Rijuran Cosmetic Expands Southeast Asian Market with Sephora Singapore Launch
Rijuran Cosmetic, a premium derma-cosmetic brand from PharmaResearch, is set to expand its presence in the Southeast Asian market by launching in Sephora Singapore.Starting September 2, Rijuran Cosmetic will be featured as a participating brand in the 'Olive Young K-Beauty Edit,' which selects competitive K-beauty brands for dedicated displays in Sephora stores.The brand is recognized for its product competitiveness and global growth potential, based on PharmaResearch's patented ingredient, 'DOT
SK Telecom Aims for 'Everyone's AI' Beyond Proprietary Models
SK Telecom has advanced to the third phase of the government's proprietary AI foundation model project with its proprietary AI model 'A.X K2,' which boasts 6.88 billion parameters. Yoon Kyung-sang, head of SK Telecom's AI CIC, revealed plans to expand beyond this model to provide AI services that the general public can experience in their daily lives.In a column on SK Telecom's newsroom on August 24, Yoon emphasized that the 'intelligence improvement loop,' which combines model performance, infe
Samsung's $110 Billion Shareholder Return Fails to Boost Stock Price
Samsung Electronics announced a record $110 billion shareholder return plan, but the stock market reacted negatively. Following the announcement, the stock price fell to around 260,000 won, while competitor SK Hynix performed relatively well, prompting retail investors to lament, "Should we sell Samsung and buy SK Hynix?"Previously, Samsung announced it would increase its shareholder return to between 90 trillion and 110 trillion won by 2026. This figure significantly exceeds previous records, y
Let's Run Park Busan-Gyeongnam Certifies First Therapy Animals
Let's Run Park Busan-Gyeongnam is expanding its healing programs that utilize the bond between horses and people.On August 23, the Korea Racing Authority announced that two miniature ponies, 'Kkamangi' and 'Ddoi,' have recently received certification as 'therapy animals' from the Korean Association of Animal-Assisted Therapy. This marks the first time animals affiliated with the Korea Racing Authority have achieved this certification.Therapy animals undergo a selection, training, and evaluation
Satisfaction Among Jeonnam Residents Rises to 6.9 Points, Medical Wait Times Remain a Concern
Recent surveys indicate that residents of Jeonnam have experienced a steady increase in life satisfaction over the past four years. While positive perceptions of marriage and children have risen, challenges remain in the medical sector, particularly regarding wait times for treatment and a shortage of specialized medical personnel. The Jeonnam Gwangju Integrated Special City announced the results of the '2026 Jeollanam-do Social Survey' on the 24th. The survey was conducted from March 6 to 18, t
Lee Tae-hoon Ties for Fifth at LIV Golf Season Finale
Lee Tae-hoon, a Canadian-Korean golfer, finished tied for fifth at the LIV Golf season finale.On August 24, in the final round of the Indianapolis tournament held at The Club at Chatham Hills in Westfield, Indiana, Lee recorded seven birdies without any bogeys, finishing with a score of 7-under 63.With a total score of 15-under 265, Lee concluded the tournament in a tie for fifth place. This marks his second top-five finish of the season, following a runner-up finish at a tournament in Singapore
Second Comprehensive Special Investigation Team Concludes, Legal Scrutiny Awaits
The Second Comprehensive Special Investigation Team, led by Kwon Chang-young, has concluded its 180-day investigation, referring a total of 58 individuals, including former President Yoon Suk Yeol and Kim Geon-hee, to trial. The strategy of focusing on filing charges in the final stages of the investigation, termed 'Heavy Tail,' has been deemed successful. However, while the numbers appear impressive, the substance of the findings raises questions.Notably, many key cases handed over to the Secon
Food Companies Raise Prices Ahead of Chuseok Holiday
With just over a month until Chuseok, major food companies are raising product prices. Items commonly purchased by consumers, such as ramen, dumplings, bread, and instant rice, are joining the price hike trend. While it is true that rising raw material costs and currency fluctuations have increased corporate burdens, raising prices on popular products during a peak demand season before the holiday will inevitably add to consumers' financial strain. Even if companies' operational challenges are a
K-Beauty Boom Boosts Packaging and Paper Industries
As the global K-beauty trend surges, manufacturers of cosmetic packaging and suppliers of boxes and labels are experiencing significant gains. Both sectors reported record earnings in the second quarter, benefiting from strong 'spillover effects.'According to the Financial Supervisory Service's electronic disclosure system, Pumtech Korea, a cosmetic packaging company, recorded sales of 116.8 billion won and an operating profit of 21.7 billion won in the second quarter. These figures represent in
Retirement Pension Transfers Reach 15.9 Trillion Won as Financial Supervisory Service Pushes for DC to IRP Transfers
The use of retirement pension transfer services is rapidly increasing, prompting financial authorities to enhance the service by allowing inter-system transfers.The Financial Supervisory Service (FSS) announced on August 24 that it held a kickoff meeting for the 'Retirement Pension Transfer Improvement Task Force (TF)' with 17 institutions, including the Korea Securities Depository, the Korea Financial Investment Association, and retirement pension providers, to discuss improvement tasks.Retirem