FILA has announced today the launch of the ‘Motorcore Collection’ with global brand ambassador Han So-hee. With a heritage spanning over a century, FILA continues to partner with Han So-hee, while tapping into the brand’s rich history in sport.The ‘Motorcore Collection’ by FILA takes inspiration fro
MBK Partners’ Chairman Kim Byung-ju’s best-selling novel “Offerings” is set to be adapted into a film.Hollywood’s Anonymous Content will co-produce the movie with Anthology Studios, established by Director Kim Ji-woon and Actor Song Kang-ho.According to the entertainment industry’s esteemed media ou
While the number of foreign nationals subscribing to domestic personal medical insurance is on the rise, it has been observed that the incurred losses and loss ratios of foreign policyholders under personal medical insurance have also increased.According to the “Status of Foreign Nationals’ Personal
Signiel Seoul, the top-tier brand of Lotte Hotels & Resorts, has been recognized by the Condé Nast Traveler as the first and only South Korean hotel to be named among the 'World's Best Hotels,' it was revealed on the 6th.Condé Nast Traveler's 'Readers' Choice Awards' is a prestigious accolade, often
“We see the power of knowing this case,” said journalist-turned-director Julie Ha about her first documentary film, ‘Free Chol Soo Lee’ ahead of its release in Korea later this month. The second-generation Korean American recently traveled to Seoul for special pre-screenings, one of which took place
Samsung Electronics, which has begun substantial cutbacks in its NAND flash division in the latter half of this year, is reportedly planning a double-digit price increase as early as this month. All eyes are on how the pricing move by Samsung, a dominant player in the market, will affect other compe
We believe that Shinsegae International’s 3Q23 earnings will miss consensus, citing the combination of slowed consumption, liquidation of inefficient businesses, and withdrawal of a luxury brand (Celine). In 4Q23, the firm is expected to focus on improving its profit/loss picture by adding new brand
The inaugural Seoul Smart City Prize winners received their awards from the World Smart Sustainable Cities Organization (WeGO) during a ceremony at Dongdaemun Design Plaza on Monday, Sept. 25.Odense and Wellington were the top cities recognized, alongside the mayors of Dhaka South City Corporation a
SK telecom is joining forces with global urban air mobility (UAM) aircraft manufacturer Joby Aviation to commercialize UAM in South Korea.On Sept. 20, at the SK T-Tower, SK telecom revealed that it has signed a cooperation agreement with Joby for the Korean Urban Air Mobility Pilot Project (K-UAM Gr
Seoul Metropolitan Government (SMG) and the World Smart Sustainable Cities Organization (WeGO) will award the inaugural Seoul Smart City Prize on Monday, Sept. 25.Established this year by WeGO and SMG, the prize aims to promote human-centered smart city initiatives. It recognizes efforts by city gov
It has been revealed that individuals and corporations residing in South Korea declared virtual assets held in overseas accounts last year, amounting to a staggering 131 trillion won (US$98.72 billion). This constitutes a whopping 70 percent of the total reported amount for overseas financial accoun
Therawave, a premium home care device brand, which enables the popular dermatological procedure, (Local Dynamic Microwave) lifting conveniently at home, is launching on September 18, 2023, and has appointed Kim Sa-rang as the brand ambassador.Therawave applies the technology of professional medical
The government is entering into follow-up work to pursue the joint development of lithium mines proposed by Ukrainian President Volodymyr Zelensky.During a meeting with the Ministry of Land, Infrastructure, and Transport (MOLIT) press corps on Sept. 18, Minister Won Hee-ryong said, “President Zelens
Korea and the United States have released a joint declaration on strengthening research and development cooperation in artificial intelligence (AI), open clouds, and 6G, and discussing digital international norms.The Ministry of Science and ICT (MSIT) and the Personal Information Protection Commissi
Actress Han Sohee, who has gained full support not only in Korea but also abroad for her unique style and renowned filmography with box office records, has become the new face of the global sports brand FILA.FILA has announced Han Sohee as its new global brand ambassador starting from September 12th
Seo Jung-jin, chairman of Celltrion Group, met with foreign investors and institutional partners to present the blueprint for the group’s merger and its future vision. On Sept. 11 (local time) in New York, Chairman Seo attended the “21st Morgan Stanley Global Healthcare Conference” where he had a di
Chairman Lee Hae-wook of DL Holdings (formerly Daelim Industrial) has been finally fined on charges of unfairly supporting his private company by mobilizing affiliate companies.The Supreme Court’s Second Division (presided over by Justice Lee Dong-won) confirmed on Aug. 31 a lower court’s ruling tha
According to a recent survey, South Korean companies, which have secured the top position in major industry products and service sectors worldwide, have now risen to the third spot along with Japanese companies in terms of global market share.In its 2022 self-conducted survey of market share in 63 m
LG Electronics, which has declared itself to be a smart life solutions company as its future vision, has unveiled a strategy to realize its vision in its electronics business following its home appliance business. Centering on a future mobility customer experience theme developed based on customer r
Amid increasing global gaming demand, Samsung Electronics and SK hynix are intensifying their efforts to penetrate the “Graphics Double Data Rate (GDDR)” market, a type of high-performance DRAM dedicated to graphics.According to a report from U.S.-based market research firm Industry Growth Insights