SEOUL, Feb. 13 (Korea Bizwire) – North Korea has claimed it successfully test-launched a new medium-range ballistic missile that is capable of carrying a nuclear warhead, the country’s state-run media said Monday. The Korean Central News Agency said the Pukguksong-2 strategic weapon system was successfully test-fired Sunday. It added that the missile launched from a [...]
SEOUL, Feb. 7 (Korea Bizwire) – A resumption of the now-shuttered joint industrial complex could spark a row over the breaking of the latest U.N. sanctions resolutions against North Korea, a government official said Tuesday. With the shutdown of the Kaesong Industrial Complex marking the first anniversary this week, whether to resume the factory zone [...]
SEOUL, Feb. 7 (Korea Bizwire) – Retired Lieutenant General Chun In-bum, the former commander of the South Korean army’s Special Warfare Command, recently announced that he would be joining the Moon Jae-in presidential campaign, to much surprise. Chun said that his decision to back Moon was aimed at improving the condition of the equipment used [...]
SEOUL, Feb. 3 (Korea Bizwire) – China has taken a total of 43 retaliatory actions against the South Korean entertainment sector and trade goods in reprisal for Seoul’s plan to deploy the U.S.-made Terminal-High Altitude Area Defense (THAAD) system, a national think tank said Friday. The number was tallied by the state-run Korea Institute for [...]
SEOUL, Feb. 1 (Korea Bizwire) – The United States plans to deploy 12 F-16 fighter planes to South Korea this month, the U.S. Pacific Air Forces Command said Wednesday, Washington’s first deployment of military assets since the inauguration of U.S. President Donald Trump. “Approximately 200 airmen and 12 F-16 Fighting Falcons with the 119th Fighter [...]
SEOUL, Jan. 31 (Korea Bizwire) – Defense chiefs of South Korea and the United States on Tuesday reaffirmed the planned deployment of an advanced missile defense system this year to counter growing threats from North Korea. Defense Minister Han Min-koo and U.S. Defense Secretary James Mattis talked over the phone to confirm that the Terminal [...]
SEOUL, Jan. 24 (Korea Bizwire) – There are roughly 650,000 enlisted soldiers serving in the South Korean military. Facing a million-strong force to the North, food is an essential part of the military in keeping soldiers in the best shape possible. The Ministry of Defense announced Tuesday that it has recently made several changes to [...]
SEOUL, Jan. 24 (Korea Bizwire) – Malaysia has been banning North Korean passenger jets from its airspace as part of its efforts to implement a United Nations Security Council (UNSC) sanctions resolution against the reclusive country. Malaysia’s implementation report on Resolution 2270, which was submitted to the U.N. in August, showed that the country has [...]
SEOUL, Jan. 19 (Korea Bizwire) – A recent report by the North Korea Resource Institute, based in Seoul, revealed that despite the abundance of natural resources in North Korea, the country is failing to make best use of its assets due to the poor state of the country’s processing facilities and a shortage of electric [...]
SEOUL, Jan. 18 (Korea Bizwire) – The Russian military has conducted another successful launch of its Topol-M intercontinental ballistic missile, which, according to officials, can penetrate the THAAD missile battery, the U.S. anti-ballistic missile system the South Korean government is looking to deploy. According to local sources on January 17, a single Topol-M missile was [...]