(Photo=Lee Jae-myung facebook) South Korea's new administration has announced a $14.7 billion supplementary budget aimed at boosting consumer spending and reviving the economy. Under the plan, every citizen will receive "Living Recovery Vouchers" ranging from $109 to $365, depending on income level. The program is a hybrid approach that combines universal distribution with targeted support for low-income groups. The top

(Photo=Pixabay) As the military conflict between Israel and Iran enters its second week following an initial surprise attack, concerns are rising that a prolonged confrontation could negatively impact South Korea's exports to the Middle East. According to a recent report titled "Export Business Status in Major Middle Eastern Countries Following the Israel-Iran Situation," published by the Korea Trade-Investment Promotion Agency

(Photo=TerraPower) South Korea's HD Hyundai and U.S. chip giant NVIDIA have joined a USD 650 million funding round for TerraPower, the next-generation nuclear energy company founded by billionaire Bill Gates. TerraPower announced the funding on June 18 (local time). This marks HD Hyundai's second investment in TerraPower, following a USD 30 million commitment in 2022 through its shipbuilding subsidiary, HD

Photo=Hanwha Ocean South Korean shipbuilder Hanwha Ocean recently hosted a delegation from British Columbia (BC), Canada, to explore cooperation on submarine maintenance infrastructure, partnerships with local companies, and technology transfer. The visit highlights growing public-private collaboration between South Korea and Canada, especially amid increasing momentum around Canada's upcoming submarine procurement project, valued at over KRW 30 trillion (approximately CAD 30

Photo=LG Electronics LG Electronics is positioning itself as a global leader in manufacturing innovation by leveraging its robotics and smart factory technologies. Building on its extensive mass production experience in the home appliance sector, the company is rapidly growing its smart factory business both domestically and internationally, aiming to establish it as a key growth driver. According to Robotics & Automation