key figures from major companies such as Hyundai Motor, LG Chem, Naver, HD Construction Equipment, and Korea Aerospace Industries (KAI). To foster cooperation in the expanding K-food and fashion sectors in Europe, Samyang Foods Chairman Kim Jung-soo and Fashion Group Hyungji Chairman Choi Byung-oh also participated.From the Italian side, high-ranking officials included Deputy Prime Minister and Foreign Minister Antonio Tajani, along with Giorgio Marciani, Vice President of the Italian Business Association and Chairman of aerospace company Sabelt, among other industry leaders.The roundtable also saw participation from major global companies in luxury and cosmetics, including the renowned sports car brand Ferrari and Kiko Milano, which operates over 1,000 stores worldwide, indicating strong interest in economic cooperation between the two nations.During the keynote session, representatives from both sides shared their insights. Ryu Jin, chairman of the Korea Economic Association, emphasized the synergy potential between Italy, a country known for its foundational contributions to modern science, and Korea, which boasts advanced manufacturing capabilities. He noted, This year, with two meetings between the leaders and the elevation of our relationship to a special strategic partnership, economic cooperation is entering a new phase, and proposed expanding collaboration across advanced industries such as AI, renewable energy, and aerospace.Ryu added, Just as all roads lead to Rome, I hope todays meeting paves the way for our economies to explore future opportunities and global markets together.Giorgio Marciani, Vice President of the Italian Business Association, highlighted the commonalities between Koreas entrepreneurial spirit and Italys family business culture, suggesting that both countries economies work together to create a long-term vision for advanced industry development.The roundtable addressed cooperation in three areas: strategic and advanced industries, energy and infrastructure, and promising future industries (biotechnology, pharmaceuticals, food, cosmetics).In the first session, companies like Samsung, Hyundai Motor, Naver, and KAI discussed ways to generate synergies in strategic and advanced industries, including semiconductors, AI, and defense. The domestic aerospace sector is reportedly expanding partnerships for joint market entry and next-generation component development based on the advanced technologies of both countries. KAI shared plans to combine satellite technologies with Thales Alenia Space Italy to jointly enter the global satellite export market.KAI is also actively pursuing technological development cooperation with Italy for the localization of the power transmission device for the Korean Utility Helicopter Surion.The energy and infrastructure session focused on cooperation opportunities between the two countries companies in response to the demand for Europes green energy transition and smart infrastructure modernization. LS Group, which became the first non-European company to win a contract with Italys state-owned transmission company Terna in 2014, recently secured an additional contract for an overhead transmission line project worth 80 million euros (approximately $140.5 million), continuing its success in the European power infrastructure market.LS shared plans to contribute to energy transition in Europe, centered around its research and development center in Italy.Following the diplomatic progress made since January, companies also commented on the improved trade environment. HD Construction Equipment expressed gratitude for the Italian governments recent removal of restrictions on EU production related to the super depreciation system, stating, We appreciate the efforts of both governments to improve the local market conditions for Korean machinery and equipment. We will continue to provide innovative products such as smart equipment and contribute to the development of the construction and infrastructure industries in both countries.The final session on promising future industries discussed collaboration across production, technology, and branding in high-value sectors such as biotechnology, cosmetics, and fashion. In the biotechnology sector, Italys competitive edge as a production hub, accounting for 23% of the European pharmaceutical and biotech contract development and manufacturing market, was highlighted. Korean biotech startup Cureverse shared its success in technology exports worth $306 million with Italian pharmaceutical company Angelini Pharma, outlining potential collaboration in developing and commercializing new treatments for difficult-to-treat brain diseases.In the cosmetics sector, Cosmax announced plans to lead the expansion of K-beauty in the European market by establishing a local production base through the acquisition of Italian ODM company Chemnova.* This article has been translated by AI. June 13, 2026 02:54 -
