Global Economic Times

2026.04.21 (Tue)
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Inzent Partners with Canada’s Solace to Accelerate Expansion in the Financial IT Market

Inzent, a leading South Korean data platform and financial IT specialist, announced on Tuesday that it has signed a strategic Memorandum of Understanding (MOU) with Solace, a Canadian-based global lea
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

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Finland's Economic Seas Grow Choppy: Navigating the 2024 Trade Deficit: Finland's economic landscape is showing signs of strain, as evidenced by the latest trade statistics released by Finnish Customs. ...; Eugenio Rodolfo Sanabria Reporter 2025.03.01

Panama Canal Secures Future with Rio Indio Reservoir: A Vital Step Towards Water Security: The Panama Canal, a linchpin of global trade, has taken a decisive step to safeguard its future by approving funding for the const ...; Ana Fernanda Reporter 2025.03.01

Jeonbuk Special Self-Governing Province Accelerates Fostering Innovative Companies in the Agro-Biofood Sector: The Jeonbuk Institute of Bio-Convergence Technology is taking steps to create an environment for the phased growth of promising in ...; Desk 2025.03.01

Jeongeup City Enacts Ordinance to Support Insect Industry Development: Jeongeup City has enacted an ordinance to support the development of the insect industry, aiming to secure a future source of inco ...; Desk 2025.03.01

Jinan Red Ginseng Makes Successful Debut in Chinese Market: A Signal Flare for Global Expansion: Ecopanax Co., Ltd. (CEO Kim Seong-hoon), located in Jinan-gun, has successfully launched its premium product, "Triple Jinan Red Gi ...; Yim Kwangsoo Correspondent 2025.03.01

The Lonely Demise of Jeonju's '10,000 Won Happiness Street': Community Neglect and Lost Dreams: Once a beacon of hope for revitalizing the local economy, Jeonju's '10,000 Won Happiness Street,' located near Nosongcheon Stream, ...; Hwang Sujin Reporter 2025.03.01

Olive Young Launches Massive "OllYoung Sale" Offering Up to 70% Off on Thousands of K-Beauty Essentials: Seoul, South Korea – Olive Young, South Korea's premier health and beauty retailer, has announced its highly anticipated "Ol ...; Hwang Sujin Reporter 2025.03.01

Lotte Group to Sell Lotte Rental to Affinity Equity Partners in $1.2 Billion Deal: Seoul, South Korea – Lotte Group announced on February 28th that it will sign a definitive agreement to sell its rental busi ...; Desk 2025.03.01

Rising Popularity of Tea in South Korea: A Growing Market: South Koreans, known for their love of coffee, are increasingly embracing the charm of tea. Once considered the preserve of the mi ...; Hwang Sujin Reporter 2025.03.01

Hyundai's José Muñoz Drives to Victory: Named MotorTrend's 2025 Person of the Year: Los Angeles, CA – In a significant recognition of automotive leadership, José Muñoz, President of Hyundai Moto ...; Eunsil Ju Reporter 2025.03.01

Pharmaceutical Companies Reconsidering Sales at Daiso Amid Controversy Over Low-Cost Health Supplements: Seoul, South Korea – Il-Yang Pharmaceutical has decided to withdraw its health supplement products from Daiso just five days ...; Hwang Sujin Reporter 2025.03.01

U.S. Slaps Steep Tariffs on Korean Aluminum Cables Over China Circumvention Claims: The United States has levied substantial anti-dumping and countervailing duties on aluminum wire and cable (AWC) manufactured in S ...; Hannah Yeh Reporter 2025.03.01

FILA's 'Echappe V2' Sells Out: A New Legend of Han So-hee's Sneakers: FILA's 'Echappe' sneakers, which gained immense popularity last year as 'Han So-hee's sneakers,' have once again achieved a sell-o ...; Sharon Yoon Correspondent 2025.03.01

Iberostar Opens Controversial Luxury Hotel in Havana Amidst Economic Crisis: MIAMI, USA – Iberostar Cuba Hotels & Resorts has announced the grand opening of the Iberostar Selection La Habana, also ...; Hannah Yeh Reporter 2025.02.28

Mineros S.A. Announces New President After a Decade of Leadership: Medellín, Colombia - Mineros S.A., a leading Latin American gold mining company, has announced the appointment of David Lon ...; Graciela Maria Reporter 2025.02.28

Peru's Coffee Exports Reach Historic Highs, Driven by Global Demand and Quality: Peru's coffee exports have surged to unprecedented levels, exceeding US$1.1 billion in 2024, marking a 33% increase from the previ ...; Ana Fernanda Reporter 2025.02.28

Turkey's African Trade Surge: $1.5 Billion Exports in January, North Africa Dominates: ISTANBUL – Turkey's robust trade relations with Africa continue to flourish, with January exports reaching a substantial $1. ...; Eugenio Rodolfo Sanabria Reporter 2025.02.28

OKTA Trade Committee Announces "2025 4th Trade Show" in Andong: Andong, South Korea – The World Federation of Overseas Korean Traders Associations (OKTA) Trade Committee is pleased to anno ...; KO YONG-CHUL Reporter 2025.02.28

Soaring Vegetable and Fruit Prices Drive Shift to Frozen Produce in South Korea: SEOUL, South Korea - South Korea is experiencing a surge in vegetable and fruit prices, driven by this winter's severe weather con ...; ONLINE TEAM 2025.02.28

Seoul Milk Cooperative Achieves 2 Consecutive Years of 2 Trillion Won Sales: High-Quality Strategy Proves Successful: Seoul Milk Cooperative has once again proven its dominance in the dairy industry by achieving annual sales of over 2 trillion won ...; KO YONG-CHUL Reporter 2025.02.28