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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IDS Unveils Ensenso B: A High-Precision 3D Camera for Bin Picking: IDS Imaging Development Systems has introduced a new 3D camera, the Ensenso B, specifically designed for bin picking applications. ...; Desk 2024.11.02

Schmalz Unveils Innovative mGrip Finger Gripper for Food and Logistics Automation: Schmalz, a leading provider of automation solutions, has announced the global launch of its new mGrip finger gripper on November 1 ...; Pedro Espinola Special Correspondent 2024.11.02

Processed Rice Now Available for Wholesale on Online Market: The Ministry of Agriculture, Food and Rural Affairs announced that processed rice is now available for wholesale on the online agr ...; Global Economic Times Reporter 2024.11.02

Soybean Production in 2024 Expected to Increase Despite Lower Yields: South Korea's soybean production for 2024 is projected to reach 145,300 to 152,300 tons, marking a 2.7% to 7.6% increase compared ...; ONLINE TEAM 2024.11.02

Samsung Electronics Emphasizes AI as the Future Paradigm, Launches 'Sharing Week' Campaign: Samsung Electronics celebrated its 55th anniversary with a renewed focus on artificial intelligence (AI) as the driving force behi ...; Global Economic Times Reporter 2024.11.02

A 33-story building in the Cheonggyecheon tool market... Seoul maintenance project integrated review passed: Seoul City has given the green light to three redevelopment projects, including the Supo Urban Renewal Project, which will see the ...; Desk 2024.11.02

Incheon Urban Development Corporation “Creating Guwol iCity into a luxury city with 16,000 households”: The Incheon Metropolitan City Housing Corporation (iH) has announced that it has submitted an application for the approval of the ...; Global Economic Times Reporter 2024.11.02

New design, increasing demand for taxis... Revival of Sonata, the ‘people’s car’ 40 years since its launch: Hyundai Motor Company's midsize sedan Sonata shows signs of revival this year. Sonata, whose sales plummeted due to the decline in ...; Global Economic Times Reporter 2024.11.01

From the 9th, ‘Kosepe’… Up to 5 million won discount on electric vehicles: ‘2024 Korea Sale Festa (Kosepe)’, the largest shopping event in Korea, will be held for a total of 22 days from the 9t ...; Global Economic Times Reporter 2024.11.01

99% of non-regular workers do not have business registration… “Most of them are disguised as fake self-employed people.”: It was revealed that 8.35 million, or 99% of the 8.47 million irregular workers, including specially employed workers, platform wo ...; Global Economic Times Reporter 2024.11.01

HD Korea Shipbuilding & Marine Engineering, 6 consecutive quarters in profit: HD Korea Shipbuilding & Marine Engineering, the intermediate holding company of HD Hyundai's shipbuilding division, continued ...; ONLINE TEAM 2024.10.31

Completion of Korea’s first regional proposal-type ‘Wonju Stream Flood Control Dam’: ‘Wonjucheon Flood Control Dam (Wonjucheon Dam)’, Korea’s first regional proposed dam, was completed. The Minist ...; Desk 2024.10.31

Changing community energy ecosystem...Small and medium-sized businesses losing their place: Domestic small and medium-sized integrated energy operators are gradually losing their footing amid policy changes. Small and medi ...; ONLINE TEAM 2024.10.31

Predicting equipment failure by analyzing current patterns… Expected to increase lifespan and save energy: As the complexity of industrial sites increases, damage from facility failures is increasing. What is emerging as a solution to th ...; Desk 2024.10.31

Pyeongtaek Hyeondeok district development project, which had been adrift for 16 years, confirmed to be resumed as public development: The development project for the Hyeondeok district in Pyeongtaek, which has been dormant for a long time, is expected to resume as ...; Desk 2024.10.31

Attach solar panels to the hood and ceiling of electric vehicles and reduce charging frequency.: Solar panels can be installed on the hood and ceiling of a vehicle. A ‘vehicle solar system’ solution was exhibited a ...; ONLINE TEAM 2024.10.31

A new carbon emissions measurement method called ‘avoided emissions’ goes beyond corporations to society as a whole: Responses to the climate crisis are being made around the world, but while the prevailing assessment is that the results are minim ...; Pedro Espinola Special Correspondent 2024.10.31

Glass waste → reborn as jewelry and accessories: Eco-friendly accessories appeared at the ‘2024 Seoul International Jewelry & Accessories Show’ held at COEX in Sam ...; Hwang Sujin Reporter 2024.10.31

‘Silver Stay’ for middle-class senior citizens is coming... Homeowners can also move in: The government is introducing ‘Silver Stay’, a senior residence for middle-class seniors. It is a rental housing aimed ...; Hwang Sujin Reporter 2024.10.31

GS E&C sells 2,737-household ‘Pyeongchon Xi Firstini’ in November: GS E&C will sell ‘Pyeongchon Xi Firstini (Newtown Mansion Samho Apartment District Reconstruction)’ in November at ...; ONLINE TEAM 2024.10.31