National Defense Ministry

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 ...

South Korean President Yoon Suk-yeol on Wednesday called for measures to stabilize mounting price pressure caused by "oligopolies" in the banking an...

Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, said on Wednesday it aims to achieve 3.83 trillion w...

On Monday, South Korean proptech company Zigbang announced a partnership with Saudi Arabia's National Housing Company with the goal of digitalizing ...

Kepco Engineering & Construction Co. has teamed up with South Korea's defense company Terra Defense to establish a system aimed at protecting nu...

LG Electronics Inc. said on Sunday that it is offering technology training to help talented Cambodian youths become more self-reliant.For four days ...

South Korea's Hyundai Engineering on Sunday said the country's Ministry of Environment selected the company to receive electric vehicle (EV) infrast...

South Korea's defense contractor LIG Nex1 Co. will join hands with ROMARM, a Romanian state-run defense company, to develop anti-aircraft missiles a...

South Korean aircraft engine maker and defense utility company Hanwha Aerospace Co. has signed on Monday a memorandum of understanding (MOU) with Ro...

Hyundai Doosan Infracore Co., a South Korean construction equipment maker, won a 313.1 billion won ($255.5 million) defense deal from Turkey, sugges...