Global Economic Times

2025.10.29 (Wed)
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South Korea's Noodle Love: Second Globally in Instant Ramen Consumption

SEOUL, South Korea — South Koreans’ deep affection for instant ramen is well-documented, but a recent report confirms the nation’s standing as a global giant in noodle consumption. D
Kevin Kim Named US Chargé d’Affaires in Seoul, Focus on Alliance and APEC

Seoul, South Korea—The U.S. Embassy in Seoul formally announced on Monday, October 27, 2025, the appointment of Kevin Kim as chargé d'affaires ad interim, succeeding Joseph Yun. The K

South Korea and Cambodia Launch Joint Task Force to Combat Scams

Kuala Lumpur, Malaysia—South Korean President Lee Jae-myung and Cambodian Prime Minister Hun Manet held a summit in Kuala Lumpur, Malaysia, on October 27, agreeing to establish a 'Korea Task

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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

Mincetur Joins "Zero Plastic 2040 Campaign" to Champion Coastal Preservation: The Ministry of Foreign Trade and Tourism (Mincetur) has proudly announced its partnership with the "Zero Plastic 2040 Campaign," ...; Pedro Espinola Special Correspondent 2025.02.14

Spain to Ban Commercial Calls from Mobile Numbers in 2025: Madrid, Spain – The Spanish government has finalized a ministerial order outlining its plan to combat phone and SMS scams. A ...; Graciela Maria Reporter 2025.02.14

Grupo Roble Announces Major Investment in El Salvador's Development: Grupo Roble, a leading conglomerate in El Salvador, has unveiled a substantial investment of $730 million in a series of new proje ...; Eugenio Rodolfo Sanabria Reporter 2025.02.14

Opposition Defaces Historic Center of San Salvador in Protest of Mining Law: San Salvador, El Salvador – Tensions surrounding the recently passed General Law of Metallic Mining in El Salvador escalated ...; Ana Fernanda Reporter 2025.02.14

El Salvador and UAE Explore Cultural Exchange to Strengthen Ties: San Salvador, El Salvador – Félix Ulloa, the Vice President of El Salvador, recently met with Salem bin Khalid Al Qas ...; Ana Fernanda Reporter 2025.02.14

Zanzibar's Sauti za Busara Festival Promises Electrifying 22nd Edition: ZANZIBAR – Preparations are in full swing for the 22nd Sauti za Busara Festival, set to ignite Zanzibar's music scene from t ...; Hee Chan Kim Reporter 2025.02.14

UAE and Tony Elumelu Foundation Partner to Empower 1,000 Young African Entrepreneurs: DUBAI, UAE – The Tony Elumelu Foundation (TEF), a leading philanthropy dedicated to empowering young African entrepreneurs, ...; Hee Chan Kim Reporter 2025.02.14