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

Industry

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MIC Announcement: Paraguayan Microenterprises' Average Lifespan is 8 Years; Urgent Need for Financial Access and Digital Transformation Support: ASUNCIÓN, Paraguay – According to an announcement by the Ministry of Industry and Commerce (MIC), the average lifespa ...; Desk 2025.04.15

Paraguay Seeks Industrial Competitiveness Enhancement, Sharing Industrial Complex Development Experiences with Japan and Mexico: ASUNCIÓN, Paraguay – Officials from Paraguay's Ministry of Industry and Commerce (MIC) recently held high-level meeti ...; Ana Fernanda Reporter 2025.04.15

Singapore Shifts Tourism Strategy from 'Quantity' to 'Quality', Aims for 68 Trillion Won in Tourism Revenue by 2040: The Singapore Tourism Board (STB) announced last Friday that it would shift the central focus of its tourism policy from 'quantity ...; Hwang Sujin Reporter 2025.04.14

Singapore Lowers Growth Forecast Amid Trump Tariff Concerns, Signaling Economic 'Warning Lights': Singapore is bracing for the economic fallout from U.S. President Donald Trump's "reciprocal" tariff policies, with the government ...; Pedro Espinola Special Correspondent 2025.04.14

Singapore Introduces Digital Platform for Quality Inspection of Imported Fresh and Chilled Fruits and Vegetables: Enhancing Food Safety and Efficiency: As Singapore continues its journey as a digitally empowered nation, it has launched a new e-Service platform to modernize and stre ...; Eugenio Rodolfo Sanabria Reporter 2025.04.14

Will Singapore's M&A Opportunities Persist Amid Trump-Induced Trade Tensions?: Despite increased market volatility stemming from US President Donald Trump's protectionist trade policies, some experts anticipat ...; Eunsil Ju Reporter 2025.04.14

Klook and Singapore Tourism Board Ink 3-Year Partnership, Accelerating Push to Become a Global Tourism Hub: Klook, a leading travel activity and service platform in Asia, and the Singapore Tourism Board (STB) have forged a strategic three ...; Yim Kwangsoo Correspondent 2025.04.14

US Agriculture Secretary Announces Suspension of Argentine Meat Imports... Strengthening Protectionism: US Agriculture Secretary Brooke Rollins officially announced in a Fox News interview that the United States will no longer import ...; Sharon Yoon Correspondent 2025.04.14

Paraguay Welcomes Visitors at Osaka Expo Opening with 'Connecting Energy' Showcase: OSAKA, JAPAN – The Paraguay Pavilion drew considerable attention from visitors on its opening day at the Osaka Expo, which c ...; KO YONG-CHUL Reporter 2025.04.14

First Export of 33.8 Tons of Paraguayan Persimmons (Caqui) to the European Market… Enhanced Quality Inspection: Technical staff from the National Service for Quality and Plant Health and Seed Management (Senave) in the Misiones region of Para ...; Hwang Sujin Reporter 2025.04.14

Paraguay to Participate in São Paulo International Tourism Fair, Accelerating Efforts to Tap into the Latin American Market: The National Tourism Secretariat of Paraguay (Senatur) will participate in the international tourism fair 'WTM Latin America (Worl ...; KO YONG-CHUL Reporter 2025.04.14

Paraguayan State-Owned Liquor Company CAPASA Achieves Remarkable Re-entry into International Market After 30 Years: Paraguayan Alcohol Inc. (CAPASA), the state-owned liquor company of Paraguay, is officially exporting Paraguayan sugarcane distill ...; Graciela Maria Reporter 2025.04.14

Taiwan Premier Cho Vows Strong Crackdown on False Country-of-Origin Labeling: Yesterday, Taiwan Premier Cho Jung-tai emphasized that "Made in Taiwan (MIT) products must genuinely be manufactured in Taiwan," v ...; Eugenio Rodolfo Sanabria Reporter 2025.04.14

2025 Osaka Expo Opens… Message of "Unity and Hope": Osaka, Japan – The 2025 Osaka Expo grandly opened yesterday with a message of "unity and hope." With the participation of 16 ...; Eugenio Rodolfo Sanabria Reporter 2025.04.14

Trump Exempts Smartphones, Computers, and Semiconductors from 'Reciprocal' Tariffs… Positive Outlook for Electronic Giants like Apple and Samsung: The decision by the US administration under President Donald Trump to exclude major electronic products such as smartphones and co ...; Desk 2025.04.14

Duty-Free Industry Sees Positive Ripple Effect as Lotte Duty Free Halts Daigou Transactions: Seoul, South Korea – A positive shift is being observed within the South Korean duty-free industry as Lotte Duty Free has co ...; Desk 2025.04.14

South Korea Urges US Against Copper Tariffs, Citing Potential Harm to Bilateral Investment: SEOUL, South Korea – The South Korean government has formally requested the United States to refrain from imposing tariffs o ...; Desk 2025.04.14

Daegu Seeks Companies for Future Mobility Technology Development Project: Daegu, South Korea – The Daegu Metropolitan City has announced a call for applications from companies to participate in its ...; Desk 2025.04.14

Korea National Railway Hosts Salvadoran Officials for Pacific Railway Feasibility Study Training: Daejeon, South Korea – The Korea National Railway (KNR) announced today that it held a training program for railway officia ...; KIM YOUNG MIN 2025.04.14

SK On's Georgia Plant Transforms Small US Town into Tech Hub: Commerce, Georgia – Once a quintessential small American town where residents primarily engaged in agriculture and warehousi ...; Yim Kwangsoo Correspondent 2025.04.14