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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North Korea's Wonsan-Kalma Coastal Tourist Zone Temporarily Suspends Foreign Tourists: Analysis Points to Combined Factors of Improvement Measures and Low Demand: Wonsan, KCNA – North Korea's Wonsan-Kalma Coastal Tourist Zone in Kangwon Province, a large-scale beach resort promoted by t ...; Hwang Sujin Reporter 2025.07.18

SK Telecom's Market Share Dips Below 40% After Unprecedented Hacking Incident, Accelerating Market Landscape Shift: Seoul, July 18, 2025 – SK Telecom, a long-standing powerhouse in South Korea's mobile telecommunications market, has been hi ...; Hwang Sujin Reporter 2025.07.18

BOK: "Expansion of Delivery Platforms Intensifies Self-Employed Polarization... Urgent Countermeasures Needed": According to a report released by the Bank of Korea on July 17, 2025, the rapid growth of food delivery platforms is exacerbating ...; Hwang Sujin Reporter 2025.07.17

Bucheon City Boosts Citizen Benefits and Local Commerce with Baedal Teukgeup's 'A Meal Recharge' Overlapping Discounts: Bucheon – The Bucheon Commercial Revitalization Center is running an unprecedented 'A Meal Recharge' promotion for Bucheon c ...; Hwang Sujin Reporter 2025.07.17

Chungnam Institute for Content Industry Supports 3 Companies at Tokyo XR & Metaverse Fair, Achieving ₩1.4 Billion in Performance: Chungnam Institute for Content Industry (President Kim Gok-mi, hereinafter referred to as the Institute) announced remarkable achi ...; KO YONG-CHUL Reporter 2025.07.17

Daejeon City Launches 5th Survey on Treatment of Social Welfare Facility Workers: Daejeon City will conduct its '5th Survey on the Treatment of Social Welfare Facility Workers' starting on the 21st, aiming to com ...; HONG MOON HWA Senior Reporter 2025.07.17

Aero K Accelerates Expansion of Japan Routes with New Cheongju-Hiroshima Service: Aero K Airlines further expanded its Japan routes to eight with the new launch of its Cheongju-Hiroshima service on July 16th. Thi ...; HONG MOON HWA Senior Reporter 2025.07.17

Low-Cost Carrier Flybondi Resumes Paraguay Operations, Pursues Direct Flights to Encarnación: Buenos Aires – Argentina's low-cost airline Flybondi has expressed a strong commitment to resuming its routes to Paraguay, a ...; ONLINE TEAM 2025.07.16

No Doctor Salary Increase Expected in 2026 Due to Public Sector Guidelines: ASUNCIÓN, PARAGUAY – On July 15, 2025, the Paraguayan Ministry of Public Health (MSP) officially announced that there ...; Hwang Sujin Reporter 2025.07.16

E. coli Contamination Triggers Recall of Chef Lee Yeon-bok's Beef Brisket and Bracken Soup: SEOUL, South Korea– A popular instant meal, "Lee Yeon-bok's Bokjumoni Hanwoo Ugeoji Gukbap" (Beef Brisket and Bracken Soup), ...; Hwang Sujin Reporter 2025.07.16

Paraguay's Ley 60/90 Investments See Strong Rebound in First Half: Investments under Paraguay's Ley 60/90 reached $267 million in the first half of 2025, a robust 58% increase year-on-year. This on ...; Graciela Maria Reporter 2025.07.15

Incheon City to Provide ₩150 Billion in Funding to SMEs Exporting to the U.S. to Stabilize Management: Amid rising trade barriers from the United States, Incheon City has rolled up its sleeves to promote management stability for smal ...; Hwang Sujin Reporter 2025.07.14

CJ CheilJedang Accelerates K-Food Territory Expansion in Australia… 'Bibigo Chicken' Debuts Locally: CJ CheilJedang, at the forefront of K-Food globalization, is accelerating its push into the Australian market. Based on its local ...; HONG MOON HWA Senior Reporter 2025.07.14

Sanitation Worker's High Salary Controversy: The Shadow of 92 Hours of Overtime: The high salaries of sanitation workers are once again a hot topic online. Recently, a pay stub of an 11-year veteran sanitation w ...; Desk 2025.07.13

Daegu City Recruiting Candidates for '2025 Small and Medium Business Awards' to Discover Leading Companies for Regional Economic Growth: Daegu City is currently accepting applications for the '2025 Daegu Small and Medium Business Awards' until August 8th, aiming to r ...; Hee Chan Kim Reporter 2025.07.13

Cheonan Municipal Museum Recruits Participants for Exhibition Docent Training Program: The Cheonan Cultural Foundation (CEO Ahn Dong-soon, hereinafter referred to as the Foundation) announced on the 11th that it will ...; Kim Sungmoon Reporter 2025.07.12

Canada's June Employment Surges by 83,000, Cooling Rate Cut Expectations: Canada's labor market saw an unexpected surge in employment in June, significantly lowering the likelihood of an interest rate cut ...; Pedro Espinola Special Correspondent 2025.07.12

17,000 Won Japan Trip? Aviation Industry in "Emergency"…Plummeting Travel Demand Intensifies Price War: Recently, the travel industry has been thrown into an emergency as online travel agencies (OTAs) and low-cost carriers (LCCs) are ...; KO YONG-CHUL Reporter 2025.07.11

Bucheon City: From Platform to Distribution… Connecting Investment and Distribution Opportunities for Content Companies: Bucheon City held the ‘2025 Bucheon Content Enterprise Demoday’ at the Webtoon Convergence Center on the 8th. The even ...; KO YONG-CHUL Reporter 2025.07.11

"Get Discounts, Plus Free Gifts!": Bucheon City announced that it is holding an event where customers who pay with Bucheon Pay (local currency) at 'Bucheon Pay Addit ...; Hwang Sujin Reporter 2025.07.11