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Korea Herald
31-07-2025
- Business
- Korea Herald
[팟캐스트] (710) 한국 체류 외국인, 역대 최고치 273만 명 기록
진행자: 간형우, Devin Whiting S. Korea's foreign population reaches all-time high of 2.73 million 기사 요약: 국내 체류 외국인 수가 역대 최대치를 기록한 가운데, 그중 3명 중 1명은 중국인인 것으로 나타났다. [1] South Korea's foreign population has reached an all-time high of more than 2.73 million, data showed Sunday. reach: 도달하다 all-time high: 역대 최고 [2] Of the total, some 1.55 million were long-term foreign residents staying 90 days or more, who registered personal information such as name, date of birth and purpose of stay with local immigration offices. long-term: 장기적인 resident: 거주자 [3] Another 552,000 of the total foreign resident population were overseas Koreans holding F-4 visas, who established a place of residence and reported it to their local immigration office, entitling them to rights similar to those of Korean citizens, such as opening bank accounts and enrolling in the national health insurance program. overseas: 해외의 entitle: 자격을 주다 enroll: 명부에 올리다, 등록하다 [4] The largest share of foreign residents was held by Chinese nationals with 972,176, accounting for 35.6 percent of the total. They were followed by Vietnamese (341,153), Americans (196,664), Thais (173,710) and Uzbeks (98,457). share: 지분 hwkan@
Korea Herald
27-07-2025
- Business
- Korea Herald
S. Korea's foreign population reaches all-time high of 2.73 million
South Korea's foreign population has reached an all-time high of more than 2.73 million, data showed Sunday. The number of foreign nationals staying in the country for purposes including education, employment or tourism stood at just under 2,733,000 as of the end of June, marking a 1.5 percent increase (40,068 people) from the previous month, according to data from the Korea Immigration Service under the Ministry of Justice. Of the total, some 1.55 million were long-term foreign residents staying 90 days or more, who registered personal information such as name, date of birth and purpose of stay with local immigration offices. Half of these registered foreigners were found to reside in Seoul and the surrounding metropolitan area. The Yeongnam region, which includes major cities such as Daegu, Busan and Ulsan, was home to 317,286 (20.3 percent), followed by 200,939 (12.9 percent) in the Chungcheong region and 136,990 (8.8 percent) in the Honam region. Another 552,000 of the total foreign resident population were overseas Koreans holding F-4 visas, who established a place of residence and reported it to their local immigration office, entitling them to rights similar to those of Korean citizens, such as opening bank accounts and enrolling in the national health insurance program. The remaining 620,000 foreign nationals were short-term visitors staying fewer than 90 days, most of whom were tourists. Chinese account for one in three The largest share of foreign residents was held by Chinese nationals with 972,176, accounting for 35.6 percent of the total. They were followed by Vietnamese (341,153), Americans (196,664), Thais (173,710) and Uzbeks (98,457). When categorized by visa type, F-4 visa holders, who are foreign nationals of Korean ancestry, represented the largest group, totaling 554,895. Following them were 341,453 foreign nationals on E-9 visas, issued under the Employment Permit System, which permits stays of up to three years. Launched in 2004, the temporary worker program allows small and mid-sized companies facing labor shortages to legally hire foreign workers for low-skilled jobs. F-5 permanent residency visa holders came next at 214,036, followed by 191,297 on D-2 student visas and 171,063 on B-2 tourist visas. By age, foreign residents in their 30s made up the largest segment at 25.7 percent, followed by those in their 20s (23.1 percent), 40s (16.7 percent), 60 and older (13.5 percent), 50s (12.3 percent) and under 19 (8.7 percent). The previous all-time high foreign population was recorded in 2019 at around 2.52 million, but the figure declined for two consecutive years amid the COVID-19 pandemic, falling to 2.04 million in 2020 and 1.96 million in 2021. But as COVID-19 reached the endemic stage, the figure rebounded to about 2.51 million in 2023 and rose further to 2.65 million last year. This year, the number peaked at 2.72 million in March, then dipped to 2.71 million in April and 2.69 million in May, before reaching a new record high of 2.73 million in June.
Korea Herald
27-06-2025
- Business
- Korea Herald
KAI secures second W2.4tr KF-21 deal with Korea's defense agency
Korea Aerospace Industries has signed an additional KF-21 supply agreement worth 2.39 trillion won ($1.76 billion), selling 20 more of South Korea's next-generation fighter jets. According to the Defense Acquisition Program Administration on Friday, KAI is poised to deliver 20 KF-21 Boramae jets in addition to the first contract for the initial production of 20 units signed in June last year. This deal also includes providing technical manuals, education and follow-up logistical support for the jets. The KF-21 is Korea's first domestically developed 4.5-generation fighter jet, which will be introduced to the Air Force starting in the second half of 2026. Historically, the country has relied on foreign military technology — predominantly from the US. The jet is set to replace older aircraft, including the F-5, F-4 Phantom II, KF-16 and F-15K, and bolster Korea's air power. Powered by two General Electric F414 engines, the jet can reach up to Mach 1.8 —approximately 2,200 kilometers per hour — and support a wide range of weapons such as air-to-air missiles, precision-guided bombs and a cannon. DAPA recently announced that it carried out a successful flight test of a domestically developed long-range air-to-surface guided missile, set to be integrated into the KF-21, highlighting the jet's deep-strike capabilities. The KF-21 also shows potential for exports to Indonesia, the UAE and other countries. Notably, Indonesia is a partner in the KF-21 fighter jet program and recently finalized a deal with Korea to fund 600 billion won as a contribution. 'The KF-21 symbolizes the remarkable growth of Korea's formerly nascent aerospace industry,' stated a KAI official. 'We are committed to enhancing our Air Force's capabilities and contributing to advancing the aerospace industry.' Meanwhile, DAPA signed an additional 623.2 billion won engine supply agreement with Hanwha Aerospace, a subsidiary of Hanwha Group, raising the total contract value to 1.18 trillion won. Its sister company, Hanwha Systems, also finalized a deal valued at 124.8 billion won for the remaining supply of AESA radars.
