WASHINGTON, Sept. 13 (Korea Bizwire) — The United States is concerned about growing defense cooperation between North Korea and Russia, a National Security Council (NSC) official said Wednesday, adding the U.S. will take appropriate steps if necessary to counter any potential arms deal between the two countries. John Kirby, NSC strategic communications coordinator, underscored that [...]
SEOUL, Sept. 11 (Korea Bizwire) — South Korea’s Air Force chief will visit the United States and Canada this week to meet senior military officials and hold bilateral talks on security and arms industry cooperation, officials said Monday. Gen. Jung Sang-hwa, the Air Force’s chief of staff, will embark on the weeklong trip later in [...]
SEOUL, July 6 (Korea Bizwire) — LG Group, South Korea’s fourth-largest conglomerate, is apparently looking to beef up its business relationship with Apple Inc., industry insiders said Tuesday, amid rumors that its electronics affiliate may sell the U.S. tech titan’s products at its retail shops. LG recently held a special promotion for iPhones, iPads and [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korea said Wednesday it plans to hold a virtual meeting with Myanmar to share ways to expand their economic ties and overcome economic jitters sparked by the new coronavirus pandemic. Industry Minister Sung Yun-mo plans to meet his Myanmar counterpart, Than Myint, later in the day through a [...]
SEOUL, Aug. 21 (Korea Bizwire) — South Korea’s major telecom operators are expanding cooperation with financial firms for data-based services, industry officials said Friday, as they seek new businesses based on their troves of user data after changes to the country’s data privacy laws. Earlier this month, amendments to the Personal Information Protection Act came [...]
SEOUL, July 7 (Korea Bizwire) – South Korea said Thursday it will hold working-level talks with France this week on promoting a partnership in the nuclear energy field. The two-day bilateral “joint coordinating committee” meeting is due to open in Seoul later in the day, according to the Ministry of Science, ICT and Future Planning. [...]
SEOUL, May 3 (Korea Bizwire) — Leading business groups of South Korea and Iran agreed Tuesday to promote commercial and industrial partnerships by establishing consultative bodies. The Korea Chamber of Commerce and Industry (KCCI) said it has signed a memorandum of understanding with Iran’s Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA). The KCCI will [...]
SEOUL, South Korea, Sept 25 (Korea Bizwire) – A second achievement of the twinning project, a crucial institution building instrument used today by nations for capability transfer, between Korea and Saudi Arabia will materialize very soon. The Korean Ministry of Health and Welfare said on September 24 that the Gachon University Medical School and Saudi [...]