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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South Korea Boosts Support for Small Businesses in 2025: Seoul, South Korea – The South Korean government is set to introduce a series of measures aimed at bolstering the nation's s ...; Desk 2024.12.31

Com2us' 'Com:On 2024' Contest Draws Over 250 Entries: Seoul, South Korea – January 31, 2025 – Com2us, a leading global game company, announced today that its inaugural glob ...; Hwang Sujin Reporter 2024.12.31

South Korea Faces Scrutiny Over Airport Bird Strike Prevention: A recent plane crash at Muan International Airport in South Korea, attributed to a bird strike, has highlighted significant gaps i ...; KO YONG-CHUL Reporter 2024.12.31

Incheon City Finalizes Administrative Boundary Adjustment Between Michuhol-gu and Yeonsu-gu: Incheon, South Korea – Incheon City announced on December 31st that it had reached a final agreement on the adjustment of ad ...; KO YONG-CHUL Reporter 2024.12.31

Paju City to Construct Gongneung Riverside Plaza: Paju City announced on December 31st that it will invest 800 million won in special adjustment grants from Gyeonggi-do Province to ...; KO YONG-CHUL Reporter 2024.12.31

Climate Disasters Cause $229 Billion in Damages, Killing 2,000 in 2024: A new report from Christian Aid has revealed that 10 major climate disasters, including hurricanes and floods, caused $229 billion ...; Desk 2024.12.31

Bitcoin Stumbles at Year-End Despite Brief Rally: Seoul, South Korea – Bitcoin, the world's largest cryptocurrency, experienced a slight rebound on the last trading day of th ...; Global Economic Times Reporter 2024.12.31

South Korea to Expand Mobile ID and Social Contribution Programs: Seoul, South Korea – South Korea is set to introduce several new policies aimed at improving the lives of its citizens. Star ...; Hwang Sujin Reporter 2024.12.31

South Korean Ship Capsizes, Killing One and Leaving Four Missing: Seosan, South Korea – A tragic maritime accident occurred on December 30, 2024, when the 83-ton ship, "Seohaeho," capsized n ...; HONG MOON HWA Senior Reporter 2024.12.31

Rotary Korea Shines with Service in 2024, Spreading Hope Worldwide: Rotary Korea has announced its extensive domestic and international service activities conducted throughout 2024, underscoring the ...; HONG MOON HWA Senior Reporter 2024.12.30

Truck Drivers Stage Sit-In Protest at Seobuwon Ochang Mega Hub: Ochang, South Korea – A group of truck drivers employed at Seobuwon Ochang Mega Hub launched a sit-in protest early Wednesda ...; HONG MOON HWA Senior Reporter 2024.12.30

South Korea Passes Bill to Reintroduce Consolidated TV License Fee Collection: Seoul, South Korea – The National Assembly of South Korea has passed a revised Broadcasting Act that will reinstate the cons ...; Desk 2024.12.30

Tesla Korea's Advancements in Self-Driving Technology Spark Industry Excitement: Seoul, South Korea – Tesla Korea has made significant strides in advancing its self-driving technology, with the recent over ...; Eugenio Rodolfo Sanabria Reporter 2024.12.30

Pangyo Techno Valley Sees Significant Growth, Led by IT Startups: Pangyo, South Korea – The Gyeonggi Province announced the results of a comprehensive survey on the Pangyo Techno Valley, rev ...; Global Economic Times Reporter 2024.12.30

South Korea to Slash Rice Production Amidst Oversupply: Seoul, South Korea – The South Korean government has announced a significant reduction in rice cultivation to address the pe ...; ONLINE TEAM 2024.12.30

Jeju Air Flight Diverts Again Due to Landing Gear Issue: SEOUL, South Korea – A Jeju Air flight bound for Jeju Island was forced to turn back on Tuesday morning due to a landing gea ...; Desk 2024.12.30

179 Killed in Jeju Air Crash, Identification Process Nears Completion: MuAn, South Korea – Two days after a devastating plane crash claimed 179 lives, authorities in South Korea are racing to ide ...; Desk 2024.12.30

Aekyung Group CEO Apologizes for Jeju Air Crash: MuAn, South Korea – Aekyung Group Chairman Jang Young-shin has issued a public apology following a fatal plane crash involvi ...; Desk 2024.12.30

Ulsan Coast Guard Busts Illegal Deep-Sea Fishing Operation: Ulsan, South Korea – The Ulsan Coast Guard announced on Tuesday that it had apprehended 10 individuals, including boat owner ...; JEONG CHAN MYEONG Senior Reporter 2024.12.29

Ulsan Pet Owners Face Continued Uncertainty as Veterinary Clinics Ignore Pricing Laws: Ulsan, South Korea – Despite a South Korean law mandating that veterinary clinics display estimated prices for major treatme ...; Hwang Sujin Reporter 2024.12.29