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NEWS: What's happening in Korea?

K-Drama 'Penthouse Season 2' - First Broadcast on Friday, February 19, 2021 K-Drama 'Penthouse Season 2' - First Broadcast on Friday, February 19, 2021 "The Penthouse: War in Life (2020)" is a very popular K-drama telling the story of wealthy people living in Hera Palace. This drama tells the story about women's solidarity and revenge to protect their children. This drama achieved the highest ranking in all-channel dramas, 21 times in a row since its first broadcast on .. more
Covid-19 Vaccines for 44 million people will be secured in South Korea The South Korean government says that they will secure Covid-19 vaccines for 44 million people which are more than the number of Covid-19 vaccines that they previously planned of 30 million. They have completed pre-orders of 20 million doses of AstraZeneca's vaccine and will secure vaccines for 34 million people with other global vaccine companies such as Pfizer, Moderna and Janssen. According t.. more
LG Chem to spin off its battery business - Economy news in South Korea LG Chem (LG 화학 in Korean) will spin off its battery business unit which is a globally leading division in EV (Electric Vehicles) power market. The spinoff of its battery unit is approved in the Board of Directors Meeting on Thursday and a new subsidiary of LG Chem will be tentatively named "LG Energy Solution (엘지에너지솔루션(가칭) in Korean)". A new entity, LG Energy Solution will be a wholly owned subs.. more
Kakao Games surged in their market debut on KOSDAQ Kakao Games (카카오게임즈 in Korean), the gaming developing unit of Kakao (Mobile messenger) in South Korea, surged in their market debut on the tech-heavy KOSDAQ on Thursday. South Korea's Kakao Games have been trading at more than double of its initial public offering price shortly after trading began. The shares of Kakao Games started trading at 48,000 KRW ($40.49), twice the initial public offerin.. more
BTS - Become the 1st Korean artist to rank No.1 on Billboard single chart BTS became the first South Korean artist to rank No.1 on Billboard Main Single Chart 'Hot 100'. Billboard has announced that BTS 'Dynamite' debuts with the ranking No.1 on Billboard 'Hot 100' Main Single Chart on the 31st of August. 'Hot 100' is the ranking of the most popular songs in the United States by considering the streaming records, sales of album and the number of radio broadcastings. T.. more
OECD raises South Korea's growth rate forecast for 2020 to minus 0.8 percent - The highest among OECD members The Organization for Economic Cooperation and Development (OECD) said that South Korea's economic growth rate is expected to shrink minus 0.8 percent this year. This is 0.4 percent higher than the organization's previous forecast figure which was announced in June and lifting the country to No.1 among 37 OECD member countries. The OECD highlighted the South Korea's growth forecast will be negati.. more
Typhoon 'Jangmi' to come to Southern part of Korea The season's fifth typhoon in Korea, typhoon 'Jangmi', is expected to bring more rain to the Southern part of Korea. 120㎜ of heavy rain is expected for Gangwon province in South Korea. According to the Korean Meteorological Administration, typhoon 'Jangmi' is traveling the Southeastern part of Seogwipo in Jeju, Korea at a speed of 121㎞ and passing the Northeastern part of South Korea at a speed .. more
The largest Starbucks store in Korea - Starbucks store in Yangpyeong newly opened Starbucks Korea opened a new Starbucks DTR store in Yangpyeong on 24th of July to celebrate its 21st anniversary. At Starbucks store in Yangpyeong, there are premium coffee reserve bar that treats specialty coffee, teavana bar specialized in tea and drive-through area that people can order and get their drinks in the car. People can enjoy their view of South Han river at Starbucks store in Yangp.. more