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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The Kimchi Crisis: Climate Change and the Battle for South Korea's Culinary Soul: (C) The Guardian SEOUL — South Korea, the birthplace of kimchi, is facing a profound industrial and cultural crisis. As ext ...; KO YONG-CHUL Reporter 2025.12.25

KOTRA Signs KRW 500 Billion G2G Export Contract for 'Chunmoo' with Estonia: (C) KOTRA The South Korean multiple launch rocket system (MLRS), 'Chunmoo,' is being exported to the Baltic nation of Estonia for ...; KO YONG-CHUL Reporter 2025.12.25

Nongshim's Shin Ramyun Hits 130M Views with aespa, Solidifying Status as a Global Cultural Icon: (C) PR Newswire SEOUL — Nongshim announced today that its global advertising campaign for "Shin Ramyun," featuring the K-po ...; Shin Yeju Intern Reporter 2025.12.24

GS25 Retains Operating Rights for "Gold Mine" Convenience Stores at Jamsil Baseball Stadium: (C) Visit Seoul GS25 has been named the preferred bidder for the operation of convenience stores at Jamsil Baseball Stadium in ...; Min Gyu Mi Reporter 2025.12.19

Doosan Group Chosen as Preferred Bidder for SK Siltron in Multi-Billion Dollar Deal: (C) KED Global SEOUL – In a move that signals a massive shift in the South Korean semiconductor landscape, Doosan Group has ...; Desk 2025.12.18

K-Consumables Pop-up Strategy Targets Central Japan Distribution Hub, K-Beauty Popularity Spreading: (C) KOTRA The Korea Trade-Investment Promotion Agency (KOTRA, President Kang Kyeong-seong) held the "Directly Experiencing K-Be ...; KO YONG-CHUL Reporter 2025.12.16

South Korea Launches $115 Million Export Voucher Program to Boost SME Global Reach: SEOUL — South Korea's Ministry of SMEs and Startups (MSS) is accelerating its support for small and medium-sized enterprises ...; Global Economic Times Reporter 2025.12.15

International Organizations Raise China's Growth Forecasts, Citing Stimulus and Exports: (C) Global TImesSeveral major international financial institutions, including the World Bank (WB) and the International Monetary F ...; Global Economic Times Reporter 2025.12.11

South Korea's Rail Consolidation vs. Global Trend of Competition and Service Quality: (C) PixabayThe South Korean government's announcement to integrate the state-owned Korea Railroad Corporation (KORAIL) and SR, a h ...; Global Economic Times Reporter 2025.12.09

Netflix Acquires Warner Bros. in $72 Billion Deal, Reshaping Global Content Landscape: SAN FRANCISCO / BURBANK – In a seismic shift poised to redefine the global entertainment industry, Netflix has struck an aud ...; Ana Fernanda Reporter 2025.12.06

Canada Courts 'K-Industry': Seeking to Strengthen Alliances in Minerals and EVs Beyond 60 Trillion Won Submarine Project: (C) Nation Talk Canadian Minister of Industry, Mélanie Joly, concluded her three-day visit to Korea by strongly declarin ...; KO YONG-CHUL Reporter 2025.11.28

Travel Light, Fly Warm: Korean Air and Asiana Launch Coatroom Service for Winter Travelers: SEOUL – As the cold grip of winter settles over Korea, making travel to warmer climes all the more appealing, the nation&rsq ...; Global Economic Times Reporter 2025.11.26

White House Clarifies Trump’s "Nuanced" Stance on Foreign Workers: Temporary Skill for Permanent American Jobs: (C) ADWEEK WASHINGTON D.C. — The White House has stepped forward to clarify President Donald Trump's "nuanced and common- ...; KO YONG-CHUL Reporter 2025.11.25

South Africa G20 Linkage: One Month Focus on Africa Entry as the Next-Generation Growth Engine: The Ministry of Trade, Industry and Energy (referred to hereafter as MOTIE, Minister Kim Jeong-gwan) and the Korea Trade-Investmen ...; Global Economic Times Reporter 2025.11.25

Kia PV5 Wins '2026 International Van of the Year,' Marks First for a Korean Brand: (C) Kia LYON, France – Kia’s mid-sized electric Purpose-Built Vehicle (PBV), the PV5, has been honored with the pr ...; Global Economic Times Reporter 2025.11.20

UNIQLO's Collaboration Strategy: Designer Fashion Meets Mass Appeal: Seoul, November 19, 2025 – Global apparel giant UNIQLO is once again dominating headlines in the fashion industry, this time ...; Hwang Sujin Reporter 2025.11.19

Korean Fashion Brands Set Sights on China: Dunst Opens Pop-up in Shanghai: SEOUL, November 18, 2025 — Korean fashion companies are accelerating their push into the Chinese market, a pivotal move driv ...; Desk 2025.11.18

Dayone Company Achieves Record Performance in Adult Education Market: SEOUL, South Korea — Dayone Company, a leading South Korean adult education firm, has announced a significant surge in its p ...; KO YONG-CHUL Reporter 2025.11.14

SoluM Drives Retail Innovation in UK and Ireland, Clinches Prestigious 'RTIH Innovation Award 2025': (C) 솔루엠 LONDON – SoluM, a global specialist in electronic components and smart solutions, has been recognized for its gro ...; Global Economic Times Reporter 2025.11.14

Hanmi Science Takes Aim at Global Market, Unveiling Three Surgical Hemostats in Germany: DÜSSELDORF, Germany—Hanmi Science, the holding company of South Korea's Hanmi Group, is poised to intensify its push in ...; Yim Kwangsoo Correspondent 2025.11.13

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