Latest news
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S. Korean middle market enterprise federation chief calls for more high-quality jobs to overcome low fertility rate
SEOUL -- Choi Jin-sik, the chairman of the Federation of Middle Market Enterprises of Korea (FOMEK), has urged South Korean companies to offer more high-quality jobs to tackle the current low fertility rate crisis. During a meeting with the vice chairman of the Presidential Committee of Aging Society and Population Policy (PCASPP), Choi pointed out that increasing such jobs, with higher incomes, could mitigate the crisis. According to data released by South Korea's statistics
March 18, 2024 -
Son Heung-min to leave football after retirement
SEOUL --South Korean football star Son Heung-min has revealed a plan to step away from the football world after retiring. "While I love and enjoy football," Son said in an interview with Harper's Bazaar Korea, published March 18, "I don't have the ability to teach others. It's the moment when I actually kick the ball myself that I truly cherish." Son's decision to forgo a football-related career after retirement may disappoint some fans, but
March 18, 2024 -
[INTERVIEW] Chilean public works minister seeks S. Korea's investment for Chile's transport infrastructure projects
SEOUL -- Chilean public works minister Jessica Lopez has called for South Korean companies' investment in her home country's ongoing transport infrastructure projects. Highlighting the critical role of technology in the mobility sector incorporating highways, airports, and electric vehicle networks, Lopez stressed the need for South Korean companies' participation in construction endeavors and the sharing of their expert know-how in providing cutting-edge technological so
March 18, 2024 -
AI startup Upstage establishes new branch in Silicon Valley to target N. American market
SEOUL -- South Korean artificial intelligence technology developer Upstage has opened its new branch in Silicon Valley to expand its presence in North America. The new branch called "Upstage AI" will showcase its large language model-based solution "Solar" at the GPU Technology Conference, a global AI event held by Nvidia. Solar is a deep-learning-based AI platform with content understanding and generation capabilities. The solution achieved the top position on
March 18, 2024 -
Seoul to adopt 'tagless' toll gate system at subway stations in 2025
SEOUL -- Seoul will adopt a "tagless" toll gate system at subway stations to solve congestion caused by the huge floating population at toll gates during commuting hours. Seoul Metro, the operator of the capital city's subway train system, predicts the walk-through gates will help people save time. Currently, Seoul Metro only allows passengers with public transport plastic cards or credit cards with a near-field communication (NFC) public transport payment feature to
March 18, 2024 -
KAI to adopt collaborative robots for production of fighter jet KF-21
SEOUL -- South Korea's major aircraft maker, Korea Aerospace Industries (KAI), will incorporate collaborative robots into the production process of the country's homemade fighter jet KF-21. Developed by domestic robot platform company Rainbow Robotics, these robots will be utilized for drilling tasks in the aircraft's fuselage structure. The KF-21 project started in 2010 in a bid to replace the country's aging fleet of U.S.-made F-4 and F-5 fighters. According to s
March 15, 2024 -
S. Korea initiates first step to develop long-range ship-to-air guided missile through $248 mln deal
SEOUL -- South Korea has initiated its first steps towards developing a long-range ship-to-air guided missile through a 330.6 billion ($248.6 million) deal with LIG Nex 1, a major defense contractor headquartered in Yongin, a satellite city of Seoul. These missiles are poised to serve as South Korea's next-generation maritime weaponry. The Defense Acquisition Program Administration (DAPA) announced on March 15 that a contract had been signed between the arms procurement agency
March 15, 2024 -
Russian star ballerina's Seoul performance cancelled
SEOUL --Svetlana Zakharova's scheduled ballet performance in Seoul has been cancelled, the organizer announced on March 15. Zakharova, a Ukrainian-born prima ballerina with the Bolshoi Ballet, was set to perform in "Modanse," a ballet depicting the life of fashion icon Coco Chanel, at the Seoul Arts Center's Opera House from April 17 to 21. The cancellation follows growing worldwide backlash against Russian artists and cultural institutions due to the ongoing
March 15, 2024 -
Seoul's southern satellite city resumes operation of robot-driven mobile library
SEOUL -- Seongnam City, a southern satellite city of Seoul, is set to resume the service of its robot-operated mobile library called "Carbook." The robot will traverse the Tancheon Riverside Park to lend books. Carbook, which commenced operations in 2022, is a car-shaped robot measuring 1.8 meters (5.8 feet) in length, 1.2 meters in height, and 1.1 meters in width. Its operation was temporarily suspended during the winter season for routine inspection and maintenance. Eq
March 15, 2024 -
K-beauty company targets Indonesian food market with Halal-certified supplements
SEOUL -- COSMAX NBT, the health supplement original design manufacturer wing of South Korea's beauty product maker COSMAX, is targeting the Indonesian functional food market with Halal-certified products. Indonesia with a population of 278.7 million has the world's biggest Halal market that is growing at an average annual growth rate of 6.7 percent to stand at $258 billion by 2030, according to global market analyst firm Inkwood Research. In 2019, Shinsegae Food, a subs
March 15, 2024
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Commemorative event explores Tagore's legacy in Korea
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VISUALS: Indian philosopher Tagore's 163rd birth anniversary celebrated on Nami Island
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John Y. Lee, Korean War hero who interpreted for MacArthur, dies at 95
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'We support BTS, not HYBE'
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Hanwha Robotics, B-Robotics join hands on restaurant automation project
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BTS agency launches global audition for new boy band
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Spike in juvenile gambling raises concerns in Korea
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Harmful substances found in toys sold on Chinese e-commerce platforms
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Hyundai Rotem selected as preferred bidder for armored vehicle contract with Peru
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Korea to launch international webtoon festival in September