Hanwha Life acquired a 40 percent stake in Indonesia s Nobu Bank earlier this month, expanding Hanwha s financial portfolio in the Southeast Asian market, the insurance firm announced Monday.
Indonesia proposed paying only around a third of the initially agreed cost to jointly develop a next-generation fighter jet with Korea, according to defense industry sources, Monday.
President Yoon Suk Yeol is set to present his stance on multiple politically contentious issues in a press conference at the presidential office, Thursday, on the eve of the second.
Any outcome of the upcoming U.S. election will never undermine the bilateral business foundations between Korea and the world’s largest economy, Korea Chamber of Commerce and Industry (KCCI) Chairman Chey Tae-won told reporters, Thursday.