National Defense Ministry

South Korea's Fair Trade Commission (FTC) on Monday said it is discussing corrective measures with Hanwha Group over fears that the conglomerate's a...

Spot, a dog-like robot developed by South Korea’s top automaker Hyundai Motor-owned Boston Dynamics Inc., has joined in the country’s bi...

Resuming flights from Incheon International Airport to and from Prague, Czech Republic, and Zurich, Switzerland, to expand its air traffic, South Ko...

South Korea's the Ministry of Food and Drug Safety announced on Friday that it had revised the "Risk Management Plan (RMP) Guidelines" to allow for ...

LIG Nex1 Co. and Republic of (South) Korea Air Force Academy have agreed on close cooperation in joint research on defense technology and personnel ...

South Korea’s mandatory quarantine for confirmed COVID-19 patients from May will be cut from seven days to five, as the country is expected to...

Korea Securities Depository announced on Wednesday that Clearstream, the operator of the International Central Securities Depository (ICSD), had obt...

South Korea's Hyundai Engineering & Construction (E&C) and Korea Aerospace Industries Ltd. (KAI) will jointly develop an export package for ...

South Korea is expected to log another year of record defense exports in 2023 thanks to growing military budgets across the world as local major arm...

Korea Western Power Co. (KOWEPO) has won its country's first project in solar power generation in Oman.The company on Tuesday announced its successf...

Hyundai Motor Co. and Kia Corp. will form a research ecosystem for sustainable electric vehicle (EV) energy with Seoul National University, Chung-An...

SEOUL—The U.S. Chips Act is dangling billions of dollars in subsidies in front of the world’s biggest semiconductor manufactur...

Boeing Co.’s leading South Korean contractor aims to develop unmanned aerial vehicles with guided weapons, given the rapidly growing military ...

H2O Hospitality Ltd., a South Korean company specializing in digital transformation in the hospitality and leisure industries, announced on Monday t...

South Korea’s environment ministry conditionally approved the construction of a new airport on Jeju Island with a 6.7 trillion won ($5.2 billi...

HYBE Co. has raised its stake in the K-pop pioneer SM Entertainment Co. by merely 0.98% in a tender offer, after just one institution and minority i...

South Korea's defense and IT service company Hanwha Systems Co. will develop core technology for an active protection system (APS), or state-of-the-...

South Korea’s auto production last year ranked fifth worldwide for the third year in a row.A report on world automotive output from the Korea ...

DB Insurance has acquired Vietnam National Aviation Insurance (VNI), Vietnam's 10th-largest property and casualty(P&C) insurance company. With a...

South Korean companies with a large proportion of sales to emerging Asia are expected to shine in the stock market this year as their revenue from t...

The American Chamber of Commerce (AmCham) in South Korea on Thursday said it seeks to make the nation Asia's top business hub on the 70th anniversar...

South Korea's Hanwha Aerospace Co. has secured technology to respond to threats from unmanned aerial vehicles such as drones.The company seeks the a...

South Korea plans to accelerate growth in the defense industry, a future growth engine of Asia’s fourth-largest economy, by investing more tha...

Forty-six companies in South Korea including three in mobile telecommunications are participating in the Korean-style urban air mobility (UAM) demon...

The Hyundai Motor Group is set to become South Korea’s first conglomerate to disclose dividend allocations ahead of the ex-dividend date, a mo...

Hyundai Heavy Industries Co. signed a business agreement for jointly developing seawater electrolysis system core technology at the Korea Institute ...

CJ Logistics said on Tuesday that it has opened an office in Wroclaw, Poland’s largest industrial city located in the southwest, as part of th...

On Monday, Kia Corp. announced its participation in IDEX 2023, a defense industry trade show being held at the National Exhibition Center in Abu Dha...

The South Korean finance ministry on Friday confirmed that the country’s economy has slowed, mired in stubbornly high inflation and sluggish e...

South Korea’s major companies in shipbuilding, defense and construction industries expect strong earnings this year, despite growing concerns ...