National Defense Ministry

South Korea’s sole military aircraft manufacturer Korea Aerospace Industries Ltd., (KAI) has finalized a contract to supply Malaysia with eigh...

National Pension Service (NPS) of South Korea, the world’s third-largest pension fund with 939 trillion won ($713 billion) in assets as of end...

South Korea and Canada will make close cooperation to strengthen their supply chains of critical minerals such as uranium and nickel, key materials ...

South Korea's Minister of SMEs and Startups Lee Young on Monday said the country will launch its 18th office for small and medium enterprises (SME) ...

South Korea, trailing in the global race for quantum technology, will open a new quantum technology-dedicated graduate school with a consortium led ...

South Korean Minister of Trade, Industry and Energy Lee Chang-yang discussed ways to strengthen industrial and trade cooperation with Lászl&o...

Defense, healthcare and semiconductor materials companies have been the main investment targets of global funds such as Fidelity and Morgan Stanley ...

SACHEON, South Gyeongsang Province – On a hot spring day in April, the roar of combat aircraft engines fills the air. It’s a normal day ...

Global pharmaceutical company Merck is considering a plan to establish a biopharmaceutical raw material production facility in Daejeon.South Korean ...

South Korea's sleep technology startup Asleep, which was part of an economic delegation accompanying President Yoon Suk Yeol's recent state visit to...

The South Korean Ministry of SMEs and Startups announced on Thursday that it has signed a business agreement with global certification agency UL Sol...

South Korea's game publisher WeMade Co. announced on Tuesday that it has signed a memorandum of understanding (MOU) with the Ministry of Investment ...

South Korea's SK Ecoplant Co. on Monday said it is conducting a project to recycle a small amount of carbon generated when a fuel cell produces elec...

South Korea will develop a reconnaissance and interception system to respond to North Korea's nuclear weapons and missile threats from space by rais...

South Korea's Ministry of SMEs and Startups held on Wednesday the "K-Deep Tech Startup Meetup" event at Startup Alliance & Space in Gangnam dist...

Sebastian Chwalek, the chairman of Poland's state-owned defense industry company PGZ, is reportedly meeting with domestic Korean companies regarding...

The Korean Defense Acquisition Program Administration (DAPA) teams up with major US defense contractor Boeing to conduct research and development on...

South Korea's state-run railway companies Korea Railroad (KORAIL) and Korea National Railway (KR) announced on Thursday that they had met with repre...

South Korea's pharmaceutical companies are competing to sell generic drugs to raise their presence on the domestic market for diabetes treatment wit...

HD Hyundai Heavy Industries (formerly Hyundai Heavy Industries Co. ) held on Monday a launch ceremony for the new 3,600-ton-class frigate "Chung...

South Korea’s liabilities ballooned last year following heavy fiscal spending related to the COVID-19 pandemic to buttress growth in Asia...

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...