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 Real Wages Post Increase in June
MENAFN
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August 28, 2025
(MENAFN) South Korea’s inflation-adjusted wages continued their upward trend in June, marking the fourth consecutive monthly increase, driven by steady nominal wage growth amid moderating inflation, according to data released Thursday by the...
South Korea Posts 2.1 Percent Increase in Household Income
MENAFN
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August 28, 2025
(MENAFN) South Korean households saw average income rise for the eighth consecutive quarter, supported by gains in wages and business earnings, according to data released Thursday by Statistics Korea. In the second quarter of 2025, the average...
Clinical Trial Supply and Logistics Market Size to Exceed USD 8.45 Billion by 2034
GlobeNewswire, Inc.
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September 2, 2025
Ottawa, Sept. 02, 2025 (GLOBE NEWSWIRE) -- The global clinical trial supply and logistics market size was valued at USD 3.98 billion in 2024 and is expected to exceed USD 8.45 billion by 2034. In terms of CAGR, the market is accelerating at a...
South Korea Sees 9.1 Percent Robust in July Retail Sales
MENAFN
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August 27, 2025
(MENAFN) South Korea’s retail sector posted a robust 9.1 percent year-on-year increase in combined offline and online sales last month, fueled by strong online purchases of food, daily essentials, and services, government data revealed on...
South Korea Posts Decline in Bank Lending Rates
MENAFN
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August 27, 2025
(MENAFN) South Korean banks’ lending rates declined for the eighth consecutive month in July, driven by ongoing reductions in the central bank’s policy rate, data from the Bank of Korea (BOK) revealed Wednesday. The weighted average interest rate...
FibroGen Completes Sale of FibroGen China to AstraZeneca for Approximately $220 Million
GlobeNewswire, Inc.
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September 2, 2025
Total consideration for the sale of FibroGen China to AstraZeneca is approximately $220 million, a $60 million increase from initial guidance Successfully repaid term loan to Morgan Stanley Tactical Value, further simplifying the Company’s capital...
Corporate Event Market is Predicted to Reach USD 723.4 billion at a CAGR of 6.9% by 2035
EIN Presswire
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August 29, 2025
By industry, the information technology segment is anticipated to grow at a CAGR of 10.1% during the forecast period. WILMINGTON, DE, UNITED STATES, August 29, 2025 /EINPresswire.com/ -- The global corporate event market size was valued at $207...
South Korea Pursues "Mature" China Relationship
MENAFN
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August 26, 2025
(MENAFN) South Korea is aiming to advance a “mature” and pragmatic relationship with China while continuing to deepen its alliance with the United States, special envoys for South Korean President Lee Jae Myung said, according to media on Monday....
South Korea Plans to Ramp Up Defense Spending
MENAFN
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August 26, 2025
(MENAFN) South Korean President Lee Jae Myung announced plans to ramp up defense spending as part of a strategic push to assume a more “leading role” in safeguarding security on the Korean Peninsula. The declaration came after Lee’s inaugural...
Load Cell Market to Reach US$ 256.7 Bn by 2035 at 3.6% CAGR | Transparency Market Research
EIN Presswire
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September 2, 2025
Load cells enable precise force and weight measurement, powering weighing systems, automation, and quality assurance with accurate electrical signals." WILMINGTON, DE, UNITED STATES, September 2, 2025 /EINPresswire.com/ -- The global load cell...
South Korea Posts Decrease in July Corporate Bond Sales
MENAFN
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August 26, 2025
(MENAFN) South Korea’s corporate bond issuance edged down slightly in July, reflecting reduced funding needs from industrial firms, according to data released Tuesday by the Financial Supervisory Service. The total corporate bond sales fell 0.5...
North Korea Sees Strongest Economic Growth in Eight Years
MENAFN
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August 30, 2025
(MENAFN) North Korea's economy experienced its most significant expansion in eight years in 2024, driven by rising exports and progress in the construction and manufacturing sectors, as reported by South Korea's central bank on Friday. The North...
North Korea Accuses South Korea’s Leader of Hypocrisy
MENAFN
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August 27, 2025
(MENAFN) North Korea lashed out at South Korean President Lee Jae Myung on Wednesday, accusing him of revealing his “true identity as a hypocrite” after he pushed for denuclearization during a visit to the United States. In a scathing commentary...
South Korea’s Leader to Address U.S. Strategic Demands, North Korea with Trump
MENAFN
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August 25, 2025
(MENAFN) South Korean President Lee Jae Myung announced Sunday he will address a wide array of critical topics, including North Korea and Washington’s push for strategic flexibility regarding US forces stationed in South Korea, during his...
South Korean Leader Approval Rating Drops 3.8 Percent
MENAFN
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August 25, 2025
(MENAFN) South Korean President Lee Jae-myung saw his approval rating drop by 3.8 percentage points to 64.2% last week, according to a new poll released Monday, underscoring growing public dissatisfaction with his administration. The survey,...
South Korea Records Rise in 2023 Elderly Pension
MENAFN
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August 25, 2025
(MENAFN) South Korea recorded a moderate rise in its senior pension payouts in 2023, extending a years-long upward trend, according to data released Monday by Statistics Korea. Elderly citizens aged 65 and above received an average monthly pension...
Material Testing Market Set for Rapid Growth, Demand, Scope, Size, Share, Forecast 2032 |ZwickRoell, Emerson Electric Co
EIN Presswire
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September 2, 2025
The Global Material Testing Market is estimated to be valued at USD 6.22 Bn in 2025 and is expected to reach USD 8.86 Bn by 2032. BURLINGAME, CA, UNITED STATES, September 2, 2025 /EINPresswire.com/ -- The latest market intelligence report...
E-Bike Market Rides the Wave of Innovation, Connectivity, and Eco-Friendly Mobility
GlobeNewswire, Inc.
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September 2, 2025
Ottawa, Sept. 02, 2025 (GLOBE NEWSWIRE) -- According to Precedence Research, the global e-bike market size is calculated at USD 61.94 billion in 2024 and is expected to rise from USD 68.34 billion in 2025 to nearly USD 165.69 billion by 2034. In...
Fasoo Showcases Hyper DRM and AI DLP Security Solutions at Asia’s Largest Cybersecurity Conference, ISEC 2025
EIN Presswire
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September 2, 2025
SEOUL, SOUTH KOREA, September 2, 2025 /EINPresswire.com/ -- Fasoo, the leader in data-centric security, showcased its innovative solutions at the International Security Conference & Exhibition (ISEC) 2025, Asia’s largest cybersecurity...
North Korea Rebukes U.S.-South Korea Joint Exercise
MENAFN
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August 26, 2025
(MENAFN) Pyongyang has sharply criticized the joint war games conducted by the United States and South Korea, calling them a destabilizing threat to regional security. In a statement released by media on Tuesday, Kim Yong Bok, the first vice-chief...