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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Chungnam Province Launches Search for Exemplary Businesses Driving Regional Economy: Chungcheongnam-do Province has announced the commencement of the application period for the 32nd Chungnam Enterprise Awards, seeki ...; HONG MOON HWA Senior Reporter 2025.05.18

Nine One Hannam Sets New Record for Highest Apartment Sale in South Korea at $18.4 Million: Seoul, South Korea – A luxurious apartment in the prestigious Nine One Hannam complex, located in the affluent Hannam-dong d ...; Kim Sungmoon Reporter 2025.05.17

Yongin Chip Hub Faces Water Crisis as Dam Project Hits Local Resistance: Yongin, South Korea – A critical water supply project intended to feed the ambitious Yongin Semiconductor Cluster has encoun ...; KIM YOUNG MIN Specialized Reporter 2025.05.17

Singapore MPA Strengthens Guidelines on ECDIS and ENC Usage, Emphasizing Safe Navigation and Regulatory Compliance: The Maritime and Port Authority of Singapore (MPA) has issued guidelines encouraging shipowners, managers, masters, and officers t ...; KO YONG-CHUL Reporter 2025.05.17

Ambitious Expansion of the World's Best Airport: Singapore Changi International Airport Breaks Ground on Terminal 5: Singapore Changi International Airport, having swept prestigious awards in the aviation industry and been named the 'World's Best ...; KO YONG-CHUL Reporter 2025.05.17

Singapore Airlines Sees Cargo Revenue Rise but Profitability Declines Amidst Intensified Competition… Monitoring Global Trade Environment: Singapore – Singapore Airlines (SIA) Group announced on May 15th that its cargo revenue for the fiscal year 2024/25 increase ...; KO YONG-CHUL Reporter 2025.05.17

Mitsubishi Delivers First Rubber-Tired Light Rail Vehicles to Singapore, Accelerating Public Transportation Modernization: Japanese comprehensive heavy machinery manufacturer Mitsubishi Heavy Industries has successfully delivered the first two sets of r ...; KO YONG-CHUL Reporter 2025.05.17

Paraguayan Region of San Estanislao Obtains Quality Certification for 4 Tons of Papaya: Showcasing a Success Story for Small-Scale Farmers: A farmer in the San Estanislao district of San Pedro Department in northern Paraguay has achieved a significant milestone in local ...; Ana Fernanda Reporter 2025.05.17

Serious Flaws in Paraguay's Industrial Policy Revealed: Lack of Long-Term National Strategy Pointed Out: A recently published report argues that Paraguay urgently needs to establish a long-term national industrial policy, independent o ...; Ana Fernanda Reporter 2025.05.17

Lotte Mart Leverages PB Competitiveness for Bold Entry into Singapore, Accelerating Southeast Asian Market Expansion: Lotte Mart is aggressively expanding its presence in Southeast Asia, making a significant entry into the Singaporean market on the ...; KO YONG-CHUL Reporter 2025.05.15

RoboRobo Targets South American Education Market with BETT Brasil 2025 Participation: RoboRobo, a leading South Korean educational robot company, is accelerating its expansion into Brazil, the largest education marke ...; Hwang Sujin Reporter 2025.05.15

Lotte Tour Development Launches Ultra-Premium 18-Day Business Class Package to Four South American Nations, Promising a "Once-in-a-Lifetime" Special Experience: Lotte Tour Development has ambitiously unveiled an 18-day business class package tour to South America through its premium brand ' ...; Hwang Sujin Reporter 2025.05.15

Paraguay's Bleak Labor Reality: The Pervasive Problem of Informal Employment and the Threat to the Future: The streetscapes of Asunción, Paraguay's capital, and other major cities starkly illustrate the severe problem of informal ...; Pedro Espinola Special Correspondent 2025.05.13

CPChem Sells Singapore HDPE Plant to Aster Chemicals, Signaling Potential Shift in Asia Strategy: U.S. petrochemical giant Chevron Phillips Chemical Co. (CPChem) has officially announced the sale of its entire Singapore business ...; Kim Sungmoon Reporter 2025.05.13

JetBlue-United Collaboration on the Horizon? Industry Eyes Boston Event, Brazil and Singapore Earnings Loom: The 20th week of 2025 could bring a significant shift in the landscape of the U.S. airline industry, with potential discussions fo ...; Hwang Sujin Reporter 2025.05.13

Singapore Steps Up Deployment of Robot Dogs for Future City Security, Guidance, and Patrol Amidst Rapidly Growing Robotics Industry: Singapore is aggressively pursuing the adoption of robot dogs to bolster the safety of its future city, enhance citizen convenienc ...; Graciela Maria Reporter 2025.05.13

Taiwan's Energy Security Dilemma: Retreating Self-Reliance Amidst China Blockade Threat: Contrary to expectations that Taiwan, facing the potential of a Chinese blockade, would be doubling down on securing energy self-s ...; Desk 2025.05.13

US and China Signal Trade War Truce with Agreement to Substantially Reduce Tariffs: Geneva, Switzerland – In a development that offers a glimmer of hope to the global economy, the United States and China have ...; Global Economic Times Reporter 2025.05.12

South Korea's Renewable Energy Breakthrough: Surpassing 10% Amid Grid Modernization Imperative: Seoul, South Korea – A significant milestone has been reached in South Korea's energy landscape as renewable energy sources, ...; Desk 2025.05.12

Korail's Initiative Offers a Lifeline: Providing Employment and Hope to Seoul's Homeless Population: Seoul, South Korea – In a commendable move that underscores the potential for public corporations to address pressing social ...; ONLINE TEAM 2025.05.12