Commercial Aircraft Corporation of China, Ltd. (COMAC) conducted flight displays of its ARJ21 and C919 commercial aircraft in Cambodia, a part of the Chinese plane maker to lay a foundation for the company’s future exploration of the Southeast Asian …
An elite group of South Korean, U.S. and Thai Marines have staged joint reconnaissance drills as part of an annual multinational exercise in Thailand, the South’s Marine Corps said Wednesday.
The weeklong joint exercise began last Friday, involving …
South Korea’s arms procurement agency said Wednesday it is seeking to establish a ground-based military rocket launch site to accommodate future satellite launches.
The Defense Acquisition Program Administration (DAPA) unveiled the plan in a policy …
The financial regulator said Wednesday it will work to quickly provide up to 5 trillion won (US$3.75 billion) in financial support to local firms this year, while pushing to create an additional 3 trillion-won investment fund for businesses.
The gov…
Samsung Biologics Co. said Wednesday it has signed a US$352.7 million deal with Belgium-based biopharmaceutical firm UCB to manufacture the latter’s products.
The deal is an addition to the initial $41.65 million contract the two companies signed in…