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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Philippines Ushers in New Era of Digital Market Regulation with Enhanced Online Transaction Law Enforcement: The e-commerce market in the Philippines has reached a new turning point with significantly strengthened regulations for online se ...; Graciela Maria Reporter 2025.06.24

dLocal Strengthens Emerging Market Dominance: Secures Licenses in UAE, Turkey, Philippines, and Expands African Market Presence: dLocal, a cross-border payment specialist, has significantly strengthened its global presence by securing key payment licenses in ...; Ana Fernanda Reporter 2025.06.24

Bellabel Pharm Opens New Horizons in K-Pet Food Market: Achieves $300,000 Export Success to Taiwan: Bellabel Pharm, a company incubated by the Jeju Center for Creative Economy & Innovation, has successfully established itself ...; Hwang Sujin Reporter 2025.06.23

Singaporean Real Estate Investors Continuously Pour Capital into Japanese Real Estate: Even amidst declining global interest rates, the Japanese real estate market continues to be firmly popular among Singapore-based ...; Eugenio Rodolfo Sanabria Reporter 2025.06.23

ONE Singapore, a New Chapter in the Shipping Industry with Eco-Friendly Vessels Featuring the Latest Technology: Ocean Network Express (ONE) has accelerated its efforts to strengthen global shipping capabilities with the successful naming cere ...; Yim Kwangsoo Correspondent 2025.06.23

Singapore-Indonesia Direct Routes Expand, Opening a New Chapter in Southeast Asian Aviation: Singapore and Changi Airport Group (CAG) are set to strengthen air connectivity in Southeast Asia by establishing new direct route ...; Desk 2025.06.23

HD Hyundai Heavy Industries Emerges as a Key Partner in Philippine Navy Modernization: HD Hyundai Heavy Industries (HD HHI) is firmly establishing itself as a key partner for the Philippine Navy. This year, HD HHI suc ...; Kim Sungmoon Reporter 2025.06.23

Philippines Accelerates Global Market Penetration with Halal Industry: An Ambitious Leap Towards a 'Halal-Friendly Philippines': As the global halal market expands rapidly, the Philippine government is actively fostering its domestic halal industry as a key n ...; Kim Sungmoon Reporter 2025.06.23

The 4th International Symposium on Copyright Protection and Enforcement: Strengthening International Solidarity for the Future of K-Content: The Ministry of Culture, Sports and Tourism (MCST), in collaboration with the World Intellectual Property Organization (WIPO) and ...; Hwang Sujin Reporter 2025.06.23

Paraguay, Rising as a Service Export Hub: The Leap Forward and Future Strategy of the BPO Industry: Paraguay is currently at a crucial turning point. Moving away from an economic structure historically concentrated on agriculture ...; Pedro Espinola Special Correspondent 2025.06.23

Paraguay's Energy, a Hot Potato in the Brazilian Market: 28 Companies' Overtures, 'Fair Price' is Key: Brazilian companies are showing keen interest in Paraguay's electric power. So far, 28 Brazilian companies have been approved to p ...; Greace Nunez Correspondent 2025.06.23

Baekdu Mountain Spring Water: 5,000 Tons Flow Daily to Korean Consumers: ERDAOBAIHE, JILIN PROVINCE, China – A two-hour bus ride from Yanji Airport in Yanbian Korean Autonomous Prefecture brings on ...; Yim Kwangsoo Correspondent 2025.06.22

HD Hyundai Forges Ahead into U.S. Shipbuilding Market, Strengthening Korea-U.S. Cooperation in the Trump Era: SEOUL, South Korea – HD Hyundai is accelerating its entry into the U.S. market through comprehensive collaboration with a l ...; Desk 2025.06.22

MEYLE Unveils Ambitious Plan: 4,000 Electrification Components to Bolster E-Mobility Aftermarket: Bucheon-si, Gyeonggi-do, South Korea – German premium automotive parts manufacturer MEYLE has announced a significant expans ...; KO YONG-CHUL Reporter 2025.06.21

President Lee Jae-myung Highlights Regional Potential for High-Tech Industries with Ulsan AI Data Center Launch: Ulsan, South Korea – President Lee Jae-myung today underscored the pivotal role of regional development in South Korea's hig ...; Global Economic Times Reporter 2025.06.21

South Korea's Naepo Agri-Bio Cluster Poised for Global Green Bio Leadership with KAIST and Celltrion Partnership: Naepo, Chungnam Province, South Korea – South Korea's ambitious vision for a global green bio hub is rapidly taking shape in ...; HONG MOON HWA Senior Reporter 2025.06.20

Philippines Rises as a Global Halal Powerhouse, Posing Both Competition and Partnership for South Korea: MANILA, Philippines – The global halal market, once perceived as a niche segment driven solely by religious adherence, is ra ...; KO YONG-CHUL Reporter 2025.06.20

Korea's Defense Industry Soars: KAI's Billion-Dollar Wins and Global Expansion: SEOUL, South Korea – South Korea's defense industry is rapidly emerging as a formidable global competitor, with Korean aeros ...; Desk 2025.06.20

K-Fashion and Beauty Set Sights on China Once More as Relations Warm: SEOUL, South Korea – The Korean fashion and beauty industries are once again setting their sights on the vast Chinese market ...; Global Economic Times Reporter 2025.06.20

US Considers Broader Semiconductor Export Curbs Ahead of Crucial China Trade Talks: WASHINGTON D.C. – The United States Commerce Department reportedly considered expanding its restrictions on semiconductor eq ...; Greace Nunez Correspondent 2025.06.20