Korea's state arms procurement agency signaled on Wednesday that it might accept Indonesia's request to cut its pledged contribution to the KF-21 fighter jet project in return for fewer technology transfers.
The financial authorities released a draft guideline of the corporate value-up program, which was met with disappointment by the market for a lack of concrete measures.
South Korea will build its own maintenance facility for its F-35A stealth jets by 2027, a move that would enhance operational efficiency and reduce costs, the state arms procurement agency said Thursday.
Foreign investors net purchased 15.8 trillion won ($11.67 billion) in the Korean stock market in the first quarter, driven by the popularity of Samsung Electronics and Hyundai Motor shares.
The Los Angeles Rams are adding Korea, along with Japan, as “international marketing home areas,” according to the NFL on Tuesday.
The South Korean military will deploy domestically developed bunker-buster missiles capable of striking subterranean enemy targets this year, the Defense Ministry said Tuesday.
The government must lead the market down its long-term path.
HD Hyundai Heavy Industries remains eligible to bid on government contracts despite its employees' leakage of military secrets.
An Indonesian engineer suspected of attempting to steal technologies related to the domestically developed KF-21 fighter jet has been referred to police by the state arms procurement agency for investigation, defense officials said Thursday.
The Korean government’s planned announcement of policies aimed to boost the stock market is attracting foreign investors into the country, pushing up the price of undervalued stocks.
Korea JoongAng Daily Sitemap