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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Hancom Accelerates AI Transformation, Aims to Revolutionize Document Creation: Seoul, South Korea – Hancom, a leading South Korean software company, is rapidly evolving into an AI-centric organization. T ...; Desk 2025.01.01

Multiple Crises Plunge South Korea's Gangwon Province into Economic Turmoil: Gangwon, South Korea – A confluence of crises has sent South Korea's Gangwon Province into economic turmoil, leaving small b ...; ONLINE TEAM 2025.01.01

Ulsan's Manufacturing Soars, While Consumption Lags: Ulsan, South Korea – Ulsan’s manufacturing sector continued its upward trajectory in November, marking eight consecuti ...; Global Economic Times Reporter 2024.12.31

South Korea Expands Convenience Facilities in Port Hinterland Complexes: SEOUL, South Korea – The Ministry of Oceans and Fisheries has announced a significant overhaul of regulations governing port ...; Desk 2024.12.31

Gyeongnam Province Drives Innovation in Seafood Processing: Tongyeong, South Korea – In a bid to elevate the province's fishery industry, Gyeongnam, South Korea's second-largest seafoo ...; Desk 2024.12.31

Yangsan City Offers Financial Lifeline to Struggling Small Businesses: Yangsan, South Korea – In a bid to alleviate the financial burdens faced by small businesses amidst the prolonged economic d ...; KO YONG-CHUL Reporter 2024.12.31

Hwangsangjumin, a Korean Soy Bean Mousse Producer, Sees a 3-Fold Increase in Sales After Participating in a Government-Supported Online Sales Program: Yeoncheon, South Korea – Hwangsangjumin, a local company producing "Joseon Kong Mousse" made from domestically grown soybean ...; Global Economic Times Reporter 2024.12.31

13 New Industries to Issue Cash Receipts in South Korea Starting Next Year: Seoul, South Korea – The South Korean government has announced that 13 new industries will be mandated to issue cash receipt ...; Desk 2024.12.31

BYD Set to Shake Up South Korea's Electric Vehicle Market: Seoul, South Korea – Chinese electric vehicle giant BYD is poised to make significant waves in South Korea's competitive aut ...; Ana Fernanda Reporter 2024.12.30

Delinquency Rates Soar to Record Highs in South Korea's Large Loan Shark Industry: Seoul, South Korea – South Korea's large loan shark industry is facing a crisis as delinquency rates have surged to unpreced ...; KO YONG-CHUL Reporter 2024.12.30

South Korea's Exports to the Philippines Expected to Soar Following FTA Implementation: Manila, Philippines – The implementation of the South Korea-Philippines Free Trade Agreement (FTA) on December 31 is poised ...; Ana Fernanda Reporter 2024.12.30

K-Content in High Demand as Southeast Asian OTT Market Booms: Seoul, South Korea – The global streaming landscape is undergoing a significant transformation, with South Korean content, o ...; KO YONG-CHUL Reporter 2024.12.29

Shinsegae Unveils Comprehensive Value Enhancement Plan: Shinsegae, a leading South Korean retail conglomerate, has announced a comprehensive value enhancement program aimed at boosting i ...; Desk 2024.12.29

Jincheon County Achieves Record-Breaking Investment Attraction for Ninth Consecutive Year: Jincheon, South Korea – Jincheon County has once again set a new benchmark in investment attraction, surpassing its annual g ...; HONG MOON HWA Senior Reporter 2024.12.29

Louis Vuitton and Takashi Murakami Reunite for a Vibrant 20th Anniversary Collection: Paris, France – Luxury fashion house Louis Vuitton has unveiled a highly anticipated collaborative collection with renowned ...; Eugenio Rodolfo Sanabria Reporter 2024.12.29

Korean Retailers Offer Deep Discounts for Year-End Shopping Spree: Seoul, South Korea – As 2024 draws to a close, major retailers in South Korea are rolling out a plethora of year-end sales a ...; KO YONG-CHUL Reporter 2024.12.28

Egypt Tightens Car Import Regulations Amid Economic Headwinds: Cairo, Egypt – The Egyptian government has recently introduced new regulations for car imports, aiming to stabilize the dome ...; Global Economic Times Reporter 2024.12.28

Beloved Characters Popeye and Tintin Enter the Public Domain: A new era is dawning for fans of classic cartoons and literature. Beloved characters Popeye and Tintin, along with iconic works su ...; ONLINE TEAM 2024.12.28

Soaring Exchange Rate Sends Shockwaves Through South Korea's Industries: Seoul, South Korea – The won-dollar exchange rate has surged to unprecedented levels following the December 3rd emergency de ...; Desk 2024.12.28

Hungary Caps Guest Worker Permits to 35,000 in 2025: Budapest – Minister for National Economy Márton Nagy has decided to cap the maximum number of guest worker residence ...; Eugenio Rodolfo Sanabria Reporter 2024.12.27