Global Economic Times

2025.10.22 (Wed)
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South Korea's Per Capita GDP Slump: Taiwan Expected to Overtake for the First Time in 22 Years

SEOUL—South Korea's economic standing is facing a potential setback as the International Monetary Fund (IMF) projects a significant drop in its per capita Gross Domestic Product (GDP) rankin
South Korea 'Trapped': OECD Shock as Tax Revenue Plummets

SEOUL—South Korea faces a dire economic warning, with its ratio of tax revenue to Gross Domestic Product (GDP) plummeting to 17.6% in 2024, ranking it 30th out of 38 OECD member nations. This fi

Samsung Heiresses to Sell $1.3 Billion Worth of Samsung Electronics Shares for Inheritance Tax

SEOUL – The controlling family of Samsung Group is set to dispose of a massive block of Samsung Electronics shares, valued at approximately $1.3 billion, to fund the payment of inheritance taxes

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Wage Growth Lags Behind Soaring Inflation, Widening Income Disparity in South Korea

Hwang Sujin Reporter / 2025.01.31
Soaring Food Prices Drive Inflation in South Korea

Global Economic Times Reporter / 2025.01.31
Surge in One-Person Media Creators, Top Earners Rake in Billions

Hwang Sujin Reporter / 2025.01.31
Financial Instability Index Soars Amid Political Uncertainty

Desk / 2025.01.31
S. Korean Government Rethinking Levy Abolition Spree Amidst Revenue Shortfalls

ONLINE TEAM / 2025.01.31
Argentina and IMF Nearing Deal, Wall Street Optimistic

Eugenio Rodolfo Sanabria Reporter / 2025.01.30
Seoul Subway Fares to Increase by 150 Won in March

KO YONG-CHUL Reporter / 2025.01.30
South Korean Food and Franchise Industry Revamps to Stimulate Stagnant Domestic Market

ONLINE TEAM / 2025.01.30
South Korea's Economy Stumbles Amid Political Turmoil and High Interest Rates

KO YONG-CHUL Reporter / 2025.01.29
Japan's Consumer Sentiment Sours Amid Rising Prices

Global Economic Times Reporter / 2025.01.29
Daejeon City Takes Action to Stabilize Prices and Boost Traditional Markets

HONG MOON HWA Senior Reporter / 2025.01.27
South Korean Companies Offer Mixed Performance Bonuses Amidst Industry Fluctuations

Global Economic Times Reporter / 2025.01.26
South Korea's National Pension System Faces Sustainability Concerns as Younger Generations Face Lower Retirement Benefits

ONLINE TEAM / 2025.01.26
South Korea Unveils Measures to Revitalize Stagnant Construction Industry

Global Economic Times Reporter / 2025.01.26
IMF Chief Warns of Lingering Inflation Despite Economic Growth

Yim Kwangsoo Correspondent / 2025.01.25
Peruvians with Higher Incomes Can Now Deduct More from Taxes

Pedro Espinola Special Correspondent / 2025.01.22
LH to Fast-Track Public Housing Projects Amidst Economic Downturn

Desk / 2025.01.20
Jeonju International Film Festival to Boost Local Economy and Small Businesses

Hwang Sujin Reporter / 2025.01.16
Bank of Korea Holds Rates Amidst Political Turmoil and Economic Uncertainty

Global Economic Times Reporter / 2025.01.16
South Korea's Housing Market Faces Steep Decline Amidst Economic Uncertainty

Global Economic Times Reporter / 2025.01.16