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DAPA Chief Visits Indonesia for Talks to Resolve Payment Issues on Joint Fighter Jet Project

DAPA Chief Visits Indonesia for Talks to Resolve Payment Issues on Joint Fighter Jet Project

SEOUL, Oct. 5 (Korea Bizwire) — The head of South Korea’s arms procurement agency has visited Indonesia to try to resolve Jakarta’s unpaid share of costs for a joint fighter jet development project, his office said Thursday. Eom Dong-hwan, minister of the Defense Acquisition Program Administration (DAPA), left for Indonesia on Wednesday and is expected [...]

Pro-N. Korea Paper Touts Pyongyang’s Nuclear Force-building Policy in Constitution

Pro-N. Korea Paper Touts Pyongyang’s Nuclear Force-building Policy in Constitution

SEOUL, Oct. 5 (Korea Bizwire) — A pro-North Korean newspaper said Thursday that Pyongyang’s status as a nuclear state has become “irreversible” with the recent stipulation of a nuclear force-building policy in its constitution. In a key parliamentary meeting attended by leader Kim Jong-un last week, the North stipulated the policy of strengthening its nuclear [...]

S. Korea, Greece Discuss Ways to Boost Economic Cooperation

S. Korea, Greece Discuss Ways to Boost Economic Cooperation

SEOUL, Oct. 5 (Korea Bizwire) — South Korea’s Industry Minister Bang Moon-kyu met with a senior Greek official Thursday and discussed ways to boost bilateral cooperation on the eco-friendly shipbuilding industry and the overall economy, the industry ministry said. During a meeting with Kostas Fragogiannis, Greece’s deputy foreign and economic minister, Bang called for joint [...]

S. Korea, U.S. Closely Monitoring N. Korea for Signs of Nuclear Reactor Halt

S. Korea, U.S. Closely Monitoring N. Korea for Signs of Nuclear Reactor Halt

SEOUL, Oct. 5 (Korea Bizwire) — The intelligence authorities of South Korea and the United States are closely monitoring North Korea for signs the reclusive regime appears to have halted operations of a nuclear reactor in its Yongbyon nuclear complex, Seoul’s defense ministry said Thursday. The Dong-A Ilbo earlier reported the allies’ intelligence authorities have [...]

S. Korea Goes All-out to Support EV, Battery Sectors for Export Growth

S. Korea Goes All-out to Support EV, Battery Sectors for Export Growth

SEOUL, Oct. 5 (Korea Bizwire) — South Korea will extend support for electric vehicles (EVs), secondary batteries and other major industry fields in an effort to boost exports amid signs of a turnaround after a yearlong downturn, the industry ministry said Thursday. The Ministry of Trade, Industry and Energy held a meeting with relevant ministries [...]

Diary-Like Records of School Life Bring Solace to Young Workers

Diary-Like Records of School Life Bring Solace to Young Workers

SEOUL, Oct. 5 (Korea Bizwire) – An increasing number of young workers are seeking peace of mind and solace in diary-like records of their school life. It has become a new trend among young workers to obtain official records of their school life, capture them in photos, and upload them on social media. Riding on the [...]