South Korea to Launch Two Additional Military Spy Satellites This Year
South Korea is set to launch two additional military spy satellites this year as part of its efforts to enhance its monitoring of North Korea. The Defence Acquisition Programme Administration (DAPA) announced the plan to deploy two synthetic aperture radar…
South Korea’s FTC Slaps Nexon Korea Corp. with Record Fine for Deceptive Business Practices
In a landmark ruling, the Fair Trade Commission (FTC) of South Korea has slapped Nexon Korea Corp. with a hefty fine of 11.6 billion won (approximately $8.85 million) for deceptive business practices. The hefty penalty stems from irregularities related to…