Global Economic Times

2026.04.26 (Sun)
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Gyeonggi Province's 'Climate Action Opportunity Income' Program Exceeds 1 Million Subscribers: Gyeonggi Province, South Korea – The "Climate Action Opportunity Income" program, launched by Gyeonggi Province in July 2023 ...; Min Gyu Mi Reporter 2025.02.17

Porsche Expands its Presence in South Korea with New Service Center and Ambitious Plans: Seoul, South Korea – Porsche, the renowned German sports car manufacturer, has reinforced its commitment to the South Korean ...; KO YONG-CHUL Reporter 2025.02.17

South Korea Launches Comprehensive Battery Management System for Electric Vehicles: Seoul, South Korea – This month, South Korea introduced a comprehensive "Battery Lifecycle Management System" for electric v ...; Yim Kwangsoo Correspondent 2025.02.17

Korean Convenience Store Giants Face Profitability Crisis Amidst Expansion Race: SEOUL – South Korea's convenience store industry is facing a reckoning after years of aggressive expansion. The sector enjoy ...; Desk 2025.02.17

Newborn Special Loan Favors High-Income Households, Missing Policy Goals: A loan program designed to combat low birth rates by offering preferential terms to families with newborns is being disproportiona ...; Global Economic Times Reporter 2025.02.17

South Korean Small Businesses Struggle with Debt Amidst Economic Downturn: Seoul - A recent report by Korea Credit Data reveals that approximately 1 in 10 small businesses in South Korea that had taken out ...; Hwang Sujin Reporter 2025.02.17

Fermented Skate to be Designated as Traditional Seafood, Paving the Way for Global Market Entry: Korean Traditional Food Set for International Expansion with Government SupportBucheon, South Korea – The Korean traditional ...; Yim Kwangsoo Correspondent 2025.02.17

Financial Watchdog Urges Consumers to Understand the Fine Print of Mobile Phone Insurance: SEOUL – The Financial Supervisory Service (FSS) has issued an advisory to consumers, emphasizing the importance of fully und ...; Hwang Sujin Reporter 2025.02.17

Apartments Dominate South Korea's Housing Market, Reaching Record High in 2023: Apartments accounted for 77% of all housing transactions in South Korea last year, the highest proportion ever recorded. This indi ...; Desk 2025.02.17

Big Tech Companies Join the Humanoid Robot Race, Expanding the Market: The humanoid robot market, considered a next-generation artificial intelligence (AI) trend, is growing as big tech companies join ...; KO YONG-CHUL Reporter 2025.02.17

South Korean Self-Employed Workers Face Debt Crisis Amidst High Interest Rates and Economic Slump: SEOUL – South Korea is facing a growing crisis among its self-employed population as rising interest rates and a prolonged e ...; Desk 2025.02.17

Seoul Apartment Prices Dip Below ₩40 Million per 3.3㎡ for First Time in Five Months: SEOUL – Seoul's once-booming apartment market is showing signs of cooling, with average prices dipping below ₩40 million per ...; Min Gyu Mi Reporter 2025.02.17

Persona AI Spotlighted Amidst 'Deepseek Shock' from China: Persona AI, a South Korean AI company, is gaining attention amidst the 'Deepseek Shock' originating from China. The company has wo ...; ONLINE TEAM 2025.02.17

Gold Rush in South Korea as Prices Skyrocket Amid Global Uncertainty: South Korea is experiencing an unprecedented surge in gold bar sales this month, with figures already shattering previous records. ...; Desk 2025.02.17

U.S. LNG Imports Emerge as Key Bargaining Chip Amidst Trump's Trade Pressure: As U.S. President Donald Trump's trade pressure intensifies, importing U.S. liquefied natural gas (LNG) has emerged as a key barga ...; Graciela Maria Reporter 2025.02.17

Manufacturing Jobs in South Korea Hit 12-Year Low, Youth Unemployment on the Rise: South Korea's manufacturing sector is facing a deepening crisis as the number of workers in the industry has fallen for seven cons ...; Desk 2025.02.17

Whale Feces: A Vital Fertilizer for Marine Ecosystems: A recent study conducted by researchers at the University of Washington has revealed that whale feces contain iron and copper, whi ...; Sharon Yoon Correspondent 2025.02.16

Eyeglass-shaped hearing aid to be released in the US market in the first quarter of 2025: Good news for people with hearing impairments who have hesitated to wear traditional hearing aids due to discomfort and the attent ...; Hwang Sujin Reporter 2025.02.16

Seoul vs Jeonbuk: Heated Competition for 2036 Summer Olympics: The race to host the 2036 Summer Olympics is heating up in South Korea. Seoul and North Jeolla Province are fiercely competing to ...; KO YONG-CHUL Reporter 2025.02.16

Korean Oil Refiners Poised for Gains Amidst LNG Price Surge: Seoul - The recent surge in global liquefied natural gas (LNG) prices is expected to drive up demand for oil, a key substitute, cr ...; Desk 2025.02.16