Global Economic Times

2026.03.07 (Sat)
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Hanwha Aerospace Solidifies Baltic Stronghold with $330M Defense Investment in Estonia

(C) Hanwha TALLINN – Hanwha Aerospace, South Korea’s leading defense contractor, has announced a landmark investment package in Estonia valued at approximately €260 million ($330 m
U.S. Labor Market Faces Cold Snap: Payrolls Plummet by 92,000 as Unemployment Edges Up to 4.4%

(C) CBS 42 NEW YORK — The resilient U.S. labor market hit a significant stumbling block in February, as nonfarm payrolls saw a surprise contraction and the unemployment rate climbed to its hi

Future on Three Wheels: Aptera Delivers World's First Solar-Powered Electric Vehicle

(C) KPBS SAN DIEGO — The dream of a car that never needs to be plugged in moved one step closer to reality today as California-based startup Aptera Motors officially rolled out its first produ

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LG Unveils AI-Powered Signature Appliances at CES 2025: Las Vegas, NV – LG Electronics showcased its latest lineup of premium Signature appliances at the Consumer Electronics Show ...; Global Economic Times Reporter 2025.01.01

Jeollabuk-do Apartment Prices Plunge Amidst Rising Interest Rates and Political Uncertainty: Jeonju, South Korea – Apartment prices in Jeollabuk-do province have been on a continuous decline for five consecutive weeks ...; Global Economic Times Reporter 2025.01.01

New Expressway to Boost Connectivity in Yongin: Yongin, South Korea – A major new transportation artery, the Sejong-Pocheon Expressway, is set to open on January 1st, revol ...; Desk 2025.01.01

Nostalgic Gyeonggi Line to Resume Operations After 20 Years: After a 20-year hiatus, the nostalgic Gyeonggi Line, connecting Goyang, Yangju, and Uijeongbu in northern Gyeonggi Province, is se ...; Desk 2025.01.01

Decades-Long Legal Battle Over Hot Spring Clears Way for Urban Development in Ansan: Ansan, South Korea – A protracted legal dispute over a hot spring that has stalled the development of a 80,000 square-meter ...; Desk 2025.01.01

Anyang City to Transform Gwanak Boulevard into a Thriving Business District: Anyang, South Korea – Anyang City has announced ambitious plans to redevelop the area surrounding Gwanak Boulevard, transfor ...; KO YONG-CHUL Reporter 2025.01.01

Travel and Food Service Industries in Gangwon-do Face Double Blow: Gangwon-do, South Korea – The travel and food service industries in Gangwon-do are facing a double blow following a recent a ...; Desk 2025.01.01

Gyeongnam Shipbuilders Bounce Back Amidst Global Challenges: Gyeongnam’s shipbuilding industry has experienced a resurgence in 2024, bolstered by government support and a recovering glo ...; Desk 2025.01.01

SK Gas and Korea Western Power Join Forces to Create Environmentally Friendly Heat Supply Business: Seoul, South Korea – SK Gas, a leading energy company, and Korea Western Power have announced a groundbreaking partnership t ...; Desk 2024.12.31

South Korean Ferry Companies Receive Significant Tax Relief: Seoul, South Korea – The South Korean Shipping Association (KSA) has secured a major victory for the nation's ferry industry ...; Global Economic Times Reporter 2024.12.31

Gyeongnam Province Recognizes 5 Companies for Outstanding Safety Practices: Changwon, South Korea – Gyeongnam Province has honored five companies for their exceptional efforts in preventing industrial ...; Desk 2024.12.31

South Korea to Standardize Charging Ports to USB-C, Streamline Job Applications: Seoul, South Korea – Starting February 2025, South Korea will mandate the use of USB-C charging ports for a wide range of el ...; Global Economic Times Reporter 2024.12.31

SH Corporation Seeks Designs for Guryong Village Redevelopment: Seoul, South Korea – The Seoul Housing Corporation (SH Corporation) announced today that it is seeking design proposals for ...; ONLINE TEAM 2024.12.31

Hwaseong International Theme Park Gets Green Light, Set to Become Asia's Next Landmark: Hwaseong, South Korea – Shinsegae Hwaseong, a subsidiary of Shinsegae Group, announced today that its highly anticipated Hwa ...; ONLINE TEAM 2024.12.30

Lotte Construction Secures Prestigious Yongsan Redevelopment Project: Seoul, South Korea – Lotte Construction has been awarded the contract to redevelop the iconic Yongsan Sanho Apartment, solid ...; Hwang Sujin Reporter 2024.12.30

Seoul's Hotel Redevelopment Boom Fuels Billions in Financing: Seoul, South Korea – A wave of hotel redevelopment projects in Seoul is set to bring billions of dollars into the city&rsquo ...; Desk 2024.12.30

Hanwha Breaks Ground on Seoul Station North Redevelopment Project: Seoul, South Korea – Hanwha Corporation, one of South Korea’s leading conglomerates, and Seoul Station North Redevelop ...; KO YONG-CHUL Reporter 2024.12.30

South Korea Pledges to Build World-Class New Airport: Busan, South Korea – The South Korean government and local governments of Busan, Ulsan, and Gyeongnam have joined forces to ...; KO YONG-CHUL Reporter 2024.12.30

Hyundai Engineering & Construction Pioneers Noise-Free Apartment Living with Industry-Leading Technology: Seoul, South Korea – Hyundai Engineering & Construction (H&E) has announced its groundbreaking achievement in the fi ...; ONLINE TEAM 2024.12.30

South Korea's Job Market Shows Mixed Signals in November: Seoul, South Korea – December 30, 2024 – South Korea's job market exhibited a complex picture in November, marked by b ...; ONLINE TEAM 2024.12.30