Global Economic Times

2026.07.23 (Thu)
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FSC Slams Young Poong with Record $14.7 Million Fine Over Deliberate Accounting Fraud

SEOUL — South Korea’s financial regulator has handed down a record-breaking 20.47 billion won (approximately $14.7 million USD) fine to Young Poong Corp., a major non-ferrous metal slacker
Korean Independence Flag Raised at NYC's Waldorf Astoria Restored to Original Glory

SEOUL — A historic South Korean national flag (Taegeukgi), which bore witness to the fierce diplomatic struggle for independence on the global stage, has successfully been restored to its origin

FRAUD AT THE GATES: PROSECUTORS TAKE ON ILLEGAL APARTMENT SUBSCRIPTIONS IN DONGTAN 2 NEW TOWN

SEOUL — Four individuals who illicitly secured highly coveted apartment subscriptions in Gyeonggi Province's Dongtan 2 New Town through fraudulent residency registrations and administrative

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Nam-gu, Ulsan, promotes support for developing overseas sales channels for small and medium-sized businesses in 2024: [Global Economic Times] On the 16th, Nam-gu, Ulsan, along with 20 small and medium-sized companies, departed for Guangzhou, China ...; Global Economic Times 2024.10.17

“Long-term low-dose antiviral treatment, effective in treating shingles pain and eye disease.”: [Global Economic Times] Research has shown that long-term administration of antiviral drugs in low doses can lower the risk of dev ...; Global Economic Times 2024.10.17

Geochang-gun, 100 young people’s Stepping Stone account savings expire: [Global Economic Times] Geochang-gun announced that the savings of 100 participants in the ‘Youth Stepping Stone Account&rsq ...; Global Economic Times 2024.10.17

South Chungcheong Province improves the quality of the real estate price disclosure system: [Global Economic Times] South Chungcheong Province, Seoul City, Gyeonggi Province, and the Ministry of Land, Infrastructure and Tr ...; Global Economic Times 2024.10.17

Gwacheon City Commercial Revitalization Center Expansion and Relocation... “A new start in Knowledge Information Town”: [Global Economic Times] Gwacheon City Commercial Revitalization Center opened on the second floor of Knowledge Information Town Pr ...; Global Economic Times 2024.10.17

Daegu Culture and Arts Foundation and Exco Co., Ltd. signed a business agreement to attract international events and revitalize cultural tourism.: [Global Economic Times] Daegu Culture and Arts Promotion Agency Tourism Division signed a business agreement with EXCO Co., Ltd. t ...; Global Economic Times 2024.10.17

BHC Chicken Expands to Canada, Targets 300 North American Outlets: [GLOBAL ECONOMIC TIMES] BHC Chicken, South Korea's largest chicken franchise by sales, announced on Monday its expansion into Can ...; Global Economic Times 2024.10.17

El Gobierno planea invertir 30 billones de wones en tecnologías avanzadas durante los 5 próximos años: [GLOBAL ECONOMIC TIMES] El Gobierno surcoreano planea invertir 30 billones de wones (22.600 millones de dólares) en la int ...; Global Economic Times 2024.10.17

Government decides to import Chinese cabbage to control soaring cabbage prices: [GLOBAL ECONOMIC TIMES] In order to stabilize the recently soaring prices of cabbage, the government has begun importing cabbage ...; Global Economic Times 2024.10.17

Ministry of Agriculture, Food and Rural Affairs, try powdered rice snacks at up to 50% discount: [Global Economic Times] The Ministry of Agriculture, Food and Rural Affairs will hold the ‘Powdered Rice Processed Food Disc ...; Hwang Sujin Reporter 2024.10.17

Seoul City holds competition to discover ideas for solving urban problems using drones: [Global Economic Times] The city of Seoul will hold the “7th Seoul Metropolitan Government Drone Utilization Contest” ...; Global Economic Times 2024.10.17

Hwaseong specialty rice Suhyangmi ‘Golden Queen No. 3’ variety won the Presidential Award at the Korea Excellent Variety Award: [Global Economic Times] ‘Golden Queen No. 3’, a variety of rice specializing in Hwaseong City, was selected for the Pr ...; Global Economic Times 2024.10.16

Ministry of Agriculture, Food and Rural Affairs selects new rice variety “Golden Queen No. 3” for the Presidential Award for the 20th Korea Excellent Variety Awards in 2024: [Global Economic Times] National Seed Resources (Acting Director Baek Woon-hwal) awarded Seedpia's rice 'Golden Queen 3' for the P ...; Global Economic Times 2024.10.16

Gimhae City introduces two types of craft beer ‘Tobeer’ using Jomangang green barley: [Global Economic Times] Gimhae City Agricultural Technology Center announced on the 15th that it had developed craft beer using ba ...; Global Economic Times 2024.10.15

Ministry of Agriculture, Food and Rural Affairs Quarantine Headquarters promotes special quarantine for fresh fruits and vegetables that are prohibited from being imported: [Global Economic Times] The Agriculture, Food and Rural Affairs Quarantine Headquarters is operating a special quarantine period ( ...; Global Economic Times 2024.10.13

Gyeongbuk Office of Education holds overseas training performance sharing event to enhance expertise of kindergarten, elementary, and special education teachers: [Global Economic Times] On the 28th, the Gyeongbuk Office of Education held the ‘2024 Advance Education Visit Overseas Train ...; Global Economic Times 2024.08.28

Watermelon, kimchi, and traditional liquor from Mudeung Mountain in Gwangju Metropolitan City go to Daegu International Food Fair: [Global Economic Times] Representative local agricultural products such as Mudeungsan watermelon, kimchi, and traditional liquor a ...; Global Economic Times 2024.08.28

Korea Disease Control and Prevention Agency begins surveillance for outbreaks of typhus-borne mites in the fall season: [Global Economic Times] The Korea Disease Control and Prevention Agency announced that it will begin monitoring the density of hai ...; Global Economic Times 2024.08.28

Ministry of Oceans and Fisheries, enjoy our delicious seafood at half price on Chuseok.: [Global Economic Times] In celebration of Chuseok, the Ministry of Oceans and Fisheries announced the ‘Chuseok holiday produ ...; Global Economic Times 2024.08.28

Rural Development Administration scientifically proves the ‘cognitive improvement effect’ of Korean bellflower root: [Global Economic Times] The Rural Development Administration announced that a study revealing the cognitive ability improvement ef ...; Global Economic Times 2024.08.27