SEOUL, Oct. 17 (Korea Bizwire) — President Yoon Suk Yeol pledged on Tuesday to enhance the competitiveness of the country’s defense industry, saying that it is writing new history in a rags-to-riches narrative. Yoon made the remarks during the opening ceremony of the Seoul International Aerospace & Defense Exhibition (ADEX) 2023 at Seoul Air Base [...]
SEOUL, Oct. 17 (Korea Bizwire) — North Korea said Tuesday it has sent a delegation of sports officials to attend a forum in the Russian city of Perm in another exchange between the two countries seeking to strengthen military ties. A delegation led by Sports Minister Kim Il-guk departed the previous day to attend the [...]
SEOUL, Oct. 17 (Korea Bizwire) — North Korea on Tuesday lambasted the recent deployment of strategic assets by the United States to the Korean Peninsula and vowed to counter it with an “overwhelming and decisive response strategy.” The nuclear-powered USS Ronald Reagan aircraft carrierarrived at the southeastern port city of Busan on Thursday for a five-day [...]
SEOUL, Oct. 17 (Korea Bizwire) — South Korea’s defense ministry will open an annual international defense forum in Seoul on Tuesday for talks on promoting peace and cooperation against regional and global security challenges. The Seoul Defense Dialogue will bring together some 800 high-level security officials and civil experts from 56 countries, the North Atlantic [...]
SEOUL, Oct. 17 (Korea Bizwire) — South Korea is set to open its largest-ever defense exhibition Tuesday to boost exports of its latest weapons and technologies, with aerial displays of the homegrown KF-21 fighter jet and U.S. strategic bomber B-52. The Seoul International Aerospace & Defense Exhibition (ADEX) 2023 takes place at Seoul Air Base [...]
WASHINGTON, Oct. 16 (Korea Bizwire) — Two Russian ships made at least five round trips between North Korea and Russia, beginning mid-August, in what could be arms transfers, the Washington Post reported Monday, citing satellite imagery. Based on analysis by the Royal United Services Institute (RUSI), a London-based think tank, the ships have been travelling [...]
SEOUL, Oct. 17 (Korea Bizwire) – Infertile couples will receive support for treatment costs nationwide, regardless of their income level, starting from January 2024. Currently, only a few financially affluent municipal governments, including Seoul, provide support for infertility treatment costs regardless of the couple’s income level. Starting next year, however, this support will be expanded nationwide. Infertility [...]
SEOUL, Oct. 17 (Korea Bizwire) – The Ministry of Oceans, Trade, and Fisheries has announced a new initiative to boost employee morale, with the introduction of “praise coupons” for all employees. Each employee will receive ten coupons, each worth 1,000 won. They can use these coupons to commend their colleagues on an internal bulletin board, along with [...]
SEOUL, Oct. 16 (Korea Bizwire) – Two Korean photographs have been selected for the World Meteorological Organization’s (WMO) 2024 calendar photo contest. Every year, the World Meteorological Organization holds a photo contest for the following year’s calendar for its 193 member countries. The Korea Meteorological Administration announced that two photos submitted by South Korea, “Trace [...]
SEOUL, Oct. 16 (Korea Bizwire) — The top nuclear envoys of South Korea and the United States are set to meet in Indonesia on Monday to discuss North Korea’s nuclear and missile developments, Seoul’s foreign ministry said. Kim Gunn, the special representative for Korean Peninsula peace and security affairs, will hold a bilateral meeting with [...]