Category: General

S. Korea nears 13 mln 5G users in Jan.

SEOUL– South Korea’s 5G subscriptions jumped by over one million for the first time last month to reach nearly 13 million users, data showed Friday.The country’s 5G subscriptions reached 12.87 million as of end-January, up 1.02 million from the previo…

S. Korea to advise on Poland’s 3-year airport project

SEOUL– South Korea’s main airport operator will provide consulting for Poland’s new airport project in the next three years, the transport ministry said Friday.The Incheon International Airport Corp. (IIAC) clinched a deal from Poland’s Centralny Port…

S. Korea ratifies key U.N. labor conventions

SEOUL– South Korea’s parliament on Friday ratified key International Labor Organization (ILO) conventions on workers’ rights and forced labor, which have long stalled due to objections from businesses and conservative politicians.The nation joined the…

Hanwha chief set to return to managerial forefront

SEOUL– A disgraced chief of defense-to-insurance conglomerate Hanwha Group will make a comeback to the top posts of key affiliates next month after an absence of seven years, the group said Friday.Chairman Kim Seung-yeon will assume the post of chairm…

S. Korea to sell 14 tln won worth of Treasurys in March

SEOUL– South Korea plans to sell 14 trillion won (US$12.6 billion) in state bonds next month, the finance ministry said Thursday.The ministry will issue 3.1 trillion won in Treasurys with a maturity of three years, and 2.7 trillion won in five-year go…

S. Korea tests homegrown space rocket’s first-stage engines

SEOUL– South Korea successfully conducted the second combustion test for the first-stage engines of its locally built space launch vehicle, pushing forward for a launch set for October this year, the science ministry said Thursday.The Korea Aerospace …