Global Economic Times

2026.03.07 (Sat)
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Governor Kim Tae-heum Envisions "Cheonan-Asan Dome" Through Benchmarking of Singapore Sports Hub

SINGAPORE — In a strategic move to redefine South Korea’s sports and cultural infrastructure, Governor Kim Tae-heum of Chungcheongnam-do (Chungnam) visited the world-renowned Singapore Spo
Airbnb Boosts Jeju’s ‘Halmang’ Stays and Local Empowerment with $230,000 Community Fund

JEJU ISLAND – In a significant move to foster local empowerment and sustainable tourism, Airbnb has announced the allocation of its annual Community Fund to three South Korean organizations. The

Samlip Wins Two Main Awards at the iF Design Award 2026

SEOUL, South Korea — Samlip, the leading South Korean food and beverage company, announced on March 6th that it has secured two "Winner" titles at the prestigious iF Design Award 202

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Trump Targets South Korea with All-Around Pressure: Tariffs, Investments, and Increased Defense Cost Sharing Possible: President Donald Trump's designation of South Korea as an "ally that harms the United States" has heightened tensions in the U.S.- ...; Desk 2025.03.06

Six Out of Ten Seoul Citizens Favor Raising Subway Free Ride Age to 70: A recent survey reveals that six out of ten Seoul citizens support raising the age limit for free subway rides, currently set at 6 ...; Hwang Sujin Reporter 2025.03.05

South Korea's Tourism Deficit Exceeds $10 Billion Amidst Recovery: South Korea's tourism balance deficit has surpassed $10 billion last year, indicating a severe deterioration. Despite the rapid in ...; Global Economic Times Reporter 2025.03.05

KHNP Achieves Asia's First Nuclear Green Bond Issuance: Korea Hydro & Nuclear Power Co. (KHNP) announced on the 5th that it has successfully issued Asia's first nuclear green bond. T ...; Global Economic Times Reporter 2025.03.05

South Korea Shifts Livestock Disease Control to Local and Private Sectors, Expands AI-Driven Prevention: The South Korean government has announced a 'Mid-to-Long-Term Livestock Disease Control Development Plan,' shifting the livestock ...; Global Economic Times Reporter 2025.03.05

Hyundai Marine & Fire Insurance Expands AI Voice Guidance System for Auto Claims: Hyundai Marine & Fire Insurance (001450) announced on the 5th that it has expanded the application of its 'Auto Claims AI Voic ...; Desk 2025.03.05

Lotte Non-Life Insurance's 'wonder' Wins Winner Award at 2024 A.N.D. Award: Lotte Non-Life Insurance (000400) announced on the 5th that its sales support platform 'wonder' won the Winner Award in the Securi ...; Hwang Sujin Reporter 2025.03.05

Kyobo Life Insurance Wins 2024 AND Award for Web Drama 'Neighbors in a Narrow Space': Kyobo Life Insurance has been awarded the Winner Award in the large enterprise category of the Digital Advertising and Campaign di ...; Hwang Sujin Reporter 2025.03.05

BNK Busan Bank Revamps Lotte Giants-Linked Deposit Products After 18 Years: BNK Busan Bank announced on the 5th that it will revamp its regular deposit and savings products that offer preferential interest ...; Yim Kwangsoo Correspondent 2025.03.05

Financial Authorities Launch Joint Task Force to Combat New Money Laundering Techniques, Conduct Full Investigation of Saemaul Geumgo: Financial authorities are establishing a joint task force (TF) with the financial sector to proactively address emerging money lau ...; Hwang Sujin Reporter 2025.03.05

Insurance Fraud Involving Agents on the Rise; Financial Authorities Vow Strong Response: Financial authorities are taking strong measures as the amount of insurance fraud involving insurance agents increased by nearly 2 ...; Hwang Sujin Reporter 2025.03.05

Financial Supervisory Service Urges Second-Tier Financial Institutions to Swiftly Resolve Non-Performing Assets and Ensure Stable Funding for Vulnerable Groups: The Financial Supervisory Service (FSS) has called on second-tier financial institutions to expedite the resolution of non-perform ...; Desk 2025.03.05

KRW/USD Exchange Rate Surpasses 1,460 Amidst Trump's Tariff Remarks, Limited by Risk-On Sentiment: The KRW/USD exchange rate surpassed 1,460 during trading on the 5th due to U.S. President Donald Trump's tariff remarks, but the u ...; KO YONG-CHUL Reporter 2025.03.05

GS E&C’s ‘BEYOND A.’ Magazine Wins Double at iF Design Award 2025: GS E&C’s Xi brand magazine, ‘BEYOND A.,’ has been honored with two Winner awards at the prestigious iF Desig ...; Desk 2025.03.05

Seoul Pioneers 'Three-Dimensional Parks' to Combat Urban Green Space Scarcity: SEOUL, South Korea – In a groundbreaking initiative to address the growing scarcity of urban green spaces, the Seoul Metropo ...; KO YONG-CHUL Reporter 2025.03.05

'Food Addiction' in Children and Adolescents Threatens Mental Health Beyond Obesity: A study has revealed that children and adolescents addicted to 'food addiction,' who compulsively consume specific foods regardles ...; Eugenio Rodolfo Sanabria Reporter 2025.03.04

Global Obesity Crisis: 60% of Adults, 30% of Children Projected to be Overweight or Obese by 2050: A groundbreaking study led by Dr. Jessica Kerr of the Murdoch Children's Research Institute in Australia has revealed that by 2050 ...; Graciela Maria Reporter 2025.03.04

MSD Files for FDA Approval of Subcutaneous Keytruda, in Landmark Partnership with Alteogen: Pharmaceutical giant MSD has taken a significant step in advancing patient care by submitting a Biologics License Application (BLA ...; Ana Fernanda Reporter 2025.03.04

Korea Contribution Awards Organizing Committee Opens Call for Nominations for the 7th Korea Contribution Awards: The Korea Contribution Awards Organizing Committee (Co-Chairmen: Moon Joo-hyun, Chairman of MDM Group, and Lee Chi-soo, Chairman o ...; Global Economic Times Reporter 2025.03.04

Hanwha Life Opens AI Contact Center (AICC) to Enhance Customer Service: Hanwha Life has launched its Artificial Intelligence Contact Center (AICC), an AI-powered call center, to innovate customer servic ...; Hwang Sujin Reporter 2025.03.04