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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Hyundai Mobis Hosts Annual 'M-Pils Festa' to Celebrate Employee Innovation: Yong-in, South Korea – Hyundai Mobis, a leading automotive parts supplier, held its annual 'M-Pils Festa' on December 23rd, ...; Global Economic Times Reporter 2024.12.26

Hyundai AutoEver Partners with Incheon International Airport to Enhance Mobility Services: Incheon, South Korea – Hyundai AutoEver, a leading IT services company, has announced a new partnership with Incheon Interna ...; Desk 2024.12.26

Kia Unveils Innovative Compact SUV, Syros, in India: New Delhi, India – Kia Corporation has unveiled its latest innovation, the Syros, a sub-4-meter compact SUV, making its glob ...; Eugenio Rodolfo Sanabria Reporter 2024.12.26

LG to Showcase New Plant-Growing Appliances at CES 2025: Seoul, South Korea – LG Electronics announced today that it will unveil two new concept designs for its plant-growing applia ...; Desk 2024.12.26

Samsung to Unveil Eco-Friendly Home Heating System at CES 2025: Seoul, South Korea – Samsung Electronics announced today that it will unveil its Eco Heating System (EHS) at the upcoming Co ...; Desk 2024.12.26

AI-Generated Reviews Flood Online Marketplaces, Blurring the Lines Between Genuine and Fake: The rise of AI-powered tools capable of generating highly detailed, original online reviews with minimal effort has thrust busines ...; Eugenio Rodolfo Sanabria Reporter 2024.12.25

Oudomxay Province Grants Private Company Bamboo Concession Rights: Oudomxay, Laos - On December 20th, Oudomxay Province signed a concession agreement with Ammata Lao Lanexang Co., Ltd., a private c ...; Graciela Maria Reporter 2024.12.25

Saudi Arabia's Non-Oil Exports Surge 12.7% Amidst Economic Diversification Drive: RIYADH - Saudi Arabia's non-oil exports saw a significant 12.7% year-on-year increase in October, reaching SR25.38 billion ($6.76 ...; Pedro Espinola Special Correspondent 2024.12.25

South Korea Launches New Hotline for AI-Related Harms: Seoul, South Korea – The Ministry of Science and ICT (MSIT) and the Korea Internet & Security Agency (KISA) have jointly ...; Eugenio Rodolfo Sanabria Reporter 2024.12.25

Safest Cars in Korea: Kia EV3, Volvo S60, Mercedes-Benz E200 Top the List: Seoul, South Korea – The Ministry of Land, Infrastructure and Transport, along with the Korea Transportation Safety Authorit ...; KO YONG-CHUL Reporter 2024.12.25

Public Transport Discounts Extended for Six More Months: Madrid, Spain – The Spanish government has announced a six-month extension of public transport discounts, effective from tom ...; Graciela Maria Reporter 2024.12.24

Honda and Nissan to Merge in Bid to Compete with Tesla: Tokyo, Japan – Japanese automakers Honda and Nissan announced on Monday plans to merge, forming the world's third-largest au ...; ONLINE TEAM 2024.12.24

Cyber Threats Pose Growing Danger to South Korean SMEs: Seoul, South Korea – The frequency of cyberattacks in South Korea is on the rise, with small and medium-sized enterprises (S ...; Desk 2024.12.23

LH Rushes to Meet Housing Construction Goal, Raises Concerns Over Paperwork-Only Completions: Seoul, South Korea – The Korea Land and Housing Corporation (LH) has managed to meet its target of starting construction on ...; Desk 2024.12.23

South Korea Faces Export Challenges Amidst Global Uncertainty: Seoul, South Korea – South Korea's export-driven economy is facing significant headwinds as global uncertainties mount, coup ...; Desk 2024.12.22

South Korea Boosts Export Voucher Program to Aid SMEs: South Korea’s government is set to significantly expand its Export Voucher program in the coming year, aiming to provide mor ...; Hwang Sujin Reporter 2024.12.22

GS Construction Pioneers Onshore Salmon Farming in South Korea: GS Construction has made a significant stride in sustainable aquaculture by successfully completing the construction of South Kore ...; Global Economic Times Reporter 2024.12.22

Kia Unveils Compact SUV 'Syros' in India, Targeting Emerging Markets: Kia Corporation, a leading automotive manufacturer, has made a significant stride in the global compact SUV market with the launch ...; KO YONG-CHUL Reporter 2024.12.22

Cuba's Rice Crisis: A Centuries-Long Struggle: Havana, Cuba – For Cubans, putting rice on the table has become a daily struggle that few can overcome, especially in recent ...; Eugenio Rodolfo Sanabria Reporter 2024.12.22

Colombia Greenlights Deepest Offshore Drilling Project: Santa Marta, Colombia – Colombia’s National Environmental Licensing Authority (ANLA) has given the final go-ahead for ...; Ana Fernanda Reporter 2024.12.22