South Korea will raise defense spending by 7.5% next year to $44.8 billion, the Ministry of National Defense said.
Yonhap News Agency on MSN
Gov't 2026 defense budget to rise 7.5 pct as it seeks to bolster three-axis deterrence system
The defense budget for next year has been set at 65.9 trillion won (US$44.8 billion), up 7.5 percent from the previous year ...
Yonhap News (English) on MSN
Assembly clears 2026 budget before deadline, Korea’s first on-time passage in 5 years
The National Assembly on Tuesday passed next year's budget of 727.9 trillion won ($498 billion) that calls for more spending to prop up the ...
Congress returns from Thanksgiving with a Christmas tree lighting scheduled for Tuesday and lengthy to-do list before the ...
“Defending the homeland” has always been the point of the national defense strategy, experts argue, but the precursors to the forthcoming update hint that the way the U.S. practices homeland defense ...
The Trump administration is using a novel approach to increase defense spending. The Pentagon is relying on reconciliation, a special legislative process that expedites the passage of high-priority ...
Taiwan President Lai Ching-te outlined his administration’s proposal for a $40 billion defense supplemental this week that ...
With China ramping up its military posturing towards Taiwan, Taipei is preparing to boost its own combat readiness. Will the ...
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