On the 13th, President Lee Jae-myung spoke at a town-hall meeting in Cheongju Osco, in Chungbuk, addressing residents from the region. He argued that mega-regionalization has become a global trend and that Korea should reorganize its economy into ultra-wide regional hubs beyond a capital-centered single pole. Lee framed balanced development

JW Holdings, the parent company of Korean drugmaker JW Pharmaceutical, has agreed to acquire a biotech-focused venture capital firm, Soliders Investment. The board approved the purchase of 2 million shares for 30.6 billion won, equivalent to about 2.45% of JW Holdings’ total assets. The deal brings the number

South Korea’s President Lee Jae-myung used a town-hall event in Cheongju, in North Chungcheong Province, to outline regional-competition ideas that could reshape the country’s administrative map. Speaking at OSCO, he floated the possibility of formally integrating Chungcheongnam-do (South Chungcheong), Chungcheongbuk-do (North Chungcheong) and Daejeon into one large economic

Naver Corp., Korea’s dominant internet and AI company (stock ticker 035420), published its annual executive pay disclosures, highlighting that former CEO Han Seong-sook topped the list with total compensation of 103.43 billion won for last year. Han, who previously led Naver and later headed its European business development

South Korea is seeing more glaucoma patients each year, with 1,223,254 people treated for the condition in 2024, according to the Health Insurance Review and Assessment Service (HIRA). The total has risen steadily since 2020, and while the largest share of patients remains in their 60s and older,

With the United States considering its next steps in a confrontation with Iran, attention has shifted to the Strait of Hormuz, the key waterway through which about 20% of the world’s crude oil passes. Reports have grown that Iran may have begun laying mines in the strait, raising the

The Ministry of Culture, Sports and Tourism and the Korea Tourism Organization announced that nine sites nationwide, including Chuncheon’s Sille Village, have been selected as small-scale yet high-potential tourist destinations for 2026. The program aims to identify lesser-known places with distinctive appeal and help local governments develop them into

Around the moment the Korean film The Man Who Lives with the King was approaching 9.5 million admissions, I joined the growing audience who had not yet seen it and headed for Yeongwol, a county in Gangwon Province with deep Joseon-era resonance. In 1457, the young prince Danjong was

South Korea’s National Assembly Health and Welfare Committee approved the National Medical Graduate School Establishment Act, a flagship policy for President Lee Jae-myung’s healthcare agenda. The president publicly congratulated Park Joo-min, the committee chair who led the bill through the committee, in a post shared on social media.

Hyundai Motor Company has temporarily halted the sale of certain specifications of its All-New Palisade large SUV after identifying a safety issue with the vehicle’s second- and third-row power seats. The company said on the 14th that under certain conditions, the seat-folding function may fail to detect contact with