Yahoo
03-06-2025
- Entertainment
- Yahoo
Community Yard Sale and Celebration on the Courthouse Lawn take place next weekend
HENDERSON, Ky. (WEHT)- Next weekend is a busy one in Warrick County, with several fun events planned. Petersburg resident reflects on 35th anniversary of F-4 tornado A community yard sale will take place at the Newburgh Museum from June 12-14 from 7 a.m. to 3 p.m. each day. June 14 is also Flag Day, and there will be a celebration on the Boonville Courthouse Lawn to commemorate the day. The celebration will feature live music, food trucks, games, and the playing of the national anthem at noon. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Associated Press
03-06-2025
- Business
- Associated Press
Titan Pharmaceuticals Announces Filing of Registration Statement for Proposed Business Combination with TalenTec Sdn. Bhd.
NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) -- Titan Pharmaceuticals, Inc. (NASDAQ: TTNP) ('Titan' or the 'Company') announced today the filing by Black Titan Corporation with the U.S. Securities and Exchange Commission ('SEC') of a registration statement on Form F-4 in connection with the proposed combination of Titan and TalenTec Sdn. Bhd. (f/k/a KE Sdn. Bhd.) ('TalenTec'), which includes Titan's preliminary proxy statement (the 'Form F-4') As previously announced on August 19, 2024, Titan and TalenTec have entered into a Merger and Contribution and Share Exchange Agreement (the 'Merger Agreement') regarding a business combination, pursuant to which Titan will be combined with TalenTec in a 'reverse merger' transaction (the 'Business Combination'). The Form F-4 was filed by Black Titan Corporation, the holding company under which the businesses will combine, and is available through the SEC's website at under the name 'Black Titan Corporation.' The registration statement has not been declared effective by the SEC and the information in the preliminary proxy statement/prospectus is not complete and may be changed. The Business Combination is subject to approval by Titan stockholders and the satisfaction of other customary closing conditions and is expected to close in the third quarter of 2025 although there can be no assurance thereof. Important Information About the Business Combination and Where to Find It This communication is being made in respect of the proposed Business Combination transaction between Titan and TalenTec. The proposed transaction will be submitted to the stockholders of Titan for their consideration and approval. In connection with the proposed transaction, Black Titan Corporation has filed with the SEC a registration statement on Form F-4 that includes a preliminary proxy statement/prospectus (a 'Proxy Statement/Prospectus'). After the registration statement has been declared effective by the SEC, a definitive Proxy Statement/Prospectus will be mailed to Titan's stockholders as of a record date to be established by Titan's board of directors for voting on the Business Combination. Titan may also file other relevant documents regarding the Business Combination with the SEC. Titan's stockholders and other interested persons are advised to read, once available, the preliminary Proxy Statement/Prospectus and any amendments thereto and, once available, the definitive Proxy Statement/Prospectus, in connection with Titan's solicitation of proxies for its special meeting of stockholders to be held to approve, among other things, the Business Combination, because these documents will contain important information about Titan, TalenTec and the Business Combination. Stockholders of Titan may also obtain a copy of the preliminary or definitive proxy statement, once available, as well as other documents filed with the SEC regarding the Business Combination and other documents filed with the SEC, without charge, at the SEC's website located at or by directing a request to: Titan's Chief Executive Officer at 10 East 53rd St., Suite 3001, New York, NY 10022. Participants in the Solicitation Titan, TalenTec and their respective directors, executive officers and other members of their management and employees may be deemed to be participants in the solicitation of proxies of Titan's stockholders in connection with the potential transactions described herein under the rules of the SEC. Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of Titan's and TalenTec's officers and directors in the registration statement on Form F-4 to be filed with the SEC and will also be contained in the Proxy Statement/Prospectus relating to the proposed transactions when it is filed with the SEC. These documents may be obtained free of charge from the sources indicated above. Forward-Looking Statements The disclosure herein may contain 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements involve risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from management's current expectations include, without limitation, Titan's expectations with respect to future performance, ability to consummate the Business Combination and ability to recognize the anticipated benefits of the Business Combination; costs related to the proposed Business Combination; the satisfaction of the closing conditions to the Business Combination; the timing of the closing, if any, of the Business Combination; global economic conditions; geopolitical events and regulatory changes; and other risks and uncertainties indicated from time to time in filings with the SEC. Additional information concerning these and other risk factors is contained in Titan's most recent filings with the SEC and will be contained in the Form F-4 and other filings to be filed as result of the transactions described above. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law. No Offer or Solicitation This press release shall not constitute an offer to sell, or a solicitation of an offer to buy, or a recommendation to purchase, any securities in any jurisdiction, or the solicitation of any vote, consent or approval in any jurisdiction in connection with the Business Combination, nor shall there be any sale, issuance or transfer of any securities in any jurisdiction where, or to any person to whom, such offer, solicitation or sale may be unlawful under the laws of such jurisdiction. This press release does not constitute either advice or a recommendation regarding any securities. No offering of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act or an exemption therefrom. Media & Investor Contacts: Chay Weei Jye Chief Executive Officer (786) 769-7512