Kim Hye-kyung: World Youth Conference Should Embrace Young People Kim Hye-kyung held a meeting on June 12 in Rome with clergy preparing for the 2027 Seoul World Youth Conference, discussing the significance, expectations, and challenges of the event.During her state visit to Italy with President Lee Jae-myung, Kim visited the Korean Theological Seminary in Rome and stated, The Seoul World Youth Conference is a meaningful festival where young people from around the world, regardless of nationality, language, or culture, come together to share a message of peace and hope. I hope this event will be a warm time for South Korea to embrace young people from around the world as family and friendly neighbors.She recalled her own experience attending a large gathering at the age of 20, saying, I still remember the city and the prayer topics that were close to my heart.Kim expressed her understanding of the concerns raised by the clergy, noting, When foreign young people come to a place where they are not familiar with the language or culture, it is important for Korea to have a positive image.While she acknowledged that she does not directly oversee administrative matters, she promised to convey any difficulties or areas where government support is needed.The World Youth Conference is a large-scale Catholic event held every two to three years across different continents for youth pilgrimage and fellowship. The next conference is scheduled for August 2027 in Seoul, with Pope Leo XIV expected to attend.* This article has been translated by AI. June 12, 2026 23:33 -
Paris Baguette Expands Brand Experience Strategy with Unique Store in Jeju Jeju is gaining attention as a hub for brand experiences, moving beyond its status as a mere travel destination. Leading the charge are Paris Baguette, Nau Cafe, and Innisfree, which have introduced concept stores exclusive to Jeju, aligning with the local economy trend. According to industry reports on June 12, Jeju is recognized for its steady influx of visitors and extended stay durations, making it an ideal location for experience-centered consumption. The rise of a photo-sharing culture, particularly among younger generations, has made stores that offer unique experiences increasingly popular. The rarity of being able to experience something only in Jeju provides brands with a distinct marketing advantage. At the forefront of this trend is the Paris Baguette Jeju Donghwa Village store, which exemplifies Chairman Heo Young-ins strategy of enhancing brand experiences through regionally specialized concept stores. Opened last year in the Songdang Donghwa Village area of eastern Jeju, this store captures the natural beauty and mythology of the region. Its interior reflects Jejus natural elements, featuring volcanic rock and wood, with an open layout centered around large windows that create a relaxed atmosphere. The Paris Baguette Jeju Donghwa Village store is a standalone building with 101 seats. It emphasizes a nature-friendly design with abundant greenery and photo opportunities, transforming it into a space where customers can linger rather than just a place to buy bread. The menu also actively incorporates local economy themes. Notable items include the Omegi Rice Cake Stuffed Bread, which features a whole Omegi rice cake, the Sea Scented Focaccia made with olives and seaweed, and the Jeju Mongsaeng Sandwich, inspired by Jeju matcha and the local horse character. Previously, the Jeju Heart Sandwich, launched exclusively at Jeju Airport, became a must-have souvenir, showcasing the success of Chairman Heos regionally tailored strategy. Nau Cafe Jeju, operated by Black Yak Group, is another prime example of a Jeju-specific store. It features architectural designs that harmonize with Jejus natural scenery and offers food menus made with local ingredients, along with regionally limited products and Nau Home experiences, establishing itself as a must-visit location for tourists. Innisfree Jeju House is also noted for combining brand philosophy with local characteristics. Launched in 2013, it offers a space for a cafe, store, and experiences, creating a precedent for expressing the brands worldview through its environment. With a green tea field right in front, the structure integrates Jejus ingredients and naturalistic concepts, making it a popular destination for foreign tourists, often described as a place that demands half a day of a Jeju trip. An industry insider stated, Jeju is establishing itself as a space that can maximize brand experiences beyond being just a tourist destination. For companies, the ability to secure both local characteristics and rarity makes the strategy of specialized stores in Jeju likely to become more active in the future. June 12, 2026 17:18 -
Three Illegal K-Webtoon Sites Shut Down Through Korea-Vietnam Cooperation Through close international cooperation between South Korea and Vietnam, three illegal K-webtoon distribution sites have been shut down. On June 12, the Ministry of Culture, Sports and Tourism and the Vietnamese Ministry of Public Security announced the closure of these sites, which caused annual damages estimated at about 207.2 billion won, and the arrest of two operators. The illegal sites, identified as Hari***, Manhwa***, and Kun***, were confirmed to have been operated by Vietnamese nationals since January 2023. They illegally translated domestic webtoons into English and distributed them without authorization to users worldwide, including in Asia, North America, and Europe, generating revenue through banner ads on their sites. The total number of webtoons distributed illegally through these sites reached over 14,700, with K-webtoons accounting for approximately 70% of that