BLACKPINK to come back with new single

On Jan 31st, YG's YANG HYUN SUK wrote a letter on official website regarding the status of the artists including BLACKPINK.

I sincerely apologize for not being able to greet you with good news in a New Year’s greeting, and will come back with joyful news regarding the new releases of YG artists including news on BLACKPINK’s upcoming single, the selection criteria and debut plans of YG TREASURE BOX, WINNER, and iKON. 

Source: YG Official Website