Press Releases

South Korean Fighter Aircraft Veers Off Runway

(MENAFN) A South Korean KF-16 fighter jet veered off the runway at an air base in Chungju, central South Korea, on Tuesday afternoon, though no injuries were reported, according to a South Korean news agency. The incident occurred around 4:38 p.m....

South Korean Battery CEO Sentenced to Prison Over Deadly Factory Fire

(MENAFN) The CEO of a South Korean battery manufacturer has been handed a 15-year prison sentence following a deadly factory fire that took 23 lives in June of the previous year, according to multiple reports on Tuesday. Park Soon-kwan, the leader...

South Korea's Producer Prices See 0.1 Percent Drop in August

(MENAFN) South Korean suppliers saw a slight reduction in the cost of goods and services over the past three months, primarily due to a decline in service fees, data from the central bank revealed on Tuesday. According to Bank of Korea (BOK)...

South Korea Extends Special Counsel Probe into Yoon

(MENAFN) South Korea on Tuesday sanctioned three amended bills to prolong a special counsel inquiry into corruption suspicions involving former President Yoon Suk Yeol and his wife, Kim Keon Hee, a news agency reported. These measures, which were...

Connected Drug Delivery Devices Market Grows at 23.44% CAGR, Expected to Reach USD 61.08 billion by 2034

Ottawa, Oct. 03, 2025 (GLOBE NEWSWIRE) -- The global connected drug delivery devices market size was valued at USD 7.44 billion in 2024 and is predicted to hit around USD 61.08 billion by 2034, rising at a 23.44% CAGR, a study published by Towards...

Electric Vehicle Battery Market Size to Worth USD 661.98 Billion by 2034 Rising Demand for Clean and Affordable Electric Vehicles

Ottawa, Oct. 03, 2025 (GLOBE NEWSWIRE) -- According to Statifacts, the global electric vehicle battery market size was valued at USD 53.01 billion in 2024 and is predicted to be worth around USD 661.98 billion by 2034, expanding at a CAGR of...

Food Packaging Equipment Market Booming Worldwide | APAC Rapidly Growing by Singapore, South Korea, Japan, Hong Kong

Rise in urbanization and increase in number of supermarket and hypermarkets have boosted the growth of the global food packaging equipment market. WILMINGTON, DE, UNITED STATES, September 24, 2025 /⁨EINPresswire.com⁩/ -- Food packaging equipment...

Methanex Launches Global Methanol Bunkering Operations with Strategic Partnerships in the ARA Region and South Korea

VANCOUVER, British Columbia, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (Nasdaq:MEOH), the world's largest producer and supplier of methanol, today announced new strategic partnerships in two of the world’s key fueling...

Smart Home Healthcare Market Size Worth USD 284.86 Billion by 2034 Growth Fueled by Rising Demand for Remote Patient Monitoring

Ottawa, Oct. 03, 2025 (GLOBE NEWSWIRE) -- The global smart home healthcare market size is expected to be worth over USD 284.86 billion by 2034, increasing from USD 29.73 billion in 2025. In terms of CAGR, the market is expected to expand at a...

Facephi technology for HancomWith secures Good Software (GS), top-level certification for public sector deployment in South Korea

ALICANTE, Spain, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Facephi’s biometric technology has reached a new milestone in South Korea, as HancomWith, a de facto holding company of Hancom Group, has obtained Grade 1 certification under the national Good...

Procurement As A Service Market Outlook 2025–2032: Strong CAGR of 11.8% with USD 17.17 Billion Valuation

Burlingame, CA, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Global Procurement As a Service Market size is estimated to be valued at USD 7.86 Bn in 2025 and is expected to reach USD 17.17 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 11.8%...

Data Governance Market Poised for Growth, Expected to Hit USD 16.93 Billion by 2032, says Coherent Market Insights

Burlingame, CA, Oct. 03, 2025 (GLOBE NEWSWIRE) -- The Data Governance Market is estimated to be valued at USD 4.75 Bn in 2025 and is expected to reach USD 16.93 Bn by 2032, growing at a compound annual growth rate (CAGR) of 19.9% from 2025 to...

Specialty Films Market to Worth USD 22.64 Bn by 2034

Ottawa, Oct. 03, 2025 (GLOBE NEWSWIRE) -- The global specialty films market was assessed at USD 22.13 billion in 2025, with projections indicating an increase to USD 27.16 billion by 2034, based on insights from Towards Packaging, a sister firm of...

Lotte Card Breach Exposes Data of 3M South Korean Customers

(MENAFN) Lotte Card, South Korea’s fifth-largest credit card provider, confirmed on Thursday that personal data belonging to approximately 3 million customers was compromised in a cyberattack that occurred last month, as reported by South Korean...

Cannabidiol Market Size to Hit USD 27.57 Billion by 2032, says Coherent Market Insights

Burlingame, CA, Oct. 03, 2025 (GLOBE NEWSWIRE) -- The Cannabidiol Market is estimated to be valued at USD 9.46 Bn in 2025 and is expected to reach USD 27.57 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 16.5% from 2025 to 2032....

Cosmetic Dentistry Market Size Projected to Attain USD 60.41 Billion by 2034

Ottawa, Oct. 03, 2025 (GLOBE NEWSWIRE) -- The global cosmetic dentistry market size was valued at USD 26.57 billion in 2024 and is predicted to hit around USD 60.41 billion by 2034, rising at a 8.55% CAGR, a study published by Towards Healthcare a...

CBD Edibles Market Size to Exceed USD 38.01 Billion by 2034, Driven by 10.8% CAGR | Towards FnB

Ottawa, Oct. 03, 2025 (GLOBE NEWSWIRE) -- The global CBD edibles market size stood at USD 13.63 billion in 2024 with projections indicating a rise from USD 15.10 billion in 2025 to reach nearly USD 38.01 billion by 2034, at a strong CAGR of 10.8%...

SA to be honoured at Korean international wine event

Release date: 03/10/25 South Australia is set to be recognised as the Guest Country of Honour at Korea’s premier wine tradeshow when it takes place later this month – the direct result of Minister Joe Szakacs’ engagement while leading a trade...

Major Australian–Korean business event coming to SA

Release date: 03/10/25 For the first time ever, South Australia has been chosen to host the Australia-Korea Business Council (AKBC) and Korea-Australia Business Council (KABC) Joint Meeting. The 47th edition of the event will take place in...

Former South Korean Leader Gets Called for Interrogation

(MENAFN) A South Korean independent prosecutor’s team has requested ex-President Yoon Suk Yeol to attend a hearing next week concerning accusations tied to his unsuccessful push for a martial law order, according to a news agency. The...