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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Trump's H-1B Fee Hike Sends Shockwaves Through Wall Street Banks: NEW YORK — A proposed H-1B visa fee hike by the Trump administration to a staggering $100,000 is causing widespread alarm, n ...; Pedro Espinola Special Correspondent 2025.09.25

South Korean Department Stores Make Inroads into Japan Amid K-Wave Boom: TOKYO – In a strategic move to combat domestic stagnation and capitalize on the surging popularity of Korean culture, major ...; Global Economic Times Reporter 2025.09.25

2025 Materials, Parts, and Equipment International Investment Conference Concludes Successfully in Daejeon: DAEJEON, South Korea – Daejeon, a city poised to become a global hub for advanced industries, successfully hosted the 2025 M ...; HONG MOON HWA Senior Reporter 2025.09.25

Apple Stock Surges on iPhone 17's Surprise Success, Nearing Record High: Apple's stock is soaring, propelled by the unexpected sales success of its new iPhone 17 series, with shares now approaching an al ...; Ana Fernanda Reporter 2025.09.24

Paraquayan Law for SMEs: Growth and Challenges: ASUNCIÓN, PARAGUAY – A new law for small and medium-sized enterprises (SMEs) in Paraguay is raising expectations amon ...; Hwang Sujin Reporter 2025.09.23

Paraguay's Labor Cost Spending in 2025: Fiscal Pressure Intensifies: Paraguay's public sector labor cost spending is experiencing an uncontrollable increase, placing a significant burden on the natio ...; Desk 2025.09.23

Conatel: "5G Bidding Will Prevent Rate Hikes": A new Paraguayan policy aimed at preventing telecommunication rate increases and improving citizens' access to technology through ...; Yim Kwangsoo Correspondent 2025.09.23

Argentina Opens the Door to the Satellite Internet Era with Starlink: In Argentina's internet communications market, satellite broadband is showing rapid growth and establishing a new trend. In contra ...; Yim Kwangsoo Correspondent 2025.09.23

South Korean Company Hyosung Heavy Industries Secures Landmark Deal for U.S. Power Grid: MEMPHIS, TN - In a historic first for a South Korean firm, Hyosung Heavy Industries has secured a major contract to supply a full ...; Eugenio Rodolfo Sanabria Reporter 2025.09.19

TTC AgriS and BADP Korea Sign Strategic MOU in Ho Chi Minh City on the 15th: AgriS, a leading Vietnamese agricultural company that cultivates a massive 72,000 hectares of farmland, has partnered with BADP Ko ...; KO YONG-CHUL Reporter 2025.09.18

"Daejeon Successfully Hosts '2025 Startup Korea Investment Week,' Leaping Toward Becoming a Global Startup Hub": The "2025 Startup Korea Investment Week," jointly hosted by Daejeon City and the Ministry of SMEs and Startups, successfully kicke ...; HONG MOON HWA Senior Reporter 2025.09.16

Korean Air Launches 'Incheon Airport Preview' Service on Mobile App: Korean Air has launched a new 'Incheon Airport Preview' service on its mobile app to enhance the convenience of passengers using I ...; Desk 2025.09.15

1st Philippine Tourism Awards Honors Industry Pioneers and Institutions: Manila – The Department of Tourism (DOT) hosted the first Philippine Tourism Awards on September 8 to honor individuals and ...; Global Economic Times Reporter 2025.09.15

DOT Refutes Report on Philippines Having Lowest Tourism ROI: The Department of Tourism (DOT) has strongly refuted a recent report that labeled the Philippines as having the "lowest return on ...; Pedro Espinola Special Correspondent 2025.09.15

False Bulk Order Scam Alert: New Scam Impersonating Soldiers, Serial Victims Among Small Business Owners: Small business owners in Singapore are suffering significant losses from a new type of scam where individuals impersonating soldie ...; Eugenio Rodolfo Sanabria Reporter 2025.09.15

World-OKTA Expands Its Global Reach with Three New Chapters in Central and South America: The World Federation of Overseas Korean Traders Association, known as World-OKTA, has further solidified its global presence by es ...; KO YONG-CHUL Reporter 2025.09.14

The Soaring Cost of Farm Produce: The Shocking Truth of Distribution: The high price of agricultural products in Korea is largely due to the rising costs of distribution, which now account for nearly ...; Desk 2025.09.14

KT to Sell All Owned Robots, Pivots to Platform-Centric Business: South Korean telecommunications giant KT is selling its entire inventory of robots, a strategic move aimed at restructuring its bu ...; Min Gyu Mi Reporter 2025.09.13

A Sweet Tour of Mokpo: From Historic Bakeries to Modern Delights: Mokpo, a city known for its beautiful coastline and rich history, has also become a pilgrimage site for dessert lovers. The city&r ...; Kim Sungmoon Reporter 2025.09.13

BLACKPINK's Jennie Teams Up with Stanley for a Highly Anticipated Tumbler Collaboration: Global icon Jennie of BLACKPINK is collaborating with Stanley, the popular tumbler brand, to release an exclusive new product. Sta ...; Hwang Sujin Reporter 2025.09.13

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