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Foreign reserves down for 3rd month in June on debt payments, currency swap
South Korea’s foreign reserves declined for a third consecutive month in June due to the central bank’s foreign currency swap with the country’s national
Lotte Biologics to open 1st plant to become global top 10 CDMO by 2030
Lotte Biologics Co. said Wednesday it has begun construction of its first production facility in South Korea, aiming to become one of the top
Defense ministry seeks to expand data, AI technology in military
Defense Minister Shin Won-sik and top military officials discussed Wednesday ways to incorporate more data and artificial intelligence (AI) technology in the defense sector
Thriving exports push Tien Giang closer to yearly goal
The Mekong Delta province of Tien Giang is making significant strides toward its yearly export target of 5 billion USD, thanks to a thriving
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Renault Korea and Kakao Mobility Join Forces for Next-Generation Mobility Services
Seoul: Renault Korea and Kakao Mobility have agreed to collaborate on next-generation mobility services, including high-precision mapping, software, and in-vehicle infotainment technologies, the companies said
Taihan Cable Secures Major 45 Billion-Won HVAC System Contract in Australia
Seoul: Taihan Cable and Solution Co., South Korea’s second-largest cable company, announced it has secured a significant order valued at 45 billion won (approximately US$30
DP Introduces Bill to Abolish Prosecution’s Right to Supplementary Investigations
Seoul: The ruling Democratic Party (DP) introduced a bill Wednesday aimed at abolishing the prosecution’s right to conduct supplementary investigations. This legislative proposal was put
S. Korea Urges U.S. to Reevaluate Proposed Tariff Over Forced Labor Concerns
Washington: South Korea has called on the Office of the U.S. Trade Representative (USTR) to reconsider its proposed tariff on South Korea over forced labor