South Korea

South Korea's CONTEC Weighs Localizing Space Production in Kazakhstan
In Seoul, officials discussed CONTEC Space Group's plans to invest in the Galam project, jointly produce satellites and components, and develop a network of ground stations in Kazakhstan.

Uzbekistan and South Korea Prepare $12 Billion in Investment Projects
Following talks between Shavkat Mirziyoyev and Lee Jae-myung, prospective projects worth $12 billion and an $8 billion program with the Export-Import Bank of Korea have been prepared.

Uzbekistan and South Korea Aim to Double Trade to $4 Billion
Uzbekistan and South Korea plan to create a joint working group to increase bilateral trade to $4 billion per year, said Uzbek Deputy Prime Minister Jamshid Khodjayev.

South Korea's Foreign Ministry to Change Diplomats' Emails After Training System Hack
Due to a data leak affecting 10,000 people, including diplomats, South Korea's Foreign Ministry is changing employees' email addresses.

South Korea Accelerates Stablecoin Regulation, Considers Lifting Bank Crypto Investment Ban
South Korea's Financial Services Commission (FSC) plans to complete digital asset legislation by year-end, including stablecoin regulation, and is considering lifting a nine-year ban on financial institutions holding stakes in crypto companies.

South Korea to Invest Over $1.1 Trillion in AI Data Centers
South Korea plans to invest $650 billion in building AI data centers by 2035, aiming to lead the global physical AI race.

Korea Calls for Scaling Up AI and Green Tech Investments via ADB
The Asian Development Bank (ADB) can serve as a crucial platform for multilateral cooperation amid current global challenges, according to South Korea's governor at the ADB annual meeting.