South Korea Emerges as a Key Player in Global Arms Export Market
South Korea is rapidly emerging as a key player in the global arms export market, particularly highlighted during the recent Korea Army International Defence Industry Exhibition (Kadex). With traditional suppliers like Russia facing restrictions, South Korean defense firms are showcasing advanced military technologies and securing international partnerships. The acquisition of over 100 Warmate-3 loitering munitions from Poland exemplifies South Korea’s commitment to enhancing its military capabilities and providing comprehensive defense solutions to global allies.
Bpost Reports 10.8% Decrease in Full-Year Operating Profit for 2023
Bpost, the Belgian postal operator, has reported a 10.8% decrease in its full-year operating profit for 2023, with adjusted EBIT reaching 248.5 million euros. Despite challenges in finalizing agreements with government services, the company has proposed a dividend of 0.13 euro per share, signaling a commitment to shareholder returns. Bpost’s resilience and strategic focus position it to address the challenges and opportunities that lie ahead in the evolving landscape of postal and logistic services.