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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Fermented Skate to be Designated as Traditional Seafood, Paving the Way for Global Market Entry: Korean Traditional Food Set for International Expansion with Government SupportBucheon, South Korea – The Korean traditional ...; Yim Kwangsoo Correspondent 2025.02.17

Financial Watchdog Urges Consumers to Understand the Fine Print of Mobile Phone Insurance: SEOUL – The Financial Supervisory Service (FSS) has issued an advisory to consumers, emphasizing the importance of fully und ...; Hwang Sujin Reporter 2025.02.17

U.S. LNG Imports Emerge as Key Bargaining Chip Amidst Trump's Trade Pressure: As U.S. President Donald Trump's trade pressure intensifies, importing U.S. liquefied natural gas (LNG) has emerged as a key barga ...; Graciela Maria Reporter 2025.02.17

Eyeglass-shaped hearing aid to be released in the US market in the first quarter of 2025: Good news for people with hearing impairments who have hesitated to wear traditional hearing aids due to discomfort and the attent ...; Hwang Sujin Reporter 2025.02.16

Bulguksa Temple Receives Largest Government Support for Free Admission Policy: Bulguksa Temple has emerged as the biggest beneficiary of the government's free admission policy for cultural heritage sites, rece ...; Desk 2025.02.16

7-Eleven Debuts "Ma La Mapo Tofu Rice Bowl" in Chef Collaboration: 7-Eleven has released a new chilled ready-to-eat meal, the "Ma La Mapo Tofu Rice Bowl," in partnership with celebrity chef Park Eu ...; Hwang Sujin Reporter 2025.02.16

Famous Travel YouTuber 'Pani Bottle' Criticizes Problems During Gyeongju Trip: Gyeongju, South Korea – Famous travel YouTuber 'Pani Bottle' (Park Jae-han), who has 2.39 million subscribers, recently uplo ...; Hwang Sujin Reporter 2025.02.16

Starbucks Korea's Valentine's Day Pink Reusable Cup Event Creates a Frenzy: Suwon, South Korea – Starbucks Korea's Valentine's Day promotion, offering a free pink reusable cup with the purchase of sel ...; Hwang Sujin Reporter 2025.02.15

Santa Elena Bakery: A Sweet Success Story Facing Bitter Challenges: In the heart of Medellín, Colombia, amidst the vibrant energy of Carrera Bolívar and Calle Barbacoas, stands a culin ...; Hwang Sujin Reporter 2025.02.14

Valentine's Day Spending in Peru Projected to Reach $165 Million: LIMA – Valentine's Day is a significant boon for retailers in Peru, and this year's campaign, taking place in the first half ...; Pedro Espinola Special Correspondent 2025.02.14

Mercadona Maintains Dominant Position in Spanish Grocery Market Amidst Growing Competition: Madrid, Spain – Mercadona has solidified its leading position in the Spanish grocery retail market in 2024, achieving the hi ...; Graciela Maria Reporter 2025.02.14

MasOrange Reports €7.388 Billion Revenue in 2024, a 1.5% Increase, with Adjusted EBITDA Up Nearly 11%: Madrid, Spain – MasOrange, the telecommunications company formed from the merger of Orange and MásMóvil in Spa ...; Graciela Maria Reporter 2025.02.14

Isuzu Showcases Modern Transport Technologies in Dodoma Exhibition: DODOMA – AI Mansour Auto EA Tanzania, the official dealer and distributor of Isuzu vehicles in Tanzania, has launched a thre ...; Hee Chan Kim Reporter 2025.02.14

Tanzania to Launch Fifth Oil and Gas Exploration Licensing Round: NEW DELHI – Tanzania has announced its plans to launch the Fifth Licensing Round for oil and gas exploration blocks in its d ...; Hee Chan Kim Reporter 2025.02.14

Taian International Horticultural Healing Expo Bolsters Global Recognition Organizing Committee Appoints 47 Overseas PR Ambassadors at AIPH Spring Meeting in Thailand: Taian, South Korea – The organizing committee for the 2026 Taian International Horticultural Healing Expo has taken a signif ...; HONG MOON HWA Senior Reporter 2025.02.14

Banks Accelerate 'Branch Diet', Focusing on Efficiency and Digital Services: Banks are rapidly reducing the number of their physical branches to improve efficiency by cutting costs and strengthening their no ...; Hwang Sujin Reporter 2025.02.14

LG Innotek to Showcase Innovative Vehicle Lighting Technology at DVN Lighting Workshop: SEOUL – LG Innotek announced on February 12th that it will be participating in the 34th DVN Lighting Workshop in Munich, Ger ...; KO YONG-CHUL Reporter 2025.02.13

Shinsegae Department Store's Sweet Park Celebrates First Anniversary with Dessert Festival: Shinsegae Department Store announced on the 13th that its dessert specialty hall, Sweet Park, located in its Gangnam branch, has c ...; Hwang Sujin Reporter 2025.02.13

Hyundai surpasses Toyota in Brazil's car sales, ranking 4th: Hyundai Motor has overtaken Toyota in car sales in the Brazilian market, rising to 4th place. According to the automotive industr ...; Graciela Maria Reporter 2025.02.12

Yuhan Corporation Achieves Record Sales of 2 Trillion KRW: Yuhan Corporation announced on February 12th that its consolidated sales for the past year were provisionally estimated at 2,067.8 ...; Desk 2025.02.12