SEOUL (Reuters) -South Korea's President Lee Jae Myung named veteran lawmaker Ahn Gyu-back as the country's first civilian defence minister in 64 years on Monday, making good on a campaign promise
Before Lee Jae-myung got elected, the South Korean Supreme Court ruled that Lee had violated the election law by publicly making false statements during his 2022 presidential bid.
By Jack Kim and Hyunsu Yim SEOUL (Reuters) -South Korea's new President Lee Jae-myung held his first cabinet meeting on Thursday focused on devising an emergency package to address stagnating economic
South Koreans hope to put 6 months of turmoil from ousted leader Yoon Suk Yeol’s martial law decree behind them and for a reversal in the ebbing fortunes of Asia’s fourth-largest economy.
Lee Jae-myung, an accused in several criminal trials, is a frontrunner in the forthcoming snap election. This ruling, however, may bar him from contesting elections for 5 years.
For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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