Latest news
-
[OPINION] 'US special operations forces strike in Africa'
KENOSHA, Wisconsin -- Bilal al-Sudani is not exactly a household name, which is all the more reason to highlight the fact that this dangerous terrorist leader ha
February 6, 2023 -
[Weekly Stock Market] Foreigners' buying spree likely to support market rally
SEOUL -- Last week, the KOSPI initially began in negative territory with selling pressure experienced during Samsung Electronics’ investor earnings call which provided negative headline newsflow denoting no plans to reduce ca
February 5, 2023 -
Apple likely to launch mobile payment service soon in South Korea
SEOUL -- Apple Pay, the mobile payment service of U.S. tech giant Apple Inc., is likely to make its debut in South Korea as early as next month, according to the Financial Services Commission (FSC). The FSC said February 3 that domestic credit card companies can introduce Apple Pay soon as they have taken relevant procedures required for the new payment service. Consumers using iPhones and other Apple devices will be allowed to make payments through Apply Pay, the FSC said. Cur
February 3, 2023 -
Startup commercializes unmanned forest fire-monitoring smart pole
SEOUL -- A startup specializing in closed-circuit television camera solutions has developed an unmanned smart pole that can detect forest fires and humans nearby using thermal image sensors. The pole capable of standalone operation by solar power panels can also collect video evidence in cases of wildfires. Springtime is the period when South Korea is exposed to wildfires. Especially with strong winds blowing from the southwestern parts of the Korean Peninsula, mountainous areas
February 3, 2023 -
S. Korean economy to face 'serious slump' due to lack of growth momentum: think tank
SEOUL -- The Korea Economic Research Institute (KERI) has revised down its 2023 economic outlook for South Korea to 1.5 percent from its previous projection of 1.9 percent. In a recent report, the institute affiliated with the Federation of Korean Industries (FKI) warned that the South Korean economy could enter the stage of a "serious slump" due to a lack of growth momentum. The think tank said the country will experience a lower growth, hit by sagging domestic dem
February 3, 2023 -
Arms procurement agency opens research center for space monitoring & reconnaissance tech
SEOUL -- South Korea's arms procurement agency has partnered with a prominent state research institute to open a research center specialized in technologies for the operation of grouped satellites and the monitoring and reconnaissance of the earth's surface. A heterogeneous constellation refers to a mixed group of orbital satellites. Normally, different types of satellites do not cooperate with each other because they are based on different platforms and operating systems.
February 3, 2023 -
Exports of 'K-content' products rise 4.4% to $12.45 billion in 2021
SEOUL -- South Korea's exports of cultural and entertainment products increased 4.4 percent year-on-year to $12.24 billion in 2021, according to data released by the Ministry of Culture, Sports and Tourism. The amount was higher than the exports of major products such as home appliances, secondary batteries, electric vehicles and display panels. This means that Korean-made entertainment and cultural products, better known as K-content, have emerged as one of the country's k
February 3, 2023 -
Seoul to deploy portable defibrillators to 175 convenience stores located in populated areas
SEOUL -- To help people take action while waiting for rescuers to arrive in emergency situations such as cardiac arrest, Seoul will distribute automated external defibrillators to some 175 convenience stores located in areas with a lot of moving population. Store workers will be given special lessons so that they can skillfully operate the life-saving devices under emotional pressure. An automated external defibrillator (AED) is a portable device that automatically analyzes the lif
February 2, 2023 -
KT ties up with tablet device maker T-Order to provide AI service robots for restaurants
SEOUL -- KT, one of the major telecom companies in South Korea, will work with T-Order, a domestic tablet device developer, to connect its service robots with T-Order's tablet and provide them for various restaurants. Customers will be able to order food through T-Order's tablet menu boards and receive food and drinks through KT's robots. The adoption of service robots has gained momentum in many South Korean restaurants to enable unmanned ordering. Restaurant owners wi
February 2, 2023 -
Dutch semiconductor equipment firm ASM to invest $100 million in South Korea
SEOUL -- Dutch semiconductor equipment manufacturer ASM has agreed to invest $100 million to set up a new factory and expand its research and development center in South Korea, according to the Ministry of Trade, Industry and Energy. The ministry said that it signed a memorandum of understanding (MOU) with ASM on the latter's investment plan in Korea. The MOU was initialed between Trade and Industry Minister Lee Chang-yang and ASM CEO Benjamin Loh at a Seoul hotel on February 2
February 2, 2023
-
PHOTOS: Festival features India's traditional dance in Seoul
-
PHOTOS: UAE heritage showcased on Nami Island
-
Octogenarian becomes oldest contestant at beauty pageant in Seoul
-
Krafton to showcase new games at G-Star
-
Golfer Pak Se-ri wins Van Fleet Award for strengthening U.S.-Korea relations
-
Naver Map offers multilingual translation for visitor reviews
-
Indian cultural festival kicks off with traditional dance performance
-
Hanwha Q Cells sells solar project in Washington state
-
School bus fire claims 23 lives in Thailand
-
Google to invest $1 billion in Thailand data center, cloud AI Infrastructure