Global Economic Times

2026.07.22 (Wed)
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Zeekr Celebrates 5th Anniversary by Setting New Guinness World Record for Electric Vehicle Drifting

SEOUL — Zeekr, the premium electric vehicle (EV) brand under China's Geely Holding Group, has marked its fifth anniversary with a historic milestone. The company announced on July 17 that it
Robots Preserving the Taste of Kyochon’s ‘Honey Combo’: Automated Frying and Batter Dispensing Expand Nationwide

SEOUL — Kyochon F&B, the operator of South Korea's pioneer fried chicken franchise Kyochon Chicken, is rapidly expanding the integration of collaborative cooking robots and automated bat

South Korea Sets 2027 Minimum Wage at 10,700 KRW per Hour, Rebounding to 3.7% Increase After Intense Negotiations

SEJONG — South Korea’s minimum wage for 2027 has been officially finalized at 10,700 KRW (approximately $7.80 USD) per hour, marking a 3.7% increase (380 KRW) from the 2026 rate of 10,320

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China's Stubborn Youth Unemployment Rate Poses Growing Threat Ahead of Record Graduation Season: BEIJING – China's youth unemployment rate, a persistent economic and social challenge, edged down for the third consecutive ...; Greace Nunez Correspondent 2025.06.20

Cheongna International City: Emerging as a New Mixed-Use Development Hub in the 2030s: Much like New York's Hudson Yards, Berlin's Potsdamer Platz, and Tokyo's Azabudai Hills, Cheongna International City is poised to ...; Desk 2025.06.19

South Chungcheong Province Commits ₩3.1 Trillion to Ambitious Air Pollutant Reduction Initiative: CHUNGCHEONGNAM-DO, South Korea – South Chungcheong Province, a major industrial hub in South Korea, is embarking on an exten ...; KIM YOUNG MIN 2025.06.19

South Korea Secures $120 Million Foreign Investment in Semiconductor Materials Sector: CHUNGCHEONGNAM-DO, South Korea – Chungcheongnam Province (Chungnam) has successfully attracted $120 million in foreign inves ...; HONG MOON HWA Senior Reporter 2025.06.19

Local Support Surges for Jicheon Climate-Resilient Dam Project: CHEONGYANG/BUYEO, CHUNGNAM PROVINCE – A recent survey commissioned by the Jicheon Dam Regional Consultative Body reveals ove ...; HONG MOON HWA Senior Reporter 2025.06.19

South Korea's Construction Sector Faces Deep Freeze as Job Losses Mount: SEOUL, South Korea – South Korea's construction industry is grappling with an unprecedented downturn, triggering widespread ...; Kim Sungmoon Reporter 2025.06.18

Hyundai Rotem Unveils K-Rail Blueprint at Busan International Railway Technology Fair: BUSAN, South Korea – Hyundai Rotem today unveiled its ambitious "K-Rail" roadmap, outlining its strategic direction to lead ...; ONLINE TEAM 2025.06.18

Cheonan City Urges National Inclusion of Jungbu-Transverse Railroad Project Amidst Growing Public Consensus: Cheonan City, South Korea – Cheonan City is intensifying its efforts to advocate for the Jungbu-Transverse Railroad project' ...; HONG MOON HWA Senior Reporter 2025.06.18

Samcheok City Provides Customized Comprehensive Consulting for Hanwoo Farms: SAMCHEOK, South Korea – The Samcheok City Agricultural Technology Center has implemented a tailored comprehensive consulting ...; KO YONG-CHUL Reporter 2025.06.18

Hankook Tire Secures 13th Consecutive 'Best Korea Brand' Recognition, Driven by EV and High-Performance Innovations: Seoul, South Korea – Hankook Tire & Technology, a leading global tire manufacturer, announced today its distinguished in ...; Desk 2025.06.17

Paraguay's San Pedro Region Accelerates Dairy Production Revitalization: Dairy producers in the San Pedro region, in collaboration with the Ministry of Agriculture and Livestock (MAG), are actively engag ...; Ana Fernanda Reporter 2025.06.17

Paraguay's Industries Anticipate Accelerated Growth Through BID Invest: A surge of vitality is sweeping through Paraguay's industrial sector following the Inter-American Development Bank (IDB) Group's p ...; Ana Fernanda Reporter 2025.06.17

Paraguay's Forestry Sector Flourishes with Record Exports and Surging Investment: Paraguay's forestry sector is experiencing unprecedented growth, transforming into a "thriving business" thanks to historical expo ...; Eugenio Rodolfo Sanabria Reporter 2025.06.17

Buenos Aires Subway Faces Deepening "Citizen Disregard" as Soaring Fares Drive Steep Decline in Ridership: BUENOS AIRES – Argentina's capital, Buenos Aires, which was the first city in Latin America to introduce a subway system, is ...; Ana Fernanda Reporter 2025.06.17

MAFRA-KOTRA Host '2025 Southeast Asia Smart Farm Roadshow’: The Ministry of Agriculture, Food and Rural Affairs (Minister Song Mi-ryung) and KOTRA (President Kang Gyeong-seong) successfully ...; KO YONG-CHUL Reporter 2025.06.16

Ulsan Transforms Vacant Properties into Vibrant Community Assets: ULSAN, South Korea – As rural and regional areas across South Korea grapple with a growing exodus of residents, Ulsan City i ...; Hwang Sujin Reporter 2025.06.16

Ulsan Seeks European Investment, Touts Green Energy Hub Ambitions in Sweden: Ulsan, South Korea – A high-level investment delegation from Ulsan Metropolitan City recently wrapped up a significant visit ...; KO YONG-CHUL Reporter 2025.06.16

Ulsan Poised to Become Northeast Asia's AI Data Hub with $7 Billion Amazon-SK Investment: ULSAN, South Korea – Ulsan, a city historically known as South Korea's industrial powerhouse, is set to undergo a significan ...; KO YONG-CHUL Reporter 2025.06.16

Ulsan City Boosts Local SMEs with Comprehensive Design Support Program: Ulsan, South Korea – Ulsan Metropolitan City has officially launched a robust initiative to enhance the brand competitivenes ...; KO YONG-CHUL Reporter 2025.06.16

Taean International Horticulture and Healing Expo to Accelerate Domestic and International Promotion: The Organizing Committee for the 2026 Taean International Horticulture and Healing Expo (hereinafter referred to as the "Organizin ...; HONG MOON HWA Senior Reporter 2025.06.13