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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Central Bank of Libya Launches Financial Literacy Campaign to Boost "One Pay" Usage: Pedro Espinola Special Correspondent; 2025.01.01

Soaring Exchange Rates Exacerbate South Korea's Energy Crisis: Desk; 2025.01.01

Jeonbuk Province Faces Double-Digit Export Decline Amid Global Economic Slowdown: Desk; 2025.01.01

South Korea Extends Debt Relief Measures for Vulnerable Groups: Hwang Sujin Reporter; 2025.01.01

Gangnam District, Seoul, Unveils 2025 Budget Focused on Sustainable Growth: Global Economic Times Reporter; 2024.12.31

South Korea's Inflation Reaches a Four-Year Low, But Food Prices Soar: KO YONG-CHUL Reporter; 2024.12.31

Seoul Studio Apartment Rents and Deposits Dip Slightly in November: Global Economic Times Reporter; 2024.12.30

South Korea's Big Five Banks Slash Deposit Rates Amid Central Bank Easing: Desk; 2024.12.30

Soaring Dollar Deals Blow to South Korea's SMEs: Hwang Sujin Reporter; 2024.12.30

South Korean Won Slides to 15-Year Low as Political Uncertainty Deepens: Hwang Sujin Reporter; 2024.12.30

Soaring Fuel Prices in South Korea Despite Stable International Oil Prices: Global Economic Times Reporter; 2024.12.29

Jeju Economic Awards Honors Top Businesses: Desk; 2024.12.28

Philippine Inflation Expected to Remain Low in December: Graciela Maria Reporter; 2024.12.26

Soaring Dollar and Natural Gas Prices Fuel Inflation Fears in South Korea: Hwang Sujin Reporter; 2024.12.26

Egg Prices Soar in South Korea, Government Prepares Subsidies: Hwang Sujin Reporter; 2024.12.26

Bank of Korea Signals Further Interest Rate Cuts Amid Economic Uncertainty: Global Economic Times Reporter; 2024.12.26

Peruvian Economy Minister Hints at Minimum Wage Hike Before New Year: Graciela Maria Reporter; 2024.12.24

South Korea's Wealth Gap Widens as Ultra-High-Net-Worth Individuals Surge: Desk; 2024.12.22

Peru's Central Bank Raises 2024 Growth Forecast: Desk; 2024.12.22

Bank of Korea Vows to Stabilize Markets Amidst Rising Volatility: KO YONG-CHUL Reporter; 2024.12.19