Global Economic Times

2025.09.10 (Wed)
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Middle-Class Squeeze: Disposable Income Plummets to Five-Year Low: Seoul – South Korea’s middle class is feeling the pinch, with disposable household income falling below 700,000 won fo ...; Min Gyu Mi 2025.03.25

Unusual Weather Patterns Drive Up Agricultural Prices, Threatening Food Inflation: The recent surge in unusual weather patterns, including heavy snowfall in March, is driving up agricultural prices and raising con ...; Hwang Sujin 2025.03.25

Seafood Prices Soar as Production of Popular Fish Plummets: Seoul, South Korea – The cost of staple seafood items like mackerel, squid, and hairtail has surged in South Korea, placing ...; Hwang Sujin 2025.03.25

Twosome Place Increases Prices by Average 4.9%... 58 Items Including Coffee and Cakes Affected: On the 24th, Cafe Twosome Place announced that it will raise the prices of some products by an average of 4.9% starting from the 2 ...; Hwang Sujin 2025.03.25

Kakao Entertainment Fined 390 Million Won for 8 Years of Covert Online Advertising: The Fair Trade Commission (FTC) has imposed a fine of 390 million won on Kakao Entertainment, South Korea's leading music distribu ...; Desk 2025.03.25

Cement Industry in Crisis: Shipments Plunge to 1980s Levels Amid Construction Slump: SEOUL - South Korea's cement industry is grappling with a severe downturn, as shipment figures have plummeted since the beginning ...; ONLINE TEAM 2025.03.25

Auto Insurance Loss Ratio Skyrockets Amidst Cold Wave and Premium Cuts: SEOUL — The auto insurance sector is facing mounting challenges as the loss ratio for major insurers surged to 88.7% in Febr ...; Desk 2025.03.25

Hyundai Motor Group Announces $21 Billion Investment in the U.S. by 2028: Hyundai Motor Group Chairman Euisun Chung, accompanied by President Trump, announced on the 24th (local time) at the White House t ...; KO YONG-CHUL 2025.03.25

Jeonbuk Bank Launches Mobile Foreigner Registration Card-Based Financial Transactions: Jeonbuk Bank, a member of the JB Financial Group, has become the first financial institution in South Korea to introduce both in-p ...; KO YONG-CHUL 2025.03.25

Jeonbuk Businesses Lag in ESG Adoption, Urgent Need for Corporate Support: A recent survey has revealed that the adoption rate of ESG (Environmental, Social, and Governance) management among businesses in ...; ONLINE TEAM 2025.03.25

LX Corporation to Modernize Mongolia's Address Information System: SEOUL, South Korea - The Korea Land and Geospatial Informatix Corporation (LX Corporation), under the leadership of CEO Eom Myeong ...; Global Economic Times 2025.03.25

Jeonbuk NAQS Intensifies Crackdown on Origin Labeling in Government Restaurants: JEONJU, South Korea – The Jeonbuk branch of the National Agricultural Products Quality Management Service (NAQS) has launche ...; Yim Kwangsoo 2025.03.25

Jeonbuk Economic Promotion Agency (JEPA) Drives Global E-commerce Growth for Local SMEs with New Support Program: JEONJU, South Korea – In a strategic move to amplify the international presence of regional businesses, the Jeonbuk Economic ...; Yim Kwangsoo 2025.03.25

2025 Gyeongnam Tourism Expo: Showcasing the Beautiful Four Seasons and Abundant Attractions of Gyeongnam: The '2025 Gyeongnam Tourism Expo' recently concluded its successful three-day run from March 20th to 22nd at the Changwon Conventi ...; ONLINE TEAM 2025.03.25

Wildfires Ravage Cultural Heritage Sites in Sancheong and Hadong: "Amidst the spreading damage from the large wildfires in Sancheong County and other areas, there are widespread expressions of reg ...; KO YONG-CHUL 2025.03.25

Gyeongnam Firefighters Battle Relentless Wildfire, Sacrificing for Community: The wildfire prevention specialists (hereinafter referred to as firefighters) at the Sicheon-myeon wildfire site in Sancheong-gun ...; KO YONG-CHUL 2025.03.25

Wildfire in Gimhae Persists for Third Day, Complete Extinguishment Remains Challenging: A wildfire that broke out on the 106th hill of Angok-ri, Hallim-myeon, Gimhae City, at 2:03 PM on the 22nd, continues for the thir ...; KO YONG-CHUL 2025.03.25

Wildfire in Sancheong Spreads to Hadong, Forcing Evacuation of Over 800 Residents: A wildfire that started in Sicheon-myeon, Sancheong-gun, four days ago, continues to rage, rapidly spreading to Okjong-myeon, Hado ...; KO YONG-CHUL 2025.03.25

NH NongHyup Jeju to Hire 40 New Employees in First Half of 2025: JEJU, South Korea – NH NongHyup Jeju Headquarters and the Jeju Regional Agricultural and Livestock Cooperatives Personnel Af ...; Yim Kwangsoo 2025.03.25

Jeju Fishermen Suffer Heavy Losses as Hairtail Catch Plummets Off Taiwan Coast: JEJU ISLAND – Fishermen from Jeju Island are facing severe financial hardships as hairtail catches have drastically declined ...; Yim Kwangsoo 2025.03.25