South Korea
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South Korea K-Food Goes Global: Korean Food Service Brands Ride the Hallyu Wave
UNJournal Kayla Lee | Korean food service brands are expanding their global footprint on the back of the Korean Wave (Hallyu), according to the Survey on the Overseas Expansion of Korean Food Service Companies, released by the Ministry of Agriculture, Food and Rural Affairs (MAFRA) on February 6. MAFRA reported on January 12 that total K-Food+ exports reached USD 13.6 billion in 2025, a 5.1% year-over-year increase. That broke down to USD 10.4 billion from agri-food products and USD 3.22 billion from agro-industry products (smart farms, agricultural equipment, pet food, veterinary medical prod
- Kayla Lee 기자
- 2026-02-23 16:59
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South Korea Korea's ICT Exports Soar 78.5% to Record $29.1 Billion
UNJournal Kayla Lee | The Ministry of Trade, Industry and Resources (MOTIR) and the Ministry of Science and ICT (MSIT) announced on February 13, 2026, that Korea’s information and communication technology (ICT ) exports in January totaled USD 29.1 billion, up 78.5 percent year-on-year. Imports rose 20.0 percent year-on-year to $14.1 billion, resulting in a trade surplus of $15.0 billion. In January 2026, ICT exports posted the highest January total and year-on-year growth on record. The increase reflected expanding global demand for AI infrastructure and the ongoing shift toward higher-specifi
- Kayla Lee 기자
- 2026-02-23 13:30
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South Korea Korea Auto Industry Posts Double-Digit Gains Across All Key Indicators in January 2026
UNJournal Kayla Lee | In January 2026, automobile export volume increased 23.4 percent year-on-year, with domestic sales up 14.0 percent, and production up 24.1 percent. There were three fewer working days in January 2025 than in 2026 since the 2025 Lunar New Year holiday fell on January 25–30. Nevertheless, the strong growth in eco-friendly vehicle exports remained clearly evident. Automobile exports totaled USD 6.1 billion, up 21.7 percent year-on-year, the second-highest January export value on record. Eco-friendly vehicle exports accounted for 42 percent of the total, led by hybrid vehicle
- Kayla Lee 기자
- 2026-02-23 13:28
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South Korea Samsung Electronics Mass-Produces World's Highest-Performance HBM4
UNJournal Jon Lee | Samsung Electronics announced the world's first mass production shipment of HBM4, a key component in the artificial intelligence industry. Samsung, which has lagged behind in the HBM market, has seized the opportunity to once again dominate the market with this HBM4 shipment. Samsung Electronics Vice President of Memory Development Hwang Sang-joon stated, "Samsung Electronics' HBM4 breaks the mold of previous, proven processes by applying cutting-edge processes like 1c DRAM and Foundry 4nm." "By securing sufficient room for performance expansion through process competitiven
- Jon Lee 기자
- 2026-02-12 17:15
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South Korea ROK President Lee Speaks with NATO Secretary General Rutte
UN Journal Kayla Lee | President Lee Jae-myung spoke by phone on the afternoon of February 10 with NATO Secretary General Mark Rutte, exchanging views on global security challenges and ways to expand Korea-NATO cooperation.. The call was made at Secretary General Rutte's request, coming seven months after the two leaders' first phone conversation in July of last year. President Lee and Secretary General Rutte agreed that continued cooperation between Korea and NATO is essential for addressing global security challenges, particularly as security in the Indo-Pacific and Europe has become increas
- Kayla Lee 기자
- 2026-02-12 09:18
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South Korea Medical school enrollment to increase by 490 for the 2027 college entrance exam.
