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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Sejong City's Apartment Market Heats Up Amid Presidential Office Relocation Discussions Ahead of June Election: Sejong City's real estate market is experiencing a notable surge, particularly in its apartment sector, as discussions surrounding ...; HONG MOON HWA Senior Reporter 2025.04.19

Pyeongtaek City Selected for Ministry of SMEs and Startups' 'Neighborhood Commercial District Development Center' Network Project: Pyeongtaek City has been chosen as one of the recipients of the Ministry of SMEs and Startups' (MSS) "Neighborhood Commercial Dist ...; Hwang Sujin Reporter 2025.04.19

New Air Link to Connect Ulsan and Remote Ulleungdo, Boosting Regional Accessibility and Tourism: Ulsan, South Korea – Residents of Ulsan and those eager to explore the captivating natural beauty of Ulleungdo Island will s ...; KIM YOUNG MIN Specialized Reporter 2025.04.19

Jeju Province Unveils Draft Ordinance Amendments to Spur Economic Growth and Ease Construction Regulations: JEJU SPECIAL AUTONOMOUS PROVINCE – In a bid to revitalize the regional economy and alleviate long-standing grievances relate ...; KO YONG-CHUL Reporter 2025.04.19

Jeju Island Enhances Water and Wastewater Infrastructure in Key Offshore Islands to Improve Quality of Life: Jeju Special Self-Governing Province announced on April 17th its ongoing commitment to significantly improving the living environm ...; KO YONG-CHUL Reporter 2025.04.19

Jeju Island's "Regional Innovation Project" Aims to Boost Tourism Jobs and Premium Experiences: Jeju Island, a jewel of South Korea renowned for its stunning natural landscapes and unique cultural heritage, is embarking on an ...; Yim Kwangsoo Correspondent 2025.04.19

Delayed Bloom Expected for Jeju Open-Field Mandarin Oranges, Prompting Farmer Adaptations: JEJU, South Korea – The anticipated blooming period for open-field mandarin oranges (Citrus unshiu) in Jeju Island is projec ...; KIM YOUNG MIN Specialized Reporter 2025.04.19

Centuries of Tradition Thrive as Yangyang Traditional Market Welcomes the Spring Season: Nestled in a picturesque locale where the majestic Seoraksan Mountain meets the vast East Sea and the serene Namdaecheon Stream fl ...; Hwang Sujin Reporter 2025.04.19

Incheon Gears Up for New Era of Auto Sports with Innovative Racing Facilities: Incheon is poised to become a burgeoning hub for auto sports enthusiasts with the upcoming development of two distinct and excitin ...; KO YONG-CHUL Reporter 2025.04.19

Incheon Airport Overwhelmed by Record-Breaking International Passenger Traffic Ahead of Golden Holiday: Incheon International Airport is experiencing an unprecedented surge in international passenger traffic, with figures for the firs ...; Hwang Sujin Reporter 2025.04.19

South Korea Faces Agricultural Crisis as Farm Household Population Expected to Fall Below One Million: South Korea's agricultural sector is facing a deepening crisis as the farm household population is projected to drop below the one ...; Hwang Sujin Reporter 2025.04.19

Hyundai Dominates U.S. News & World Report's 2025 Best Hybrid and Electric Vehicle Awards: Hyundai Motor Company has announced its remarkable success at the U.S. News & World Report's 2025 Best Hybrid and Electric Veh ...; Yim Kwangsoo Correspondent 2025.04.19

Pennsylvania's Federal Workforce Shrinks Significantly Amid Trump-Era Cuts: New data released by the U.S. Bureau of Labor Statistics (BLS) reveals that Pennsylvania is experiencing a disproportionately larg ...; Desk 2025.04.19

Suwon City to Showcase Local SMEs at IFA 2025 in Berlin: Suwon City, a hub of innovation in Gyeonggi Province, South Korea, has announced an exciting opportunity for its burgeoning small ...; KO YONG-CHUL Reporter 2025.04.18

South Korean Auto Parts Maker Dasung Expands Mexico Plant, Strengthening Ties with GM Amidst US Tariff Relief: SAN LUIS POTOSI, MEXICO – South Korean automotive component manufacturer Dasung is doubling down on its investment in Mexico ...; KO YONG-CHUL Reporter 2025.04.18

Cuba Set to Showcase Caribbean Charm at FITCUBA 2025, Targeting Growing Korean Market: Havana, Cuba – The vibrant island nation of Cuba is gearing up to host its annual International Tourism Fair, FITCUBA 2025, ...; KO YONG-CHUL Reporter 2025.04.18

Chilean Lumber Exports See 10% Price Dip in March Amidst Shifting Global Dynamics: Chile, a significant player in the global lumber market, experienced a notable 10% decrease in the price of its exported lumber du ...; Desk 2025.04.18

Chile Anticipates 11% Increase in Citrus Exports This Season: Chile's citrus industry is optimistic about the upcoming export season, projecting an 11% increase in volume compared to the previ ...; Desk 2025.04.18

Eunma Apartment in Gangnam Gears Up for Massive 49-Story Redevelopment: The iconic Eunma Apartment complex in the affluent Daechi-dong neighborhood of Gangnam-gu, Seoul, is taking significant steps towa ...; Global Economic Times Reporter 2025.04.17

Gunsan Airport Boosts Connectivity with Increased Flights to Jeju Island: Gunsan, South Korea – Jeollabuk-do (North Jeolla Province) is set to significantly enhance air travel convenience for its re ...; Yim Kwangsoo Correspondent 2025.04.17