South Korea unveils new ESG information platform

South Korea unveils new ESG information platform

South Korea’s Financial Services Commission and the Korea Exchange have launched an integrated ESG information platform.

South Korea Test Launches Ballistic Missile From Submarine


South Korea successfully fired a submarine-launched ballistic missile, Wednesday, September 15, hours after North Korea fired two ballistic missiles into the sea.
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READ MORE: North Korea test-fired two short-range ballistic missiles Wednesday, its second launch in less than a week and latest apparent attempt to increase diplomatic pressure on the United States.

South Korea’s military, which monitors such launches, says the North Korean missiles traveled about 800 kilometers, reaching an altitude of 60 kilometers, before splashing into the sea off North Korea’s east coast.

Japan’s defense ministry said the projectiles did not enter Japanese territory and fell outside Japan’s exclusive economic zone.

In a statement, the U.S. military’s Indo-Pacific Command said the launch “highlights the destabilizing impact” of North Korea’s illicit weapons program.
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LINK: https://www.voanews.com/east-asia-pacific/n-korea-tests-ballistic-missiles-amid-korean-arms-race

S. Korean gov’t unveils new measures to support self-employed


정부, 자영업 성장 및 혁신 대책 발표..2022년까지 자영업 밀집 구도심 상권 30곳 복합개발

In South Korea, more than 20 percent of people with jobs are self-employed.
To improve the business environment for these people, the Moon Jae-in administration has rolled out several measures such as financial support to lessen the burden caused by the minimum wage hike.
And on Thursday, it announced yet more steps it’ll take, including the revitalization of rundown areas in city centers.
Our Ko Roon-hee explains.
President Moon jae-in’s administration has taken a range of measures to help the self-employed… as part of building what it calls an “inclusive nation.”
And it announced on Thursday that by 2022… 30 commercial districts in old downtown areas where self-employed businesses are concentrated… will be transformed into new composite spaces …where people can enjoy shopping and culture.
The specific locations of these 30 areas have not been decided yet,… but some of them are in the cities of Daegu and Suwon.
Speaking to reporters on Thursday in Seoul, the minister of SMEs and Startups, Hong Jong-hak, said the measure includes supporting traditional markets… by improving their facilities, for instance, or adding more space for parking.
Another main issue is revitalizing local economies.
The ministry of SMEs says it will issue more gift certificates that can be used in traditional markets or small and mid-sized businesses.
One example is the Onnuri gift certificate.
For that one in particular, the ministry aims to issue around 8-point-9 billion U.S. dollars worth of them by 2022, and it will encourage public institutions to buy more of them.
These measures are also about creating a stronger social safety net.
The government will review whether it can make it easier for the self-employed to get employment insurance.
Plus, for the self-employed who’re worried about their overdue debts,… the government plans to increase the percentage of people applicable for debt forgiveness, depending on their financial condition.
And for people who want to start their own businesses, the government aims to provide vocational training for 20-thousand people by 2022.
Ko Roon-hee, Arirang News.

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North Korea launches two more nuclear-capable missiles toward Japan #shorts


#news #northkorea #missile

S. Korean defense firm unveils new infantry fighting vehicle


한화디펜스, 호주 수출용 장갑차 ‘레드백’ 출정식

The South Korean defense firm Hanwha Defense… has unveiled its newest infantry fighting vehicle.
Dubbed the “Redback,” it’s a contender for use by the Australian army in the years to come.
Kim Ji-yeon reports.
The 42-ton Redback, the latest infantry fighting vehicle by Hanwha Defense, Korea’s leading defense corporation… seems to have it all.
The heavily-armored next generation vehicle is designed to protect onboard service personnel from all kinds of attacks… gunshots, mines and bombs… without affecting its ability to charge at a maximum speed of 65 kilometers per hour.
Its rubber track system, which is used instead of a metal one,… and independent suspension make it less susceptible to the shocks and vibrations involved in off-road, cross-country travel.
And, to maximize safety, inside there are separate seats with buckle belts for each person.
“The vehicle is designed to carry eight men dismount and three men crew.”
Three prototypes of the Redback have been shipped to Australia… for the installation of its turret system.
It’s equipped with a 30 millimeter machine gun… that can be fired remotely and in a different direction from its power pack ‘K9’ self-propelled gun.
The prototypes are to be tested throughout the next year… before Australia makes its final selection between the Redback and its contender, Rheinmetall’s Lynx.
“We’ve participated in the making of Redback because its selection would be like a dream come true story for not only Hanwha Defense but also all of Korea’s defense industry… which aspires to export and advance equipment to developed countries like Australia.”
The winner of the 15-billion dollar Australia’s Land 400 phase 3 program… which is to be announced during the latter half of 2022… will manufacture some 400 units for the Australian Army.
Kim Ji-yeon, Arirang News, Changwon.

#Fighting_vehicle #SouthKorea #REDBACK

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