Global Economic Times

2025.10.22 (Wed)
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Traffic Congestion Levy Stifles Support for Small Businesses

Seoul — The "Happy Department Store" (Haengbokhan Department Store), established by the South Korean government to support small and medium-sized enterprises (SMEs) and expand sales
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

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Google (Alphabet), which announced better-than-expected earnings, surged 5% after-hours: [GLOBAL ECONOMIC TIMES] Alphabet, Google's parent company, surged 5% in after-hours trading after reporting third-quarter earning ...; Global Economic Times Reporter 2024.10.30

“Korea Aerospace, domestic business surge and performance momentum begins now”: [GLOBAL ECONOMIC TIMES] On the 30th, DB Financial Investment maintained its buy opinion on Korea Aerospace, saying that the momen ...; Global Economic Times Reporter 2024.10.30

Baek Jong-won's The Born Korea raised KRW 12 trillion in general public offering: [GLOBAL ECONOMIC TIMES] The Bourne Korea, a restaurant franchise company led by CEO Baek Jong-won, which is seeking listing on th ...; Hwang Sujin Reporter 2024.10.30

Gwangju Bank, attracting attention to foreigners, launches a check card exclusively for foreigners: [GLOBAL ECONOMIC TIMES] Gwangju Bank has launched a check card exclusively for foreigners. Gwangju Bank announced on the 29th th ...; Hwang Sujin Reporter 2024.10.30

Shinhan Bank supports growth of global future talent: [GLOBAL ECONOMIC TIMES] Shinhan Bank held the '2024 Swith (Shinhan with) Global CSR Project' event, a global environmental, socia ...; Desk 2024.10.30

Five major financial companies with net profits exceeding KRW 16 trillion “Record performance, return to value industry“: [GLOBAL ECONOMIC TIMES] The five major financial groups posted a total net profit of over 16 trillion won through the third and f ...; ONLINE TEAM 2024.10.30

Governor of the Bank of Korea: “This year’s growth rate is likely to fall to 2.2-2.3%.”: [GLOBAL ECONOMIC TIMES] Regarding this year's growth rate, Bank of Korea Governor Lee Chang-yong said on the 29th, "I think it wi ...; Global Economic Times Reporter 2024.10.30

One out of 10 small businesses in Incheon closed last year... ‘Stigma’, the highest business closure rate in the country: [GLOBAL ECONOMIC TIMES] It was found that small business owners in the Incheon region are experiencing serious difficulties amids ...; Global Economic Times Reporter 2024.10.29

Is the won-dollar exchange rate approaching 1,400 won? Bank of Korea: “Possibility of risk aversion increasing due to escalation of war in the Middle East and US presidential election”: [GLOBAL ECONOMIC TIMES] Concerns are growing that the won-dollar exchange rate, which has soared to the 1,390 won range due to Is ...; Global Economic Times Reporter 2024.10.28

CJ Logistics and courier union begin negotiations on delivery 7 days a week... Fee battle ‘tight’: [GLOBAL ECONOMIC TIMES] CJ Logistics is engaged in a tense battle with couriers over the introduction of 7-day delivery a week ne ...; ONLINE TEAM 2024.10.28

‘Only small prices go up’ for end users who have reduced their size due to loan regulations: [GLOBAL ECONOMIC TIMES] It was found that the prices of non-apartments, such as townhouses and multi-family buildings, rose mainl ...; ONLINE TEAM 2024.10.28

A global luxury brand on the rise... Should I put it in a luxury bag instead?: [GLOBAL ECONOMIC TIMES] Luxury goods stocks have recently shown a rebound. While expectations for improved consumption capacity d ...; Desk 2024.10.28

Even if you apply for a business suitable for making a living as a small business… Takes 10 months on average: [GLOBAL ECONOMIC TIMES] It was found that when a small business organization applies for a ‘subsistence type suitable busin ...; Global Economic Times Reporter 2024.10.27

Bitcoin mining difficulty hits record high... promote price increases: [GLOBAL ECONOMIC TIMES] According to Clover Pool (formerly BTC.com) on the 25th, the Bitcoin mining difficulty was adjusted to 95 ...; Desk 2024.10.26

“32 pyeong is worth more than 1 billion won”… Now the national rating is 24 pyeong? Small apartments are popular: [GLOBAL ECONOMIC TIMES] In the subscription market, the popularity of exclusive 59㎡, which is smaller than the exclusive 84㎡, whi ...; Global Economic Times Reporter 2024.10.24

As the end of the year approaches, interest in dividend stocks increases… What stocks were swept up by foreigners and institutions?: [GLOBAL ECONOMIC TIMES] As the end of the year approaches, interest in dividend stocks increases. Foreign and institutional inves ...; Global Economic Times Reporter 2024.10.24

Ministry of Health and Welfare reviews measures to implement human resources sharing and cooperation between medical institutions: [GLOBAL ECONOMIC TIMES] The government held the 10th meeting of the ‘Medical Manpower Expert Committee’ (Chairman Seo ...; Global Economic Times 2024.10.17

‘Excellent agricultural and processed food from Chungnam’ found in Daejeon: [Global Economic Times] A sales event will be held to promote processed foods made from excellent agricultural products from the C ...; Global Economic Times 2024.10.17

Ministry of Health and Welfare discusses ways to strengthen medical cooperation system: [Global Economic Times] The government held the 10th meeting of the ‘Delivery System and Regional Medical Expert Committee ( ...; Global Economic Times 2024.10.17

Goyang City, ‘Restaurant Hygiene Rating System Designated Business’ incentive support: [Global Economic Times] Goyang Special City announced on the 17th that it will provide incentives to 624 restaurants designated by ...; Global Economic Times 2024.10.17