Author: Seoul Reporter

POHANG, South Korea — The Navy has carried out its first fleet-level maneuver drills within the southern and japanese seas, involving three Aegis-equipped destroyers and 4 different warships, to mark its eightieth founding anniversary, officers stated Tuesday.The drills, which kicked off Sunday for a three-day run, mark the Navy’s first train involving the commander of the naval Job Fleet Command, launched in February to raised counter North Korea’s army threats at sea.Marking its eightieth founding anniversary, which falls on Tuesday, the Navy carried out the primary fleet-level drills, upgrading from earlier flotilla- or squadron-level workouts and mobilizing three Aegis-equipped destroyers…

Hyundai Motor stated Tuesday it has been chosen because the provider for an Indonesian electrical bus mission on the resort island of Bali.The corporate stated its high quality competitiveness, after-sales service program and expertise in eco-friendly public tasks had been acknowledged by the mission organizers.Underneath the settlement, Hyundai Motor will present 10 County Electrical minibuses to Bali, which plans to function the automobiles as a part of its public transportation community.In April, Korea’s Ministry of Local weather, Power and Atmosphere signed a memorandum of understanding (MOU) with the Indonesian authorities to collaborate on remodeling Bali’s transportation system.As a part of…

(Captured from KBS) Because the KOSPI’s upward momentum continues, having surpassed the 4,000 mark, the focus of large-cap shares has intensified additional, with the 5 main conglomerates now accounting for greater than half of the full market capitalization of the South Korean inventory market. In keeping with Leaders Index on Nov. 11, the mixed market capitalization of 368 listed associates belonging to massive enterprise teams topic to disclosure necessities surged from 1,661.74 trillion gained (roughly $1.14 trillion) on Jan. 2 this 12 months to three,030.52 trillion gained on Nov. 3, marking a rise of 1,369…

Comic Park Mi-sun shared her expertise battling breast most cancers, talking publicly about her sickness for the primary time.TvN’s “You Quiz on the Block” posted a video Monday, titled “The sister we missed, Park Mi-sun! Her brave story and a shock letter,” that includes Park returning with a vivid expression after months out of the general public eye on account of worsening well being.Showing with brief hair, Park stated, “I believe many individuals can be stunned to see me like this. I gathered my braveness to come back right here.”Park halted all actions in January after experiencing well being issues.…

Ottogi Co., one in every of South Korea’s main meals producers, is partnering with BTS member Jin to broaden its presence in Indonesia, the world’s second-largest prompt noodle market. The collaboration facilities on the corporate’s halal-certified Jin Ramen, because the Ok-food maker accelerates its abroad push amid rising international demand for halal merchandise.Ottogi stated on Nov. 10 that it has begun promoting Jin Ramen and three styles of cheese ramen in Indonesia. The corporate obtained halal certification from the Indonesian Ulema Council (MUI) late final 12 months, in preparation for Indonesia’s plan to make halal certification necessary for all meals…

Galaxy S25 Extremely fashions (Courtesy of Samsung Electronics) Samsung Electronics Co. is contemplating elevating costs on its upcoming Galaxy S26 smartphones as a deepening international reminiscence chip scarcity drives up prices.Provides of DRAM, the important thing element utilized in smartphones and servers, have tightened sharply as main producers, together with Samsung and SK Hynix Inc., shift extra capability towards high-bandwidth reminiscence (HBM) chips utilized in synthetic intelligence purposes.The shift has lowered provides of general-purpose DRAM chips, prompting Apple Inc. and different smartphone makers to race to lock in long-term provide stretching by means of 2027.Analysis agency TrendForce has just lately…

(Captured from GC Biopharma web site) Main pharmaceutical firms have disclosed their tentative third-quarter outcomes this 12 months, revealing starkly contrasting fortunes in key indicators of gross sales and working revenue. Whereas GC Biopharma recorded quarterly gross sales within the 600 billion gained vary for the primary time, its working revenue declined considerably, alongside Yuhan Corp. and Chong Kun Dang, which additionally confirmed reducing working income. In distinction, Daewoong Pharmaceutical achieved an working revenue progress charge within the 50% vary amid sturdy gross sales of flagship merchandise equivalent to Nabota and expertise switch revenues from subsidiaries, whereas Boryung…

A delegation, led by a senior official of the Russian state-run media group Rossiya Segodnya, has arrived in Pyongyang, North Korea’s state media reported Tuesday, as the 2 nations have been deepening cooperation in varied fields.The delegation led by Sergei Kochetkov, first deputy editor-in-chief of the Russian media group, arrived in Pyongyang the day before today, the Korean Central Information Company (KCNA) stated in a brief dispatch.The delegation was greeted by officers from the KCNA and the Russian Embassy in North Korea, it added.The go to got here as Pyongyang and Moscow have been strengthening ties in varied areas, elevating…

The Jang Yeong-sil submarine (3,600-ton class), the primary submarine of the Jangbogo-III Batch-II collection, is displayed at Hanwha Ocean’s Geoje Shipyard forward of its launching ceremony final month. (Picture courtesy of the Navy) The Presidential Workplace and authorities have said that the development of nuclear-powered submarines, which the USA has agreed to allow, will happen domestically. Nevertheless, it’s unclear whether or not disagreements between South Korea and the U.S. have been utterly resolved, as U.S. President Donald Trump accepted Korea’s nuclear submarine development whereas stating that it could be “constructed on the wonderful American Philadelphia shipyard (Hanwha Ocean’s…

KB Monetary Group’s head workplace in Yeouido, Seoul (Photograph courtesy of KB Monetary Group) KB Monetary Group has determined to pour 110 trillion gained into productive and inclusive finance to foster strategic industries that may lead the nationwide economic system and create ecosystems. Specifically, KB Monetary will actively assist regional development initiatives for balanced nationwide improvement. KB Monetary introduced on Nov. 9 that it’ll allocate 93 trillion gained to productive finance and 17 trillion gained to inclusive finance over the following 5 years. To implement this plan, the group will function the KB Monetary Group…