Global Economic Times

2026.04.25 (Sat)
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Seoul Consumers Feel the Pinch as Gimbap Prices Continue to Climb: SEOUL - The price of gimbap, a widely favored and convenient meal for consumers in Seoul, has once again risen, adding to the grow ...; Yim Kwangsoo Correspondent 2025.04.26

Shinan-gun Hosts the 3rd World Kimbap Festa, Showcasing Unique Local Flavors: Shinan-gun, Jeollanam-do Province, South Korea, is set to host the highly anticipated '3rd World Kimbap Festa' for two days, start ...; Yim Kwangsoo Correspondent 2025.04.26

K-Beauty Brand 'Droett' Expands Global Presence, Entering Tokyo and Chicago Markets: South Korean beauty brand 'Droett,' renowned for its self-proclaimed title of 'the most hydrating lipstick in the world,' is makin ...; Desk 2025.04.26

K-Beauty's Unprecedented Global Surge: Indie Brands Lead the Charge, Surpassing France in the US Market: SEOUL - Korean beauty (K-Beauty) is experiencing a remarkable surge in the global market, fueled by a confluence of factors includ ...; Kim Sungmoon Reporter 2025.04.26

South Korea's MFDS Intensifies Support for Domestic Cosmetics Industry's Entry into the Global Halal Market: The Ministry of Food and Drug Safety (MFDS) of South Korea, headed by Commissioner Oh Yu-kyoung, has announced a significant push ...; KO YONG-CHUL Reporter 2025.04.26

Global Beauty Brands Struggle in South Korea, Facing Declining Profits and Exits: Global cosmetic brands are facing significant headwinds in South Korea, the home turf of K-beauty. Declining profitability and a s ...; Hwang Sujin Reporter 2025.04.26

Kosolke Wins '2025 Korea Industry Awards' Beauty Grand Prize for Differentiated Technology and Global Market Success: Kosolke Co., Ltd. has been honored with the Beauty Grand Prize at the '2025 Korea Industry Awards', recognizing its distinguished ...; KO YONG-CHUL Reporter 2025.04.26

K-Beauty Braces for Impact as US Reciprocal Tariffs Threaten Golden Era: The South Korean beauty industry, riding a wave of global popularity fueled by its innovative products and "value-for-money" appea ...; KO YONG-CHUL Reporter 2025.04.26

K-Beauty's Global Popularity Fuels Explosive Growth in Cosmetics Packaging Industry: The global surge in popularity of K-beauty is bringing a wave of prosperity to the cosmetics packaging industry. As K-beauty produ ...; Hwang Sujin Reporter 2025.04.26

K-Beauty Supply Chain Thrives as Export Records Shatter: South Korea's K-beauty industry is riding a wave of unprecedented export success, generating significant tailwinds for companies a ...; Desk 2025.04.26

K-Beauty Forum Bridges Korean Cosmetic Firms and Russian Industry Amidst Strong Popularity: Moscow, Russia – A K-Beauty Forum 2025 was recently held in Moscow, connecting South Korean cosmetic companies with key play ...; Desk 2025.04.26

Foreign Investors' Continued Sell-Off in KOSPI Raises Questions of Return: Despite some easing of concerns that have weighed on investor sentiment in the South Korean stock market, including earnings, tari ...; KO YONG-CHUL Reporter 2025.04.26

Fake High-Yield Mongolian Bank Bonds Scam Alert Issued by South Korean Financial Watchdog: Seoul, South Korea – South Korean financial authorities have issued a stern warning to investors regarding a sophisticated o ...; KO YONG-CHUL Reporter 2025.04.26

Bank Branch Closures Raise Concerns Over Financial Exclusion in South Korea: The rapid digitalization of finance and the rise of non-face-to-face interactions due to the COVID-19 pandemic have led to a signi ...; Desk 2025.04.26

Korean Ferry Operator Acquires Troubled Queen Beetle Amidst Japan-South Korea Route Uncertainty: Busan, South Korea – The high-speed ferry Queen Beetle, plagued by a significant hull leakage incident last year that ultima ...; Hee Chan Kim Reporter 2025.04.26

Revitalization of Incheon-Baengnyeong Ferry Route Gains Momentum with New Vessel Construction Fund: Incheon, South Korea – Plans for a large-scale ferry connecting Incheon and Baengnyeong Island have received a significant b ...; Min Gyu Mi Reporter 2025.04.26

Incheon i-Baedal Pass Connects Hearts to West Sea Islands, but Accessibility to the Mainland Remains a Challenge: Incheon, South Korea - Since January 2025, the implementation of Incheon's i-Baedal Pass has significantly lowered the barrier for ...; Hwang Sujin Reporter 2025.04.26

Jeonnam's Revolutionary "One-Dollar Ferry" Bridges the Gap for Island Communities, Surpasses 5.5 Million Users: Mokpo, Jeonnam Province – A groundbreaking initiative launched by Jeonnam Province in 2021, the "One-Dollar Ferry" program, ...; Yim Kwangsoo Correspondent 2025.04.26

Korea Poised to Lead Global Sustainable Aviation Fuel Market Amidst Growing Environmental Concerns: The global aviation industry, a vital artery of modern connectivity facilitating approximately 4 billion passenger journeys annual ...; KO YONG-CHUL Reporter 2025.04.26

Toxic Legacy: Heavy Metal Contamination Devastates Groundwater Near South Korean Smelter, Sparking Calls for Closure: Bonghwa County, North Gyeongsang Province, South Korea – Shocking revelations have emerged regarding the severely contaminat ...; KIM YOUNG MIN 2025.04.26