Latest news with #KoreanAerospaceAdministration

Straits Times
2 days ago
- Business
- Straits Times
South Korea to have 118 days off in 2026
The longest holiday will be the five-day Lunar New Year set from Feb 14 to 18. PHOTO: AFP South Korea to have 118 days off in 2026 SEOUL - South Koreans will have a total of 118 days off, including weekends and holidays, in 2026, one day fewer than this year, the Korean Aerospace Administration's calendar guideline showed on July 7. The longest holiday will be the five-day Lunar New Year set from Feb 14 to 18. South Korea will see 52 Sundays and 20 additional public holidays, including substitute ones, amounting to 72 days off for employees on a standard five-day work week. But the actual number of days off for holidays would be 70, with the March 1 Independence Movement Day and Buddha's Birthday falling on Sundays. It remains unclear whether substitute holidays will be designated for either day. Public holidays combined with weekends would result in 122 days off. However, with some holidays falling on Saturdays, the number effectively stands at 118. There will be eight holidays that span three days or more. This includes the Lunar New Year and the Chuseok holiday from Sept 24 to 27. There will be five three-day weekends in 2026, including National Foundation Day and Christmas. Details of the calendar guideline can be found on the KASA website ( THE KOREA HERALD/ASIA NEWS NETWORK Join ST's Telegram channel and get the latest breaking news delivered to you.


Korea Herald
3 days ago
- Business
- Korea Herald
South Korea to have 118 days off next year
More holidays may be added if substitute days are designated South Koreans will have a total of 118 days off, including weekends and holidays, in 2026, a day fewer compared to this year, the Korean Aerospace Administration's calendar guideline showed Monday. The longest holiday will be the five-day Lunar New Year set from Feb. 14 to 18. Korea will see 52 Sundays and 20 additional public holidays, including substitute ones, amounting to a total of 72 days off work for a regular employee who works five days a week. But the actual number of days off for holidays would be 70, with the March 1 Independence Movement Day and Buddha's Birthday falling on Sundays. It remains unclear whether substitute holidays will be designated for either day. Public holidays combined with weekends would result in 122 days off. However, with some holidays falling on Saturdays, the number effectively stands at 118. There will be eight holidays that span three days or more. This includes Lunar New Year and the Chuseok holidays from Sept. 24 to 27. There will be five cases of three-day 'long' weekends next year, such as National Foundation Day and Christmas. Details of the calendar guideline can be found on the KASA website (


Arab News
11-03-2025
- Business
- Arab News
Saudi Arabia, South Korea sign deal to boost cooperation in space sector
RIYADH: The Saudi Space Agency has entered into a new partnership with the Korean Aerospace Administration to boost cooperation in the space sector. A memorandum of understanding was signed at the SSA's headquarters in Riyadh, marking a significant step in strengthening bilateral ties between Saudi Arabia and South Korea in space exploration and technology development. The agreement is in line with the Saudi Space Agency's broader mission to support the Kingdom's Vision 2030 goal of becoming a global leader in space exploration. It also seeks to contribute to the nation's scientific and economic growth through innovation and technological advancements in space. The MoU comes as part of Saudi Arabia's growing commercial space sector, which is primarily driven by the private sector. Over 250 companies are currently operating in the country, emphasizing the strong involvement of the private sector. Additionally, more than 20 government agencies regulate and support the industry, according to recent findings by SpaceTech in Gulf. Mohammed Al-Tamimi, CEO of the Saudi Space Agency, emphasized that the agreement reflects the Kingdom's ongoing commitment to enhancing international cooperation in space. He stated that the SSA values such global partnerships, viewing them as essential for advancing technological capabilities and growing the space economy. Al-Tamimi underscored that the MoU will foster collaboration by integrating the expertise of both Saudi and Korean space professionals. The terms of the agreement outline key areas of collaboration, including the development of deep space technologies, manned flight programs, satellite launches, and payloads. The MoU also sets out to strengthen capabilities in space sciences and engineering, facilitate the exchange of knowledge, and enhance expertise in advanced space applications. Moreover, the agreement seeks to advance space research and technical development, while fostering an environment conducive to investment in the space sector. This partnership is expected to contribute to the growth of the space economy and improve the global standing of both Saudi Arabia and South Korea. In September, Al-Tamimi led the Saudi delegation to the fifth G20 Space Economy Leaders Meeting in Foz do Iguacu, Brazil, where he highlighted Saudi Arabia's advancements in space exploration. He also emphasized the Kingdom's commitment to using space technology for sustainable development and climate change mitigation. During the meeting, he participated in discussions on innovation, entrepreneurship, and the role of space in addressing global challenges, further showcasing the Saudi Space Agency's efforts to improve infrastructure, attract investment, and leverage space technology for sustainable progress.