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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Iberostar Opens Controversial Luxury Hotel in Havana Amidst Economic Crisis: MIAMI, USA – Iberostar Cuba Hotels & Resorts has announced the grand opening of the Iberostar Selection La Habana, also ...; Hannah Yeh Reporter 2025.02.28

Mineros S.A. Announces New President After a Decade of Leadership: Medellín, Colombia - Mineros S.A., a leading Latin American gold mining company, has announced the appointment of David Lon ...; Graciela Maria Reporter 2025.02.28

Peru's Coffee Exports Reach Historic Highs, Driven by Global Demand and Quality: Peru's coffee exports have surged to unprecedented levels, exceeding US$1.1 billion in 2024, marking a 33% increase from the previ ...; Ana Fernanda Reporter 2025.02.28

Turkey's African Trade Surge: $1.5 Billion Exports in January, North Africa Dominates: ISTANBUL – Turkey's robust trade relations with Africa continue to flourish, with January exports reaching a substantial $1. ...; Eugenio Rodolfo Sanabria Reporter 2025.02.28

OKTA Trade Committee Announces "2025 4th Trade Show" in Andong: Andong, South Korea – The World Federation of Overseas Korean Traders Associations (OKTA) Trade Committee is pleased to anno ...; KO YONG-CHUL Reporter 2025.02.28

Soaring Vegetable and Fruit Prices Drive Shift to Frozen Produce in South Korea: SEOUL, South Korea - South Korea is experiencing a surge in vegetable and fruit prices, driven by this winter's severe weather con ...; ONLINE TEAM 2025.02.28

Seoul Milk Cooperative Achieves 2 Consecutive Years of 2 Trillion Won Sales: High-Quality Strategy Proves Successful: Seoul Milk Cooperative has once again proven its dominance in the dairy industry by achieving annual sales of over 2 trillion won ...; KO YONG-CHUL Reporter 2025.02.28

Jobplanet Announces '2025 Jobplanet Awards': 11 Best Companies to Work For Selected: Jobplanet, a career platform, announced on the 28th that it has selected 11 of the best companies to work for through the '2025 Jo ...; Hwang Sujin Reporter 2025.02.28

Seoul's Han River Bus Makes Its Debut, Amidst High Hopes and Lingering Doubts: The much-anticipated Han River Bus, a pet project of Seoul Mayor Oh Se-hoon, has finally arrived at the Yeouido pier, marking a si ...; KO YONG-CHUL Reporter 2025.02.28

NVIDIA Surpasses Market Expectations, Alleviating Concerns Over AI Chip Demand Slowdown: NVIDIA, a leader in the artificial intelligence (AI) semiconductor market, has released outstanding financial results that exceede ...; Eugenio Rodolfo Sanabria Reporter 2025.02.28

Nvidia's Slump and Tariff War Fears Trigger Sharp Market Decline: NEW YORK – The New York Stock Exchange experienced a significant downturn on Tuesday, with the Nasdaq Composite taking a par ...; Hannah Yeh Reporter 2025.02.28

5 Major Korean Banks See Household Loans Surge by 2.3 Trillion Won in February: The household loans of the five major commercial banks in Korea have surged by over 2 trillion won again this month. It is analyze ...; Desk 2025.02.27

Iran Imposes Export Bans on Key Agricultural Products to Stabilize Domestic Market: TEHRAN – In an effort to ensure domestic market stability, Iran's Ministry of Agriculture has issued export bans on several ...; Global Economic Times Reporter 2025.02.27

Philippine Finance Chief Advocates for US Free Trade Agreement, Open to Auto Tariff Reductions: MANILA – Philippine Finance Secretary Ralph Recto is actively pursuing a free trade agreement (FTA) with the United States, ...; Pedro Espinola Special Correspondent 2025.02.27

Philippines Exits FATF Grey List, Boosting Investor Confidence, Thanks to Stronger AML/CTF Measures: MANILA – The Philippines has been removed from the Financial Action Task Force (FATF) grey list, a development hailed by the ...; Min Gyu Mi Reporter 2025.02.27

Philippines Targets Doubled Halal Trade Revenues by 2025: MANILA – The Philippines aims to significantly boost its halal trade revenues, targeting nearly PHP16 billion by 2025, accor ...; Pedro Espinola Special Correspondent 2025.02.27

Philippine Economic Growth Projected to Accelerate in 2025, Says UBS Economist: MANILA – The Philippine economy is poised for accelerated growth in 2025, driven by increased investments and robust consume ...; Pedro Espinola Special Correspondent 2025.02.27

Alfamart Boosts MSMEs with In-Store Partnerships, Plans Luzon Expansion: MANILA – Alfamart, the convenience store chain owned by the Sy family, is actively pursuing partnerships with micro, small, ...; Graciela Maria Reporter 2025.02.27

Philippine Government Remains Key Market for Honda Marine and Propmech: MANILA – The Philippine government continues to be the largest consumer for Honda Marine and its local partner, Propmech Cor ...; Graciela Maria Reporter 2025.02.27

South Jeolla Province Invests 90 Billion KRW to Strengthen Global Competitiveness of Seafood Industry: On February 25th, South Jeolla Province announced its plan to invest approximately 90 billion KRW this year to enhance the global ...; Yim Kwangsoo Correspondent 2025.02.27