Global Economic Times

2025.09.11 (Thu)
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South Korea to Introduce Foreign Caregivers and 'Top-Tier Visa' to Address Aging Population and Attract Tech Talent: The South Korean government is set to introduce foreign caregivers and a 'top-tier visa' to tackle the rapidly increasing demand f ...; Desk 2025.03.05

Six Out of Ten Seoul Citizens Favor Raising Subway Free Ride Age to 70: A recent survey reveals that six out of ten Seoul citizens support raising the age limit for free subway rides, currently set at 6 ...; Hwang Sujin 2025.03.05

Early EV Subsidy Approval Sparks Surge in South Korean Electric Vehicle Sales: The South Korean electric vehicle (EV) market is experiencing a significant boost, with domestic EV sales in the past month increa ...; Desk 2025.03.05

China Boosts R&D Investment Amidst AI Breakthroughs: China is significantly increasing its research and development (R&D) investment, particularly in artificial intelligence (AI), ...; Eugenio Rodolfo Sanabria 2025.03.05

South Korean Mid-Sized Firms Foresee Export Decline Amid Global Economic Slowdown: Nearly four out of ten South Korean mid-sized companies anticipate a decrease in their export performance during the first half of ...; ONLINE TEAM 2025.03.05

Korean Strawberries Make Debut in Brazil, Paving Way for Latin American Market Expansion: Korean strawberries, a leading export item for domestic farmers, have successfully opened a new export route to Brazil. This marks ...; Global Economic Times 2025.03.05

South Korea's GNI per Capita Rises 1.2% in 2023, Marking Second Consecutive Year of Growth: According to data released by the Bank of Korea, South Korea's Gross National Income (GNI) per capita reached $36,624 in 2023, a 1 ...; KO YONG-CHUL 2025.03.05

South Korea's Tourism Deficit Exceeds $10 Billion Amidst Recovery: South Korea's tourism balance deficit has surpassed $10 billion last year, indicating a severe deterioration. Despite the rapid in ...; Global Economic Times 2025.03.05

Financial Supervisory Service to Intensify Oversight of Insurers' Unsound Business Practices: The Financial Supervisory Service (FSS) announced on the 5th that it will intensify its supervision and inspection of unsound busi ...; ONLINE TEAM 2025.03.05

Korea's FTC Approves Samsung Electronics-Rainbow Robotics Merger, Paving Way for Humanoid Robot Development: The Korea Fair Trade Commission (FTC) has granted final approval for the merger between Samsung Electronics and Rainbow Robotics, ...; Yim Kwangsoo 2025.03.05

KHNP Achieves Asia's First Nuclear Green Bond Issuance: Korea Hydro & Nuclear Power Co. (KHNP) announced on the 5th that it has successfully issued Asia's first nuclear green bond. T ...; Global Economic Times 2025.03.05

South Korea Shifts Livestock Disease Control to Local and Private Sectors, Expands AI-Driven Prevention: The South Korean government has announced a 'Mid-to-Long-Term Livestock Disease Control Development Plan,' shifting the livestock ...; Global Economic Times 2025.03.05

Hyundai Marine & Fire Insurance Expands AI Voice Guidance System for Auto Claims: Hyundai Marine & Fire Insurance (001450) announced on the 5th that it has expanded the application of its 'Auto Claims AI Voic ...; Desk 2025.03.05

Lotte Non-Life Insurance's 'wonder' Wins Winner Award at 2024 A.N.D. Award: Lotte Non-Life Insurance (000400) announced on the 5th that its sales support platform 'wonder' won the Winner Award in the Securi ...; Hwang Sujin 2025.03.05

Kyobo Life Insurance Wins 2024 AND Award for Web Drama 'Neighbors in a Narrow Space': Kyobo Life Insurance has been awarded the Winner Award in the large enterprise category of the Digital Advertising and Campaign di ...; Hwang Sujin 2025.03.05

South Korea Establishes 50 Trillion Won Fund to Support Advanced Strategic Industries: The South Korean government has announced the establishment of a 50 trillion won fund to support advanced strategic industries, in ...; Desk 2025.03.05

BNK Busan Bank Revamps Lotte Giants-Linked Deposit Products After 18 Years: BNK Busan Bank announced on the 5th that it will revamp its regular deposit and savings products that offer preferential interest ...; Yim Kwangsoo 2025.03.05

Homeplus Pushed Out by Online Shopping... January Transaction Amount Alone Reaches 21.8 Trillion Won: While Homeplus, the second-largest hypermarket in South Korea, has entered corporate rehabilitation proceedings due to deteriorati ...; KO YONG-CHUL 2025.03.05

Financial Authorities Launch Joint Task Force to Combat New Money Laundering Techniques, Conduct Full Investigation of Saemaul Geumgo: Financial authorities are establishing a joint task force (TF) with the financial sector to proactively address emerging money lau ...; Hwang Sujin 2025.03.05

Financial Supervisory Service Urges Second-Tier Financial Institutions to Swiftly Resolve Non-Performing Assets and Ensure Stable Funding for Vulnerable Groups: The Financial Supervisory Service (FSS) has called on second-tier financial institutions to expedite the resolution of non-perform ...; Desk 2025.03.05