South Korea and African partner nations will launch a major economic cooperation framework focused on artificial intelligence and technology-driven development at the 8th Korea-Africa Economic Cooperation Ministerial Conference in Seoul. The upcoming ministerial gathering marks...
Tag : korea
The Republic of Korea’s outbound shipments surged 68.7% year-on-year in August to reach $98.25 billion, driven by sustained global demand for high-performance memory chips and artificial intelligence infrastructure. Data released by the Ministry of Trade,...
SEOUL: Sales at South Korea’s major retailers rose 5.6% from a year earlier in March, extending gains in consumer spending as online platforms outpaced store-based outlets and department stores benefited from seasonal demand. The Ministry...
SEOUL: South Korea has approved its first paid self-driving freight transport service, authorizing autonomous driving startup RideFlux to begin commercial cargo operations on a long-distance route linking Seoul and Jincheon. The Ministry of Land, Infrastructure and Transport said...
SEOUL, December 19, 2025: The United Arab Emirates and the Republic of Korea have reaffirmed their commitment to strengthening cooperation in energy, industry, and advanced technology during an official visit by Dr. Sultan Ahmed Al Jaber,...
The value of electronic payments in the Republic of Korea reached a record high in 2024, reflecting the continued rise of contactless transactions amid widespread adoption of digital financial services, according to data released by...
The Republic of Korea has announced plans to invest 414.2 billion won (approximately $285 million) in the development of advanced industrial technologies by 2031, aiming to drive innovation across multiple sectors. The Ministry of Trade,...