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 Plans Joining Multinational Drills
MENAFN
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August 19, 2025
(MENAFN) For the first time, South Korea’s Marine Corps is set to participate in an annual multinational military training operation scheduled to occur in Indonesia, according to reports from a news agency on Tuesday. The joint exercise, known as...
Ready-to-Eat Food Packaging Market Size Expected to Achieve USD 164.92 Billion by 2034, Driven by Consumer Demand for Convenience and Sustainability
GlobeNewswire, Inc.
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September 2, 2025
Ottawa, Sept. 02, 2025 (GLOBE NEWSWIRE) -- The global ready-to-eat food packaging market size accounted for USD 89.53 billion in 2024 and is expected to grow steadily from USD 95.17 billion in 2025 to around USD 164.92 billion by 2034, at a CAGR...
South Korea, UK Agree on Accelerating Trade Deal Talks
MENAFN
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August 19, 2025
(MENAFN) South Korea and the United Kingdom reached a mutual understanding on Monday to hasten discussions for a renewed bilateral free trade pact. The goal of this effort is to further strengthen economic ties and boost investment opportunities...
South Korea Marines Set to Participate in Multinational Drill in Indonesia
MENAFN
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August 19, 2025
(MENAFN) For the first time, South Korea’s Marine Corps is set to participate in Super Garuda Shield, a large-scale, multinational military exercise hosted in Indonesia, according to South Korean media on Tuesday. Co-led by the United States and...
South Korea's Household Debt Soars to Record USD1.41T
MENAFN
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August 19, 2025
(MENAFN) South Korea’s household debt surged to an all-time high in the second quarter, driven by intensified mortgage activity and increased stock market investment funded by credit, according to data released Tuesday by the Bank of Korea (BOK)....
Food Processing Market to Exceed USD 318.29 Billion by 2034, Fueled by Automation, Clean-Label Reformulation, and Cold-Chain Investments
GlobeNewswire, Inc.
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September 2, 2025
Ottawa, Sept. 02, 2025 (GLOBE NEWSWIRE) -- The global food processing market size stood at USD 166.41 billion in 2024 and is predicted to increase from USD 177.56 billion in 2025 to around USD 318.29 billion by 2034, growing at a CAGR of 6.7% from...
Jason Schenker’s Cold War Two Achieved International Bestseller Status in South Korea and the United States
EIN Presswire
·
August 21, 2025
Schenker's Latest Bestseller in Korea is Cold War Two: Navigating a New Era of Uncertainty for the Economy, Finance, Energy, Technology, Trade, and Supply Chain AUSTIN, TX, UNITED STATES, August 21, 2025 /EINPresswire.com/ -- The latest...
Battery Leasing Service Market Driven by 16.39% CAGR
GlobeNewswire, Inc.
·
September 2, 2025
Ottawa, Sept. 02, 2025 (GLOBE NEWSWIRE) -- The global battery leasing service market size stood at USD 362.03 million in 2025 and is projected to reach USD 1419.03 million by 2034, according to a study published by Towards Automotive, a sister...
FibroGen Completes Sale of FibroGen China to AstraZeneca for Approximately $220 Million
GlobeNewswire, Inc.
·
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...
NEO Battery and Established South Korean Manufacturer, NainTech, to Co-Develop Drone & Stationary Energy Storage Batteries
GlobeNewswire, Inc.
·
August 21, 2025
TORONTO, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Joint Development Agreement with Established South Korean Manufacturer, NainTech Specializing in Battery & Fuel Cell Technology and Semiconductor & Display Precision Equipment Tier-1 Battery Value Chain...
G20 Nations See Modest Q2 Trade Growth
MENAFN
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August 27, 2025
(MENAFN) International trade among G20 nations posted modest growth in the second quarter of 2025, driven by stable global demand and high-tech exports from Asia, even as the United States saw a sharp downturn in imports, according to the...
South Korean Peace Activists Urge End to Seoul-Washington Military Drills
MENAFN
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August 18, 2025
(MENAFN) South Korean peace activists have called on Seoul and Washington to immediately cease their joint military exercises, warning that these drills only intensify military tensions on the Korean Peninsula. On Monday, combined South Korean and...
South Korea Set to Dispatch Envoys to China
MENAFN
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August 18, 2025
(MENAFN) South Korean President Lee Jae Myung is dispatching a delegation of special envoys to China next week, signaling Seoul’s intent to maintain stable ties with Beijing even as it deepens coordination with long-standing allies Japan and the...
South Korea Plans Revival of North Korea Agreements
MENAFN
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August 18, 2025
(MENAFN) South Korean President Lee Jae Myung has instructed government departments to begin preparing for a step-by-step enactment of prior arrangements made with North Korea, as highlighted by media sources. "I ask the relevant ministries to...
South Korea's Leader Public Support Slides to 68 Percent
MENAFN
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August 18, 2025
(MENAFN) South Korean President Lee Jae-myung saw his public support dip last week, with his approval rating falling by 3.3 percentage points to 68.0%, according to a new survey released Monday by local pollster Flower Research. At the same time,...
South Korea, U.S. Launch Large-Scale Annual Military Drills
MENAFN
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August 18, 2025
(MENAFN) The United States and South Korea commenced their large-scale annual joint military exercise Monday, aiming to bolster defense readiness against “threats” from North Korea, according to local reports. The Ulchi Freedom Shield (UFS)...
S. Korea Sees Business Sentiment Bounce After Three-Month Slump
MENAFN
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August 27, 2025
(MENAFN) Sentiment among South Korean companies showed a notable recovery in August, ending a three-month decline as easing concerns over U.S. tariffs and a government stimulus plan lifted business confidence, the Bank of Korea (BOK) reported...
Busan, South Korea, Emerges as a Asia's Night Tourism Hub
EIN Presswire
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August 21, 2025
Busan's night tourism soars with its "Starry Night" initiative, attracting 60% more visitors by blending cultural heritage and modern attractions. NEW YORK, NY, UNITED STATES, August 21, 2025 /EINPresswire.com/ -- Busan is transforming into a...
Building-integrated Photovoltaics Market to Hit USD 204.6 Billion by 2035, Expanding at 22.8% CAGR from 2024 | By TMR
EIN Presswire
·
September 2, 2025
Building-integrated Photovoltaics Market to reach US$ 204.6 Bn by 2035, expanding at 22.8% CAGR, fueled by sustainable construction and renewable energy demand. WILMINGTON, DE, UNITED STATES, September 2, 2025 /EINPresswire.com/ -- The global...
Clinical Trial Supply and Logistics Market Size to Exceed USD 8.45 Billion by 2034
GlobeNewswire, Inc.
·
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...