SEOUL, Dec. 5 (Korea Bizwire) — Choi Byung-hyuk, the nominee to lead the defense ministry, is a retired four-star Army general currently serving as the ambassador to Saudi Arabia. Choi, a graduate of the Korea Military Academy, served as the commander of a security brigade and the director of operations at the Capital Defense Command [...]
SEOUL, Dec. 5 (Korea Bizwire) — Former Defense Minister Kim Yong-hyun ordered troops to infiltrate the National Assembly and block lawmakers from entering the compound during martial law, vice defense minister said Thursday. Vice Defense Minister Kim Seon-ho made the remark in response to a lawmaker’s question in a parliamentary session, as South Korea is [...]
SEOUL, Dec. 4 (Korea Bizwire) – South Korean businesses faced an unexpected disruption overnight as President Yoon Suk-yeol declared martial law late on December 3, prompting widespread adjustments across industries before the emergency was rescinded hours later. Rapid Shift to Remote Work Companies with offices in key areas, particularly Yeouido, moved swiftly to protect employees. [...]
SEOUL, Dec. 3 (Korea Bizwire) – President Yoon Suk Yeol declared martial law late Tuesday, citing escalating threats to national security and constitutional order. The announcement, delivered in an emergency address from the presidential office in Yongsan, invoked Article 77 of the South Korean Constitution, which permits martial law in cases of war, armed conflict, or [...]
SEOUL, Dec. 3 (Korea Bizwire) – President Yoon Suk Yeol declared martial law on December 3, pledging to “rebuild and safeguard the Republic of Korea from descending into ruin.” The announcement came during an emergency briefing held at the presidential office in Yongsan, Seoul. In response, Defense Minister Kim Yong-hyun convened a late-night meeting with senior [...]
SEOUL, Dec. 3 (Korea Bizwire) – South Korea is introducing stricter penalties for crimes involving the unauthorized transfer of defense industry technology abroad, reflecting heightened concerns over national security. The Ministry of National Defense and the Defense Acquisition Program Administration announced on Tuesday that amendments to the Defense Industry Technology Protection Act were promulgated and will [...]
SEOUL, Dec. 2 (Korea Bizwire) — Ukrainian President Volodymyr Zelenskyy has said North Korean soldiers deployed to western Russia have been killed or injured during combat against Ukrainian forces, adding to global criticism they will be used as “cannon fodder” for Moscow, a Japanese report showed. Zelenskyy shared the assessment during an interview with Japan’s [...]
SEOUL, Dec. 2 (Korea Bizwire) — STX Corp., a South Korean general trading firm, said Monday that it has signed a US$60 million contract with the Peruvian Army’s weapons manufacturing body to export 30 armored vehicle units to the South American nation. Under the deal with the Peruvian Army Arsenal, STX will ship 30 units [...]
SEOUL/BUSAN, Dec. 2 (Korea Bizwire) — A new 8,200-ton Aegis destroyer armed with an advanced missile interception platform was commissioned Monday, the Navy said, in a move to bolster the Navy’s air defense capabilities against North Korean missiles. A commissioning ceremony for the Jeongjo the Great destroyer, named after a visionary king of the Joseon [...]
SEOUL, Nov. 27 (Korea Bizwire) – South Korean President Yoon Suk Yeol met with a Ukrainian delegation on November 27, led by Ukraine’s Defense Minister Rustem Umerov, to explore effective responses to security threats posed by North Korea-Russia military cooperation. The delegation reportedly sought South Korea’s support, including potential arms aid, although specific details were not [...]