Global Economic Times

2026.04.21 (Tue)
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Inzent Partners with Canada’s Solace to Accelerate Expansion in the Financial IT Market

Inzent, a leading South Korean data platform and financial IT specialist, announced on Tuesday that it has signed a strategic Memorandum of Understanding (MOU) with Solace, a Canadian-based global lea
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

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Kazakhstan and Mongolia Strengthen Economic Ties: Astana/Ulaanbaatar – In a significant move to boost economic cooperation, Kazakh President Kassym-Jomart Tokayev visited Mon ...; Eugenio Rodolfo Sanabria Reporter 2024.11.25

Hawker Center Dispute: Customer Accuses Vendor of Rude Behavior: A dispute has erupted in Singapore after a customer accused a hawker vendor of rude behavior. Tan, a local resident, had placed a ...; Graciela Maria Reporter 2024.11.24

Customer Experience Management: A Growing Priority for Businesses: As businesses recognize the pivotal role of customer experience in driving brand loyalty and sustainable growth, the demand for ef ...; Desk 2024.11.23

Uruguay and Portugal Launch Youth Exchange Program with Special Work Visa: Montevideo – In a move to foster cultural exchange and provide opportunities for young people, the governments of Uruguay an ...; Pedro Espinola Special Correspondent 2024.11.23

Argentina to Implement Electronic Ear Tags for Cattle: Argentina is set to mandate the use of electronic ear tags for cattle starting March 2025. This initiative aims to enhance transpa ...; Eugenio Rodolfo Sanabria Reporter 2024.11.23

US Multinational to Invest $700 Million in Paraguay's Green Ammonia Production: Go-Energy Group, a US multinational corporation, has announced a $700 million investment to construct a green ammonia production f ...; Graciela Maria Reporter 2024.11.23

Kimchi Exports Soar Amidst Global Popularity and Cultural Appropriation Claims: Seoul, South Korea – Kimchi, Korea’s iconic fermented cabbage dish, is experiencing a surge in global popularity, with ...; LEE YEON SIL Reporter 2024.11.22

Atopalm, a South Korean skincare brand specializing in sensitive skin, makes its debut in Singapore’s largest retail chain, FairPrice: Neopharm, the parent company of Atopalm, announced that its sensitive skin skincare brand, Atopalm, has entered into a partnership ...; Eugenio Rodolfo Sanabria Reporter 2024.11.21

Korean Air Launches Special Flights for Frequent Flyers Using Miles: SEOUL, South Korea – Korean Air has announced the launch of special flights between Seoul and Jeju Island exclusively for pa ...; Hwang Sujin Reporter 2024.11.21

CJ CheilJedang to Invest $8 Billion in New Food Production Facilities in Europe and the US: SEOUL, South Korea – CJ CheilJedang, South Korea's largest food and biotechnology company, is set to invest approximately $8 ...; KO YONG-CHUL Reporter 2024.11.21

Hanwha Group Chairman Emphasizes R&D for Global Leadership in Shipbuilding: Seoul, South Korea – Kim Seung-yeon, chairman of Hanwha Group, visited the company’s shipbuilding subsidiary, Hanwha O ...; Desk 2024.11.20

Baek Jong-won Threatens to Relocate Yesan Market Amid Gentrification Concerns: Seoul, South Korea – Celebrity chef and restaurateur Baek Jong-won has threatened to relocate the popular Yesan Market if sk ...; Hwang Sujin Reporter 2024.11.20

Korean Laver Commands Record Prices amid Global Demand: Yeosu, South Korea – A new variety of Korean laver, "Haetbadi 1," has set a record price of 1 million won per bundle (120kg) ...; Hwang Sujin Reporter 2024.11.20

Max Streaming Service Launches in Taiwan, Intensifying Competition: Warner Bros. Discovery's streaming service, Max, has officially launched in Taiwan, marking its entry into the competitive Asian m ...; Graciela Maria Reporter 2024.11.20

Nepal and Germany Sign €10 Million Grant Agreement to Boost Power Distribution: Kathmandu, Nepal – The Government of Nepal and the Federal Republic of Germany have signed a €10 million (approximately ...; Pedro Espinola Special Correspondent 2024.11.20

AI Revolution: A Double-Edged Sword for the Job Market: The rapid advancement of artificial intelligence (AI) since 2007 has brought about a wave of both optimism and anxiety. While many ...; Ana Fernanda Reporter 2024.11.20

IPOs Drive Surge in South Korea's Equity Financing: Seoul, South Korea – South Korea saw a significant surge in equity financing in October, driven by a surge in Initial Public ...; Hwang Sujin Reporter 2024.11.18

Woori Bank Hit by Another Fraudulent Loan Scandal, Marking the Fourth Incident This Year: Seoul, South Korea – Woori Bank has once again been embroiled in a significant financial fraud scandal, marking the fourth s ...; KO YONG-CHUL Reporter 2024.11.17

HD Hyundai Accelerates Owner-Led Management with Jeong Ki-sun's Promotion: Seoul, South Korea - HD Hyundai has strengthened its owner-led management structure with the promotion of Jeong Ki-sun to Executiv ...; Hwang Sujin Reporter 2024.11.16

Samsung Electronics and Union Reach Tentative Labor Agreement Amidst Industry Rivalries: Seoul, South Korea - Samsung Electronics and the National Samsung Electronics Union (NSEU) have reached a tentative agreement on a ...; Hwang Sujin Reporter 2024.11.16