total. The annual visitor count for these sites was reported at 1.1 billion, leading to an estimated annual loss of around 207.2 billion won for the industry. The Vietnamese Ministry of Public Security plans to proceed with prosecution once the investigation of the two suspects is completed. The Ministry of Culture, along with the Korea Copyright Protection Agency (Vietnam Office) and Naver Webtoon, intends to actively cooperate with the Ministry of Public Security to ensure a smooth copyright certification process for local prosecutions. Additionally, the webtoon industry is calling for a thorough investigation into the operators of illegal webtoon sites. The Korea Digital Content Creators Association (Hancong) and 134 authors affected by illegal distribution through Newtoki and Booktoki filed a criminal complaint with the police on June 11, coinciding with the extradition of the operator of Manamoa to South Korea, and held an emergency press conference. The complaint involved 134 authors who collectively experienced illegal distribution of webtoons and web novels through Newtoki and Booktoki. They urged the police to conduct a swift and thorough investigation into the Newtoki operator, as well as to clarify the relationships between Newtoki, Booktoki, and Manamoa, identify accomplices and facilitators, trace advertising revenue flows, investigate the structure of illegal gambling site inflows, and uncover potential money laundering activities. Minister Choi Hwi-young stated, We will continue to strengthen international cooperation to combat illegal distribution of K-content and solidify the foundation for overseas copyright protection, ensuring that K-content is recognized for its rightful value worldwide.* This article has been translated by AI. June 12, 2026 15:42 -
Vietnam Coach Kim Sang-sik Discovers Talents Ahead of 2026 ASEAN Cup Vietnam national football team coach Kim Sang-sik made an unexpected discovery at Nam Dinh Stadium. Instead of attending a match at Ninh Binh Stadium featuring key players from the national team, he chose to watch the game between Nam Dinh FC and Ho Chi Minh City Police FC, allowing him to assess the competitiveness and potential of players who have recently emerged as strong contenders. The Vietnam national team is currently preparing for the 2026 ASEAN Cup and the 2027 Asian Cup. On June 11, local time, the daily newspaper Culture and Sports reported that Coach Kim attended the match at Tien Truong Stadium to evaluate not only established players like Suan Son and Van Bi from Nam Dinh FC but also the rising talents from Ho Chi Minh City Police FC. The match proved to be a fruitful outing for Coach Kim. Selecting players for the national team is a critical task as Vietnam prepares for the upcoming tournaments, and new talents have been consistently emerging throughout the season. Among the teams, Ho Chi Minh City Police FC stood out as they have been recognized for making significant strides in the V-League towards the end of the season. Currently, Ho Chi Minh City Police FC has climbed to fifth place in the league and has reached the National Cup finals. Given the challenges and internal changes they faced during the season, their achievements have exceeded expectations. Their 4-2 victory over Nam Dinh FC showcased this transformation, with the team scoring four goals in the first half to effectively seal the match. Raphael Uchig opened the scoring, followed by goals from Mateus Felipe, Lee Williams, and Jia Bao, who netted a goal just before halftime, extending the lead to 4-0. Notably, the scoring was not concentrated among specific players. Contributions came from forwards and defenders alike, highlighting the team’s overall organization and balanced strength. If Coach Kim was searching for new resources for the national team, he certainly found noteworthy players. Jia Bao, in particular, made a strong impression. Having previously been selected for the national team under Coach Kim, he demonstrated stability in defense and scored a goal, showcasing his growth. He found the net against Nam Dinh FC goalkeeper Tran Nguyen Main, proving his competitiveness on both ends of the field. Lee Williams, a Vietnamese-American player, also caught attention with his scoring ability and active contributions that shifted the games momentum. With excellent physical attributes, aerial prowess, and a modern playing style, Williams is being considered as a potential attacking resource for the national team, especially if he completes his citizenship process in the coming months. In goal, Patrick Le Zhang reaffirmed his value. Although he conceded two goals, he made several crucial saves throughout the match, thwarting Nam Dinh FCs attacking efforts. Despite multiple scoring opportunities for Nam Dinh FC, Le Zhangs interventions were decisive. Having already obtained Vietnamese nationality, he is regarded as a strong candidate for the national team goalkeeper position. Meanwhile, Nam Dinh FC, led by coach Bu Hong Viet, suffered a painful defeat at home, concluding their season. Once considered a contender for multiple trophies, the team ended the season without lifting any silverware. Ultimately, one of the biggest beneficiaries of the match was Coach Kim, who gained valuable insights into the performance of existing national team players and the potential of those who have emerged strongly at the seasons end, providing essential data for future team selections.* This article has been translated by AI. June 12, 2026 15:30 -
