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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World Bank President to Make First Visit to Paraguay in April for Economic Cooperation Talks: ASUNCIÓN, Paraguay – World Bank Group President Ajay Banga is scheduled to make his first official visit to Paraguay ...; ONLINE TEAM 2025.03.26

Unusual Weather Patterns Drive Up Agricultural Prices, Threatening Food Inflation: The recent surge in unusual weather patterns, including heavy snowfall in March, is driving up agricultural prices and raising con ...; Hwang Sujin Reporter 2025.03.25

Paraguay Sees Rise in Economic Freedom Index... Ranks 11th in South America, 59th Worldwide: Paraguay scored 65.2 points in the 2025 Economic Freedom Index (ILE), ranking 59th globally and 11th among 32 South American count ...; KO YONG-CHUL Reporter 2025.03.24

Paraguay Concerned About Increased Public Debt Burden Due to Strong Dollar... "No Immediate Risk": Concerns have been raised that Paraguay's public debt repayment burden is increasing as its currency, the Guarani, weakens against ...; Graciela Maria Reporter 2025.03.24

Australians Cut Back on Impulse Buys at Petrol Stations as Living Costs Bite: SYDNEY - Australian motorists are increasingly forgoing impulse purchases at petrol stations as cost-of-living pressures force a c ...; Eugenio Rodolfo Sanabria Reporter 2025.03.23

OB Beer Announces Beer Price Hike Amidst Rising Costs: SEOUL – OB Beer, South Korea's leading brewer, has announced that it will increase the factory release prices of its major b ...; Desk 2025.03.21

Paraguayan Small Business Owners See Only 10% Legal Compliance Rate: Low Formalization Hinders Economic Growth and Sustainability: ASUNCIÓN, Paraguay – According to a recent announcement by the Paraguayan Ministry of Industry and Commerce (MIC), on ...; Desk 2025.03.21

Easing the Burden on Small Shops: BCP Decides to Gradually Reduce Card Fees: Final Reduction to 3% for Credit Cards and 2% for Debit Cards from July 2026: Asunción, Paraguay - The Central Bank of Paraguay (BCP) has decided to gradually reduce the fees that shops must pay for cr ...; Desk 2025.03.21

Paraguay Grapples with Persistent U.S. Dollar Surge: Asunción, Paraguay – Paraguay is facing a persistent surge in the U.S. dollar, posing economic challenges despite the ...; Global Economic Times Reporter 2025.03.20

South Korea's Total National Debt Exceeds 6,200 Trillion Won, Government Debt Shows Sharpest Increase: Seoul, South Korea – South Korea's total national debt has exceeded 6,200 trillion won, with government debt showing the mos ...; Yim Kwangsoo Correspondent 2025.03.20

Argentina's IMF Deal in Limbo, Market Uncertainty Mounts: Buenos Aires, Argentina – Just two weeks after declaring a finalized agreement with the International Monetary Fund (IMF), A ...; ONLINE TEAM 2025.03.19

Brazil Abolishes Import Tariffs on 11 Essential Food Items to Combat Inflation: Brasília, Brazil – In a strategic move to tackle rising living costs and curb inflation, the Brazilian government has ...; KO YONG-CHUL Reporter 2025.03.19

Global Inflation Drives Up Domestic Prices in South Korea, Study Finds: A recent analysis by the Korea Institute for International Economic Policy (KIEP) reveals that a 1% rise in global prices leads to ...; ONLINE TEAM 2025.03.18

Singapore's February Exports Rebound, Shrugging Off Lunar New Year Effects; Gold Demand Surges: Singapore – Singapore's core exports rebounded in February, shaking off the contraction seen during the Lunar New Year perio ...; Ana Fernanda Reporter 2025.03.18

Paraguay Seeks Diversification to Move Away from Agricultural Dependence: The Paraguayan economy is highly dependent on agricultural production. According to Waldo Gonzalez, an economic expert at Basa Cap ...; Eugenio Rodolfo Sanabria Reporter 2025.03.18

Paraguay's Economy: Warnings of an Unstable Future... Exposing Risks to Investors: In a recent report submitted to investors ahead of a bond issuance on the New York Stock Exchange, Paraguay's Ministry of Economy ...; Desk 2025.03.18

Paraguay: Sharp Rise in Prices of Essential Goods, Increasing Burden on Consumers: In Paraguayan local markets, the prices of essential goods such as tomatoes, eggs, and cheese have risen sharply in just one week, ...; Ana Fernanda Reporter 2025.03.18

Saudi Arabia's Credit Rating Upgraded, But Payment Concerns Persist: Dubai – Standard and Poor's (S&P) has upgraded Saudi Arabia's credit rating, citing the Kingdom's progress in diversifyi ...; Eugenio Rodolfo Sanabria Reporter 2025.03.18

UK Economy Unexpectedly Contracts in January, Raising Concerns Ahead of Spring Statement: LONDON – The UK economy experienced an unexpected 0.1% month-on-month contraction in January, according to official figures ...; Eugenio Rodolfo Sanabria Reporter 2025.03.17

South Korean Food Industry Hikes Prices Amidst Political Uncertainty: As South Korea anticipates the presidential impeachment ruling of Yoon Suk-yeol as early as next week, the nation’s food ind ...; Desk 2025.03.15