SEOUL, March 5 (Korea Bizwire) — A government audit has uncovered a growing black market for discounted goods from military stores, with unauthorized resellers exploiting various loopholes to secure products for resale through online marketplaces. According to a Defense Ministry audit report released by the Board of Audit and Inspection (BAI) on March 4, resellers have increasingly [...]
SEOUL, Feb. 27 (Korea Bizwire) — A new fleece sweater, combining practicality with style, has emerged as the most popular military-issued item among soldiers just one year after its introduction to South Korean troops. According to a survey conducted by the Korea Defense Daily from January 17 to 31, polling 535 soldiers about their favorite military-issued items, [...]
SEOUL, Feb. 19 (Korea Bizwire) — A total of 30 military service members, including 17 generals, have been under investigation over their alleged involvement in President Yoon Suk Yeol’s failed bid to impose martial law on Dec. 3, a lawmaker said Wednesday, citing a defense ministry report. Authorities have so far notified 17 generals and [...]
SEOUL, Jan. 21 (Korea Bizwire) — A military intelligence official was sentenced to 20 years in prison Tuesday on charges of handing over information of South Korean military undercover agents operating overseas, in return for bribes. The 45-year-old civilian employee at the Korea Defense Intelligence Command was indicted in August last year on allegations of [...]
SEOUL, Jan. 14 (Korea Bizwire) — South Korea has kicked off the development of a new homegrown missile system designed to intercept targets at higher altitudes, the state arms procurement agency said Tuesday, as the country seeks to bolster its air defense capabilities against North Korean threats. A meeting to discuss the development of the [...]
SEOUL, Jan. 3 (Korea Bizwire) — The military has deployed a new surveillance system using artificial intelligence technology at an eastern front-line unit, the state arms procurement agency said Friday, as the military seeks to harness the advanced technology to better deter North Korean threats. The new system deployed at the Army’s 22nd Infantry Division [...]
SEOUL, Jan. 2 (Korea Bizwire) — South Korea’s industry and defense ministries on Thursday signed an agreement to expand cooperation in using 3D printing technology to produce discontinued military parts. The two ministries have been using 3D printing technology since 2017 to produce parts difficult to procure for warships and tanks, with the latest agreement [...]
SEOUL, Dec. 24 (Korea Bizwire) — Song Min-ho of K-pop group WINNER has been discharged from the military, industry sources said Tuesday, amid allegations that he did not fulfill his duties properly. The sources said Song completed his mandatory service as a social service agent at a facility in Seoul’s Mapo district the previous day. [...]
SEOUL, Dec. 6 (Korea Bizwire) – South Korea’s military is grappling with a crisis of morale among its younger service members, following their controversial deployment during President Yoon Suk Yeol’s now-lifted martial law declaration. Dubbed the “MZ Martial Law Troops” for their composition of Millennial and Gen Z soldiers, many expressed disillusionment over being used [...]
SEOUL, Oct. 23 (Korea Bizwire) — South Korea plans to launch its third military reconnaissance satellite in December, the state arms procurement agency said Wednesday, as part of efforts to bolster its surveillance capabilities on North Korea. A SpaceX rocket carrying the satellite is scheduled to lift off in the third or fourth week of [...]