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Asia & Pacific 2 months ago
PREMIUM
Indonesia to buy KF-21 directly from South Korea, drops FAL plan
The goverment and aircraft maker PT Dirgantara Indonesia (PTDI) guaranteed that all investments into human resources and facilities for the KF-21 program will not go to waste as they will still be used to support national defense industry development.
Asia & Pacific 2 months ago
South Korea, Japan reaffirm denuclearization goal, closer defense ties
South Korea and Japan on Sunday reaffirmed their commitment to the denuclearization of the Korean peninsula and agreed to revive joint search-and-rescue drills in a step forward for security ties between the neighboring countries.
Companies 2 months ago
Samsung Group to unveil $648 billion South Korea investments, report says
Samsung Group will announce on Monday plans to invest 1,000 trillion won (US$647.53 billion) in South Korea over 10 years, including a potential 300 trillion won to build chip factories in the southwest of the country, a media report said on Friday.
Asia & Pacific 3 months ago
South Koreans vote in local elections seen as gauge of President Lee's first year
South Koreans vote on Wednesday in local elections expected to boost President Lee Jae Myung's ruling Democratic Party, in the first nationwide ballot since his snap presidential election victory last year.
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