Global Economic Times

2025.09.12 (Fri)
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Seoul to Honor Naval Hero Yi Sun-sin with New Memorial Hall and 'Yi Sun-sin Road': SEOUL, SOUTH KOREA – Seoul is set to immortalize the legacy of Admiral Yi Sun-sin, one of Korea's most revered historical fi ...; Desk 2025.04.28

Landmark Supreme Court Rulings Hold State Accountable for Samcheong Education Corps Atrocities: SEOUL – In a significant victory for victims of the notorious Samcheong Education Corps, South Korea's Supreme Court has iss ...; KO YONG-CHUL 2025.04.28

Private Sector Joins Forces to Expand Heat Relief Centers Across South Korea: SEOUL, South Korea – In a proactive move to combat the anticipated severe heatwaves this summer, the South Korean government ...; Hwang Sujin 2025.04.28

South Korea's Supreme Court Broadens Definition of Unfair Labor Practices in Favor of Unionized Workers: Seoul, South Korea - In a significant ruling for labor rights, South Korea's Supreme Court has broadened the interpretation of unf ...; Hwang Sujin 2025.04.28

Hydrogen Vehicle Boom Faces Charging Infrastructure Bottleneck in South Korea: SEOUL, South Korea - South Korea's ambitious push towards a hydrogen-powered transportation future is encountering a significant h ...; KIM YOUNG MIN 2025.04.28

POSCO Group Honored with Double Win at Prestigious IR52 Jang Young-shil Awards: SEOUL, South Korea – POSCO Group has once again demonstrated its commitment to innovation and sustainability, securing two d ...; Yim Kwangsoo 2025.04.28

Paju City to Sue Activists Over Surprise North Korea Leaflet Drop: PAJU, South Korea – Paju City, a border region with North Korea, has announced its intention to sue and file criminal charge ...; Desk 2025.04.28

IMF Downgrades South Korea's Path to $40,000 Per Capita GDP, Citing Global Uncertainties: SEOUL - South Korea's ascent to a $40,000 per capita GDP milestone is expected to take longer than previously anticipated, accordi ...; KO YONG-CHUL 2025.04.28

China's DeepSeek Issues Korean Privacy Policy Following Government Scrutiny: SEOUL, South Korea - Chinese generative AI developer DeepSeek has implemented a Korean-language 'Privacy Policy', a move seen as a ...; KO YONG-CHUL 2025.04.28

Long-Ruling Sika Deer on Anma Island Declared 'Harmful Wildlife' as Government Acts on Ecological Crisis: ANMA ISLAND, SOUTH KOREA - Decades of ecological disruption and agricultural devastation caused by an out-of-control population of ...; KIM YOUNG MIN 2025.04.28

Incheon Bakeries Busted for Storing Expired Ingredients, Violating Food Safety Laws: INCHEON, SOUTH KOREA - Authorities in Incheon have cracked down on several food establishments, including prominent bakery cafes, ...; KO YONG-CHUL 2025.04.28

Fierce Competition for Busan Public Sector Jobs as Application Numbers Soar: Busan, South Korea – The allure of public sector employment in Busan remains strong, as evidenced by the intensely competit ...; Desk 2025.04.28

Toyota Korea Amplifies After-Sales Service with New Mega Parts Center: SIHEUNG, South Korea – Toyota Korea is significantly bolstering its after-sales service capabilities with the grand opening ...; Hwang Sujin 2025.04.28

Seoul Bets Big on Chicken to Boost Public Delivery App "Ttanggyeoyo": The Seoul Metropolitan Government has launched a bold initiative for its public delivery app, "Ttanggyeoyo" (땡겨요, meaning "It pull ...; Hwang Sujin 2025.04.28

South Korean Self-Employed Face Mounting Debt Amid Economic Slump: SEOUL - South Korea's self-employed sector is facing a growing financial strain, with debt levels soaring to over three times thei ...; Desk 2025.04.28

Voice Phishing Scams in South Korea Surge, Targeting Older Demographics: A concerning surge in voice phishing (phone-based financial fraud) has been reported in South Korea during the first quarter of 20 ...; Hee Chan Kim 2025.04.28

"May Donghaeng Festival" to Boost National Spending, Support Small Businesses: South Korea is set to launch the "May Donghaeng Festival," a nationwide initiative aimed at stimulating consumer spending and supp ...; Hwang Sujin 2025.04.28

Semiconductor Giants Pivot to Advanced DRAM Amid China's Low-Price Onslaught: SEOUL, South Korea - Leading semiconductor manufacturers, including South Korean giants Samsung Electronics and SK Hynix, along wi ...; KO YONG-CHUL 2025.04.28

South Korea Mandates Bi-Annual Safety Inspections for Motorcycles, Introduces Tuning Checks: In a move to enhance road safety and regulate modifications, South Korea has implemented mandatory bi-annual safety inspections fo ...; Kim Sungmoon 2025.04.28

South Korea Hikes Train Ticket Cancellation Fees and Fare Evasion Penalties on Peak Days: SEOUL, South Korea – In a move to combat "no-show" passengers and deter fare evasion, South Korea's Ministry of Land, Infras ...; KO YONG-CHUL 2025.04.28