Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on South Korea Business Ledger.
South Korea Plans Revival of North Korea Agreements
MENAFN
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August 18, 2025
(MENAFN) South Korean President Lee Jae Myung has instructed government departments to begin preparing for a step-by-step enactment of prior arrangements made with North Korea, as highlighted by media sources. "I ask the relevant ministries to...
South Korea, U.S. Launch Large-Scale Annual Military Drills
MENAFN
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August 18, 2025
(MENAFN) The United States and South Korea commenced their large-scale annual joint military exercise Monday, aiming to bolster defense readiness against “threats” from North Korea, according to local reports. The Ulchi Freedom Shield (UFS)...
South Korea Set to Dispatch Envoys to China
MENAFN
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August 18, 2025
(MENAFN) South Korean President Lee Jae Myung is dispatching a delegation of special envoys to China next week, signaling Seoul’s intent to maintain stable ties with Beijing even as it deepens coordination with long-standing allies Japan and the...
South Korean Peace Activists Urge End to Seoul-Washington Military Drills
MENAFN
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August 18, 2025
(MENAFN) South Korean peace activists have called on Seoul and Washington to immediately cease their joint military exercises, warning that these drills only intensify military tensions on the Korean Peninsula. On Monday, combined South Korean and...
South Korea's Leader Public Support Slides to 68 Percent
MENAFN
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August 18, 2025
(MENAFN) South Korean President Lee Jae-myung saw his public support dip last week, with his approval rating falling by 3.3 percentage points to 68.0%, according to a new survey released Monday by local pollster Flower Research. At the same time,...
US, South Korea Begin Joint Military Drills
MENAFN
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August 18, 2025
(MENAFN) The United States and South Korea commenced a major annual combined military exercise on Monday, aiming to reinforce their preparedness in response to perceived "threats" from North Korea, according to local reports. The 11-day operation,...
Circular Economy in Packaging Market Driving Sustainable Growth to 2034 | Towards Packaging
GlobeNewswire, Inc.
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August 18, 2025
Ottawa, Aug. 18, 2025 (GLOBE NEWSWIRE) -- The global circular economy in packaging market size stood in 2025 and is projected to grow by 2034, according to a study published by Towards Packaging, a sister firm of Precedence Research. The circular...
Lianhe Sowell International Group Ltd Announces Financial Results for Fiscal Year 2025
GlobeNewswire, Inc.
·
August 18, 2025
SHENZHEN, China, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Lianhe Sowell International Group Ltd (Nasdaq: LHSW) (the “Company” or “Lianhe Sowell”), a provider of industrial machine vision products and solutions in China, today announced its financial...
South Korea Witnesses Sharp Rise in Cyberattacks
MENAFN
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August 17, 2025
(MENAFN) South Korea’s defense forces intercepted over 9,200 cyber intrusion attempts in the first half of 2025, reflecting an almost 45% increase compared to the same timeframe last year, according to reports from local news outlets on Sunday....
South Korea Foils Over 9,200 Cyberattacks in 2025
MENAFN
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August 17, 2025
(MENAFN) South Korea’s military repelled over 9,200 cyberattacks in the first six months of 2025 — a staggering 44.7% surge from the same period last year, according to local reports citing data obtained by Rep. Yu Yong-weon of the main opposition...
Japan Condemns South Korean Research Vessel Near Contested Islets
MENAFN
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August 17, 2025
(MENAFN) Japan has formally protested against a South Korean research ship operating near contested islets in the East Sea, also referred to as the Sea of Japan. Masaaki Kanai, chief of the Japanese Foreign Ministry’s Asian and Oceanian Affairs...
Apartment Fire Leaves Two dead, 13 Injured in South Korea
MENAFN
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August 17, 2025
(MENAFN) Two fatalities and 13 injuries resulted from a fire that erupted Sunday morning in a Seoul apartment complex, a local news agency reported. The blaze ignited around 8:10 a.m. local time (2310 GMT Saturday) in a 20-story residential...
Spotlite Announces Upcoming US Expansion, Bringing Proven Global Platform to the American Fashion Market
EIN Presswire
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August 18, 2025
SEOUL, SOUTH KOREA, August 18, 2025 /EINPresswire.com/ -- Spotlite, the global platform transforming talent connections and pioneering digital asset protection in the fashion industry, today announced its upcoming expansion into the United...
South Korea Poised to Reactivate Shin-Hanul 2 Reactor
MENAFN
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August 14, 2025
(MENAFN) South Korea’s Shin-Hanul 2 nuclear reactor is set to resume operations after the country’s Nuclear Safety and Security Commission gave the green light on Thursday. A Seoul-based news agency reported the reactor had been offline since...
South Korean Falconer Set to Make History at International Falcon Breeders Auction
EIN Presswire
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August 14, 2025
South Korean Falconer Set to Make History at International Falcon Breeders Auction RIYADH, SAUDI ARABIA, August 14, 2025 /EINPresswire.com/ -- South Korean breeder Dong Kaj Shin is preparing to become the first falconer from South Korea to...
Robotic Process Automation Market Size to Hit USD 211.06 Billion by 2034 Driving Enterprise Efficiency and Cost Savings Through Automation
GlobeNewswire, Inc.
·
August 18, 2025
Ottawa, Aug. 18, 2025 (GLOBE NEWSWIRE) -- The global robotic process automation market size surpassed USD 22.80 billion in 2024 and is predicted to rise from USD 28.31 billion in 2025 to USD 35.27 billion in 2026 and it is projected to exceed...
South Korea's Tax Revenue Jumps in First Half of 2025
MENAFN
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August 14, 2025
(MENAFN) South Korea's tax revenue surged in the first half of 2025, driven by increases in both corporate and income taxes, the Ministry of Economy and Finance reported Thursday. For the January to June period, tax revenue totaled 190.0 trillion...
South Korea Announces Extension of Fuel Tax Reductions
MENAFN
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August 14, 2025
(MENAFN) South Korea's Ministry of Finance announced on Thursday that it will extend its fuel tax reductions for another two months to help alleviate rising fuel expenses for consumers. The current tax breaks—10% on gasoline and 15% on diesel and...
South Korea Sees Increase in Import Prices for July
MENAFN
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August 14, 2025
(MENAFN) Import prices to South Korea saw a notable increase in July, reversing a five-month decline, driven by the weakening of the Korean won against the U.S. dollar and a rise in crude oil costs, according to Bank of Korea (BOK) data released...
South Korea Posts Surge in Exports for Sixth Straight Month
MENAFN
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August 14, 2025
(MENAFN) South Korea's export volumes continued their upward trajectory for the sixth month in a row, driven by robust demand for electronic goods, according to data released Thursday by the Bank of Korea (BOK). The export volume index rose 8.2%...