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Tue. Aug 18th, 2026
Trending News: Watch: Hyun Bin’s Destructive Pursuit Of Power Ignites A Dangerous Battle In “Made In Korea 2” Teaseraespa’s Karina Opens Up About Lollapalooza 2026, Embracing Nervousness On Stage, And More“Tazza 4: The Song of Beelzebub” Announces Premiere DateLee calls for swift measures to minimize damage from heavy rainsJung Sung Il And Roh Jae Won Return With New Positions And Greater Power In “Made In Korea 2”Hwang In Youp And Hyeri Make Desperate Moves To Save Their Project In “Dream To You”Ex-PM Kim Min-seok takes DP helmKang Hoon Can’t Help But Get Fluttery Around Kim Hye Jun On Their Business Trip In “My Bias, My Boss”Amy Hunt wins four golds at European ChampionshipsAyaka Miyoshi Sees Through Every Move In Byun Yo Han And Roh Jae Won’s High-Stakes Game In “Tazza 4”Park Soo-keun's 'Tree and Woman' heads to auction with up to W800m estimateSeoul’s matchmaking hit returns, this time on a Han River busLee Jung Eun And Kong Hyo Jin’s Bizarre Family Trip Hides A Dark Secret In “The Journey To Gyeongju”Korea seeks to keep $200b US investment rollout on trackChey, Gates deepen nuclear ties for AI powerWill BTS reconsider Grammy boycott as entry deadline looms?Song Kang And Lee Jun Young Showcase Their Contrasting Piano Styles In “Four Hands, Two Sonatas”Samsung ‘Ghost shares’ ruling raises cost of brokerage control failuresAn Na-rin tied for 5th in PortlandLee Jung-hoo back on hit streakHong Sang-soo just won big at Locarno. He's been winning for 30 years nowIllegal boat entries from China via Taean total 31 since 2019Korea Eximbank lends Glencore $1b to secure copperJisung, Kim Yo Han, And Shindong Put Their Sales Skills To The Test In Egypt On “ALL Or NOTHING”LG opens Brazil refrigerator plant in Global South pushNMIXX Announces “EPISODE 1: ZERO FRONTIER” Finale Concert In IncheonKim Min Ho, Lee Won Jung, And More Team Up For A Secret Operation In “New Recruit 4: Sabotage”Im Se Mi, Yoon Kyung Ho, Swings, And More Take On Key Roles In Byun Yo Han And Roh Jae Won’s Revenge Game In “Tazza 4”Samsung chairman remains unpaid; SK Group chief receives 1.75 bln won in H1H&M discloses customer data breach in South KoreaWatch: Stray Kids Takes 2nd Win For “This & That” On “Music Bank”; Performances By KiiiKiii, WayV, And MoreLee Hak Joo Exudes Chilling Presence In Special Appearance On “Flex X Cop 2”Football league bans matches at old stadium over safety issuesWatch: Ryu Jun Yeol Loses His Identity And Entire Life To A Deadly Doppelgänger In “Mousetrap” TeaserLee says job crunch has hit young generation hardKorean baseball legend Baek In-chun in critical conditionToss H1 revenue jumps as in-app services gain tractionSurvivor Lee Yong-soo attends memorial for wartime sexual slavery victimsDP threatens to expel opposition lawmaker for disparaging Gwangju Democratic UprisingSouth Korean PM, Bill Gates discuss SMR cooperation, AI energy needsChicken noodles in a coffee cup: Koreans turn to budget cafes for dog daysSong Kang Confirmed To Guest On “You Quiz On The Block”Korea Investment to widen footprint with KDB dealHere's what Gwangju air base relocation means for South Korea's Air Force2026 SPOTV K-Pop Awards Announces Presenter LineupChungnam National, Kongju National universities to merge under CNU nameSeoul shares spike for 5th straight day on chip rallyJang Sung Kyu, Billlie’s Tsuki, And AND2BLE’s Han Yujin Announced As MCs Of 2026 SPOTV K-Pop AwardsKatseye follows intuition, embraces freedom in 3rd EPFour in 10 US music consumers familiar with BTS: survey'The Odyssey' tops box office with 3 million admissionsStray Kids’ latest EP clocks up 3.28m first-week salesXdinary Heroes’ Gunil says insults targeted at privacy-invading fansSinger Lee So-eun debuts as script writer for family musical 'Battery Mommy'Watch: “Sixth Sense” Announces New Season With Yu Jae Seok, Song Eun Yi, Ko Kyung Pyo, And BIBISeoul offers free palace tours led by historiansKorea’s last boknal before dog meat ban reflects fading traditionS. Korea, UN Command issue contradicting statements on new armistice unitRescene gives Manchester City a K-pop lessonBig Bang named first ambassadors for