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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Melon Necrotic Spot Virus (MNSV) Spreading: 'Caution Advised': On the 10th, the Chungcheongnam-do Agricultural Research & Extension Services (ARES) announced prevention and early response m ...; HONG MOON HWA Senior Reporter 2025.06.13

Cheongyang Establishes Key Hub for Social Economy Enterprises: The 'Chungnam Social Economy Innovation Town,' which will lead Chungnam Province's social economy, has officially begun operations ...; KO YONG-CHUL Reporter 2025.06.13

Labor Representative Storms Out of Conasam Meeting, Protesting Minimum Wage Hike Proposal: ASUNCIÓN, Paraguay – In the second meeting of Paraguay's National Minimum Wage Council (Conasam), Bernardo Rojas, a l ...; Eugenio Rodolfo Sanabria Reporter 2025.06.13

HD Hyundai Heavy Industries Launches Offshore Patrol Vessel for the Philippines: HD Hyundai Heavy Industries has successfully launched the first of six offshore patrol vessels ordered by the Philippine Navy, a k ...; Hee Chan Kim Reporter 2025.06.12

Singapore's Straits Financial Strengthens Partnership with FX Trading Tech Provider Integral to Expand Gold Trading: As record-breaking gold prices drive increased gold trading activity in Asia, Straits Financial Services, a Singapore-based financ ...; KO YONG-CHUL Reporter 2025.06.12

Daejeon City and Quebec, Canada Hold Meeting to Explore Aerospace Industry Cooperation: DAEJEON, South Korea – Daejeon Mayor Lee Jang-woo held a meeting with representatives from the Canadian province of Quebec o ...; HONG MOON HWA Senior Reporter 2025.06.12

UK Trade Remedies Authority Initiates Anti-Dumping Investigation into South Korean Hot Rolled Steel Plate…Korean Industry on High Alert: The UK's Trade Remedies Authority (TRA), an agency under the Department for Business and Trade, has abruptly launched an anti-dump ...; Eugenio Rodolfo Sanabria Reporter 2025.06.12

Paraguay's Maquila Industry Records All-Time High Exports… A Driving Force for Economic Growth: Paraguay's Maquila industry is maintaining record-breaking growth, emerging as a key driver of the national economy. As of May thi ...; KO YONG-CHUL Reporter 2025.06.11

Argentina Accelerates SMR and Uranium Development… Declares Leap to Nuclear Energy Powerhouse: Argentina's National Atomic Energy Commission (CNEA) celebrated its 75th anniversary at the RA-10 multipurpose reactor site, unvei ...; KIM YOUNG MIN 2025.06.11

Argentina's Railways Enter New Phase of 'Emergency Plan': Management Shake-Up Signals Privatization?: Argentina's Ministry of Economy, through its Secretariat of Transport, has announced a sweeping change in the top management of th ...; Yim Kwangsoo Correspondent 2025.06.11

Foreign Investors Place Large Bets on Argentina's Energy Sector: Argentina, once considered a no-go zone for investment, is once again attracting the attention of global investors, thanks to Pres ...; Greace Nunez Correspondent 2025.06.11

Seatrium Selects Switzerland's ABB for Petrobras FPSO Project… Advanced Power and Automation Solutions to Maximize Offshore Energy Efficiency: Singaporean offshore and marine engineering company Seatrium has finalized its selection of ABB, a Switzerland-based leader in pow ...; Global Economic Times Reporter 2025.06.11

Daejeon City Urges Adherence to SFTS Prevention Guidelines: “Prevention is Key”: DAEJEON, South Korea – As the outdoor activity season fully kicks off, Daejeon City is urging its citizens to take extra pre ...; HONG MOON HWA Senior Reporter 2025.06.10

Chungnam Province Breaks Ground on Korea's First Comprehensive Automotive Semiconductor Support Center, Aiming to Lead Future Mobility: Cheonan-Asan, Chungnam – Chungnam Province has officially broken ground on the 'Autonomous Driving and Automotive Semiconduc ...; HONG MOON HWA Senior Reporter 2025.06.10

'Defense Capital Chungnam' Expands Support for Defense Companies: Nonsan – Chungcheongnam-do Province and the Chungnam Defense Venture Center are joining forces to expand support for defense ...; Hwang Sujin Reporter 2025.06.10

Disaster Response Completed Through 'Public-Private Partnership' in Chungnam: Nonsan/Buyeo – Chungcheongnam-do Province held a 'Self-Defense Corps Capacity Building Training' for approximately 100 provi ...; KO YONG-CHUL Reporter 2025.06.10

Korea Aerospace Industries (KAI) Secures Additional FA-50 Light Combat Aircraft Export Contract with the Philippines: Korea Aerospace Industries (KAI) has signed an additional contract with the Philippine Department of National Defense for the expo ...; Kim Sungmoon Reporter 2025.06.09

Enchanted Kingdom to Upgrade Key Rides for 30th Anniversary, Solidifying Its Position as the Philippines' Premier Theme Park: Santa Rosa, Laguna – Enchanted Kingdom (EK), the Philippines' leading theme park, is gearing up for grand preparations to of ...; Kim Sungmoon Reporter 2025.06.09

Singapore's First 3D-Printed Concrete House: A Blueprint for Future Construction: Bukit Timah, Singapore – In the upscale residential enclave of Bukit Timah, Singapore, a house stands in stark contrast to i ...; Desk 2025.06.09

ITA Airways Soars as a Global Aviation Leader with 17 New Routes: Italy's national airline, ITA Airways, has opened new horizons in the global aviation market by launching a significant number of ...; Ana Fernanda Reporter 2025.06.09