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Business

Drone player Garuda Aerospace raises $5 mn

City-based drone-as-a-service company Garuda Aerospace said that has raised $5 million from a large infrastructure development company, high-net-worth individuals, and angel investors.

Chip export curbs not aimed at hurting businesses: US official

The United States implementation of export controls on semiconductor equipment is not intended at interfering with business activities, a senior US official said Thursday, stressing it will closely engage with the South Korean government and related industries over the matter.