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