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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BaroGo Achieves Three Consecutive Months of Profitability, Surpassing 350 Billion Won in Cumulative Revenue: Seoul, South Korea – BaroGo, a leading South Korean on-demand delivery service, announced today that it has achieved three c ...; Global Economic Times Reporter 2024.11.29

Posco Group Completes Lithium Hydroxide Plant, Securing Battery Material Supply: Yulchon Industrial Complex, South Korea – Posco Group, a leading South Korean steelmaker, has completed the construction of ...; ONLINE TEAM 2024.11.29

HD Hyundai Delivers State-of-the-Art Sejong the Great-class Destroyer to the South Korean Navy: Ulsan, South Korea – HD Hyundai has successfully delivered the Sejong the Great-class destroyer, the Jeongjo the Great, to t ...; KO YONG-CHUL Reporter 2024.11.29

South Korean Snack Food Prices Soar Amidst Rising Ingredient Costs: Seoul, South Korea – Several leading South Korean snack food manufacturers have announced price increases for a wide range o ...; KO YONG-CHUL Reporter 2024.11.29

HD Hyundai Achieves Breakthrough in Autonomous Shipping with Remote Control Integration: Ulsan, South Korea – HD Hyundai has announced a significant milestone in the development of autonomous shipping technology. ...; Desk 2024.11.29

South Korea Launches World's First Ammonia-Blended Fuel Ship: Goseong, South Korea – Ikei Heavy Industries launched the world's first ammonia-blended fuel ship on November 27th. This gro ...; Global Economic Times Reporter 2024.11.29

LG Chem Wins Prestigious Presidential Award for Innovative, Eco-Friendly Packaging Material: LG Chem, a leading global chemical company, has been awarded the prestigious Presidential Award at the 2024 Korea Industrial Techn ...; ONLINE TEAM 2024.11.29

LG H&H's Elastine Launches New Signature Blanc Musc Shampoo and Treatment: LG Household & Health Care (LG H&H), a leading South Korean cosmetics company, has announced the launch of a new addition ...; Desk 2024.11.29

CJ CheilJedang and Kurly Launch Unique Purple Sweet Potato Bungeoppang: CJ CheilJedang, a leading South Korean food company, announced today the launch of a new collaborative product with Kurly, a popul ...; Desk 2024.11.29

Kolon Industries Doubles Aramid Pulp Production, Strengthening Position in High-Value Market: Kolon Industries, a leading South Korean materials company, has successfully completed the expansion of its aramid pulp production ...; Global Economic Times Reporter 2024.11.29

Kolon Global Recognized for Technological Excellence with Dual Ministerial Awards: Kolon Global, a leading South Korean construction company, has been recognized for its technological advancements, receiving both ...; Global Economic Times Reporter 2024.11.29

Polestar 4 Starts Deliveries in South Korea: Polestar, the electric performance car brand, has begun deliveries of its first-ever electric SUV coupe, the Polestar 4, in South ...; Desk 2024.11.29

South Korean Youth Face Tough Job Market, Prioritize Work-Life Balance: Seoul, South Korea – A recent survey conducted by the Korea Employers Federation (KEF) reveals a bleak outlook for young job ...; Hwang Sujin Reporter 2024.11.29

Lotte Group Announces Major Leadership Reshuffle, Promotes Third-Generation Heir: Seoul, South Korea – Lotte Group has announced a significant leadership overhaul, marking one of the largest-scale executive ...; Desk 2024.11.29

Foreigners Own Nearly 5% of South Korea's Housing: Most Held by Chinese: Seoul, South Korea – A recent report by the Ministry of Land, Infrastructure, and Transport has revealed that foreign nation ...; Desk 2024.11.29

Korean Air and Asiana Airlines Merger Nears Completion: Seoul, South Korea – Korean Air announced on Monday that the European Commission (EC) has conditionally approved the merger ...; Desk 2024.11.29

Harmful Substances Found in Most Tattoo Inks: Seoul, South Korea – A recent study by the Korea Consumer Agency has revealed that a significant number of tattoo inks sold ...; Desk 2024.11.28

Hyundai and Kia Launch Wearable Robot to Boost Worker Safety: Seoul, South Korea – Hyundai Motor Company and Kia Corporation have unveiled a new wearable robot, the X-ble Shoulder, desig ...; Desk 2024.11.28

South Korean Court Orders Nexon to Refund Players Over Altered Game Item Drop Rates: Seoul, South Korea – In a landmark ruling, the South Korean Supreme Court has ordered Nexon, a major South Korean game devel ...; Hwang Sujin Reporter 2024.11.28

South Korea's Corporate Profitability Plunges Despite Government Efforts: Seoul, South Korea – Despite government initiatives aimed at boosting corporate value, South Korea's major companies have se ...; ONLINE TEAM 2024.11.28