Global Economic Times

2026.07.22 (Wed)
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KCCI Jeju Forum Opens: Chairman Chey Tae-won Urges Businesses to Catch the AI Wave Before It Becomes an Insurmountable Wall

JEJU ISLAND — Artificial Intelligence will serve as a revolutionary starting line for those who leap onto its wave early, but it will morph into an insurmountable wall for those who stand aside.
Hyundai Motor Group to Acquire 100% Stake in Boston Dynamics, Accelerating Humanoid and Physical AI Commercialization

Hyundai Motor Group is set to secure a 100% ownership stake in its U.S.-based robotics subsidiary, Boston Dynamics. The South Korean automotive and technology conglomerate announced on July 16 that it

Google Unveils ‘Full-Stack AI’ Strategy to Accelerate AI Transformation for South Korean Enterprises

SEOUL — Google has officially unveiled its comprehensive "Full-Stack AI Strategy" customized to support and fast-track the artificial intelligence transformation (AX) of South Korean

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Argentine Agrees to $20 Billion Stabilization Program with IMF: Analysis of Success Potential and Risk Factors: BUENOS AIRES – The Argentine government has entered the third phase of its economic stabilization plan by agreeing to a $20 ...; Pedro Espinola Special Correspondent 2025.05.03

Paraguay Small Online Stores Usher in Era of Simple Payments with QR Codes: Bancard, Paraguay's leading payment network, has announced the official support for QR code payments for online stores of all size ...; Global Economic Times Reporter 2025.05.03

Upscale Asunción Restaurant El Elegido Takes a New Leap Forward with Menu Revamp and All-Day Concept: El Elegido, a high-end restaurant located at the intersection of Denis Roa and Austria Streets in the central business district of ...; Ana Fernanda Reporter 2025.05.03

Chungcheongnam-do Province to Expand Economic and Human Exchange with Uzbekistan: Chungcheongnam-do Province, together with the Chungnam Northern Chamber of Commerce and local business leaders, conducted a 2-nigh ...; HONG MOON HWA Senior Reporter 2025.05.02

World-OKTA Rebrands as 'World Korean Economic and Trade Association' to Reflect Evolving Role: Andong, South Korea – The World Federation of Overseas Korean Traders Associations (World-OKTA), a prominent organization re ...; KO YONG-CHUL Reporter 2025.05.01

Sri Lankan Delights Take Center Stage at Food and Hotel Asia Exhibition in Singapore: Singapore - Ceylon tea, a globally renowned beverage, alongside a diverse array of coconut products and natural drinking water fro ...; Desk 2025.05.01

Singapore's F&B Sector Faces Contraction After a Year of Growth, But Opportunities Remain, Says OCBC: Singapore - Singapore's Food and Beverage (F&B) industry is experiencing a slowdown, marked by market saturation and a challen ...; Eugenio Rodolfo Sanabria Reporter 2025.05.01

Andong Mayor Kwon Ki-chang Urges Tourism as an Act of Charity Following Devastating Wildfires: Andong, South Korea - In a press conference held in conjunction with World OKTA (Overseas Korean Traders Association) President Pa ...; KO YONG-CHUL Reporter 2025.04.30

Yecheon Agri-Food Products Set Stage for Global Expansion at Andong Korea Business Expo: Andong, South Korea – Yecheon County, North Gyeongsang Province, is making significant strides towards entering the global m ...; KO YONG-CHUL Reporter 2025.04.30

World-OKTA's Andong Korea Business Expo Secures $84 Million in Deals, Demonstrating Global Korean Economic Network Power: ANDONG, SOUTH KOREA - The World Korean Traders Association (World-OKTA) concluded its 2025 World Representatives Convention and Ko ...; KO YONG-CHUL Reporter 2025.04.30

Resilient Beauty Salons and Lodging Outshine Struggling Online Retail and Cosmetics in South Korean Startup Survival Rates: SEOUL, South Korea - New data released by South Korea's National Tax Service reveals a stark contrast in the survival rates of var ...; Kim Sungmoon Reporter 2025.04.30

Trump Jr. Holds High-Profile Meetings with South Korean Business Tycoons Amidst U.S. Trade Concerns: SEOUL – Donald Trump Jr., the eldest son of the former U.S. President, arrived in South Korea on Tuesday at the invitation o ...; Eunsil Ju Reporter 2025.04.30

Andong Intensifies Crackdown on Illegal Use of Local Currency to Bolster Regional Economy: Andong, South Korea – Andong City is set to launch a comprehensive 22-day crackdown on the illicit circulation of its popula ...; KO YONG-CHUL Reporter 2025.04.30

Fila Accelerates China Expansion with New Flagship Store Launch: Global sportswear brand Fila is intensifying its efforts to conquer the Chinese market with the grand opening of a new flagship st ...; Eugenio Rodolfo Sanabria Reporter 2025.04.30

Jin Air Resumes Incheon-Qingdao Flights, Boosting Travel Options and Tourism: SEOUL, South Korea – Jin Air, a prominent South Korean low-cost carrier, has announced the resumption of its Incheon-Qingdao ...; KO YONG-CHUL Reporter 2025.04.30

World-OKTA Aims to Be Gateway for Korean SMEs' Global Expansion at Andong Expo: Andong, South Korea – The World Federation of Korean Trade Associations (World-OKTA) has declared its commitment to becoming ...; KO YONG-CHUL Reporter 2025.04.28

JD.com Enters Korean E-commerce Arena with Blitzkrieg Logistics, Threatening Local Players: SEOUL, SOUTH KOREA – E-commerce giant JD.com, often dubbed 'China's Amazon,' has officially launched its full-fledged operat ...; Min Gyu Mi Reporter 2025.04.28

Lotte GRS Expands Restaurant Portfolio with Downtown Debut of Japanese Ramen Brand 'Mukyoku': SEOUL, South Korea – Lotte GRS, the prominent food service franchise arm of South Korean conglomerate Lotte Group, has annou ...; KO YONG-CHUL Reporter 2025.04.28

Sejong City Hosts Japanese Parliamentarians for Smart City, Balanced Development Talks: SEJONG CITY – Mayor Choi Min-ho of Sejong Special Self-Governing City welcomed a delegation of Japanese parliamentarians fro ...; HONG MOON HWA Senior Reporter 2025.04.28

Incheon Bakeries Busted for Storing Expired Ingredients, Violating Food Safety Laws: INCHEON, SOUTH KOREA - Authorities in Incheon have cracked down on several food establishments, including prominent bakery cafes, ...; KO YONG-CHUL Reporter 2025.04.28