UN Journal Kayla Lee | Starting with the 2027 college entrance exam, the maximum number of medical school admissions will increase to 490. The additional students will be selected through a regional medical admission process at 32 medical schools outside of Seoul. On Tuesday, February 10th, at 2:00 PM, the Ministry of Health and Welfare (Minister Jung Eun-kyung) held a meeting of the Health and Medical Policy Deliberation Committee and announced a plan to gradually increase the number of physicians at 32 medical schools, excluding Seoul, by an average of 668 per year from 2027 to 2031 to stren
- Kayla Lee 기자
- 2026-02-11 09:39
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South Korea Korea Tackles Regional Extinction: Fund Managers Meet Local Leaders to Share Solutions
UNJournal Kayla Lee | The Korea Local Finance Association (LOFA) and Chungcheongbuk-do Province held a discussion forum on February 6 at the Chungbuk Research Institute to assess progress made through “Local Extinction Response Fund” projects and address current challenges. The forum was attended by LOFA Chairman Jeong Seon Yong and officials responsible for population decline initiatives across Chungcheongbuk-do Province. Following presentations of outstanding local government achievements, LOFA's Regional Vitality Support Team explained the evaluation framework for the 2027 fund investment p
- Kayla Lee 기자
- 2026-02-11 09:34
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South Korea "Groundbreaking Ceremony for the Southern Inland Railway"
UNJournal Kayla Lee | The Southern Naeruk Railway, which had been neglected since its groundbreaking ceremony in 1966 due to lack of profitability, has finally held its groundbreaking ceremony. The Southern Inland Railway construction project is part of the "National Balanced Development Project (2019)" to revitalize the economy of the Yeongnam inland and southern coastal regions and improve transportation convenience for residents. This large-scale national project, linking Gimcheon City, North Gyeongsang Province, and Geoje City, South Gyeongsang Province, is a 174.6km line, with a total pro
- Kayla Lee 기자
- 2026-02-10 09:31
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South Korea Korean Students Retrace Independence Fighters' Footsteps in China
UNJournal Kayla Lee | The Heungsadan Support Center for Descendants of Independence Patriots (HSCDIP) announced the successful completion of its "2026 Overseas Independence Movement Historical Sites Tour." From January 26 to 30, high school and university students and other descendants of independence patriots visited Korean Provisional Government (KPG) and independence movement sites in China that date back to the 1910-1945 Japanese colonial period. This program was planned ahead of the 107th anniversary of the March 1st Movement and the establishment of the KPG to trace the footsteps of inde
- Kayla Lee 기자
- 2026-02-04 18:03
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South Korea President Lee's 'Geunyang Dream' initaitve to expand in May
UNJournal Kayla Lee | President Lee Jae-myung stated on February 3 that "the 'Geunyang Dream' initiative is receiving considerable positive response among the public as it supports citizens in welfare blind spots." (Geunyang is Korean for “just” or simply.”) In his opening remarks at the 4th Cabinet Meeting held at Cheong Wa Dae, President Lee explained the planned expansion of the Geunyang Dream initiative in May, saying, “It means everyone will receive at least the minimum amount of food (needed) at all times.” He continued, "This initiative came about in response to the story of people arre
- Kayla Lee 기자
- 2026-02-04 17:58
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South Korea The Lee Kun-hee Collection, which introduced Korean art to the world, has led to an elevation of national prestige.
UNJournal Jon Lee | The "Lee Kun-hee (KH) Collection," born from a donation by the late Samsung Chairman Lee Kun-hee, has successfully completed its first overseas tour, impressing the world with the prestige of Korean art and culture. Samsung held a gala dinner on the 28th (local time) at the Smithsonian's National Museum of Arts and Industry in Washington, D.C., ahead of the exhibition's closing. "Collecting, Cherishing, and Sharing Treasures of Korea," currently on display at the Smithsonian's National Museum of Asian Art (NMAA), is co-hosted by the National Museum of Korea and the National
- Jon Lee 기자
- 2026-02-01 13:49
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South Korea Samsung Electronics to Distribute 1.3 Trillion Won in Q4 Special Dividends
UNJournal Kayla Lee | Samsung Electronics will distribute 1.3 trillion won in special dividends based on its fourth-quarter 2025 results. The move further strengthens the company's shareholder return policy in conjunction with the implementation of the separate taxation system for dividend income, and satisfies the government's requirements for listed companies that are designated "high-dividend" providers. Samsung Electronics announced through a disclosure on January 29 that "in accordance with our 2024–2026 shareholder return policy, we have decided on a Q4 special dividend in addition to ou
- Kayla Lee 기자
- 2026-01-29 11:45
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South Korea Support for the development of ultra-gap technologies through innovation-based projects worth KRW 268.5 billion
UNJournal Jon Lee | The Ministry of Trade, Industry and Energy will implement an industrial infrastructure development project worth KRW 268.5 billion this year to support the development and rapid commercialization of ultra-gap technologies through facility and equipment construction projects. This is the largest-ever initiative, and it aims to support the technological independence and competitiveness of our industries amidst the rapidly evolving global technological competition. The Industrial Equipment Installation Project supports equipment needed for testing, evaluation, certification, d
- Jon Lee 기자
- 2026-01-28 11:11
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South Korea President Lee Jae-myung presided over a Cabinet meeting, saying, "Policy announcements shouldn't be enough...True results must be felt by the people"
UNJournal Jon Lee | President Lee Jae-myung emphasized at a Cabinet meeting on the 20th, "Policies shouldn't end with announcing them. Thoroughly inspecting the field and quickly supplement any areas of improvement is the key to achieving a state that the people can truly feel." In his opening remarks at the Cabinet meeting that day, President Lee stated, "Whether it's government policy or anything else, true achievement can only be achieved when the people's quality of life is tangibly improved on the ground and when the people can feel it." Regarding this year's performance evaluation, he st
- Jon Lee 기자
- 2026-01-22 10:56
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South Korea President Lee Announces Growth Strategy Overhaul in New Year Press Conference
UNJournal Jon Lee | President Lee Jae-myung announced a comprehensive restructuring of South Korea's growth strategy during his January 21 New Year press conference, presenting a new vision for national development amid a major realignment of the global order. In the morning at Cheong Wa Dae's Yeongbingwan guest house, President Lee emphasized that "as the world order undergoes a massive transformation … If South Korea becomes mired in the ‘formula for past success,’ it too could fall back into a similar vicious cycle." This was the third press conference of his tenure, following his one-month
- Jon Lee 기자
- 2026-01-21 16:10
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UPDATE: 2026년 02월 28일 10시 19분