Global Economic Times

2026.06.05 (Fri)
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Tesla and BYD Penetrate South Korea’s Stronghold as Domestic Auto Sales Stumble

SEOUL — South Korea’s once-impregnable domestic automotive market is facing a profound disruption. Long dominated by powerful homegrown giants, the local industry is witnessing an aggressi
SAMSUNG D AND LGD CLASH IN TAIWAN: THE BATTLE FOR NEXT-GEN GAMING OLED DOMINANCE

TAIPEI — South Korea’s leading display giants, Samsung Display and LG Display, are locked in a fierce technological battle in Taiwan, the heart of the global IT hardware industry. Ahead of

Online Automotive Trading Surges 155% in South Korea as Tesla Deliveries Accelerate E-Commerce Shift

SEOUL — South Korea's e-commerce market has achieved an unprecedented milestone, expanding its reach deep into heavy industrial consumer goods as automotive transactions spike. Driven primar

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Busan Launches Ambitious Regional Tourism Packages Targeting Foreign Visitors: Busan Metropolitan City and the Busan Tourism Organization are set to significantly boost inbound tourism by launching a comprehen ...; ONLINE TEAM 2025.04.27

Kakao's New Targeted Ad Service Sparks Controversy in South Korea's ICT Sector: A new service from South Korea's leading mobile messenger app, KakaoTalk, has become a contentious issue even before its full laun ...; Hwang Sujin Reporter 2025.04.27

Spring Blooms on the Sea: Jebu Island Cable Car 'Seohae Rang' Unveils Spring Refresh: Gyeonggi Province, South Korea – The Seohae Rang cable car, the only sea cable car in the Seoul metropolitan area connecting ...; Hwang Sujin Reporter 2025.04.27

Incheon Port Achieves All-Time High in Used Car Exports in the First Quarter: Incheon Port, South Korea's largest used car export hub, has broken its all-time high export record in the first quarter of this y ...; Desk 2025.04.27

Incheon Airport Anticipates Record Passenger Numbers, Urgency Grows for Expansion: Incheon International Airport is bracing for an unprecedented surge in passenger traffic this year, according to a recent analysis ...; Hwang Sujin Reporter 2025.04.27

Seoul's Savory Pancakes: A Deep Dive into the City's Top Bindaetteok Spots: Seoul, a city renowned for its vibrant culinary scene, boasts a plethora of dishes that tantalize the taste buds. Among these, bin ...; Hwang Sujin Reporter 2025.04.26

Shinan-gun Hosts the 3rd World Kimbap Festa, Showcasing Unique Local Flavors: Shinan-gun, Jeollanam-do Province, South Korea, is set to host the highly anticipated '3rd World Kimbap Festa' for two days, start ...; Yim Kwangsoo Correspondent 2025.04.26

K-Beauty Supply Chain Thrives as Export Records Shatter: South Korea's K-beauty industry is riding a wave of unprecedented export success, generating significant tailwinds for companies a ...; Desk 2025.04.26

Korean Ferry Operator Acquires Troubled Queen Beetle Amidst Japan-South Korea Route Uncertainty: Busan, South Korea – The high-speed ferry Queen Beetle, plagued by a significant hull leakage incident last year that ultima ...; Hee Chan Kim Reporter 2025.04.26

Jeonnam's Revolutionary "One-Dollar Ferry" Bridges the Gap for Island Communities, Surpasses 5.5 Million Users: Mokpo, Jeonnam Province – A groundbreaking initiative launched by Jeonnam Province in 2021, the "One-Dollar Ferry" program, ...; Yim Kwangsoo Correspondent 2025.04.26

Environmental Journalists Worldwide Face Escalating Threats and Violence: Reporters Without Borders Urges Protection Ahead of COP30: On April 22nd, marking Earth Day, Reporters Without Borders (RSF) issued a stark warning about the perilous conditions faced by jo ...; Greace Nunez Correspondent 2025.04.26

Coalition's Proposed Review of Temporary Graduate Visa Sparks Concerns in International Education Sector: The Australian Coalition has announced its intention to review the Temporary Graduate Visa (subclass 485) if elected, citing conce ...; Eugenio Rodolfo Sanabria Reporter 2025.04.26

Chungnam FTA Trade Promotion Center Supports Local Businesses Amidst Shifting Global Trade Landscape: Cheonan, South Korea – The Chungnam FTA Trade Promotion Center announced on April 25th that it successfully held its ‘ ...; Hwang Sujin Reporter 2025.04.25

NongHyup Accelerates K-Food Export to the U.S. Through Strategic Partnerships with Major Distributors: NongHyup (National Agricultural Cooperative Federation) has recently intensified its efforts to bolster the competitiveness of Kor ...; HONG MOON HWA Senior Reporter 2025.04.25

K-Railways Make Foray into Global Operations Market with Landmark Philippines MRT-7 Deal: A new era has dawned for South Korea's railway technology as its operational expertise gains international recognition. On April 2 ...; Yim Kwangsoo Correspondent 2025.04.25

Jinju Invests ₩9.8 Billion to Cement Leadership in South Korea's Fresh Produce Exports: JINJU, South Korea – Jinju City, a consistent frontrunner in South Korea's fresh agricultural product exports, has announced ...; HONG MOON HWA Senior Reporter 2025.04.25

Incheon Trade Delegation Achieves $3 Million in Export Consultations in Qingdao: An "Incheon Consumer Goods Trade Delegation" dispatched to Qingdao, China, has reportedly achieved significant export consultation ...; Min Gyu Mi Reporter 2025.04.25

Seocheon and Yesan to Integrate Tourism Transportation Booking via Mobile Apps: South Chungcheong Province has announced that Seocheon County and Yesan County have been selected for the Korea Tourism Organizati ...; HONG MOON HWA Senior Reporter 2025.04.25

Chungcheongnam-do Province Bolsters Support for Small Businesses in Coal Plant Closure Zones: Chungcheongnam-do, South Korea – Chungcheongnam-do Province convened its "Just Transition Fund Deliberation Committee" on Ap ...; HONG MOON HWA Senior Reporter 2025.04.25

Chungnam Province Earmarks 100 Billion Won to Aid Export Firms Hit by US Tariffs: Chungnam Province is proactively addressing the fallout from the burgeoning "tariff storm" originating from the United States by a ...; HONG MOON HWA Senior Reporter 2025.04.25