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December 27, 2024
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Briefings

US-South Korea defense talks resume as election season heats up in Washington
Briefings

US-South Korea defense talks resume as election season heats up in Washington

South Korea seeks “reasonable” contribution level in talks, but Harris’ nomination may ease pressure on ROK negotiators

US-South Korea defense talks resume as election season heats up in Washington
KOREA PROKOREA PRO August 27, 2024
Hanwha Aerospace launches first overseas defense plant in Australia
Briefings

Hanwha Aerospace launches first overseas defense plant in Australia

New facility in Geelong set to produce howitzers and armored vehicles, boosting ROK-Australia defense ties

Hanwha Aerospace launches first overseas defense plant in Australia
KOREA PROKOREA PRO August 26, 2024
South Korea’s central bank holds rates steady for 13th consecutive time
Briefings

South Korea’s central bank holds rates steady for 13th consecutive time

Household debt at record $1.42 trillion drives Bank of Korea’s decision to hold rates ahead of U.S. Fed action

South Korea’s central bank holds rates steady for 13th consecutive time
KOREA PROKOREA PRO August 23, 2024
South Korea’s job numbers grew in first quarter but COVID-19 surge casts shadow
Briefings

South Korea’s job numbers grew in first quarter but COVID-19 surge casts shadow

Health and welfare job growth reflects demographic trends, but surging virus could derail economic recovery

South Korea’s job numbers grew in first quarter but COVID-19 surge casts shadow
KOREA PROKOREA PRO August 22, 2024
ROK-Shandong meeting signals Seoul’s intent to improve ties with China
Briefings

ROK-Shandong meeting signals Seoul’s intent to improve ties with China

South Korean trade negotiator and Shandong governor explore cooperation in supply chains, investment and new industries

ROK-Shandong meeting signals Seoul’s intent to improve ties with China
KOREA PROKOREA PRO August 21, 2024
South Korean banks hike mortgage rates amid surging household debt
Briefings

South Korean banks hike mortgage rates amid surging household debt

Despite rate hikes, expectations of higher property prices will likely keep driving loan demand among borrowers

South Korean banks hike mortgage rates amid surging household debt
KOREA PROKOREA PRO August 20, 2024
Trilateral cooperation marks first anniversary amid leadership changes
Briefings

Trilateral cooperation marks first anniversary amid leadership changes

U.S., South Korea and Japan celebrate progress, but Yoon likely to focus on economic cooperation to ensure durability

Trilateral cooperation marks first anniversary amid leadership changes
KOREA PROKOREA PRO August 19, 2024
Yoon’s Liberation Day speech sidesteps Japan, hints at unification by absorption
Briefings

Yoon’s Liberation Day speech sidesteps Japan, hints at unification by absorption

Independence groups boycott Yoon’s Liberation Day celebration that focused on North Korea instead of Japan

Yoon’s Liberation Day speech sidesteps Japan, hints at unification by absorption
KOREA PROKOREA PRO August 16, 2024
Japanese Prime Minister won’t seek reelection amid scandals, low approval
Briefings

Japanese Prime Minister won’t seek reelection amid scandals, low approval

South Korea will closely monitor transition, seeking continuity in hard-won progress toward improved bilateral ties

Japanese Prime Minister won’t seek reelection amid scandals, low approval
KOREA PROKOREA PRO August 15, 2024
South Korea’s cybersecurity law revisions may be too little too late
Briefings

South Korea’s cybersecurity law revisions may be too little too late

New regulations mandate quick reporting, but recent breaches expose critical gaps in South Korea’s cyber defenses

South Korea’s cybersecurity law revisions may be too little too late
KOREA PROKOREA PRO August 14, 2024
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