Latest news with #ADD
Korea Herald
a day ago
- Business
- Korea Herald
Defense R&D generates W697tr in economic value: defense agency
South Korea's state-run Agency for Defense Development announced Monday that its research and development activities have generated an estimated economic impact of 697 trillion won ($504 billion) over the 55 years since its founding in 1970. According to the report, the country has invested approximately 65 trillion won in the institute for defense-related research and development. The resulting impact includes reduced dependence on foreign weapons systems, enhanced operational readiness, lower societal development costs and technology spillover effects. The institute also estimated that its activities have created around 380,000 jobs in related industries. Since its founding, ADD has developed 303 weapon systems, 146 of which have been adopted by the South Korean military. Among its most notable achievements are the Cheongung II medium-range surface-to-air missile and the K9 Thunder self-propelled howitzer — South Korea's top two arms exports — both developed under ADD's leadership. In 2024, according to a separate report by the Korea Research Institute for Defense Technology Planning and Advancement, South Korea ranked eighth globally in terms of overall defense science and technology capabilities. In the same year, its investment in defense-related research reached $3.68 billion, placing it fourth worldwide. Since 2008, South Korea has signed defense export contracts totaling approximately 60 trillion won with over 23 countries. During that period, ADD said it contributed directly to 32 of the exported items. 'Defense technology development has not only strengthened national security but also made significant contributions to the national economy and scientific advancement,' said ADD President Lee Geon-wan. 'We will continue to play a leading role not only in defense, but also in driving economic and technological progress.'
Korea Herald
a day ago
- Business
- Korea Herald
Economic impact of defense projects by state agency estimated at 69.7b won
The economic impact of weapons systems developed by the Agency for Defense Development since its establishment was estimated at 69.7 billion won ($50.3 million), a report showed Monday. The amount was calculated based on the value of 303 weapons systems, including 146 deployed by the military, developed by the state-run institution since its establishment in 1970, according to the report published on the occasion of the ADD's 55th anniversary. Among the weapons systems developed by the ADD were the Cheongung-II medium-range surface-to-air missile system and the K9 self-propelled howitzer, which were the two most-exported products in terms of amount. Weapons systems researched and developed by the ADD accounted for 43 percent of South Korea's overseas defense exports, which totaled around 60 trillion won from 2008-2025, according to the report. South Korea's defense technologies were assessed to be the world's eighth most advanced as of last year, according to a separate government report. (Yonhap)
Morocco World
7 days ago
- Business
- Morocco World
Morocco, Dubai Join Forces to Expand GITEX Africa Impact
In Rabat, leaders from Morocco's Digital Development Agency (ADD) and the Dubai World Trade Center (DWTC) joined forces to advance the bold vision of securing Africa's position at the forefront of the global digital economy. Amine El Mezouaghi, Director General of the ADD, welcomed today Trixie LohMirmand, Executive Vice President of the DWTC and CEO of Kaoun International, for a courtesy visit that carried the weight of a deepening partnership. It was an opportunity to reflect on the first three editions of GITEX Africa Morocco, which has quickly become a continental reference, and to shape the direction of its upcoming fourth edition. Speaking after the meeting, El Mezouaghi described GITEX Africa as a strategic platform that does more than connect technology players. It creates momentum for startups, opens doors for investors, and positions Africa as a driving force in the digital future. He linked this mission to Morocco's broader vision, which places digital transformation at the heart of sustainable development, structural transformation, and South-South cooperation. The discussions also addressed Morocco's Digital Morocco 2030 strategy, with both sides reaffirming their commitment to make the event a showcase of innovation, economic potential, and technological leadership across the continent. For the ADD and DWTC, this collaboration is about more than hosting an annual gathering. It is about building an inclusive, interconnected, and sovereign African digital space. Read also: GITEX Africa 2025 Exceeds All Expectations, Morocco's Digital Minister Says With mutual trust and complementary expertise, both institutions are determined to make GITEX Africa Morocco a lasting catalyst for continental progress. GITEX Africa 2025 demonstrated Morocco's drive to lead digital transformation across the continent. The event brought together tech pioneers, startups, investors, and public sector innovators from over 130 countries in Morocco's iconic red city. Drawing more than 52,000 visitors, the event solidified Morocco's standing as a major digital hub in Africa and a growing force on the global tech stage. Attendance increased by 16% compared to last year, reflecting rising international interest. With 1,450 exhibitors from 138 countries, including 740 startups, 260 of which are Moroccan, the fair offered a diverse showcase of innovation. The Moroccan government played an active role by funding participation costs for over 200 local companies. As part of its Digital Morocco 2030 strategy, the North African country also aims to deploy 5G technology and develop the essential digital infrastructure needed to support a modern and connected economy. This advancement will also play a critical role in preparing Morocco for its upcoming role as co-host of the FIFA World Cup 2030, ensuring seamless connectivity and cutting-edge digital services throughout the event. Tags: DigitalDigital Morocco 2030GITEX AFRICAMorocco
