national defense budget

South Korean shipbuilders won the most shipbuilding orders worldwide in October 2023. The country overtook China and claimed the lead in the global ...

Korea Aerospace Industries Ltd. (KAI) announced on Monday it has participated in Defense & Security 2023 exhibition in Bangkok, ThailandThe comp...

South Korea's Hanwha Ocean Co. will participate in Defense & Security (D&S) 2023 in Bangkok, Thailand. The company said on Thursday it ...

South Korea plans to allow non-professional workers from India and Lithuania to apply for the E-9 visa as the country struggles with a shrinking wor...

South Korea's Hanwha Aerospace Co. announced on Monday it signed a memorandum of understanding (MOU) with the Korea Automotive Technology Institute ...

RIYADH – Hyundai Motor Co. has agreed with the Public Investment Fund, Saudi Arabia’s sovereign fund, to set up a joint venture to build...

Hyundai Motor Group announced on Friday its plan to establish two research centers in conjunction with the University of London (UoL) to delve int...

South Korean low-cost carrier (LCC) Air Premia Inc. will make a decision on a rights offering worth up to 150 billion won ($110.4 million) at a boar...

Major South Korean companies’ spending on research and development lags investments made by their global competitors due to lower government t...

South Korea's LIG Nex1 Co. announced on Thursday that it has signed a memorandum of understanding for the future space, defense cloud transition wit...

Sport utility vehicles (SUV) and small pickup trucks in South Korea are occupying a larger share of the domestic automotive market.Industry sources ...

Recreational vehicles (RVs) in South Korea like sport utility vehicles (SUV) and small pickups are occupying a larger share of the domestic automoti...

South Korea's JW Pharmaceutical Corp. on Thursday said it received approval from Thailand's Food and Drug Administration to conduct Phase 3 clinical...

South Korea's Hanwha Aerospace Co. announced on Tuesday that it will unveil the latest model of its K9 self-propelled howitzer, the K9A2, at the Def...

South Korean fashion company The Nature Holdings Co. is set to expand the presence of its outdoor clothing brand National Geographic Apparel in Chin...

Korea Aerospace Industries Ltd. (KAI) announced on Wednesday that it is participating in the MSPO International Defence Industry Exhibition in Kielc...

Hyundai Motor Co. has emerged as Indonesia’s top electric vehicle seller, driven by its locally produced flagship model, the IONIQ 5, as the S...

Kia Corp. on Tuesday announced its participation in the MSPO International Defence Industry Exhibition in Kielce, Poland. This marks Kia's firs...

South Korea’s exports shrank last month for 11 consecutive months but signs of a recovery in demand for the country’s mainstay export it...

Lotte Wellfood announced on Friday that it has appointed K-pop girl group NewJeans as the global ambassador for its iconic snack brand, Pepero. Know...

South Korea's Coreline Soft, a maker of artificial intelligence (AI)-based imaging diagnostic materials, on Wednesday said it will sell its chest di...

The South Korean auto industry has called for an amendment in France’s new subsidy policy for electric vehicle purchases after voicing concern...

South Korea's Qurient Co. announced on Monday that it signed a research and development agreement with the US government agency National Cancer Inst...

South Korea’s chemicals-to-defense conglomerate Hanwha Group is preparing a bid for domestic low-cost carrier (LCC) Fly Gangwon under court pr...

South Korea is far more dependent than Japan on neodymium permanent magnets from China at 88%, while the rate for Japan, a land devoid of rare earth...

South Korea’s low-cost carriers (LCCs) posted their highest-ever quarterly profits on the back of a surge in international travel as the indus...

The identity verification app Pass of South Korea's three telecom companies has added another function: enabling a user to board a domestic flight w...

South Korea's Ministry of Trade, Industry and Energy on Wednesday said it will allocate 5 trillion won ($3.8 billion) of its R&D budget for exce...

South Korea's Naver Webtoon has made a name for itself as the top webtoon platform in France. Naver Webtoon announced on Monday that it participated...

South Korea’s Hyundai Engineering & Construction (E&C) has joined a post-war reconstruction project in Ukraine to expand the nation&rs...