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Visa-Free Policy for Chinese Tourists Poised to Reshape Jeju’s Tourism Industry

Visa-Free Policy for Chinese Tourists Poised to Reshape Jeju’s Tourism Industry

JEJU, Sept. 25 (Korea Bizwire) — South Korea’s decision to expand visa-free entry for Chinese group tourists is expected to bring sweeping changes to Jeju’s tourism market, easing earlier concerns that the island could lose visitors to Seoul and other major destinations. Starting September 29, Chinese nationals traveling in groups of three or more through [...]

Seoul Unveils Data-Driven Strategy to Address Middle-Aged Employment Gaps

Seoul Unveils Data-Driven Strategy to Address Middle-Aged Employment Gaps

SEOUL, Sept. 25 (Korea Bizwire) — South Korea’s widening gap between retirement and pension eligibility is fueling structural imbalances in middle-aged employment, with Seoul turning to data-driven policymaking to address the challenge. According to a new survey of 10,000 job seekers and 450 companies released by the Seoul Metropolitan Government and the Seoul 50 Plus [...]

South Korea Plans Indoor Exhibition Hall for National Treasure ‘Sacred Bell of King Seongdeok’ Amid Climate Risks

South Korea Plans Indoor Exhibition Hall for National Treasure ‘Sacred Bell of King Seongdeok’ Amid Climate Risks

GYEONGJU, Sept. 25 (Korea Bizwire) — South Korea is preparing to relocate the Sacred Bell of King Seongdeok, one of the nation’s most treasured cultural artifacts, from its outdoor pavilion in Gyeongju to a purpose-built indoor exhibition hall, as concerns mount over the impact of extreme climate conditions on preservation. Yoon Sang-deok, director of the [...]

Samsung Launches TrueBench to Measure AI Productivity in Workplaces

Samsung Launches TrueBench to Measure AI Productivity in Workplaces

SEOUL, Sept. 25 (Korea Bizwire) — Samsung Electronics Co. on Thursday unveiled a platform designed to assess the productivity of artificial intelligence (AI) models in workplace environments. TrueBench will provide businesses with a comprehensive set of metrics to track the productivity of large language models (LLMs) in real-world workplaces, the South Korean tech giant said [...]

Seoul Stresses Currency Swap as “Necessary Condition,” but Not Enough in U.S. Trade Talks

Seoul Stresses Currency Swap as “Necessary Condition,” but Not Enough in U.S. Trade Talks

SEOUL, Sept. 25 (Korea Bizwire) — A top South Korean presidential aide said Wednesday that a potential currency swap with the United States is an essential safeguard in ongoing trade talks, but not sufficient on its own to resolve the thorny negotiations. Kim Yong-beom, presidential chief of staff for policy, told reporters in New York [...]

Lee Jae-myung Becomes First Korean President to Chair U.N. Security Council Meeting

Lee Jae-myung Becomes First Korean President to Chair U.N. Security Council Meeting

NEWYORK, Sept. 24 (Korea Bizwire) — President Lee Jae-myung of South Korea chaired a United Nations Security Council debate on artificial intelligence and international security on Wednesday, marking the first time a South Korean leader has presided over an open council session. The event reflected Seoul’s rotating presidency of the body this month and underscored [...]

Global Panel Urges Binding Rules to Keep Nuclear Decisions in Human Hands

Global Panel Urges Binding Rules to Keep Nuclear Decisions in Human Hands

SEOUL, Sept. 24 (Korea Bizwire) — A global commission on the military use of artificial intelligence (AI) has called for legally binding agreements to ensure decisions to use nuclear weapons remain under human control, not AI systems, as part of responsible military AI integration. The Responsible AI in the Military Domain (REAIM) Global Commission, a [...]

Lee, U.S. Treasury Secretary Discuss Trade Talks, Stressing “Commercial Rationality”

Lee, U.S. Treasury Secretary Discuss Trade Talks, Stressing “Commercial Rationality”

NEW YORK, Sept. 24 (Korea Bizwire) – President Lee Jae-myung told U.S. Treasury Secretary Scott Bessent that he expects ongoing trade negotiations with Washington to advance in a way that reflects the interests of both countries and rests on “commercial rationality.” The two met in New York on the sidelines of the U.N. General Assembly, [...]