Korea's space agencyYoung inventor turns phone grip into breathing aid for fire emergenciesActress Kim Min-hee makes first official appearance after giving birthDefendants in 'elite school drug case' walk free due to legal issuesK-pop draws tourists, but Korea’s dark tourism struggles to take offRare green sea turtle found dead on Korean beachLG humanoid set for 2027 debut with Nvidia AI brainDoosan Enerbility to supply key SMR components to US TerraPowerSamsung hires AI experts to accelerate chip business transformation3 Times When Things Went Sideways In Episodes 3-4 Of “The Affair Was Just The Beginning”Former national soccer team coach denies talking to ex-KFA chief during his appointmentXdinary Heroes Cancels Upcoming Fan Meeting “THE X-TOWN” Following Gun-il’s DepartureBill Gates arrives in Korea for talks on SMR cooperationKatseye voices support for Sophia, Manon during 'Tonight Show' appearanceBTS' 'Fake Love' becomes 6th video to hit 1.4b YouTube viewsYeonjun holds first US solo concert at LA's storied TroubadourJYP terminates contract with Xdinary Heroes' Gunil following allegationsWatch: Stray Kids Takes 1st Win For “This & That” On “M Countdown”Xdinary Heroes Cancels “Summer Sonic 2026” Appearances Following Gun-il’s DepartureRoh Jae Won Takes On First Leading Film Role As A Jealous Gambler In “Tazza 4: The Song Of Beelzebub”Lee Dong Wook, Kim Hye Jun, And More Highlight Close Bond Behind The Scenes Of “A Shop For Killers 2”Kyungpook National University rolls out AI degree with Samsung job trackLee calls for swift conscription reform to expand professional ranksTeacher investigated after filming noisy studentsHow diplomacy changed Korea’s fate — and its futureNorth Africa-based operator of Korean content piracy sites arrestedFans revisit old BTS clips after V reveals hearing difficultiesNexon scores record half-year earnings on MapleStory, ARC Raiders growth across globeFrieze Seoul helped unite Korea's art scene. Now it's looking to AsiaCast from 'Love in the Moonlight' reunites for travel variety showMessi unsure of future after father's deathSouth Korea reaches U-17 volleyball quarterfinalsBTS’s “Fake Love” Becomes Their 6th MV To Hit 1.4 Billion ViewsNCT to collaborate with Seoul Fashion Week for 10th anniversary projectBlue Elephant steps up overseas push with first US flagshipShinee’s Key, Onew among major entertainers questioned in unlicensed medical practice probeRights panel calls bathhouse's women-only towel, soap fees discriminatoryHomeplus reopensKoreans dig into family roots amid Ahn Ha-young's ancestry controversyHyeri’s Agency Shares Update On Legal Action Against Malicious PostsKong Hyo Jin And Jung Jun Won End Up At The Same Place While Pursuing Different Goals In “A Bona Fide Killer”
Tue. Aug 18th, 2026

Govt. vows support for exports of electric equipment

Industry Minister Ahn Duk-geun said Thursday the ministry plans to offer 2.7 trillion won ($1.94 billion) in trade finance for exports of electric equipment to foster the sector as a new growth engine.

Ahn announced the plan during his visit to the headquarters of HD Hyundai Electric Co. in Seongnam, just south of Seoul, to discuss ways to support the electric equipment industry, according to the Ministry of Trade, Industry and Energy.

The visit came as the government has been seeking to set strategies to address the growing demand for electricity in various industries, following the boom of artificial intelligence services that led businesses to expand data centers.

“South Korean businesses, Korea Electric Power Corp. and other state-run export firms, such as the Korea Trade-Investment Promotion Agency and Korea Trade Insurance Corp., will join forces to foster the electric equipment sector as a new export engine,” Ahn said.

He added the government plans to support other areas in the energy industry, including energy storage system solutions, as key export products.

South Korea’s exports of electric equipment came to $15.1 billion in 2023, up 9.4 percent from $13.8 billion tallied a year earlier. The ministry estimates this year’s shipment volume at $16.2 billion. (Yonhap)

KB News Desk

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