Latest news
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State research institute creates robot system capable of harvesting and carrying fruits
SEOUL -- A state research body has developed a robot system that consists of an artificial intelligence-based robot capable of harvesting vegetables and fruits using its manipulator and a self-driving robot that carries harvested items to a loading dock. The system can significantly help South Koreans to overcome the labor shortage, especially in rural areas. According to data released by the national statistics office, the population of farming households in South Korea was about
March 10, 2023 -
Startup minister Lee Young attends Saudi Arabia's biggest startup event
SEOUL -- South Korea's Minister of SMEs and Startups attended "Biban 2023," Saudi Arabia's largest startup conference event held at the Riyadh Front Exhibition & Conference Center, along with South Korean small and medium-sized companies and startups. Biban 2023 is an annual startup event held in Saudi Arabia. This year, some 350 speakers and about 10,500 audiences will attend the conference to share ideas about the establishment of healthy and mutually benefi
March 10, 2023 -
BTS member Suga donates $75,642 for child earthquake victims in Turkey and Syria
SEOUL -- BTS's lead rapper Suga has donated 100 million won ($75,642) to a London-based nonprofit organization to help child earthquake victims in Turkey and Syria. Suga's donation will be used to purchase emergency relief items such as blankets, mattresses, and school supplies. The 30-year-old will go on a solo world tour, starting with the first concert in Belmont Park, New York on April 26. Save the Children said in a statement that Suga made the donation on his birthda
March 9, 2023 -
Opposition Democratic Party of Korea to push to expand tax deduction for semiconductor makers
SEOUL -- The opposition Democratic Party of Korea will push to expand the tax deduction for semiconductor companies so that small and medium-sized semiconductor makers can receive up to 40 percent tax discount for their investment in chip production facilities. The plan was revealed to reduce the impact of the United States' CHIPS Act. The CHIPS Act restricts funding recipients from increasing semiconductor manufacturing operations in China and other countries that have been de
March 9, 2023 -
Convenience store chain CU operator opens 300th store in Mongolia
SEOUL -- South Korea's top convenience store franchise CU has opened its 300th store in Mongolia. The store located in Ulaanbaatar provides various Mongolian food such as Khuushuur, a dumpling usually made with beef, mutton, or camel. Along with Mongolian food and snacks, visitors can also enjoy South Korean snacks including Tteokbokki, finger-sized rice cakes simmered in fiery-red spicy chili sauce. BGF Retail said in a statement that the 300th convenience store was open in Mo
March 9, 2023 -
S. Korea's benchmark interest rate likely to reach 4% after Fed hints at continuing rate hikes
SEOUL -- South Korea is likely to increase its base interest rate to up to four percent, after the United States Federal Reserve Chairman Jerome Powell stated during his speech on March 7 that "the ultimate level of interest rates is likely to be higher than previously anticipated," on Capitol Hill. According to South Korean monetary authorities on March 8, Chairman Powell strongly suggested the need for additional tightening when he addressed the Senate Banking, Housin
March 9, 2023 -
Number of S. Korean Facebook monthly active users drop below 10 mln for first time in 2 yrs
SEOUL -- According to an online big data analysis, the number of South Korean monthly active users of the Facebook smartphone app has dropped below 10 million for the first time in two years since South Korean big data analysis solution company Mobile Index started monitoring. South Korea currently has some 54 million registered smartphones and an average of about 65 percent of people access social media using their phones. According to a survey of 10,154 South Korean people, con
March 9, 2023 -
Singaporean medical imaging service provider 'Radlink' to adopt Lunit's AI chest X-ray solution
SEOUL -- "Lunit INSIGHT CXR," a chest X-ray analysis solution developed by South Korea's medical artificial intelligence company Lunit, will be provided to a Singaporean medical imaging service provider. The solution can detect various types of chest diseases such as lung cancer and tuberculosis. Using software robots, Lunit's AI solution compares and analyzes X-rays and medical images of chest disease patients and healthy people. After detecting an irregularity,
March 9, 2023 -
Chicken price hits all-time high due to increased costs of poultry farm operation
SEOUL -- The price of chicken has reached its all-time-high as the cost of livestock farming has skyrocketed due to the increase in farm operating costs including the prices of fertilizers, animal feed, electricity, and fuel that were accelerated by the sluggish global economic growth sparked by the fuel price increase, the COVID-19 pandemic, and the war in Ukraine. Concerns that the era of expensive "30,000-won ($22.7) fried chicken" is not far off are growing among South Ko
March 8, 2023 -
Launch of S. Korean private test rocket delayed for one day due to extended pre-launch examination
SEOUL --The launch of Hanvit-TLV, a test launch vehicle developed by South Korean startup Innospace, was delayed for a day due to extended pre-launch examinations and preparations, the tech startup said. In October 2021, South Korea successfully launched a homemade three-stage rocket called the Korea Space Launch Vehicle-2 (KSLV-2) known as "Nuri" into space. The rocket equipped with a 300-ton-class propulsion system was developed solely using domestically-developed t
March 8, 2023
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PHOTOS: Festival features India's traditional dance in Seoul
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PHOTOS: UAE heritage showcased on Nami Island
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Octogenarian becomes oldest contestant at beauty pageant in Seoul
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Krafton to showcase new games at G-Star
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Golfer Pak Se-ri wins Van Fleet Award for strengthening U.S.-Korea relations
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Naver Map offers multilingual translation for visitor reviews
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Indian cultural festival kicks off with traditional dance performance
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Hanwha Q Cells sells solar project in Washington state
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School bus fire claims 23 lives in Thailand
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Google to invest $1 billion in Thailand data center, cloud AI Infrastructure