Global Economic Times

2025.10.22 (Wed)
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US Ships to be Built in South Korea: Washington Considers Easing Protective Maritime Laws for Alliance Shipbuilding Cooperation

The Donald Trump administration is reportedly giving serious consideration to a measure that would partially open the US shipbuilding market to allied nations, including South Korea, according to sour
South Korea to Drastically Increase Domestic LNG Shipping Rate to 70%

SEOUL — The South Korean government is pushing a bold plan to mandate that domestic shipping companies handle 70% or more of the nation's imported Liquefied Natural Gas (LNG) transport, a si

Hyundai Motor Rises to Global Top Tier, Ranks 33rd in TIME's 'World's Best Companies 2025'

Hyundai Motor Company has dramatically affirmed its heightened international competitiveness by securing the 33rd position in TIME magazine's recent "World's Best Companies 2025" e

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Hyundai E&C Withdraws from Gadeokdo New Airport Land Reclamation Project, Citing Unrealistic Deadline: SEOUL, South Korea – Hyundai Engineering & Construction (Hyundai E&C) announced on May 30 that it will not participa ...; Hwang Sujin Reporter 2025.05.31

Northern Gyeonggi's Gyooe Line Begins Facility Upgrade Design, Set for Completion by End of Next Year: SEOUL, South Korea – The National Rail Authority (Korea National Railway, KNR) Seoul Metropolitan Regional Headquarters anno ...; KO YONG-CHUL Reporter 2025.05.31

Volkswagen: From Automaker to Sausage King?: Wolfsburg, Germany – Volkswagen, the German automotive giant, is making headlines not just for its cars, but for its burgeon ...; Desk 2025.05.31

Argentina's Economic Outlook for 2025: Navigating Growth Amidst Challenges: As 2025 progresses, Argentina is poised for significant economic growth, with various international organizations and local analys ...; Greace Nunez Correspondent 2025.05.31

US GDP Shrinks in Q1 as Trump Tariffs Take Their Toll: The world's largest economy contracted at an annualized quarterly rate of 0.2% in the first quarter of 2025, a tenth of a percenta ...; Greace Nunez Correspondent 2025.05.31

Trump Doubles Down on Tariffs, Vows 50% Levy on Steel and Aluminum Imports: Pittsburgh, Pennsylvania – In a significant escalation of his protectionist trade agenda, President Donald Trump today annou ...; Global Economic Times Reporter 2025.05.31

Hyundai Delivers First IONIQ 9 to U.S. Customers, Kicking Off Marketing Push: FOUNTAIN VALLEY, CA – Hyundai Motor America today announced the momentous first delivery of its highly anticipated large ele ...; Eunsil Ju Reporter 2025.05.31

US Most Favored Nation Drug Pricing Policy Could Significantly Impact Korean Biopharmaceutical Companies: The U.S. government's push to implement a "Most Favored Nation (MFN)" policy for drug pricing is poised to have a substantial impa ...; Pedro Espinola Special Correspondent 2025.05.31

"Squid are Back"... East Coast of Korea Revitalized, Local Economy 'Bouncing': The return of squid to Korea's East Coast has brought much-needed vibrancy to local businesses. After a long fishing ban, abundant ...; Hwang Sujin Reporter 2025.05.31

Seoul's Housing Market Overheats: Average Sales Price Exceeds KRW 1 Billion, Gangnam-Gangbuk Gap Reaches "All-Time High": Seoul's average home sales price has surpassed KRW 1 billion for the first time, signaling a deepening overheating of the housing ...; Hwang Sujin Reporter 2025.05.31

SPC Samlip Halts 'KBO Bread' Production and Initiates Comprehensive Safety Reinforcement After Fatal Accident at Siheung Plant: SPC Samlip has announced a halt in the production of its popular 'KBO Bread' (KBO-ppang) and the implementation of comprehensive s ...; ONLINE TEAM 2025.05.31

Ansan City Designated as Specialized Cluster for Root Industries, Expected to Emerge as a Hub for Manufacturing Innovation: Ansan City has been ultimately selected for the leading project of the Ministry of Trade, Industry and Energy's '2025 Root Industr ...; Kim Sungmoon Reporter 2025.05.31

Brazil's Tourism Industry Reaches All-Time High, Setting Economic Milestone with WTTC Forecast: Brasília – Brazil's tourism industry is experiencing an unprecedented resurgence, fueled by strong demand from key in ...; Graciela Maria Reporter 2025.05.30

Viracopos International Airport Crowned Brazil's Best Airport… Five-Time Recipient of Passenger Satisfaction Award: Campinas, Brazil – Viracopos International Airport, located in Campinas, São Paulo, has once again solidified its sta ...; Global Economic Times Reporter 2025.05.30

Paraguay's Plywood Exports Exceed $2.3 Million, Timber Industry Booming: In April, Paraguay's plywood exports hit an annual high for the second consecutive month, reaching 2,769 tons, a 5.45% increase fr ...; Ana Fernanda Reporter 2025.05.30

Space Technology in Daejeon! Selected for Ministry of Science and ICT's Innovation Research Center Program: Daejeon Metropolitan City announced on May 28 that KAIST's "Space Service and Manufacturing Research Center" was ultimately select ...; KO YONG-CHUL Reporter 2025.05.30

Chungcheongnam-do Attracts Taiwanese Tourists: Chungcheongnam-do (South Chungcheong Province) participated in the '2025 Korea Travel Expo,' held in Taiwan from May 23-26, to int ...; HONG MOON HWA Senior Reporter 2025.05.30

Argentina Approves New Airport Service Operator: 'Handyway Cargo S.A.' Enters Aviation Market After 21 Years: A new competitor has emerged in Argentina's air transport market. The Undersecretariat of Air Transport of the Ministry of Economy ...; Ana Fernanda Reporter 2025.05.29

Argentina Successfully Hosts 22nd 'Jornadas Chemotecnica,' Opening New Horizons for the Pest Control Industry: BUENOS AIRES, Argentina – The 22nd 'Jornadas Chemotecnica' event concluded successfully on May 28th at the Catholic Universi ...; Hwang Sujin Reporter 2025.05.29

Queensland University Professor Leads Sustainability in Argentine Film Industry: Dr. Paula Serafini, Senior Lecturer in Creative and Cultural Industries at the University of Queensland Business School in London, ...; Greace Nunez Correspondent 2025.05.29