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Lee gov’t plans to shift investment from real estate to AI & semiconductors — ‘National Fund’ under review by policy committee
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Latest News from Korea
- Saudi Crown Prince bin Salman courts Korean AI startups as Riyadh, Abu Dhabi vie to build tech hubs
Esam Alwagait (left), director of Saudi Arabia’s National Information Centre, and Naver CEO Choi Soo-yeon (seated, second from left) sing an AI business cooperation MOU last Setpember Back in the 1960s and 1970s, the Middle East was a land of opportunity for many South Korean construction workers, who labored under the scorching sun to earn oil money. Fast forward several… Read more: Saudi Crown Prince bin Salman courts Korean AI startups as Riyadh, Abu Dhabi vie to build tech hubs - K Shipbuilding up for sale as Korean shipyards ride new boom(Screenshot captured from K Shipbuilding website) K Shipbuilding Co., a mid-tier South Korean shipbuilder, will be put on the market this month after a strong turnaround. The deal, estimated at 1 trillion won ($732 million), is expected to deliver a windfall for investors four years after their acquisition. A consortium between Seoul-based KHI Investment and UAMCO, a domestic bad bank,… Read more: K Shipbuilding up for sale as Korean shipyards ride new boom
- Samsung to buy US health tech firm Xealth in digital health push(Screenshot captured from Xealth website) Samsung Electronics Co. will acquire Xealth, a US-based healthcare platform provider, as it steps up efforts to foster non-semiconductor businesses – robotics, healthcare services, consumer audio and cooling and heating systems – as future growth engines. The South Korean memory chip giant announced on Tuesday that it has agreed to buy Xealth for an undisclosed… Read more: Samsung to buy US health tech firm Xealth in digital health push
- Korean waste management firm Koentec on market for $730 mnKoentec’s headquarters in South Korea (file photo by Koentec) Korea Environment Technology Co. (Koentec) is up for sale in a deal that could fetch up to 1 trillion won ($730.4 million) with global private equity firms aiming to acquire the country’s largest waste management company, investment banking industry sources said on Monday. A consortium between Seoul-based E&F Private Equity and… Read more: Korean waste management firm Koentec on market for $730 mn
- US unveils 25% tariffs on S.Korea, sets Aug. 1 deadline for agreementSouth Korean National Security Advisor Wi Sung-lac (left) holds a meeting with US Secretary of State Mark Lubio in Washington on July 7 US President Donald Trump on Monday announced new tariffs of 25% on South Korea, set to take effect on Aug. 1 unless the two countries reach a trade agreement before the deadline following a 90-day pause. In… Read more: US unveils 25% tariffs on S.Korea, sets Aug. 1 deadline for agreement
Latest Entertainment from Korea
- Wonyoung’s New Medicube AGE-R Endorsement Fuels IVE’s K-pop Momentum and Fan ExcitementPhoto Credits: Starship Entertainment. Medicube In a move that underscores her growing influence in both music and beauty, IVE’s Jang Wonyoung has been officially announced as the new muse and model for Medicube AGE-R, a cutting-edge skincare device. The partnership was confirmed in early July, sparking immediate buzz across K-pop communities and beauty circles alike. Wonyoung’s selection as the face… Read more: Wonyoung’s New Medicube AGE-R Endorsement Fuels IVE’s K-pop Momentum and Fan Excitement
- Bye Bye Badman : Bad TimingBye Bye Badman’s return after seven years shows that they’ve only grown individually to make a stronger combined message Written by Chris P for Korean Indie.
- Billlie’s Tsuki Becomes the Face of OHT x HAPA KRISTIN: K-pop’s Rising Influence in Fashion and MediaPhoto Credits: OHT x HAPA KRISTIN. MYSTIC STORY Billlie’s Tsuki, known for her dynamic stage presence and expressive performances, has been officially announced as the new face of the highly anticipated OHT x HAPA KRISTIN collaboration. This partnership marks another significant milestone for the rising K-pop star and her group, further cementing their growing influence in both the music and… Read more: Billlie’s Tsuki Becomes the Face of OHT x HAPA KRISTIN: K-pop’s Rising Influence in Fashion and Media
- Hi-Fi Un!corn’s ‘Teenage Blue’ Asia Tour 2025: Dates, Members, and What Fans Can Expect in Tokyo and OsakaPhoto Credits: FNC Entertainment The buzz surrounding Hi-Fi Un!corn is reaching new heights as the five-member band gears up for their highly anticipated Asia Tour 2025, themed around their latest single, “Teenage Blue.” With a growing reputation for electrifying live performances and a dedicated fanbase across Japan and Korea, Hi-Fi Un!corn is poised to make their mark this autumn with… Read more: Hi-Fi Un!corn’s ‘Teenage Blue’ Asia Tour 2025: Dates, Members, and What Fans Can Expect in Tokyo and Osaka
- P1Harmony Sets the Trend in Kitto Magazine’s July 2025 Pictorial: K-Pop Icons and a Platform Beloved by FansPhoto Credits: FNC Entertainment. Kitto Magazine The July 2025 issue of Kitto Magazine features a striking pictorial with P1Harmony, the six-member K-pop group that has been making waves in the global music scene since their debut in 2020. This collaboration is not just a visual treat for fans but also a testament to the synergy between rising K-pop stars and… Read more: P1Harmony Sets the Trend in Kitto Magazine’s July 2025 Pictorial: K-Pop Icons and a Platform Beloved by Fans
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
