Global Economic Times

2026.04.21 (Tue)
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Woori Bank Tightens Reins on Dormant Corporate Accounts to Combat Financial Fraud

SEOUL – Woori Bank, one of South Korea’s leading commercial lenders, has announced a sweeping crackdown on financial fraud by imposing strict withdrawal limits on accounts held by suspende
K-Defense Takes on Latin American Market: Pan-Government Delegation Dispatched

The pan-government and public-private defense cooperation delegation, led by the Ministry of Foreign Affairs and the Defense Acquisition Program Administration (DAPA), announced that they visited Chil

South Korea Enters the Era of '100 AI Medical Devices Annually': Advancing into High-Complexity Clinical Fields

SEOUL – South Korea’s medical artificial intelligence (AI) sector has reached a significant turning point, with more than 100 new AI-based medical devices being approved annually. Once lim

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Gyeongju City Honors 10 "Best Friendly Restaurants" for First Half of 2025, Bolstering APEC Readiness: Gyeongju City, South Korea – Gyeongju City has announced its selection of 10 "Best Friendly Restaurants" for the first half ...; Hwang Sujin Reporter 2025.06.16

Ulsan City Opens Call for 2025 Exemplary Apartment Complex Nominations: ULSAN, South Korea – Ulsan Metropolitan City, under the leadership of Mayor Kim Doo-gyeom, has announced the commencement of ...; Hwang Sujin Reporter 2025.06.16

Ulsan City and Hexicon Forge Strategic Alliance for Floating Offshore Wind Power: ULSAN, South Korea – Ulsan City and Hexicon, a leading Swedish floating offshore wind developer, have pledged to establish a ...; KO YONG-CHUL Reporter 2025.06.16

Ulsan City Forges Ahead with SME Branding Initiative, Boosting Local Competitiveness: Ulsan, South Korea – Ulsan Metropolitan City announced on June 16 that it has selected 11 small and medium-sized enterprises ...; KO YONG-CHUL Reporter 2025.06.16

"Utilizing Data in Chungnam Agriculture" Preparing for a New Future: Chungnam Province is preparing for an innovative future in agriculture by leveraging data. The province announced on the 10th tha ...; HONG MOON HWA Senior Reporter 2025.06.13

Excellent Products and Services from Outstanding Social Economy Enterprises: Chungcheongnam-do Province held a "Public Procurement Expo for Social Economy Enterprises" on the 10th at the Chungnam Social Econ ...; HONG MOON HWA Senior Reporter 2025.06.13

Chungcheongnam-do and Small and Medium Business Ombudsman Join Hands to Improve Old and Unreasonable Regulations: Through this agreement, the two organizations will mutually cooperate in discovering and improving sustainable regulations and dif ...; HONG MOON HWA Senior Reporter 2025.06.13

Nighttime Owl Bus Service 'Búho' Receives Great Response, Offering Convenience and Affordability to Citizens: The nighttime "Búho" (Owl) bus service, introduced to address citizens' need for public transportation during late hours, i ...; Eugenio Rodolfo Sanabria Reporter 2025.06.13

From Fapasa to Adium: A New Chapter for Paraguay and Latin America: ASUNCIÓN, PARAGUAY – A company that began its journey 50 years ago in Paraguay as Fapasa has now undergone an innovat ...; KO YONG-CHUL Reporter 2025.06.13

Taiwan to Double Paraguay's Pork Exports, Creating Jobs: ASUNCIÓN, PARAGUAY – Paraguay is set to begin duty-free pork exports to Taiwan on July 5, marking an unprecedented op ...; Myung Sun Yim Correspondent 2025.06.13

Vehicle Registration Fees Vary by Model, Year, and Origin: Revised Law Enacted: Asunción, Paraguay – In accordance with the re-promulgated vehicle license plate law, the National Traffic and Road S ...; Eugenio Rodolfo Sanabria Reporter 2025.06.13

Singapore Airlines Announces Significant Winter 2025-26 Operations Overhaul: Major Changes for Auckland, Frankfurt, London, Seoul Routes: Singapore Airlines is undertaking an unprecedented large-scale operational overhaul for the Winter 2025-26 season. This restructur ...; Hwang Sujin Reporter 2025.06.12

Singaporean Companies Show High Preparedness for Cyber, Geopolitical, and Other Threats: A new report indicates that Singaporean companies are exhibiting significantly higher confidence in their preparedness for various ...; Pedro Espinola Special Correspondent 2025.06.12

The Collapse of China's High-End Restaurants: The Naked Truth of a Deepening Economic Crisis: In China, there's a saying, "The people regard food as their heaven" (民以食爲天), indicating that eating is not just about sustenance ...; Ana Fernanda Reporter 2025.06.12

KOTRA Paves the Way for Auto Parts Exports to India, World's 3rd Largest Automotive Market: KOTRA (President Kang Kyung-seong) announced that it will host the 'Korea-India Future Automotive Partnering Plaza' in Chennai, In ...; KO YONG-CHUL Reporter 2025.06.12

Overseas Koreans Agency and Busan City Achieve $36 Million in Export Consultations: The Overseas Koreans Agency (Administrator Lee Sang-deok) and Busan Metropolitan City (Mayor Park Hyeong-jun) achieved a performan ...; KO YONG-CHUL Reporter 2025.06.11

Paraguay Emerges as European Investment Hub… '2025 EU-Paraguay Investment Forum' to Be Held: Paraguay is preparing to emerge as a new center for European investment through the '2025 EU-Paraguay Investment Forum,' to be hel ...; Pedro Espinola Special Correspondent 2025.06.11

Pope Leo XIV's Argentina Visit Unofficially Confirmed… Announcing a Hometown Visit After 12 Years of Silence Following Meeting with President Milei: On Saturday, June 7, 2025, Pope Leo XIV received Argentine President Javier Milei at the Vatican. While ostensibly a courtesy meet ...; Hwang Sujin Reporter 2025.06.11

Argentina LNG Project: Eni Confirms FLNG Participation, Signaling Shift in South American Energy Landscape: Italian energy company Eni has officially signed an agreement with Argentine state-owned energy company YPF for the Argentina LNG ...; Yim Kwangsoo Correspondent 2025.06.11

Daejeon City Significantly Lowers Threshold for Small Business Labor Cost Support: Daejeon City announced a significant easing of application criteria for its '2025 Small Business Labor Cost Support Program' to as ...; HONG MOON HWA Senior Reporter 2025.06.10