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’s President Set to Meet Trump on August 25
MENAFN
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August 12, 2025
(MENAFN) South Korean President Lee is scheduled to visit Washington for his inaugural summit with U.S. President Donald Trump on August 25, according to South Korean media. This pivotal meeting marks the first in-person encounter between Lee, who...
South Korea, Vietnam Forge Stronger Trade Ties
MENAFN
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August 11, 2025
(MENAFN) South Korean President Lee Jae-myung held talks Monday with Vietnamese leader To Lam, as the two countries pledged to intensify economic and strategic collaboration, including a push to expand bilateral trade to $150 billion by 2030. The...
US, South Korea Join to Recover War Remains
MENAFN
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August 11, 2025
(MENAFN) The United States and South Korea have agreed to enhance their joint efforts in locating and returning the remains of troops who perished during the Korean War, according to a media outlet based in Seoul. This agreement was finalized...
South Korea’s Military Forces Decline
MENAFN
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August 11, 2025
(MENAFN) South Korea's armed forces have diminished to approximately 450,000 personnel, marking a 20% reduction over the past six years, according to a defence ministry report disclosed by a ruling party legislator on Sunday. Officials attribute...
South Korea Posts Decline in Early August Exports
MENAFN
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August 11, 2025
(MENAFN) South Korea’s exports declined by single digits in the first 10 days of August, primarily due to fewer working days, official customs data revealed Monday. Exports totaled $14.71 billion in the August 1-10 period, marking a 4.3 percent...
South Korea Reports Drop in July Unemployment Claims
MENAFN
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August 11, 2025
(MENAFN) South Korea saw a decline in new jobless claims in July, driven by weaker demand in construction, as well as the lodging and eatery sectors, government figures revealed on Monday. The Ministry of Employment and Labor reported that the...
South Korea Posts 4.3 Percent Decline in Exports
MENAFN
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August 11, 2025
(MENAFN) South Korea’s exports declined by 4.3% in the first 10 days of August compared to the same period a year earlier, according to data released Monday by the Korea Customs Service. The drop was largely due to a shorter working period, with...
North Korea Condemns US, South Korea Military Drills
MENAFN
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August 11, 2025
(MENAFN) North Korea on Monday strongly criticized a major combined military exercise planned by the United States and South Korea, issuing a stern warning that it would invoke its "self-defense" rights if any hostile actions occurred, according...
POET Technologies Reports Second Quarter 2025 Financial Results
GlobeNewswire, Inc.
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August 11, 2025
TORONTO, Aug. 11, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data...
FibroGen Reports Second Quarter 2025 Financial Results and Provides Business Update
GlobeNewswire, Inc.
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August 11, 2025
Total consideration for the sale of FibroGen China to AstraZeneca now expected to be approximately $210 million, a $50 million increase from initial guidance Net cash held in China at closing now estimated to be approximately $125 million...
South Korea Current Account Surplus Sets New Record in June
MENAFN
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August 10, 2025
(MENAFN) South Korea’s current account surplus soared to an all-time monthly high in June, driven by surging exports of semiconductors and ships alongside stronger dividend returns from overseas investments, according to Bank of Korea (BOK) data...
S. Korea, Vietnam presidents meet to discuss enhancing bilateral trade ties
MENAFN
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August 11, 2025
(MENAFN) In Seoul on Monday, South Korean President Lee Jae-myung held a summit with Vietnamese leader To Lam during Lam’s four-day state visit to South Korea. Lee, who assumed office in June, welcomed To Lam, the general secretary of the...
South Korea Postpones Key U.S. Joint military Exercises
MENAFN
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August 9, 2025
(MENAFN) South Korea will postpone nearly half of its planned joint military drills with the United States, officials announced Thursday, amid rising tensions and vocal condemnation from North Korea. The annual Ulchi Freedom Shield (UFS) exercise...
S. Korean President Reaffirms Vision for "Peaceful" Coexistence with N. Korea
MENAFN
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August 12, 2025
(MENAFN) South Korean President Lee Jae Myung on Monday reaffirmed his vision for "peaceful" coexistence and shared prosperity with North Korea during a high-profile summit with Vietnam’s leader To Lam in Seoul. The two leaders committed to...
Global Regenerative Medicine Market Set to Triple, Reaching $49.0 Billion by 2028 | MarketsandMarkets™.
GlobeNewswire, Inc.
·
August 12, 2025
Delray Beach, FL, Aug. 12, 2025 (GLOBE NEWSWIRE) -- The global regenerative medicine market, valued at US$13.5 billion in 2022, stood at US$16.0 billion in 2023 and is projected to advance at a resilient CAGR of 25.1% from 2023 to 2028,...
South Korea Pushes for Developing Homegrown AI
MENAFN
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August 9, 2025
(MENAFN) South Korea has initiated a countrywide strategy aimed at constructing a locally-developed foundational artificial intelligence (AI) system, with the intention of minimizing reliance on external technologies and competing with...
Genius Group Seeks Dual Listing in Asia
GlobeNewswire, Inc.
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August 12, 2025
SINGAPORE, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, today announced that on August 8th, 2025, the Company’s Board of...
S. Korea, China, Japan Restart Agriculture, Farming Dialogue
MENAFN
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August 12, 2025
(MENAFN) Agriculture ministers from South Korea, China, and Japan convened on Monday in Incheon, near Seoul, for the first trilateral agriculture and farming dialogue in seven years, signaling a renewed commitment to regional collaboration. The...
Circular Packaging Market to Reach USD 469.28 Billion by 2034, Growing from USD 266.25 Billion at a CAGR of 6.5%
GlobeNewswire, Inc.
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August 12, 2025
Ottawa, Aug. 12, 2025 (GLOBE NEWSWIRE) -- The global circular packaging market size stood at USD 266.25 billion in 2025 and is projected to reach USD 469.28 billion by 2034, according to a study published by Towards Packaging, a sister firm of...
Smart Sensing Revolution: Global Market to Reach $323.3 Billion by 2030
GlobeNewswire, Inc.
·
August 12, 2025
Boston, Aug. 12, 2025 (GLOBE NEWSWIRE) -- According to the latest study from BCC Research, the “Sensors: Technologies and Global Markets" is projected to increase from $212.5 billion in 2025 to $323.3 billion by 2030, at a compound annual growth...