Metro
06-08-2025
- Entertainment
- Metro
Coronation Street star Kimberly Hart-Simpson shares diagnosis
Former Coronation Street star Kimberly Hart-Simpson, best known to soap fans as sex worker Nicky Wheatley, shared her ADHD (Attention Deficit Hyperactivity Disorder) diagnosis on her Instagram yesterday. Nicky wrote that she was diagnosed eight months ago, but decided to keep quiet, initially wanting to 'untangle 38 years worth of WTF' and because the internet can be 'very, very harsh'. She further explained: 'I come from a generation where this wasn't really an open conversation or a comfortable label. 'So when i found out I did the classic reaction of run a marathon / go to Thailand on your own / start a million new side projects. I would say running was the most exposing time for me – but also gave me the space to really understand myself.' Contemplating her future following her diagnosis, Kimberly said: 'I am actually happy I have received the diagnosis I did, it's helpful for me. I am not sure what I will do with the knowledge just yet… I mean I haven't just developed it, I have clearly had it all my life, but I have only just admitted it, so its going to be a process.' Kimberly's post was flooded with comments of support. Former Corrie co-stars Bhavna Limbachia, who played Rana Habeeb, left a string of heart emoji's, while Jack James Ryan, known to fans as Jacob Hay, followed suit with some heart emoji's of his own. One fan commented: 'I got diagnosed at 38 years too. It was a 'who am I' moment too'. NHS describes ADHD as 'a condition that affects people's behaviour. People with ADHD can seem restless, may have trouble concentrating, and may act on impulse.' Is it often diagnosed in childhood, but in some cases isn't recognised until adulthood. 'Research has also identified a number of possible differences in the brains of people with ADHD when compared with those without the condition. For children, treatments include 'appropriate educational support, advice and support for parents and affected children, alongside medicine, if necessary.' For adults, 'medicine is often the first treatment offered, although psychological therapies may also help.' Another added: 'I found out in school that I have ADD and Asperger's, although it doesn't define my life it did help me find out why I acted certain ways that were deemed strange to others. Definitely a good thing to be diagnosed with it. I think you will have a much easier time now that you have found out.' 'Mate, it took me about 6 months or so for my diagnosis to settle in with me too. That was 6 years ago, almost, and l'm so glad 1 got my diagnosis and find it helpful just knowing. Loads of love xx' said another fan. Kimberly's Corrie character Nicky was initially introduced as an escort, employed by Daniel Osbourne (Rob Mallard) as he struggled to process his the loss of his wife Sinead Tinker's (Katie McGlynn) following her battle with cervical cancer. Daniel began paying Nicky to dress in his late wife's clothes as he wrestled with his grief, leading to a complex relationship between the two. Nicky later left Weatherfield to start a new life with her daughter, with Daniel's support, though returned to help Daniel once again regarding the Lauren Bolton (Cait Fitton) missing persons case. Prior to her stint on the cobbles, Kimberly had appeared in Hollyoaks as both Davina, a firefighter, and Beverly, a landlord. More Trending Following Nicky's departure from the Street, Kimberly appeared on E4's Celebs Go Dating: The Mansion and had a role on Brassic as Andrea. She also launched her own clothing company, Hart-Work, and designed a rainbow themed dress for Hollyoaks star Jessica Ellis, known better to soap fans as Tegan Lomax, for the British Soap Awards. View More » She later came out as pansexual and announced her pride in creating the piece to represent the LGBTQ+ community. MORE: New Coronation Street romance confirmed – but tears will follow MORE: My wife ended her life seven months after we got married MORE: All Coronation Street spoiler videos for next week as one couple gets set to tie the knot
Business Upturn
29-07-2025
- Business
- Business Upturn
Why are Chemplast Sanmar shares falling over 2% today? Explained
By Aditya Bhagchandani Published on July 29, 2025, 09:24 IST Shares of Chemplast Sanmar Ltd fell 1.9% to ₹422.70 on Tuesday after the company reported a net loss of ₹64 crore for the quarter ended June 2025 (Q1FY26), compared to a net profit of ₹24 crore in the same period last year. Revenue declined marginally to ₹1,100 crore from ₹1,145 crore in Q1FY25, as the company grappled with a challenging market environment and continued pricing pressures. 'The industry faced continued pricing pressure during the quarter due to persistent dumping of Paste PVC and Suspension PVC,' said Ramkumar Shankar, Managing Director of Chemplast Sanmar. He noted that although anti-dumping duties (ADD) are in place for several countries, there has been a significant inflow of dumped materials from the EU and Japan, prompting a fresh ADD investigation by DGTR. Despite the loss, Shankar maintained a positive outlook, citing healthy product pipeline in the Custom Manufactured Chemicals Division and robust demand for PVC products. 'We have used this tough period to build capacity in our speciality businesses, which will act as a springboard for future growth,' he added. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