BTS Concert in Busan: Government Prioritizes Crowd Safety The Ministry of the Interior and Safety held a safety management meeting on June 12, led by Kim Kwang-yong, as preparations were underway for the BTS concert in Busan. The BTS World Tour Arirang IN Busan concert is scheduled for June 12-13 at the Busan Asiad Main Stadium. This marks BTSs return to Busan for a performance after three years and eight months since their last concert in 2022. With a large number of domestic and international fans expected to gather at the venue, thorough preparations are essential to ensure safety and prevent any potential hazards. Prime Minister Kim Min-seok has emphasized the need for collaboration among relevant agencies, including the Ministry of the Interior and Safety, the Ministry of Culture, Sports and Tourism, and local governments, to ensure crowd safety during the event. During the meeting, Kim Kwang-yong reviewed safety management plans from various agencies and stressed the importance of establishing a cooperative system to prevent safety incidents caused by crowd congestion. He urged for proactive measures in case of emergencies. Following the meeting, he inspected the venue, including entrances, stages, and walkways, and called for the deployment of safety personnel and the installation of safety barriers in areas at risk of crowd-related incidents. Additionally, in anticipation of heat-related illnesses due to daytime temperatures, he requested adequate water supplies, shade structures, and the activation of emergency medical systems as heatwave countermeasures. The Ministry of the Interior and Safety will also dispatch on-site situation managers to various related event venues across Busan to ensure comprehensive crowd safety management. These managers will operate a real-time response system in collaboration with the city of Busan, police, and fire departments based on crowd density. Minister Yoon Ho-jung stated, The government prioritizes the safety of all visitors enjoying this concert and related events, and we will focus our efforts on crowd and heatwave safety management. We also ask visitors to demonstrate mature civic awareness and actively cooperate in maintaining order at the venue.* This article has been translated by AI. June 12, 2026 15:03 -
Naver and Krafton Partner to Enhance PUBG Esports Content Ecosystem Naver and Krafton are embarking on a long-term collaboration to expand the esports content ecosystem for PUBG: Battlegrounds. On June 12, Naver announced that it has signed a strategic memorandum of understanding (MOU) with Krafton to enhance the esports content ecosystem for PUBG. The two companies plan to establish a cooperative framework that combines the streaming platform Chijijik with the PUBG esports intellectual property (IP), integrating platform capabilities, game IP, and community strengths. Through this agreement, Naver aims to expand PUBG esports content based on Chijijiks streaming technology and community-focused viewing culture. The platform will broadcast PUBG esports tournaments and strengthen league partnerships, enhancing the live viewing experience while introducing differentiated content linked to streamers to broaden user engagement. The companies will also pursue joint promotions and branding utilizing the PUBG esports IP. They plan to increase content exposure in collaboration with major esports leagues and conduct user participation events both online and offline to strengthen connections with fans. Notably, this agreement will allow Chijijik streamers to create content tailored to their respective fan bases using the PUBG esports IP, thereby reinforcing the community-oriented viewing culture and revitalizing the streamer-centric content ecosystem. Shin Seul-ki, Navers leader of game content partnerships, stated, This collaboration will enhance user-centered esports viewing experiences by combining the global IP competitiveness of PUBG esports with Chijijiks streaming and community capabilities. We will continue to work closely with Krafton to create a differentiated esports content ecosystem where streamers, users, and game IP are organically connected.* This article has been translated by AI. June 12, 2026 13:03 -
Kim Yoon-ji Appointed Head of Korea Creative Content Agency The Ministry of Culture, Sports and Tourism announced on June 12 that Kim Yoon-ji, a senior researcher at the Korea Export-Import Banks International Economic Research Institute, has been appointed as the new head of the Korea Creative Content Agency. Her term will last for three years. Kim has worked at the Korea Export-Import Bank for 17 years, participating in numerous studies related to the content industry, including research on the economic impact of K-content exports and strategies for developing financial infrastructure to support global expansion of content companies. She is recognized for her high level of expertise across the content industry. A graduate of Seoul National University with a degree in anthropology, Kim joined the Korea Export-Import Bank in 2009. She has authored works such as Hallyu Exports, Hallyunomics, and Squid Game and the Content Revolution during her tenure as a senior researcher. In her research, Kim noted, The reason Korean dramas are trapped in profitability limits is that they have never penetrated distribution networks directly. She emphasized that, similar to K-pops efforts to explore various revenue sources like merchandise, the content industry must also focus on enhancing profitability. Minister Choi Hwi-young stated, This is a crucial time for K-content to expand beyond global success into K-culture, laying the groundwork for sustainable growth. I expect the new head to enhance the competitiveness of K-culture and lead a new leap forward based on her expertise and insights into the content industry.* This article has been translated by AI. June 12, 2026 11:57 -
