SEOUL, Dec. 26 (Korea Bizwire) — President Moon Jae-in has pointed out the need for South Korea to have defense capabilities not only to deter North Korean threats but also to cope with its geopolitical position “stuck between great powers,” his aide said Sunday. Moon made the remarks during a meeting with his secretaries last [...]
SEOUL, Sept. 26 (Korea Bizwire) – The South Korean defense industry has been found to contribute little to creating job opportunities despite accounting for 10 percent of government spending, a new report has claimed. According to the new report by the Korea Institute for Industrial Economics & Trade released on Sunday, despite receiving 10 percent of [...]
NORTH CHUNGCHEONG, Aug. 18 (Korea Bizwire) – Journalists and military personnel rubbed shoulders at the new state of the art training grounds opened in Cheongan County on August 17. The 132,000-square-meter facility is the first of its kind that will be able to accommodate a full battalion of reserve forces and provide the latest in [...]