Global Economic Times

2026.04.21 (Tue)
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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

South Korea Enters the Era of '100 AI Medical Devices Annually': Advancing into High-Complexity Clinical Fields

SEOUL – South Korea’s medical artificial intelligence (AI) sector has reached a significant turning point, with more than 100 new AI-based medical devices being approved annually. Once lim

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Filipino Food Giant Jollibee: Why It Covets Korean Brands: Jollibee Foods Corporation (JFC), the largest quick-service restaurant company in the Philippines, is aggressively pursuing Korean ...; Ana Fernanda Reporter 2025.07.03

Warantec Implants Launch Show in Vietnam and Sri Lanka Concludes Successfully, Accelerating Southeast Asian Market Penetration: WaranteC's "WaranteC Implant Launch Show," held on June 11th and 12th in Ho Chi Minh City and Hanoi, Vietnam, successfully conclud ...; Hwang Sujin Reporter 2025.07.03

MERCOSUR Certificate of Origin: Expected to Streamline and Enhance Export Procedures: The Paraguayan Ministry of Industry and Commerce (MIC) announced that starting July 18, it will be revising the certificate of ori ...; Yim Kwangsoo Correspondent 2025.07.02

Coupang Grapples with Recurring Pricing Glitches, Sparking Consumer Uproar: Seoul, South Korea – Coupang, a prominent e-commerce giant in South Korea, is once again embroiled in controversy following ...; Hwang Sujin Reporter 2025.07.02

World Brangus Congress to Showcase Excellence of Paraguayan Brangus Breed: The World Brangus Congress is set to take place in Paraguay in May 2028. This event is expected to be a significant opportunity to ...; Desk 2025.06.30

Paraguayan Private Banks Expand Loans to SMEs, Driving Economic Revitalization: Asunción, Paraguay – The Paraguayan private banking sector is actively investing in the development of micro, small, ...; Eugenio Rodolfo Sanabria Reporter 2025.06.30

US Tariffs Create Divergent Outlooks for South Korean Manufacturers: Seoul, South Korea – The Korea Chamber of Commerce and Industry (KCCI) announced on June 29 that its Business Survey Index ( ...; Desk 2025.06.29

Goseong Youth Hostel Completed After Six-Year Development Amidst Challenges: Goseong, Gyeongsangnam-do – The Goseong Youth Hostel, a project spearheaded by Goseong-gun to bolster its tourism and sports ...; Hwang Sujin Reporter 2025.06.29

Gochang County Inaugurates Fermentation and Food Industry Promotion Center, Poised to Become Kimchi Industry Hub: Gochang County, located within the newly established Jeonbuk Special Self-Governing Province, has marked a significant milestone i ...; Kim Sungmoon Reporter 2025.06.29

Gangwon Land Accelerates Central Asian Tourism Push with Key Partnerships: Gangwon Land, South Korea's premier integrated resort known for its casino and ski facilities developed on former mining lands in ...; Hee Chan Kim Reporter 2025.06.29

Meta Intensifies AI Talent Acquisition Amidst Superintelligence Pursuit, Drawing Top Researchers from OpenAI: In a burgeoning display of its aggressive push into artificial intelligence, Meta Platforms, the parent company of Facebook and In ...; Hannah Yeh Reporter 2025.06.29

Chungnam's excellent agricultural products now available nationwide at Lotte Mart.: Chungnam Province has partnered with Lotte Mart to expand sales channels for its excellent local agricultural products. The provi ...; Hwang Sujin Reporter 2025.06.29

Aero K Airlines Launches New Cheongju-Kitakyushu Route: First Regular Service Since Cheongju International Airport Opened: Aero K Airlines (CEO Kang Byung-ho), based at Cheongju International Airport, is set to expand its Japan routes with the launch of ...; KO YONG-CHUL Reporter 2025.06.29

Compose Coffee Partners with K-giant to Lead Digital Transformation in Coffee Franchise Industry: SEOUL, South Korea – Compose Coffee, a rapidly expanding coffee franchise, announced today the successful completion of the ...; Hwang Sujin Reporter 2025.06.27

Santander Sells Seven Pennsylvania Branches to Community Bank: ROCHESTER, NY – Spanish financial giant Santander has agreed to sell seven of its branches in the Allentown area of Pennsylv ...; Yim Kwangsoo Correspondent 2025.06.27

Dongducheon City Establishes Historic Sister City Relationship with Palisades Park, NJ, Laying Foundation for Mutual Development and Cooperation: Dongducheon City (Mayor Park Hyeong-deok) has expanded its global cooperation network by officially establishing a sister city rel ...; KO YONG-CHUL Reporter 2025.06.27

LG Electronics North American Headquarters in New Jersey, Opening New Horizons for 'Private Sector Technology Diplomacy': LG Electronics' North American headquarters, located in Englewood Cliffs, New Jersey, USA, is emerging as more than just a corpora ...; Eunsil Ju Reporter 2025.06.27

Waymo, Partnering with Uber, Launches Robotaxi Service in Atlanta… Intensifying Competition in the Autonomous Driving Market: Waymo, a subsidiary of Google, has officially launched its robotaxi service in Atlanta, Georgia, in cooperation with ride-sharing ...; Eunsil Ju Reporter 2025.06.27

Chuncheon City Forges Partnership with Annapolis, USA, for Urban Diplomacy and Educational Cooperation, Bolstering Global Standing: Chuncheon City has solidified its position as a global city for educational cooperation by signing two significant international e ...; Kim Sungmoon Reporter 2025.06.27

GC Cell Strengthens Cooperation with Maryland, USA…Secures Foothold to Lead Global Bio Market: GC Cell (formerly Green Cross Cell), a company specializing in cell therapy, signed a Memorandum of Understanding (MOU) on investm ...; Sharon Yoon Correspondent 2025.06.27