Italy honors Lee with highest state decoration SEOUL, June 12 (AJP) - Italy rolled out a red carpet and gave some of its highest state honors to President Lee Jae Myung during his state visit on Thursday, highlighting deepening ties as the two countries upgraded their relationship to a special strategic partnership and expanded cooperation in technology, defense, and trade. Lee received the Knight Grand Cross of the Order of Merit, Italy's highest-ranking state decoration, typically awarded to foreign heads of state and individuals deemed to have made exceptional contributions to Italy. It marked the first time since taking office that Lee has received such a state honor from a foreign government. The ceremonial welcoming event began even before Lee landed in Rome. Two Italian fighter jets escorted South Korea's presidential aircraft after it entered Italian airspace, a gesture reserved for visiting heads of state. "This was not a courtesy extended to [Lee] personally, but to [South] Korea and the Korean people," Lee wrote Thursday on X, formerly Twitter, after sharing footage of the escort flight. He described it as a sign of respect for "a leading democracy, an efficient nation and a global cultural power built by the great people of Korea." The visit marked the first state visit by a South Korean president to Italy in 26 years and included summit talks with Italian President Sergio Mattarella. The two leaders agreed to elevate bilateral ties to a "special strategic partnership," citing growing cooperation in semiconductors, artificial intelligence, aerospace, energy, biotechnology and defense industries. Lee said South Korea and Italy had built "142 years of trust" since establishing diplomatic relations and noted that Italy is South Korea's fourth-largest trading partner within the European Union, while South Korea ranks as Italy's fourth-largest trading partner in Asia. The trip also carried personal and political significance. Lee is scheduled to meet Italian Prime Minister Giorgia Meloni on Friday, marking their third meeting. The two first met on the sidelines of the U.N. General Assembly in New York in 2025 and held bilateral talks in Seoul in January, when Meloni became the first Italian prime minister to visit South Korea in 19 years and the first European leader to visit the country since Lee took office. Officials from both countries have increasingly portrayed the relationship as one extending beyond economics and security. During her January visit to Seoul, Meloni highlighted growing cultural exchanges between the two nations. Italian media and Korean officials have frequently noted her daughter's interest in K-pop, a reflection of the broader popularity of Korean culture in Italy. The strengthened partnership comes as Seoul and Rome seek closer coordination on advanced technologies and supply-chain resilience. Earlier this year, the two governments agreed to deepen cooperation in artificial intelligence, semiconductors, aerospace and critical minerals while expanding people-to-people exchanges and cultural ties. For Italy, one of Europe's leading manufacturing powers, and South Korea, a major technology exporter, the upgraded relationship reflects a shared effort to broaden strategic cooperation amid increasing geopolitical and economic uncertainty. National Assembly Foreign Affairs and Unification Committee member Rep. Kim Joon-hyung of the Rebuilding Korea Party, a former chancellor of the Korea National Diplomatic Academy, said, "There are so many areas in which South Korea and Italy can cooperate, including fashion, film, and culture." Indeed, during the summit, the two countries agreed to conclude a co-production agreement for films. Lee also said, "On the occasion of my visit to Florence on June 13, a memorandum of understanding will be signed between the National Museum of Korea and Italy's Uffizi Gallery." Kim added, "Italy is much more proactive toward South Korea." After concluding his schedule in Italy, Lee will visit the Vatican. There, he is set to attend a special Mass for peace and solidarity and meet with Pope Leo XIV to exchange messages praying for peace around the world and on the Korean Peninsula. The final leg of his European tour will be attendance at the Group of Seven (G7) Summit. Lee will travel to Évian, France, to attend the G7 gathering on June 16–17, where he will take part in leaders' discussions on issues such as reducing global imbalances and artificial intelligence (AI). It will mark his second consecutive year attending the summit, following last year. Rep. Kim Gunn, the main opposition People Power Party (PPP)'s ranking member on the National Assembly Foreign Affairs and Unification Committee and a former South Korean ambassador to the U.K. said, "I hope that at the G7 Summit, [Lee] will meet with U.S. President Donald Trump to clearly convey our position on the NTE Report and non-tariff barriers, and reaffirm South Korea's commitment to implementing bilateral cooperation initiatives, including the implementation of the Joint Fact Sheet." June 12, 2026 11:34 -
