Author: Seoul Reporter

[ad_1] SK Pharmteco’s CI (Picture courtesy of SK Pharmteco) International pharmaceutical firm Eli Lilly will set up a manufacturing base in South Korea for “Mounjaro,” a glucagon-like peptide-1 (GLP-1) class weight problems therapy. That is anticipated to turn out to be the primary case of a GLP-1 class weight problems therapy being manufactured within the nation. Underneath a deal to be introduced later this 12 months, SK Biotek, a Korean subsidiary of SK Pharmteco, a worldwide CDMO operation wholly owned by SK Inc., is anticipated to supply the energetic pharmaceutical ingredient (API), whereas a separate accomplice will take cost…

[ad_1] The Korea Enterprises Federation (KEF) constructing in Mapo-gu, Seoul (Picture courtesy of the Korea Enterprises Federation) A survey reveals that 46 p.c of enterprise websites with 300 or extra workers, categorised as massive companies, plan to broaden abroad funding subsequent yr. In distinction, solely 25 p.c plan to broaden home funding and 40 p.c are contemplating decreasing funding, elevating considerations of “industrial hollowing-out.” On Nov. 30, the Korea Enterprises Federation (KEF) introduced the outcomes of the “2026 Company Administration Outlook Survey” performed with chief government officers (CEOs) and executives from 229 corporations with 30 or…

[ad_1] Building netting discovered on the website of a large blaze that engulfed a number of excessive rises in Hong Kong didn’t meet fireplace security requirements, native anti-corruption officers stated Monday. These officers additionally accused contractors working on the buildings of intentionally concealing the substandard materials earlier than the hearth by utilizing patches of top quality netting in areas that will be accessible to security inspectors. [ad_2]

[ad_1] This picture reveals the Vega-C rocket with the Arirang 7 satellite tv for pc on the Guiana Area Centre in French Guiana, Monday. Courtesy of ArianespaceArirang 7, Korea’s multipurpose satellite tv for pc, has efficiently communicated with a floor station after lifting off from an area middle in South America, the nation’s area company mentioned Tuesday.Also called the Korea Multipurpose Satellite tv for pc 7, the satellite tv for pc made contact with Russia’s Antarctic floor station at 3:30 a.m. (Korean time) after launching from the Guiana Area Centre in French Guiana aboard the Vega-C rocket operated by France-based…

[ad_1] Individuals store at a grocery store in Seoul, Nov. 24. YonhapKorea’s shopper costs grew over the Financial institution of Korea’s 2 % goal for the third consecutive month in November, authorities information confirmed Tuesday.Shopper costs, a key gauge of inflation, elevated 2.4 % from a yr earlier final month, based on the information from the Ministry of Knowledge and Statistics.In 2025, inflation had remained above 2 % for 4 consecutive months via April earlier than slowing to 1.9 % in Might.It later rose above 2 % in each June and July earlier than briefly slowing to 1.7 % in…

[ad_1] First Vice Overseas Minister Park Yoon-joo, proper, poses with U.S. Deputy Secretary of State Christopher Landau throughout their assembly in Seoul, July 18. Courtesy of Ministry of Overseas Affairs Korea has urged the USA to swiftly begin consultations that would enable the method for Seoul to counterpoint uranium and reprocess spent nuclear gas for peaceable makes use of, the international ministry stated Tuesday.First Vice Overseas Minister Park Yoon-joo made the remarks throughout his talks with Deputy Secretary of State Christopher Landau in Washington on Monday (native time), the primary high-level follow-up dialogue for the reason that launch of their…

[ad_1] Ukrainian President Volodymyr Zelensky speaks throughout a joint press convention along with his French counterpart on the Elysee Presidential Palace in Paris, Monday. Zelensky meets French counterpart Emmanuel Macron, searching for to shore up European assist as U.S. President expressed optimism of a deal to finish Russia’s battle in Ukraine. AFP-YonhapWASHINGTON — The White Home mentioned Monday it was “very optimistic” of a deal being reached to finish the Russia-Ukraine battle, as U.S. envoy Steve Witkoff heads to Moscow for talks with President Vladimir Putin.”I feel the administration feels very optimistic,” White Home Press Secretary Karoline Leavitt instructed reporters.She…

[ad_1]   Semiconductor chips are seen on a printed circuit board on this illustration image. (REUTERS) November exports this yr elevated 8.4% in comparison with the identical month final yr, setting a brand new report excessive for November. This was attributed to continued robust export efficiency centered on semiconductors.   The Ministry of Commerce, Trade and Sources introduced the 2025 November Import and Export Tendencies on Dec. 1. In response to the ministry’s report, final month’s exports totaled $61.04 billion, an 8.4% improve in comparison with November final yr. Though the variety of…

[ad_1] Cowl artwork from the Little Golden Guide Biography collection that includes Okay-pop teams BTS, left, and BLACKPINK, each revealed earlier this yr / Courtesy of Penguin Random HomeA style as soon as outlined by teen and younger grownup fandoms, Okay-pop is now step by step pushing into kids’s leisure, getting into areas historically stuffed by preschool reveals and newbie e book collection.The growth introduces the style to a number of the youngest media customers but — a growth educators and analysts say might have lasting results on how kids kind cultural tastes and media routines.One of many newest examples…

[ad_1] Blast furnace at Gwangyang Metal Works (Picture courtesy of POSCO) Canada’s choice to strengthen tariff boundaries to guard its home metal trade amid a commerce struggle with america has elevated the chance that a few of Korea’s metal merchandise might be caught within the crossfire. The difficulties are anticipated to persist as this stems from the influence of excessive tariffs imposed by U.S. President Donald Trump concentrating on Canada. Based on Bloomberg and different overseas media shops, Canadian Prime Minister Mark Carney held a press convention on Nov. 26 (native time) and introduced metal…