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South Korea makes AI investment a top policy priority to support flagging growth, boosting research spending nearly 20% to a record 35.3 trillion won ($25.23 billion) by 2026
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Latest News from Korea
- Bill Gates strengthens ties with Samsung, SK, HD Hyundai on energy, biotech, philanthropy projects
Samsung Group Chairman Lee Jae-yong (center) welcomes Bill Gates at Samsung’s headquarters in Seoul on Aug. 22, 2025 Bill Gates, the Microsoft co-founder-turned-philanthropist, has stepped up his engagement with South Korea’s corporate titans, meeting the heads of three big conglomerates – Samsung, SK and HD Hyundai – to discuss potential collaborations in advanced technology, nuclear energy and global development. On… Read more: Bill Gates strengthens ties with Samsung, SK, HD Hyundai on energy, biotech, philanthropy projects - GS E&C offloads Spanish water treatment arm GS Inima for $1.2 bn(Screenshot captured from GS Inima Environment website) GS Engineering & Construction Corp. (GS E&C) said on Friday it has agreed to sell its Spanish water treatment arm GS Inima Environment SA for $1.2 billion as part of a portfolio realignment to focus on core businesses. The South Korean builder did not disclose the buyer. However, sources in the construction industry… Read more: GS E&C offloads Spanish water treatment arm GS Inima for $1.2 bn
- S.Korea cuts growth outlook to 0.9%, banks on AI to reignite economyContainer trucks move cargoes at Port of Busan South Korea’s government cut its 2025 economic growth forecast in half from its earlier expectation, saying the economy will expand just 0.9% this year despite tens of billions of dollars in extra spending and interest-rate cuts. The new projection, unveiled Friday by Korea’s Ministry of Economy and Finance, marks the country’s weakest… Read more: S.Korea cuts growth outlook to 0.9%, banks on AI to reignite economy
- STIC Investments set to acquire laundry chain CleantopiaSTIC Investments Inc., a Seoul-based private equity firm, is set to acquire Cleantopia, South Korea’s largest laundry service franchise operator, for around 600 billion-650 billion won ($431 million-466 million), according to investment banking sources on Friday. JKL Partners, a South Korean buyout firm, is slated to name STIC Investments as the preferred bidder of Cleantopia, which it purchased for 190… Read more: STIC Investments set to acquire laundry chain Cleantopia
- French specialty gas maker Air Liquide signs $2.9 bn deal to acquire DIG Airgas from MacquarieDIG Airgas facilities in Paju, Gyeonggi province (Courtesy of DIG Airgas) Air Liquide SA, a French multinational industrial gas and services company, has signed a share purchase agreement to acquire South Korea’s DIG Airgas Co. from Macquarie Asset Management, in a deal estimated at slightly over 4 trillion won ($2.9 billion). Under the deal signed on Thursday, Air Liquide will… Read more: French specialty gas maker Air Liquide signs $2.9 bn deal to acquire DIG Airgas from Macquarie
Latest Entertainment from Korea
- Rowoon’s W Korea September 2025 Shoot with Tiffany & Co. Highlights His Journey Toward Authentic Acting and PreviewsPhoto Credits: W Korea. Tiffany & Co. FNC Entertainment The September issue of W Korea unfolds like a meditation on dualities—the luminous surface and the depths beneath—through its latest collaboration with Tiffany & Co. centered on SF9’s Rowoon. Known for his statuesque frame and sculpted profile, the actor-model steps into Tiffany’s storied jewelry with a quietly radical intent: to reveal not polish, but resonance. This… Read more: Rowoon’s W Korea September 2025 Shoot with Tiffany & Co. Highlights His Journey Toward Authentic Acting and Previews
- LE SSERAFIM’s Huh Yunjin Embodies Bold Elegance in W Korea x Fendi September 2025 Pictorial PreviewPhoto Credit: W Korea Fendi. Source Music When art, fashion, and music collide, the results often resonate far beyond the glossy pages of a magazine. LE SSERAFIM’s Huh Yunjin, who has steadily emerged as one of the new generation’s most intriguing voices and visuals, brings that very energy to the upcoming September 2025 issue of W Korea, where she fronts a… Read more: LE SSERAFIM’s Huh Yunjin Embodies Bold Elegance in W Korea x Fendi September 2025 Pictorial Preview
