Global Economic Times

2026.07.22 (Wed)
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KCCI Jeju Forum Opens: Chairman Chey Tae-won Urges Businesses to Catch the AI Wave Before It Becomes an Insurmountable Wall

JEJU ISLAND — Artificial Intelligence will serve as a revolutionary starting line for those who leap onto its wave early, but it will morph into an insurmountable wall for those who stand aside.
Hyundai Motor Group to Acquire 100% Stake in Boston Dynamics, Accelerating Humanoid and Physical AI Commercialization

Hyundai Motor Group is set to secure a 100% ownership stake in its U.S.-based robotics subsidiary, Boston Dynamics. The South Korean automotive and technology conglomerate announced on July 16 that it

Google Unveils ‘Full-Stack AI’ Strategy to Accelerate AI Transformation for South Korean Enterprises

SEOUL — Google has officially unveiled its comprehensive "Full-Stack AI Strategy" customized to support and fast-track the artificial intelligence transformation (AX) of South Korean

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Air Premia Achieves Record-Breaking Financial Results, Marking First Annual Net Profit: SEOUL – Air Premia, a South Korean hybrid airline, announced on February 17th that it achieved its highest-ever revenue and ...; KO YONG-CHUL Reporter 2025.02.17

Indonesia Cancels Government Integrated Data Center Project with South Korea: Seoul – In a surprising turn of events, Indonesia has decided to cancel its planned government integrated data center projec ...; Yim Kwangsoo Correspondent 2025.02.17

Nongshim to quadruple European sales by 2030: Nongshim establishes a European corporation and builds a business base to target the European market. Nongshim announced on Ma ...; KO YONG-CHUL Reporter 2025.02.17

South Korean Gas Exploration Project Falters, Stocks Plummet: SEOUL – Shares of companies associated with the "Great Whale Project," a highly touted gas exploration venture in South Kore ...; KO YONG-CHUL Reporter 2025.02.17

AI-powered genetic diagnosis system to play key role in rapid analysis: SEOUL – 3billion, a South Korean genetic analysis company, has announced a partnership with AstraZeneca Korea to accelerate ...; Global Economic Times Reporter 2025.02.17

S-Oil's $7 Billion Shahin Project on Track for Completion in 2025: Ulsan, South Korea – S-Oil, a leading South Korean oil refiner, announced that its $7 billion Shahin Project is progressing ...; ONLINE TEAM 2025.02.17

South Korean Small Businesses Hit Hard by Economic Slump and Emergency Measures: Seoul - A recent report by Korea Credit Data reveals that small business owners in South Korea, particularly those operating cafes ...; Yim Kwangsoo Correspondent 2025.02.17

South Korea's Manufacturing, Construction Jobs Plummet Amid Economic Slump: Seoul - South Korea's job market is showing signs of strain as the number of employees in key industries such as manufacturing and ...; Desk 2025.02.17

South Korea's Job Market Freezes Over, Leaving Youth in Despair: South Korea's job market is rapidly deteriorating, with young people bearing the brunt of the downturn. Recent data reveals alarmi ...; Desk 2025.02.17

E-Mart Traders Magok Branch Opens with Record-Breaking Sales: Magok, Seoul – E-Mart's warehouse-style discount store, Traders, opened its new Magok branch on February 14th, 2025, to much ...; Hwang Sujin Reporter 2025.02.17

Porsche Expands its Presence in South Korea with New Service Center and Ambitious Plans: Seoul, South Korea – Porsche, the renowned German sports car manufacturer, has reinforced its commitment to the South Korean ...; KO YONG-CHUL Reporter 2025.02.17

Korean Convenience Store Giants Face Profitability Crisis Amidst Expansion Race: SEOUL – South Korea's convenience store industry is facing a reckoning after years of aggressive expansion. The sector enjoy ...; Desk 2025.02.17

Fermented Skate to be Designated as Traditional Seafood, Paving the Way for Global Market Entry: Korean Traditional Food Set for International Expansion with Government SupportBucheon, South Korea – The Korean traditional ...; Yim Kwangsoo Correspondent 2025.02.17

Financial Watchdog Urges Consumers to Understand the Fine Print of Mobile Phone Insurance: SEOUL – The Financial Supervisory Service (FSS) has issued an advisory to consumers, emphasizing the importance of fully und ...; Hwang Sujin Reporter 2025.02.17

U.S. LNG Imports Emerge as Key Bargaining Chip Amidst Trump's Trade Pressure: As U.S. President Donald Trump's trade pressure intensifies, importing U.S. liquefied natural gas (LNG) has emerged as a key barga ...; Graciela Maria Reporter 2025.02.17

Eyeglass-shaped hearing aid to be released in the US market in the first quarter of 2025: Good news for people with hearing impairments who have hesitated to wear traditional hearing aids due to discomfort and the attent ...; Hwang Sujin Reporter 2025.02.16

Bulguksa Temple Receives Largest Government Support for Free Admission Policy: Bulguksa Temple has emerged as the biggest beneficiary of the government's free admission policy for cultural heritage sites, rece ...; Desk 2025.02.16

7-Eleven Debuts "Ma La Mapo Tofu Rice Bowl" in Chef Collaboration: 7-Eleven has released a new chilled ready-to-eat meal, the "Ma La Mapo Tofu Rice Bowl," in partnership with celebrity chef Park Eu ...; Hwang Sujin Reporter 2025.02.16

Famous Travel YouTuber 'Pani Bottle' Criticizes Problems During Gyeongju Trip: Gyeongju, South Korea – Famous travel YouTuber 'Pani Bottle' (Park Jae-han), who has 2.39 million subscribers, recently uplo ...; Hwang Sujin Reporter 2025.02.16

Starbucks Korea's Valentine's Day Pink Reusable Cup Event Creates a Frenzy: Suwon, South Korea – Starbucks Korea's Valentine's Day promotion, offering a free pink reusable cup with the purchase of sel ...; Hwang Sujin Reporter 2025.02.15