Seoul: South Korea has failed to confirm the economic feasibility of one of the potential oil and gas reserves in the East Sea, the industry ministry said Thursday, as it announced the results of the first exploratory drilling in the country’s “Blue W…
Seoul: A former military commander involved in President Yoon Suk Yeol’s failed attempt to impose martial law confirmed on Thursday that President Yoon ordered the removal of lawmakers, rather than agents, from the National Assembly. This revelation w…
Seoul: Popular K-pop girl group BLACKPINK will embark on a new world tour this year, its agency, YG Entertainment, announced Thursday.
According to Yonhap News Agency, the announcement was made on YG Entertainment’s official blog and was accompanied…
Manila: The New Government Procurement Act (NGPA) has elevated the Philippines as a ‘leading model of transparency in Asia and a pioneer in open governance worldwide,’ President Ferdinand R. Marcos Jr. announced during the opening of the 2025 Open Gov…
Seoul: A former military commander who has accused President Yoon Suk Yeol of ordering the removal of lawmakers from the National Assembly building during December’s brief imposition of martial law is set to testify at Yoon’s impeachment trial Thursda…
Seoul: Daewoo Engineering and Construction Co. on Thursday reported its 2024 net income reached 242.8 billion won (US$168 million), down 53.4 percent from a year earlier. Operating profit for the year came to 403.1 billion won, reflecting a 39.2 perce…
Seoul: Amorepacific Corp. on Thursday reported its 2024 net income of 601.6 billion won (US$415.5 million), reflecting a significant increase of 246 percent compared to the previous year.
According to Yonhap News Agency, the company’s operating inco…
Seoul: SK Biopharmaceuticals Co. said Thursday its 2024 net income reached 227 billion won (US$157 million), turning from a loss of 35.4 billion won a year earlier. Operating profit for the year was 96.3 billion won, compared with a loss of 37.5 billi…
Manila: President Ferdinand R. Marcos Jr. on Thursday reaffirmed the country’s commitment to defending its sovereignty in the West Philippine Sea (WPS) despite the ongoing presence of China’s ‘monster ship’ in Philippine waters. In a press briefing in…