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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Peru Achieves Near Gender Parity in Civil Service, But Challenges Remain: LIMA, Peru - Peru has made significant strides in increasing female participation in its civil service, aligning with commitments ...; Pedro Espinola Special Correspondent 2025.03.08

Samson Mow Reaffirms Commitment to El Salvador Amidst Bitcoin Policy Clarifications: SAN SALVADOR – Samson Mow, the CEO of JAN3 and a prominent figure in the Bitcoin community, has clarified his stance on inve ...; Graciela Maria Reporter 2025.03.08

El Salvador Customs Forges Strategic Alliances to Streamline International Trade: San Salvador, El Salvador – The General Directorate of Customs (DGA) is making significant strides in its mission to enhance ...; Graciela Maria Reporter 2025.03.08

Ecobank Supercharges 'Ellevate' to Close Africa's Gender Finance Gap: DAR ES SALAAM – In a bold move to bridge the persistent gender financing gap that hinders the growth of women entrepreneurs ...; Hee Chan Kim Reporter 2025.03.08

Tanzania Grants Historic Mining License to Helium One Global for Southern Rukwa Project: RUKWA, TANZANIA – Helium One Global, a leading helium exploration company in Tanzania, has received a landmark offer letter ...; Hee Chan Kim Reporter 2025.03.08

Mellitah Oil & Gas Prevents Major Gas Supply Disruption After Containing Offshore Leak: Tripoli, Libya – Mellitah Oil & Gas Company has successfully contained a critical hydraulic control fluid leak at the ea ...; Ana Fernanda Reporter 2025.03.08

Brazil's Exports to Libya Surge, Driven by Robust Food Sector Growth: Brasília, Brazil – Brazilian exports to Libya have experienced a significant upswing at the start of 2025, with a 22. ...; Ana Fernanda Reporter 2025.03.08

UK Reinforces Commitment to Libya's Oil Sector Amidst New Exploration Bid: Tripoli, Libya – The United Kingdom has reiterated its steadfast support for Libya's National Oil Corporation (NOC) and its ...; Ana Fernanda Reporter 2025.03.08

Libya's Oil Landscape Fractures as Private Firm Arkenu Challenges State Control, Fueling Economic and Political Instability: Benghazi, Libya – A seismic shift is underway in Libya's oil-rich landscape, as the emergence of private firms threatens to ...; Ana Fernanda Reporter 2025.03.08

Suwon City Launches AI-Powered Trade Platform to Boost SME Exports: Suwon, South Korea – Suwon City, under the leadership of Mayor Lee Jae-jun, has announced the launch of its innovative 'Suwo ...; Desk 2025.03.07

InterBattery 2025 Concludes with Record-Breaking Attendance, Signaling a Battery Super Cycle: Seoul, South Korea – The global battery exhibition, InterBattery 2025, has successfully concluded its three-day event on Mar ...; KO YONG-CHUL Reporter 2025.03.07

Goseong County Accelerates Deep Sea Water Industry Development to Boost Local Economy: Goseong County is making significant strides in developing its deep sea water industry as a core component of its regional economi ...; Yim Kwangsoo Correspondent 2025.03.07

Romantic Taxi Service Offers Discounted Rides for Tourists in Hoengseong: Hoengseong, South Korea – The Hoengseong Culture & Tourism Foundation has launched a "Romantic Taxi" service to provide ...; Hwang Sujin Reporter 2025.03.07

Ramen Prices Surge, Cost of Living Alarms in Gangwon Province: A surge in ramen prices, now exceeding 1,000 won, coupled with a three-month consecutive rise in Gangwon Province's consumer price ...; Desk 2025.03.07

Mitsubishi UFJ Financial Group to Open New Branches After 20 Years: Tokyo, Japan - Mitsubishi UFJ Financial Group (MUFG), one of Japan's three megabanks, is set to open new branches in Tokyo and Osa ...; Eugenio Rodolfo Sanabria Reporter 2025.03.07

Woori Bank Enters Mobile Virtual Network Operator (MVNO) Market, Expanding Beyond Traditional Banking: Woori Bank is set to launch its mobile virtual network operator (MVNO) service, "Woori WON Mobile," next month, marking a signific ...; Hwang Sujin Reporter 2025.03.07

Hanjin KAL Faces Scrutiny Over Executive Pay Amidst Public Aid and Rising Consumer Complaints: Hanjin Group's holding entity, Hanjin KAL, is under intense scrutiny for its repeated escalation of executive compensation ceiling ...; Desk 2025.03.07

Trump's Semiconductor Law Repeal Threat: A Strategic Move to Pressure Korean Firms: Washington D.C. - Former U.S. President Donald Trump's recent remarks singling out South Korea and advocating for the repeal of th ...; Hannah Yeh Reporter 2025.03.06

Korea Chamber of Commerce and Industry Launches Women Entrepreneurs Committee to Strengthen Female Leadership in the Korean Economy: The Korea Chamber of Commerce and Industry (KCCI) has taken a significant step towards strengthening female leadership in the Kore ...; Hwang Sujin Reporter 2025.03.06

K-Rail's Maintenance Expertise Expands Globally, Securing Landmark Deals in Morocco and Uzbekistan: SEOUL, South Korea – Korea Railroad Corporation (KORAIL) has announced a series of significant international contracts, soli ...; KO YONG-CHUL Reporter 2025.03.06