Global Economic Times

2026.04.22 (Wed)
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MAFRA Unveils Success in Integrated Rural Care: Synergizing Social Farming and Medical Services

Rural care in South Korea is evolving into a comprehensive model that integrates agriculture, medical care, and essential life services. The Ministry of Agriculture, Food and Rural Affairs (MAFRA) ann
Generative AI Use Triples Among Seoul Citizens, but Digital Divide Persists for Seniors

The adoption of Artificial Intelligence (AI) is rapidly spreading across Seoul, but a significant "digital divide" remains as the elderly population struggles to keep pace with the technol

60-Year-Old Man Sentenced to 27 Years in Prison for Killing Wife Immediately After Restraining Order Expired

An appellate court has upheld a heavy prison sentence for a man in his 60s who brutally murdered his wife just one week after his court-ordered restraining order expired. The ruling highlights critica

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Gyeonggi Province's 'Climate Action Opportunity Income' Program Exceeds 1 Million Subscribers: Gyeonggi Province, South Korea – The "Climate Action Opportunity Income" program, launched by Gyeonggi Province in July 2023 ...; Min Gyu Mi Reporter 2025.02.17

South Korea Launches Comprehensive Battery Management System for Electric Vehicles: Seoul, South Korea – This month, South Korea introduced a comprehensive "Battery Lifecycle Management System" for electric v ...; Yim Kwangsoo Correspondent 2025.02.17

Newborn Special Loan Favors High-Income Households, Missing Policy Goals: A loan program designed to combat low birth rates by offering preferential terms to families with newborns is being disproportiona ...; Global Economic Times Reporter 2025.02.17

South Korean Small Businesses Struggle with Debt Amidst Economic Downturn: Seoul - A recent report by Korea Credit Data reveals that approximately 1 in 10 small businesses in South Korea that had taken out ...; Hwang Sujin Reporter 2025.02.17

Whale Feces: A Vital Fertilizer for Marine Ecosystems: A recent study conducted by researchers at the University of Washington has revealed that whale feces contain iron and copper, whi ...; Sharon Yoon Correspondent 2025.02.16

Climate Change Linked to Increased Wildfire Damage: Supercomputer Analysis Reveals 14% Increase in Burned Area per 1 Degree Celsius RiseA research team from the Institute for Basic S ...; KO YONG-CHUL Reporter 2025.02.16

China's claim on Korean poet Yoon Dong-joo sparks outrage: Seoul, South Korea – February 16th marked the 80th anniversary of the death of Yoon Dong-joo, a revered Korean poet who resi ...; KO YONG-CHUL Reporter 2025.02.16

Busan Port to Enhance Competitiveness with Transhipment Monitoring System: Busan Port, the world's second largest transhipment port, will expand the application of the transhipment monitoring system to all ...; Desk 2025.02.16

Wonju City to Hold Grand Opening Ceremony for Sogeumsan Grand Valley Cable Car: Wonju City announced on the 16th that it will hold the grand opening ceremony for the Ganhyeon Tourist Site Cable Car at the Sogeu ...; Desk 2025.02.16

Gyeongsangbuk-do Supports Medical Care for Foreigners in Need: Gyeongsangbuk-do Province is launching a pilot program to provide financial assistance to foreign residents who lack access to hea ...; Desk 2025.02.16

Beyond the Basics: Exploring the Unique World of Special Pork Cuts in Korea: Korean cuisine is renowned for its delicious pork dishes, but beyond the familiar samgyeopsal (pork belly) and moksal (pork should ...; Hwang Sujin Reporter 2025.02.15

Phishing Scam Alert: Impersonating Postal Workers for Personal Information: The South Korean government has issued a warning about a recent surge in phishing scams targeting individuals by impersonating pos ...; KO YONG-CHUL Reporter 2025.02.15

Overseas Direct Purchase Fraud Soars, Driven by Social Media Ads: SEOUL – As overseas direct purchases (cross-border e-commerce) become increasingly popular, so too has the incidence of frau ...; KO YONG-CHUL Reporter 2025.02.15

Gold Bar Shortage Hits Banks Amidst Soaring Gold Prices, Leaving Jewelers in the Lurch: Busan, South Korea – The price of gold has been on a relentless climb, leading to a shortage of gold bars at some commercial ...; Yim Kwangsoo Correspondent 2025.02.15

People Power Party Apologizes for Erroneous Commentary on Constitutional Court Acting Chief Justice Moon Hyung-bae: The People Power Party (PPP) apologized on the 14th after it was confirmed that their commentary claiming Moon Hyung-bae, acting c ...; KO YONG-CHUL Reporter 2025.02.15

Yongin City to Shorten Folk Village Parking Lot Occupancy Permit Period and Promote Public Use Plan: Yongin City will shorten the occupancy permit period for the river site used by the Korean Folk Village for decades as a parking l ...; Desk 2025.02.15

LA County District Attorney Expands Korean Support Services and Cracks Down on Crime in Koreatown: Los Angeles, CA – Los Angeles County District Attorney Nathan Hochman announced on February 13, 2025, an expansion of Korean ...; PETER KO 2025.02.15

Peru's Agricultural Exports Reach Record High in 2024: Peru's agricultural exports soared to a historic $12.798 billion in 2024, marking a remarkable 21.4% increase compared to the prev ...; KO YONG-CHUL Reporter 2025.02.14

EU Reinforces Commitment to Sustainable Water and Sanitation Investment in Peru: The European Union (EU) has reaffirmed its commitment to promoting sustainable investment in Peru's water and sanitation sector. T ...; KO YONG-CHUL Reporter 2025.02.14

Mutual Fund Assets in Panama Reach Record High of $13.2 Billion: Panama City, Panama – The Superintendency of the Securities Market (SMV) has announced that the assets managed by mutual fun ...; Pedro Espinola Special Correspondent 2025.02.14