SEOUL, Sept. 26 (Korea Bizwire) — President Yoon Suk Yeol said Thursday the government and the private sector will join hands to make full-scale efforts to boost South Korea’s artificial intelligence (AI) capabilities to expand its presence in the global AI sector. Yoon set a target for South Korea to become one of the world’s [...]
SEOUL, Sept. 18 (Korea Bizwire) – For Ahmed Lababidi, a 31-year-old Syrian refugee who fled forced military conscription in 2012, January marked a bittersweet milestone. After 12 years in South Korea, Lababidi, who uses the Korean name La Yeonu, finally reunited with his family in Turkey, only to find that time had transformed them into near-strangers. [...]
SEOUL, Sept. 4 (Korea Bizwire) — South Korea and Ethiopia have held a policy consultation meeting on envisioned joint projects in energy, transportation and health care fields through the cooperation fund, Seoul’s finance ministry said Wednesday. During the meeting held in Addis Ababa on Tuesday, the two nations chose energy, transportation and health and medical [...]
SEJONG, Sept. 3 (Korea Bizwire) — South Korea’s economy is showing signs of a downturn, with domestic demand struggling to gain momentum. Analysts attribute this trend to the reduction in household discretionary income, a consequence of high interest rates and inflation. According to data from the Korean Statistical Information Service (KOSIS) released on September 2, the [...]
WASHINGTON, Aug. 15 (Korea Bizwire) — A White House official on Thursday suggested the possibility of holding a trilateral summit among the leaders of South Korea, the United States and Japan by the end of this year, following the historic Camp David summit last year. Mira Rapp-Hooper, the senior director for East Asia and Oceania [...]
SEOUL, Jul. 30 (Korea Bizwire) — South Korea and China have agreed to continue communications to ensure stable supply chains and spur bilateral trade and investment during their economic talks in Beijing, Seoul’s foreign ministry said Tuesday. Kim Jin-dong, director-general for bilateral economic affairs at the ministry, met with his Chinese counterpart, Wang Liping, on [...]
SEOUL, Jul. 30 (Korea Bizwire) — South Korea’s industry ministry said Tuesday it has discussed ways to broaden economic exchanges with Saudi Arabia, pledging to work closely toward the prompt implementation of a free trade pact between Seoul and the Gulf Cooperation Council (GCC). Industry Minister Ahn Duk-geun met with his Saudi counterpart, Majid bin [...]
INCHEON, Jul. 15 (Korea Bizwire) — As he begins his second tour of duty as head coach of the South Korean men’s national football team, Hong Myung-bo asked for support from disgruntled fans Monday. Hong traveled to Europe on Monday to interview candidates for assistant coaching positions on his backroom staff. He’s scheduled to make stops in [...]
SEOUL, Jul. 8 (Korea Bizwire) — Hong Myung-bo, the newly named head coach of the South Korean men’s national football team, is the ideal fit for the job given his tactical philosophy and leadership skills, the sport’s top technical official said Monday. Lee Lim-saeng, technical director for the Korea Football Association (KFA), detailed the reasons [...]
SEOUL, Jul. 8 (Korea Bizwire) – A groundbreaking international study has shed light on the alarming prevalence of image-based sexual abuse, with South Korean women emerging as particularly vulnerable victims. The research, published in the academic journal “Human Behavior and Computing,” was conducted by professor Nicola Henry from RMIT University in Australia and Rebecca Umbach, a [...]