- MEOVV Anna Unveils Elegance in L’Officiel Korea Fall/Winter 2025 YK EditionPhoto Credits: L’Officiel Korea. The Black Label. Capital Records The arrival of the Fall/Winter 2025 season has brought with it a wave of anticipation in the fashion industry, and L’Officiel Korea has unmistakably set the tone with its latest YK Edition cover. The spotlight falls on MEOVV’s Anna, whose presence radiates an effortless sophistication in a pictorial preview that feels… Read more: MEOVV Anna Unveils Elegance in L’Officiel Korea Fall/Winter 2025 YK Edition
- ALLDAY PROJECT Redefines Artistic Expression in Dazed Korea’s September 2025 IssuePhoto Credits: DAZED KOREA. THE BLACK LABEL The ALLDAY PROJECT enters autumn with undeniable presence, capturing the heart of Dazed Korea’s September 2025 issue through a series of bold, layered covers. These images move beyond the standard idol aesthetic, presenting the group as a fusion of artistry and individuality. In a season often associated with transition and reinvention, they embody that shift… Read more: ALLDAY PROJECT Redefines Artistic Expression in Dazed Korea’s September 2025 Issue
- Han Grin : FARMERWhile Han Grin has released music since 2021, my introduction was the music video for “FARMER SONG,” from her latest EP, FARMER. When I listened to FARMER, I got a sense of calm and stillness. The audio narrative that Han Grin presents isn’t new, but the way it’s presented makes this EP an essential listen. “Calf” is a mellow opener.… Read more: Han Grin : FARMER
Learn People & History of Korea
- The Evolution of Busan: A Historical Journey Through South Korea’s Second Largest Metropolitan CityAncient Beginnings: The Founding of Busan Busan, known as the second largest metropolitan city in South Korea, has a rich history that dates back to ancient times. The earliest recorded existence of Busan can be traced to the Goryeo Dynasty, where it was referenced as a vital coastal settlement. Its strategic location along the southeastern coast of the Korean Peninsula… Read more: The Evolution of Busan: A Historical Journey Through South Korea’s Second Largest Metropolitan City
- The Evolution of Pyongyang: A Journey Through History, Economy, and Political DynamicsIntroduction to Pyongyang Pyongyang, the capital city of North Korea, serves as a prominent symbol of the nation’s history and culture. Geographically located on the banks of the Taedong River, in the southwest part of the country, Pyongyang is situated within a strategic area that has historically facilitated trade and cultural exchange. The city’s origins can be traced back to… Read more: The Evolution of Pyongyang: A Journey Through History, Economy, and Political Dynamics
- The Evolution of Seoul: From Ancient Korea to Modern Metropolis and BeyondAncient Beginnings: The Founding of Seoul The city of Seoul, known today as the vibrant capital of South Korea, has ancient roots that trace back to the Three Kingdoms period of Korea, specifically the kingdoms of Baekje and Silla. Evidence suggests that Seoul was originally established as a settlement given its strategic geographical advantages. Nestled within the Han River basin,… Read more: The Evolution of Seoul: From Ancient Korea to Modern Metropolis and Beyond
- Exploring Korean Traditional Games in Squid Game: From Season 2 to Upcoming Season 3Introduction to Korean Traditional Games Korean traditional games have long been an integral part of the country’s cultural landscape, offering more than mere entertainment. These games, which range from simple children’s pastimes to complex community activities, hold significant cultural significance and often serve as a means of preserving history and promoting social interaction. Rooted in centuries of tradition, these games… Read more: Exploring Korean Traditional Games in Squid Game: From Season 2 to Upcoming Season 3
- Unveiling the Past and Present of Saju: The Art of Korean Fortune TellingIntroduction to Saju Saju, a traditional Korean fortune-telling practice, is an intricate art that seeks to interpret an individual’s fate based on their birth date and time. The term “Saju” translates to “four pillars” in English, referring to the four critical components derived from these time markers: year, month, day, and hour. This method holds significant cultural value within South… Read more: Unveiling the Past and Present of Saju: The Art of Korean Fortune Telling
