Korea Joongang Daily
Korea JoongAng Daily

Gov't to revise distribution industry act to address imbalances between online, offline businesses

The Democratic Party (DP), the government and the Blue House decided to revise the Distribution Industry Development Act at a high-level policy meeting at the prime minister’s official residence in Samcheong-dong, central Seoul, on Sunday.

2026-02-09

Vance calls on allies to join 'critical minerals trading bloc' amid efforts to counter China's supply chain clout

U.S. Vice President JD Vance on Wednesday called on allies and partners to join an envisioned critical minerals trading bloc, casting them as being "on the same team," as Washington steps up efforts to counter China's formidable influence.

2026-02-05

Lee refutes opposition party's criticism over housing supply plan

President Lee Jae Myung on Monday refuted criticism by the main opposition party over the government's plan to supply homes to stabilize the property market.

2026-02-02

U.S. hosts finance ministerial talks with Korea, Japan, others on critical mineral supply chains

The United States convened a meeting of finance ministers from Korea, Japan and other partners in Washington on Monday to discuss efforts to secure supply chains for critical minerals, the Treasury Department said.

2026-01-13

Korea to create 200 billion won fund for underdeveloped regions in 2026

The government will create a 200 billion won ($138 million) fund this year to ensure a steady supply of investment capital for regions struggling with population decline and a weakening industrial base, the Finance Ministry said Wednesday.

2026-01-07

Trade minister calls for expanded ties with Japan in supply chains, advanced industries

Trade Minister Yeo Han-koo urged enhanced cooperation with Japan in supply chains and advanced industries, highlighting the benefits of Japanese investment in Korea amid global trade uncertainty and shared challenges faced by both nations.

2025-12-11

Homeplus faces supply disruptions as companies suspend shipments amid liquidity crisis

The presidential office said Sunday it has established task force teams to support Korea's working-level negotiations with the United States on nuclear-powered submarines, uranium enrichment and Korea's share of defense costs.

2025-12-07

Korea, France to hold industrial cooperation committee to discuss pending trade issues

Korea and France were set to hold a bilateral industrial cooperation committee Wednesday to discuss ways to promote industrial and supply chain cooperation between the two countries as well as pending trade issues, Seoul's Industry Ministry said.

2025-12-03

Korea, Qatar discuss cooperation in energy supply chains, construction, shipbuilding

Industry Minister Kim Jung-kwan met with Qatar's energy minister in Seoul on Wednesday to discuss bilateral cooperation in energy supply chains, plant construction and shipbuilding.

2025-11-12

Korea secures 260,000 Nvidia Blackwell chips to power national AI expansion

Nvidia will supply 260,000 Blackwell processors to strengthen Korea’s artificial intelligence infrastructure — the largest volume the U.S. chipmaker has pledged to a single country — as part of efforts to embed AI across the nation’s supply chains.

2025-10-31