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 Industry Times of South Korea.
South Korea’s Military Forces Decline
MENAFN
·
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, Vietnam Forge Stronger Trade Ties
MENAFN
·
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...
South Korea Reports Drop in July Unemployment Claims
MENAFN
·
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 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 Posts 4.3 Percent Decline in Exports
MENAFN
·
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...
South Korea Current Account Surplus Sets New Record in June
MENAFN
·
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...
Industrial Water Treatment Chemicals Market Top Competitors Analysis Report 2025
EIN Presswire
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August 13, 2025
Global Industrial Water Treatment Chemicals Market size, trends, growth drivers, and forecasts for efficient industrial water purification solutions. CALIFORNIA, CA, UNITED STATES, August 13, 2025 /EINPresswire.com/ -- Comprehensive Market...
US, South Korea Join to Recover War Remains
MENAFN
·
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...
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...
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...
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...
Food and Beverage Cold Chain Logistics Market Size Forecast to Reach USD 219.44 Billion by 2034, Driven by Health and Sustainability Demands
GlobeNewswire, Inc.
·
August 14, 2025
Ottawa, Aug. 14, 2025 (GLOBE NEWSWIRE) -- The global food and beverage cold chain logistics market size accounted for USD 82.33 billion in 2024 and is predicted to rise form USD 90.81 billion in 2025 to around USD 219.44 billion by 2034, expanding...
Energy Storage Market is Powering the Future of Renewable Energy
EIN Presswire
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August 12, 2025
The energy storage market is booming as tech advances meet rising renewable adoption and grid modernization needs. NEW YORK, NY, UNITED STATES, August 12, 2025 /EINPresswire.com/ -- The Energy Storage market is rapidly expanding, driven by the...
Polyurethane Processing Machinery Market to Hit USD 1.6B by 2034, Driven by Automotive, Construction & Electronics
EIN Presswire
·
August 14, 2025
Polyurethane Processing Machinery Market to hit USD 1.6B by 2034, driven by automotive, construction, and electronics demand with smart, eco-friendly tech. VANCOUVER, BC, CANADA, August 14, 2025 /EINPresswire.com/ -- The global Polyurethane...
Global Machine Automation Controller Market Size, Growth, Industry Trends | Reports and Data
EIN Presswire
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August 14, 2025
The largest segment within the market is anticipated to be the industrial automation sector, driven by increased demand for efficiency and productivity. VANCOUVER, BRITISH COLUMBIA, CANADA, August 14, 2025 /EINPresswire.com/ -- The machine...
S. Korea Sees Economic Growth as Consumer Spending Surges
MENAFN
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August 14, 2025
(MENAFN) South Korea's government indicated signs of economic recovery on Thursday, driven by stronger consumer spending that has helped counterbalance persistent economic uncertainties. In its latest monthly report, known as the Green Book, the...
Military 3D Printing Market Outlook, Size, Growth Opportunities and Industry Analysis by 2031
EIN Presswire
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August 14, 2025
Increase in use of 3D printing in military applications with massive allocation of funds for research activities to develop new defense technologies will boost. WILMINGTON, DE, UNITED STATES, August 14, 2025 /EINPresswire.com/ -- Military 3D...
Industrial Food Cutting Machines Market to Reach $3.9 Billion, Globally, by 2032 at 5.5% CAGR
EIN Presswire
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August 11, 2025
Industrial Food Cutting Machines Market to Reach $3.9 Billion, Globally, by 2032 at 5.5% CAGR WILMINGTON, DE, UNITED STATES, August 11, 2025 /EINPresswire.com/ -- Allied Market Research published a report, titled, "Industrial Food Cutting...
[Latest] Global Industrial Lubricant Market Size/Share Worth USD 42.45 Billion by 2034 at a 5.12% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis)
GlobeNewswire, Inc.
·
August 13, 2025
Austin, TX, USA, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Industrial Lubricant Market Size, Trends and Insights By Type (Conventional, Synthetic, Bio-based/re-refined., Others), By...
Energy Storage Systems Market Size Set to Hit USD 569.39 Bn by 2034 Driven by Grid Firming and Renewables
GlobeNewswire, Inc.
·
August 11, 2025
Ottawa, Aug. 11, 2025 (GLOBE NEWSWIRE) -- In terms of revenue, the global energy storage systems market size accounted for USD 266.82 billion in 2024 and is projected to increase from USD 288.97 billion in 2025 to USD 569.39 billion by 2034. In...