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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Internet Bank’s first real estate mortgage loan for self-employed people… Up to KRW 1 billion at 3% per annum: [GLOBAL ECONOMIC TIMES] K Bank (CEO Woohyung Choi) received the grand prize in the service category (Korea Economic Daily Preside ...; ONLINE TEAM 2024.10.24

“Opportunity for Korean cosmetics brands to enter the Vietnamese market”... ‘Beauty Summit 2024’ held: [GLOBAL ECONOMIC TIMES] ‘BEAUTY SUMMIT 2024’, co-hosted by Hoang Tu Holdings and the Vietnam Chamber of Commerce and ...; ONLINE TEAM 2024.10.24

Earned 15 billion won over 4 years by selling names of Seoul subway stations... Gangnam Station is the best: It was revealed that the Seoul Transportation Corporation earned 14.97 billion won in profits over four years through the 'Paid St ...; Global Economic Times 2024.10.17

Jeollanam-do e-mobility industry past, present and future at a glance: In Jeollanam-do, the Yeonggwang e-Mobility Expo, where you can see the past, present, and future of the e-mobility industry at a g ...; Global Economic Times 2024.10.17

Abuse of overseas direct purchases worth 60.8 billion won detected... “Intensive crackdown on illegal activities for 5 weeks”: [Global Economic Times] The Korea Customs Service announced on the 21st that from this year until last month, it had detected 60.8 ...; Global Economic Times 2024.10.17

Hotel, condominium, and officetel promoted on the site of the former Haeundae Grand Hotel: On the site of the former Grand Hotel in Haeundae-gu, Busan, a plan is being promoted to build a 5-star hotel, condominiums, and o ...; Global Economic Times 2024.10.17

Daewoo E&C wins bid for mineral fertilizer plant project in Turku: [Global Economic Times] The possibility of Daewoo Engineering & Construction winning a large-scale project worth 3 trillion wo ...; Global Economic Times 2024.10.17

Gyeongbuk-do’s traditional liquor, rebranded with local values and hipness!: From October 17th to 31st, the Gyeongsangbuk-do Agricultural Research and Extension Services promoted 'Gyeongbuk Traditional Liquo ...; Global Economic Times 2024.10.17

The prices of six imported beers, including Budweiser and Hoegaarden, will increase by an average of 8% next month.: [Global Economic Times] Starting next month, the prices of imported beers handled by OB Beer, including Budweiser, will rise by an ...; Global Economic Times 2024.10.17

Naju City announces itself as a leading food tech city... Operating a promotional center at the 2024 Gwangju Food Exhibition: Naju City, which is pursuing the construction of Korea’s first ‘Food Tech Research Support Center’, will partici ...; Global Economic Times 2024.10.17

Money supply continues to rise in August amid restrictive policy: BOK: South Korea's money supply continued to increase in August from a month earlier amid an extended tightening policy mode, central b ...; Global Economic Times 2024.10.17

The 28th Korean World Business Convention will be held in Vienna, Austria on October 29.: The 28th Korean World Business Expo Vienna (2024 Korea Business Expo Vienna), organized by the Korean World Trade Association (pre ...; Global Economic Times 2024.10.17

Ministry of Agriculture, Food and Rural Affairs, K-Smart Farm remains popular in the Middle East, showing high interest in holding a roadshow: Continuing from last year, the Middle East's interest in K-Smart Farm continues to overcome the poor climate environment and achie ...; Global Economic Times 2024.10.15