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Your daily news update on South Korea

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Seoul Daily Journal

Press Releases

South Korea’s leader welcomes Xi for their first meeting in decade
South Korea, Singapore Forge Strategic Partnership
SpaceX Releases South Korea’s Fifth Military Spy Satellite
South Korean President Encourages APEC to Harness AI
South Korea’s Lee Calls on APEC Nations to Harness AI Revolution
South Korea Rolls Out AI-Powered Taxis Ahead of APEC Summit
Trump Vows Efforts for Peace Between North, South Koreans
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Seoul Daily Journal

Latest News

South Korean testing authority adds palm vein biometrics to certification program

South Korean testing authority adds palm vein biometrics to certification program

South Korean officials are adding a sixth biometric modality to the national performance testing and certification program. Korea Internet & Security Agency (KISA) on Monday announced the inclusion of palm vein biometrics in the program starting...

Owner:  Stephen Mayhew & Allison Heather
South Korea’s major listed firms hit record sustainability scores in 2025 assessment

South Korea’s major listed firms hit record sustainability scores in 2025 assessment

South Korea’s major listed companies have achieved their highest-ever environmental, social and governance (ESG) scores, a recent report has shown, hinting that responsible management is becoming a mainstream corporate norm. According to the Korea...

Owner:  Jessica Cheam
South Korea’s 5G Stagnation Threatens AI Ambitions, Think Tank Warns

South Korea’s 5G Stagnation Threatens AI Ambitions, Think Tank Warns

KISDI: Korea Must Accelerate 5G and 6G Investments to Stay Competitive in AI Era SEOUL, Nov. 4 (Korea Bizwire) — South Korea’s push to strengthen its artificial intelligence (AI) ecosystem through massive GPU investments with Nvidia could face...

Owner:  Kobiz Media Co., Ltd.
South Korean president calls for aggressive AI spending in budget speech

South Korean president calls for aggressive AI spending in budget speech

SEOUL, South Korea (AP) — South Korean President Lee Jae Myung on Tuesday called for tripling the government spending on projects for expanding artificial intelligence infrastructure and technology in a budget speech. Lee also called for lawmakers...

Owner:  The Associated Press (Non-profit)
South Korea’s inflation picks up, backing case for BOK rate hold

South Korea’s inflation picks up, backing case for BOK rate hold

Economists are divided over whether the central bank will lower rates at its final policy meeting of the year on Nov 27 [SEOUL] South Korea’s consumer inflation quickened in October as a weaker won lifted energy and food costs, reinforcing the...

Owner:  SPH Media Trust
South Korea inflation hits its highest since July 2024

South Korea inflation hits its highest since July 2024

October reports revealed South Korea’s consumer inflation has increased as a weaker won made food and energy costs higher. This situation has supported the argument for the central bank to maintain its interest rate steady while it attempts to...

Owner:  Karnika Yashwant
South Korea’s President Lee says economy has turned a corner

South Korea’s President Lee says economy has turned a corner

SEOUL (Reuters) -South Korean President Lee Jae Myung said on Tuesday the economy has turned a corner as risks related to geopolitics and corporate governance have been easing, which has boosted the local Kospi stock index beyond the 4,000 mark....

Owner:  Wright Family
South Korea triples AI spending in 2026 budget plan
South Korea’s Price Spike May Prompt BOK to Extend Easing Pause
South Korea October inflation +2.4% y/y, faster than expected

South Korea October inflation +2.4% y/y, faster than expected

SEOUL :South Korea's consumer prices rose in October at the fastest pace in more than a year, government data showed on Tuesday, bolstering the case for policymakers to refrain from cutting interest rates further. The consumer price index rose 2.4...

Owner:  Singaporean Government
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