Global Economic Times

2026.01.20 (Tue)
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“$3.20 for Coffee, 15 Cents for the Cup”: New Pricing Policy Leaves Café Owners Exhausted

(C) Live and Let's Fly SEOUL — “A Cafe Latte is 4,300 won, and there is a separate 200 won charge for the cup.” Small business owners running cafes are expressing deep frustr
Trump Escalates Atlantic Tensions with ‘Greenland Tariffs’ Targeting European Allies

(C) Axios [NUKK, Greenland] – The geopolitical standoff over Greenland has spiraled into a full-blown trade war as U.S. President Donald Trump announced a series of punitive tariffs against e

SK Chairman Choi Tae-won Calls for Radical Policy Shift to Reignite Korea's "Fading Growth Engine"

(C) China Daily SEOUL – Choi Tae-won, Chairman of the Korea Chamber of Commerce and Industry (KCCI) and SK Group, has issued a stark warning regarding the structural slowdown of the South Korea

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GC Genome Accelerates Entry into UAE Non-Invasive Prenatal Testing Market with GeniFit Supply Agreement: GC Genome, a company specializing in genomic analysis, has officially entered the Middle Eastern market by signing a supply agreem ...; Ana Fernanda Reporter 2025.06.02

3-Day Investment Relations Successfully Completed with Key Local Investors in Hong Kong and Singapore… Explained Board Composition and Operation Plans, Discussed Governance Improvements: Shinhan Financial Group Chairman Yoon Jae-won visited Hong Kong and Singapore for three days starting on May 27, actively conducti ...; Hwang Sujin Reporter 2025.06.01

"The Magic of the Green Bottle" in the Philippines: Soju's Journey to Popularity on the Back of the Korean Wave: MANILA, Philippines – The Philippines is completely captivated by soju, especially Hitejinro's "Chamisul" green bottle. With ...; Kim Sungmoon Reporter 2025.06.01

South America's First Premium-Only Airline, Preparing for Takeoff in Argentina: Plans to operate only Business and Premium Economy class on long-haul international routes, including Buenos Aires to Miami. The ...; Eugenio Rodolfo Sanabria Reporter 2025.06.01

Vietnam Urges Oman to Boost Investment Fund to $1 Billion, Eyeing Strategic Sectors: Hanoi, Vietnam – Prime Minister Pham Minh Chinh recently called on Oman to significantly increase the capital of the Vietnam ...; Eugenio Rodolfo Sanabria Reporter 2025.06.01

Korean-Made DAP Fertilizer: Cadmium Levels Trigger Vietnamese Durian Export Ban to China: HANOI, Vietnam – A burgeoning international food safety scandal is unfolding as China has completely blocked imports of Viet ...; Hwang Sujin Reporter 2025.06.01

South Korea's NAAS and Switzerland's FiBL Partner for Regenerative Organic Agriculture Advancement: SUWON, SOUTH KOREA / FRICK, SWITZERLAND – The National Academy of Agricultural Science (NAAS), an affiliate of South Korea's ...; KO YONG-CHUL Reporter 2025.06.01

POSCO Establishes Core Resources Research Institute in Australia to Bolster Mineral Security and Technological Prowess: Perth, Australia – POSCO Group has inaugurated its Australia Core Resources Research Institute in Perth, a strategic move to ...; Kim Sungmoon Reporter 2025.06.01

Chungnam's K-Products Make Inroads in Australia, Bolstering Export Drive: SYDNEY, Australia – Products from Chungcheongnam-do (Chungnam) Province are making a significant impact on the global stage, ...; HONG MOON HWA Senior Reporter 2025.06.01

New Zealand Opens Doors to South Korean Doctors: A Strategy to Bolster Healthcare Workforce: Wellington, New Zealand – In a significant move to address its ongoing healthcare workforce shortages, New Zealand has strea ...; Hwang Sujin Reporter 2025.06.01

Korean Business Council in New Zealand to Boost Growth and Connectivity: Auckland, New Zealand – The Korean business community in New Zealand is setting the stage for enhanced growth and solidarity ...; Kim Sungmoon Reporter 2025.06.01

Malaysia Teams Up with Korea Expressway Corporation for 'Smart Highways' Initiative: Kuala Lumpur, Malaysia – Malaysia is embarking on an ambitious journey to develop "smart highways" across the nation, partne ...; Hee Chan Kim Reporter 2025.06.01

Yeongcheon City Holds Export Consultation in Indonesia, Signs MOU with Korean Association: Yeongcheon City, South Korea – A trade delegation from Yeongcheon City, led by Mayor Choi Ki-moon, successfully hosted an ex ...; Kim Sungmoon Reporter 2025.06.01

Busan Port Authority Promotes Digital Logistics Systems in Indonesia at Inaugural Maritime Week: Busan Port Authority (BPA) showcased its advanced digital logistics systems at the first-ever 'Indonesia Maritime Week 2025,' held ...; Yim Kwangsoo Correspondent 2025.06.01

Cambodia-Based No-Show Scams on the Rise: Businesses Warned to Be Vigilant: SEOUL, South Korea – Police are issuing a stern warning to South Korean businesses about a sophisticated "no-show scam" orig ...; Hwang Sujin Reporter 2025.06.01

Goyang City Hosts Cambodia for International Exchange on Urban Planning and Lake Park Management: Goyang City, Gyeonggi Province – Goyang City recently held an international exchange meeting with a high-level Cambodian del ...; Kim Sungmoon Reporter 2025.06.01

Apple Expands India Presence with New Bengaluru Store Amidst Geopolitical Tensions: Bengaluru, India – Apple is further solidifying its footprint in the burgeoning Indian market with the upcoming launch of it ...; Desk 2025.06.01

Woongjin Compass Partners with Saudi Education Firm to Strengthen Middle East Presence: Seoul, South Korea / Riyadh, Saudi Arabia – Woongjin Compass, a leading English education specialist based in South Korea, a ...; KO YONG-CHUL Reporter 2025.05.31

Outback Steakhouse Korea Reaches 100 Stores, Navigating Market Shifts: Seoul, South Korea – Outback Steakhouse, operated by Dine Brands Group, has announced the reopening of its 100th location in ...; Hwang Sujin Reporter 2025.05.31

Busan Bank Leads Regional Banks in Social Contribution, Spending ₩59.9 Billion in 2023: Busan Bank has solidified its position as a leader in social contribution among regional banks in South Korea, having spent ₩59.9 ...; Hwang Sujin Reporter 2025.05.31