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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CJ Logistics Forges Alliance with Saudi Logistics Giant Naqel Express to Conquer Middle East Delivery Market: SEOUL, South Korea – CJ Logistics, South Korea's leading logistics company, is making a bold move to seize a significant sha ...; Hwang Sujin Reporter 2025.05.10

Trump's Policies and Rhetoric Cast Shadow Over California's Tourism Boom: Los Angeles, CA – California's vibrant tourism industry, a cornerstone of the state's economy, is bracing for an unexpected ...; Myung Sun Yim Correspondent 2025.05.10

Daejeon Advances Ambitious Urban Rail Expansion: A Blueprint for Sustainable Growth and Connectivity: Daejeon, South Korea – Daejeon Metropolitan City has laid out a comprehensive vision for the future of its public transporta ...; KO YONG-CHUL Reporter 2025.05.09

DP World Opens First Logistics Warehouse in Singapore, Accelerating Efforts to Strengthen Logistics Capabilities in Asia: Global supply chain solutions provider DP World has further strengthened its logistics network in the Asia Pacific region by openi ...; Kim Sungmoon Reporter 2025.05.09

CPChem Sells Singapore Business Unit to Aster Chemicals & Energy… Restructuring Asia Market Strategy: U.S. petrochemical company Chevron Phillips Chemical (CPChem) has announced the sale of its 100% stake in its Singaporean business ...; Global Economic Times Reporter 2025.05.09

Leading the Asian Smart Port Revolution: Singapore, China, and South Korea Redefine Maritime Infrastructure Through Digital Transformation and Green Innovation: The imperative for decarbonization and the integration of Artificial Intelligence (AI) are laying the essential groundwork for sma ...; Hwang Sujin Reporter 2025.05.09

Taiwan's Energy Crisis Emerges as an Existential Threat to National Survival: In a recent analysis piece titled "Taiwan's Energy Crisis Could Become an Existential Threat," published by the U.S. energy news o ...; Hwang Sujin Reporter 2025.05.09

Paraguay's Hydropower Emerges as Key Driver for Hive's Bitcoin Mining Expansion: Global cryptocurrency firm Hive Digital Technologies re-evaluates US strategy amid heightened geopolitical tensions… Focusi ...; Pedro Espinola Special Correspondent 2025.05.09

New Brazil-Paraguay Bridge Emerges as Key to Trans-Atlantic-Pacific Trade Route: Paraná, Brazil-Paraguay Border – A large new bridge connecting Brazil and Paraguay is nearing completion, forming a c ...; Greace Nunez Correspondent 2025.05.09

ATIS Group Expands Paraguayan Telecommunications Infrastructure… Acquires Approximately 300 Telecommunications Towers from Millicom: BUENOS AIRES, Argentina – ATIS Group (“ATIS”), a leading digital infrastructure provider in Latin America, today ...; Global Economic Times Reporter 2025.05.09

Argentina Dreams of Becoming a New Global Star in the Copper Industry: A Report from the San Juan Mine Development Site: A helicopter powerfully ascends towards the peaks of the Andes Mountains in South America. The experienced pilot flies as close as ...; Eugenio Rodolfo Sanabria Reporter 2025.05.09

Argentina's Salta Province Pre-Awards $145 Million Road Construction Contract, Expected to Boost Local Economy: The government of Salta Province in northwestern Argentina has announced the pre-award of a $145 million (approximately 195 billio ...; KO YONG-CHUL Reporter 2025.05.09

Cannes Film Market Selects Brazil as 'Country of Honor': Minister of Culture to Attend, Focus on Co-Production and Investment Discussions: CANNES – The Marché du Film, the world's largest film industry marketplace held alongside the 78th Cannes Film Festiv ...; Desk 2025.05.09

Brazil Raises Coffee Production Forecast, Expecting Record High Despite "Low Production" Year: According to the latest report released by Brazil's National Supply Company (Conab), an agency under the Ministry of Agriculture, ...; Desk 2025.05.09

Gyeongnam Culture & Arts Foundation to Support Local Game Companies' Global Expansion: The Gyeongsangnam-do Province and the Gyeongnam Culture & Arts Foundation (President Kim Jong-bu) are accepting applications u ...; Hwang Sujin Reporter 2025.05.08

Gyeongsangnam-do Province Fully Committed to Normal Opening of Gadeokdo New Airport by 2029: Gyeongsangnam-do Province (Governor Park Wan-soo) announced on the 8th that the normal opening of the Gadeokdo New Airport by 2029 ...; ONLINE TEAM 2025.05.08

Gyeongsangnam-do to Develop Southern Coastline into a 'Marine Leisure Hub': Gyeongsangnam-do Province is set to actively promote the marine leisure tourism industry following the transfer of authority for t ...; KO YONG-CHUL Reporter 2025.05.08

Shanghai Set to Unveil China's Inaugural and World's Largest Legoland on July 5th: Shanghai, China – The highly anticipated Shanghai Legoland, marking the first foray of the iconic brick-based entertainment ...; Global Economic Times Reporter 2025.05.08

KB Financial Group Champions Korean Innovation, Facilitates Singaporean Foothold for 15 Promising Startups: Seoul, South Korea – KB Financial Group, a leading South Korean financial conglomerate, is significantly bolstering the glob ...; Hwang Sujin Reporter 2025.05.08

Mongolia Unveils Ambitious Tourism Strategy: Aiming for 2 Million Visitors and 10% GDP Contribution by 2030: Ulaanbaatar, Mongolia – Riding a wave of increasing international interest, Mongolia has announced a bold and comprehensive ...; Hwang Sujin Reporter 2025.05.08