Private Sector
South Korea's fourth Nuri rocket launch succeeds, main satellite contacts
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South Korea's homegrown Nuri rocket successfully launched from Naro Space Center early on November 27. Carrying 13 satellites, it reached the target altitude of 600 km and deployed them, with the main satellite CAS500-3 establishing communication with King Sejong Station in Antarctica. The mission marks a shift toward private sector-led space development.
Addis Ababa Mayor Kantiba Adanech Abiebie stated that the private sector is working with high speed and growth by following the government's development strategy. She inaugurated the start of a public park plaza project by Midrock Investment Group on a social service site. The project spans 1.3 hectares.
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Ahead of China's annual 'two sessions', private businesses are urging the government to prioritize settling outstanding debts amid cash flow challenges. The Beijing Dacheng Enterprise Research Institute has put forward 38 suggestions to protect rights and address operational issues, including overly rigid law enforcement, financing difficulties, and hidden market access barriers.