Global Economic Times

2026.09.05 (Sat)
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NAND Market Surges 70%... 'Samsung and Hynix' Sweep Global 1st and 2nd Places

The global NAND flash market showed a steep growth trend, surging 70% compared to the previous quarter, with Samsung Electronics and SK Hynix maintaining their positions side-by-side as the world'
Youth Employment Subsidies Up to 18M KRW… Self-Employed to Receive 1.5M KRW Childcare Allowances

Starting next year, eligibility for the Youth Job Leap Incentive will expand to include young job seekers in the capital region, while direct incentives paid to employed youth will jump from a maximum

South Korea Unveils Record 821 Trillion Won Budget for 2027

The South Korean government has finalized its draft budget for 2027, setting a record-high total expenditure of 820.9 trillion won (approximately $600 billion). Driven by a massive super-boom in the s

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Overseas Securities Trading Volume Slightly Down in H1 2025, but Holdings Soar: During the first half of this year, Korean investors' overseas securities trading volume slightly decreased compared to the second ...; Eugenio Rodolfo Sanabria Reporter 2025.07.14

Lee Jae-myung, President of South Korea, stated, "Consumption coupons will bring warmth to alleyway commercial areas," promoting public participation in dining out and focusing on people's livelihoods.: On July 12, 2025, President Lee Jae-myung strongly urged the public to dine out to stimulate the stagnant domestic economy, expres ...; Hwang Sujin Reporter 2025.07.12

South Korea's Land Ownership Status: 4 in 10 People Are Landowners, Intensified Concentration Among the Elderly: As of the end of 2024, approximately four out of ten South Koreans own land. Notably, over 65% of land owners are aged 60 or above ...; Hee Chan Kim Reporter 2025.07.11

Romualdez Files Bill to Amend Bank Secrecy Law to Combat Financial Crimes: House Majority Leader Martin Romualdez (Leyte 1st District) has filed House Bill No. 7, seeking to amend the Bank Secrecy Law to e ...; Ana Fernanda Reporter 2025.07.10

Bucheon City Fully Activates "Livelihood Recovery Consumption Coupon Task Force" to Boost Local Economy: Active utilization of Bucheon-style basic care models, including "Onmaum AI Welfare Call" guidance for vulnerable groups Bucheon ...; Hwang Sujin Reporter 2025.07.09

South Korea Relaunches High-Efficiency Appliance Rebate Program: Seoul, South Korea – The South Korean government has announced the immediate resumption of its "Top Efficiency Home Applianc ...; Hwang Sujin Reporter 2025.07.06

Global Food Prices Edge Up in June, Driven by Oils, Meat, and Dairy: ROME – The global food price index witnessed a modest increase in June, climbing by 0.5% to 128.0 points, as reported by the ...; Desk 2025.07.05

South Korea Launches Nationwide Consumption Coupon Program to Boost Economy: Seoul, South Korea – The South Korean government has announced the first phase of its ambitious "People's Livelihood Recover ...; Hwang Sujin Reporter 2025.07.05

Philippines Misses Upper-Middle Income Status: Vows Further Efforts to Achieve Goal: MANILA, Philippines – The Philippines remains classified as a lower-middle-income country, according to the World Bank's 202 ...; Ana Fernanda Reporter 2025.07.04

Bitstamp Accelerates Asia Market Expansion with Singapore MAS License Acquisition: Bitstamp, a leading global cryptocurrency exchange, has achieved a significant milestone in its Asia-Pacific (APAC) expansion stra ...; Desk 2025.07.04

Asunción City's Tax Revenue Jumps 40% After Publishing Delinquent Taxpayers List: ASUNCIÓN, PARAGUAY – Asunción City Hall has achieved a remarkable 40% increase in tax revenue compared to the ...; Graciela Maria Reporter 2025.07.04

Securities Firms Increase Fees Following New VAT Law Implementation: Vietnamese securities firms have increased various customer service fees starting July 1, following the implementation of a new Va ...; Hwang Sujin Reporter 2025.07.04

Vietnam's Economy Exceeds Expectations: H1 GDP Growth Reaches 7.31%: Vietnam's economy has shown strong growth in the first half of this year, surpassing expectations, with GDP growth projected to be ...; KO YONG-CHUL Reporter 2025.07.04

Paraguay's Tax Revenue Continues Growth, Up $251.6 Million in First Half: The Paraguayan National Directorate of Tax Revenue (DNIT) announced a significant increase in tax revenue for June 2025 compared t ...; Eugenio Rodolfo Sanabria Reporter 2025.07.02

Trump's Post-Inauguration US Tariff Revenue Exceeds $100 Billion, Economic Ripple Effects Noted: Since Donald Trump's inauguration as president, US tariff revenue has significantly increased, surpassing $100 billion. According ...; Desk 2025.07.01

IMF Approves $285 Million in Support for Paraguay, Recognizing Stable Economic Growth and Reform Efforts: WASHINGTON, D.C. – The International Monetary Fund (IMF) announced on June 27 (local time) the completion of its fifth revie ...; Hwang Sujin Reporter 2025.07.01

Paraguay's National Payment System Law: Market Opening and Consumer Benefit Prospects: Asuncion, Paraguay – June 29, 2025 – Paraguayan President Santiago Peña has signed the controversial National P ...; Eugenio Rodolfo Sanabria Reporter 2025.06.30

"Income Tax-Free" Tampa, Florida, Emerges as Optimal U.S. City for Foreign Corporate Investment: Tampa, Florida, has captured the attention of the global business community by being selected as the best U.S. major metropolitan ...; Pedro Espinola Special Correspondent 2025.06.27

Texas Enacts Foreign Real Estate Ownership Ban, Fueling "Anti-China Sentiment" Controversy: A new law in Texas, restricting real estate purchases by foreign nationals from specific countries, is causing a significant stir. ...; Global Economic Times Reporter 2025.06.27

Texas Strengthens Response to Virtual Asset Crimes: Seizure Law Effective September 1: Texas will fully implement a bill on September 1, 2025, that significantly strengthens oversight of crimes involving virtual asset ...; Global Economic Times Reporter 2025.06.27