Hyundai Rotem Unveils Strategy for K-Rail Industry Growth and Collaboration Hyundai Rotem is launching a cooperation program with its partners to promote the growth of the K-rail industry. On June 11, Hyundai Rotem held the 2026 Hyundai Rotem Rail Solution Cooperation Conference at its Changwon plant in Gyeongnam, where it announced strategies to enhance financial support for partners and expand joint ventures abroad. The event aimed to strengthen the foundation for sustainable growth with partners and create an innovative ecosystem in the rail industry. Attendees included local lawmakers, representatives from 50 partner companies, and Hyundai Rotem employees. Democratic Party lawmaker Heo Seong-moo stated, Every single component in a train car reflects the technology and hard work of our partner companies. We will ensure that the upcoming KTX-I replacement project supports and nurtures the domestic technology and parts ecosystem, and I will closely monitor improvements to the bidding system and legislative support for the rail industry in our committee. People Power Party lawmaker Kim Jong-yang remarked, A tree cannot make a forest alone, but Hyundai Rotem and its partners are building a forest together. We will do our utmost to enhance the global competitiveness of K-rail. Hyundai Rotem CEO Lee Yong-bae emphasized in his welcoming speech that, following the recent overseas export of high-speed trains, the company has achieved significant success by entering the Vietnamese metro market. He stressed the need for all members of the rail industry to unite as a community of shared destiny to establish themselves as a global rail powerhouse. Hyundai Rotem plans to elevate the competitiveness of South Koreas rail ecosystem through this conference. To promote a virtuous cycle within the rail ecosystem, the company will expand its funding support. The size of the cooperative growth fund, which was previously around 70 billion won, will be increased to a total of 150 billion won this year, more than doubling the amount to support interest rate reductions for partners. In collaboration with Shinhan Bank and the Export-Import Bank of Korea, Hyundai Rotem will sign a cooperative finance agreement to provide trade finance, guarantees, and preferential interest rates to assist in global market entry. The companys research and development investment, previously at 28 billion won, will also see a significant increase to 86 billion won to stimulate the domestic market. Hyundai Rotem is also committed to enhancing the global technological competitiveness of its partners. The company has previously collaborated with partners to enter overseas markets, such as establishing mechanical equipment for the Queensland electric train supply project in Australia and localizing electrical components for the LA Metro project in the United States. Since developing concentrated-power high-speed trains in 1996, Hyundai Rotem has secured expertise in high-speed train manufacturing through technical cooperation with partners and plans to actively support their global growth in upcoming overseas projects. The company will also expand training for partner employees through its internal technical training center. The center will offer tailored education in areas such as quality, production, and design, as well as in artificial intelligence (AI) and automation to meet the demands of the rapidly changing industrial landscape. This year, more than 6,500 employees from partner companies are expected to receive training. Hyundai Rotem will focus on strengthening the protection of partner technologies. The company will provide free security licenses to help establish security systems for partners, as well as offer specialized consulting services for technical security assessments and improvement measures. Additionally, the event included a ceremony for delivering policy proposals from partners aimed at protecting the domestic high-speed rail component industry and enhancing global export competitiveness. Representatives from component industry partners presented policy proposals reflecting on-site opinions to strengthen the competitiveness of the rail industry supply chain. The proposals included suggestions for strengthening bidding qualifications for verified technology and improving the bidding evaluation system based on technological capabilities. Hyundai Rotem plans to continue building a sustainable growth foundation with its partners to contribute to the expansion of the rail ecosystem. A Hyundai Rotem official stated, Partners are important allies and the core of the rail industrys competitiveness. We will continue to expand our culture of cooperation with partners to ensure that K-rail can secure competitiveness in the global market.* This article has been translated by AI. June 12, 2026 10:51