Seoul: Hanwha Ocean Co. announced that it has been chosen as the preferred bidder for South Korea’s ambitious Navy destroyer project valued at 7.8 trillion

Seoul: The Bank of Korea (BOK) anticipates a reduction in inflation for July, attributing this expected change to declining crude oil prices and government measures

Seoul: South Korea’s consumer prices have surged more than 3 percent from a year earlier for two consecutive months as of June, reflecting the ongoing

Seoul: Korea’s ambitious initiative to develop a second semiconductor cluster in the nation’s southwest represents one of the most significant industrial policies in its history.

Seoul: Prime Minister Han Seong-sook emphasized the urgent need for the government to prioritize controlling inflation after recent data revealed that consumer prices in South

Seoul: South Korea’s increasing reliance on semiconductor exports may expose the nation to external shocks and cyclical volatility, despite their role as a significant growth