South Korea’s Oceans Ministry unveils record 2027 budget to drive maritime growth

SEJONG -- South Korea’s Ministry of Oceans and Fisheries has proposed an 82.6 trillion won ($59 billion) budget for 2027, up 10.8 percent from this year, with increased spending planned for fisheries, ports, marine technology and coastal communities. The proposed increase would be the largest annual growth rate in the

SEOUL, Sept 1 : South Korea on Tuesday unveiled its most aggressive fiscal spending plan on record, setting total government expenditure for 2027 at 821 trillion won ($596.92 billion) to strengthen the country's technological edge amid the global AI race. In its annual budget proposal, the budget ministry said the spen

South Korea proposes record $597 billion 2027 budget to supercharge AI investment  Reuters

TOKYO (Kyodo) -- Japan's Defense Ministry on Monday submitted a record budget request of 8.89 trillion yen ($56 billion) for fiscal 2027, as the count

From hypersonic underwater-launched missiles to artificial intelligence for command and control, the request is chock full of advanced weaponry and tech.