Global Economic Times

2026.01.20 (Tue)
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“$3.20 for Coffee, 15 Cents for the Cup”: New Pricing Policy Leaves Café Owners Exhausted

(C) Live and Let's Fly SEOUL — “A Cafe Latte is 4,300 won, and there is a separate 200 won charge for the cup.” Small business owners running cafes are expressing deep frustr
Trump Escalates Atlantic Tensions with ‘Greenland Tariffs’ Targeting European Allies

(C) Axios [NUKK, Greenland] – The geopolitical standoff over Greenland has spiraled into a full-blown trade war as U.S. President Donald Trump announced a series of punitive tariffs against e

SK Chairman Choi Tae-won Calls for Radical Policy Shift to Reignite Korea's "Fading Growth Engine"

(C) China Daily SEOUL – Choi Tae-won, Chairman of the Korea Chamber of Commerce and Industry (KCCI) and SK Group, has issued a stark warning regarding the structural slowdown of the South Korea

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Singaporean Companies Show High Preparedness for Cyber, Geopolitical, and Other Threats: A new report indicates that Singaporean companies are exhibiting significantly higher confidence in their preparedness for various ...; Pedro Espinola Special Correspondent 2025.06.12

The Collapse of China's High-End Restaurants: The Naked Truth of a Deepening Economic Crisis: In China, there's a saying, "The people regard food as their heaven" (民以食爲天), indicating that eating is not just about sustenance ...; Ana Fernanda Reporter 2025.06.12

KOTRA Paves the Way for Auto Parts Exports to India, World's 3rd Largest Automotive Market: KOTRA (President Kang Kyung-seong) announced that it will host the 'Korea-India Future Automotive Partnering Plaza' in Chennai, In ...; KO YONG-CHUL Reporter 2025.06.12

Overseas Koreans Agency and Busan City Achieve $36 Million in Export Consultations: The Overseas Koreans Agency (Administrator Lee Sang-deok) and Busan Metropolitan City (Mayor Park Hyeong-jun) achieved a performan ...; KO YONG-CHUL Reporter 2025.06.11

Paraguay Emerges as European Investment Hub… '2025 EU-Paraguay Investment Forum' to Be Held: Paraguay is preparing to emerge as a new center for European investment through the '2025 EU-Paraguay Investment Forum,' to be hel ...; Pedro Espinola Special Correspondent 2025.06.11

Pope Leo XIV's Argentina Visit Unofficially Confirmed… Announcing a Hometown Visit After 12 Years of Silence Following Meeting with President Milei: On Saturday, June 7, 2025, Pope Leo XIV received Argentine President Javier Milei at the Vatican. While ostensibly a courtesy meet ...; Hwang Sujin Reporter 2025.06.11

Argentina LNG Project: Eni Confirms FLNG Participation, Signaling Shift in South American Energy Landscape: Italian energy company Eni has officially signed an agreement with Argentine state-owned energy company YPF for the Argentina LNG ...; Yim Kwangsoo Correspondent 2025.06.11

Daejeon City Significantly Lowers Threshold for Small Business Labor Cost Support: Daejeon City announced a significant easing of application criteria for its '2025 Small Business Labor Cost Support Program' to as ...; HONG MOON HWA Senior Reporter 2025.06.10

Chungnam Institute of Contents to Recruit Trainees for Accelerator (AC) Professional Training Program: CHUNGCHEONGNAM-DO – The Chungnam Institute of Contents (Director Kim Gok-mi) announced that it is recruiting trainees for th ...; HONG MOON HWA Senior Reporter 2025.06.10

Daejeon Mayor Lee Jang-woo Visits Quebec and Boston to Strengthen Global S&T Cooperation: DAEJEON – Daejeon Mayor Lee Jang-woo is embarking on a visit to Quebec, Canada, and Boston, USA, from June 10 to 18, to expa ...; HONG MOON HWA Senior Reporter 2025.06.10

Samcheok City Completes Preparations for 60th Gangwon Special Self-Governing Province Citizens' Sports Festival: Samcheok, Samcheok City in Gangwon Special Self-Governing Province has virtually completed its preparations for the 60th Gangwon S ...; KO YONG-CHUL Reporter 2025.06.10

Daejeon City to Provide Practical Employment Support for Unemployed Youth: Daejeon City is recruiting participants for its 'Youth Challenge Support Project' and 'Youth Growth Project' to help young people ...; HONG MOON HWA Senior Reporter 2025.06.10

Korean AI Tech Taps into Singapore's Public Sector, Forging a Bridge for Overseas Expansion: Korean artificial intelligence (AI) technology has successfully opened doors to Singapore's public sector, marking a significant t ...; KO YONG-CHUL Reporter 2025.06.09

Monetary Authority of Singapore Unveils Crypto Asset Due Diligence Guidelines: Paving the Way for Global Financial Regulation: As the digital revolution continuously reshapes the financial landscape, regulatory bodies worldwide face the challenging task of ...; KO YONG-CHUL Reporter 2025.06.09

Jeju-Singapore Direct Route Opens, Paving the Way for Activated Tourism and Expanded Exchange: The skies between Jeju and Singapore are set to become wider. T'way Air will launch a new direct regular flight service connecting ...; Hwang Sujin Reporter 2025.06.09

Jeju Hanwoo Paves Way for Singapore Export After WOAH Foot-and-Mouth Disease-Free Zone Recognition: Jeju-produced Hanwoo (Korean beef) is expected to begin exports to Singapore as early as the second half of this year. This develo ...; Hwang Sujin Reporter 2025.06.09

Airbus CEO Visits Singapore AATC, Emphasizing Contribution to Asia's Aviation Training and Sustainability: Singapore – The Airbus Asia Training Centre (AATC) recently welcomed Airbus CEO Guillaume Faury to Singapore, showcasing its ...; Desk 2025.06.09

Lotte Mart's 'Global Bridge in Indonesia' Forges US$9.5 Million in Export Deals, Bolstering Korean SME Expansion: Jakarta, Indonesia – Lotte Mart, a leading South Korean hypermarket chain, successfully concluded its "Global Bridge in Indo ...; Graciela Maria Reporter 2025.06.08

Indonesia's Hidden Gems Beckon Korean Travelers at Seoul International Tourism Fair: SEOUL – Indonesia is making a concerted effort to attract more Korean tourists by highlighting its lesser-known attractions, ...; Ana Fernanda Reporter 2025.06.08

KOSPO Wins Gold at International Invention Exhibition in Malaysia with AI-Powered Mobile Heat Exchanger: KUALA LUMPUR, Malaysia – June 5, 2025 – Korea Southern Power Co. (KOSPO) has been awarded a prestigious gold medal at ...; Global Economic Times Reporter 2025.06.08