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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Sihung City Celebrates Urban Agriculture Day, Launches Community Farming Initiatives: SIHUNG, SOUTH KOREA – Sihung City is gearing up to host a significant celebration of urban agriculture on Saturday, April 1 ...; Hwang Sujin Reporter 2025.04.07

Anyang Industry Promotion Agency Empowers Startups with Enhanced Digital Marketing Skills: ANYANG, SOUTH KOREA – The Anyang Industry Promotion Agency (AIPA), under the leadership of Chairman Choi Dae-ho, recently co ...; KO YONG-CHUL Reporter 2025.04.07

Australia Bolsters Anti-Dumping Measures Amid Global Trade Tensions: The recent imposition of sweeping tariffs by the United States has sent ripples through global markets, prompting Australia to rei ...; Desk 2025.04.07

Singapore's Marina Bay Sands Invests Heavily in Wellness, Presenting a New Paradigm for Luxury Resorts: SINGAPORE - Singapore's iconic landmark and luxury casino hotel, Marina Bay Sands (MBS), is seeking a transformation by actively i ...; KO YONG-CHUL Reporter 2025.04.07

Singapore Seeks Dialogue Instead of Immediate Retaliation for US Tariffs, Citing Burden on Both Economies: Singapore - Singapore has announced its intention to seek dialogue to resolve issues with the United States' imposition of a 10% b ...; Graciela Maria Reporter 2025.04.07

US Tariff Shock Urges Singapore Economic Model Shift: Need for Domestic Demand Expansion and Investment Reconsideration: SINGAPORE - As the full imposition of tariffs by the United States is expected to significantly impact the Singaporean economy, pu ...; Ana Fernanda Reporter 2025.04.07

Chandra Asri-Glencore Secures Strategic Chemical Hub in Singapore: Singapore/Jakarta – PT Chandra Asri Pacific Tbk (CAPGC), Indonesia’s largest integrated petrochemical company, and Gle ...; Global Economic Times Reporter 2025.04.05

Vietnam Signals Willingness to Negotiate 0% Tariffs on US Imports: SINGAPORE – In a move signaling a strong desire to bolster trade ties with the United States, Vietnam has indicated its will ...; KO YONG-CHUL Reporter 2025.04.05

Trump's Reciprocal Tariffs Expected to Hit China and Vietnam Hardest: U.S. President Donald Trump's announcement on Wednesday of reciprocal tariffs is projected to impact eight of the United States' t ...; Yim Kwangsoo Correspondent 2025.04.05

European Businesses Express Cautious Optimism Towards Vietnam's Economy: Hanoi, Vietnam - Approximately 68% of European business executives operating in Vietnam have indicated their willingness to recomm ...; Pedro Espinola Special Correspondent 2025.04.05

Taiwanese Textile, Furniture Firms Voice Concerns Over Potential US Tariff Hikes: Taipei - Major Taiwanese textile and furniture companies with extensive production bases in Southeast Asia are expressing growing ...; Ana Fernanda Reporter 2025.04.05

VARD Secures €113.5 Million Subsea Construction Vessel Contract with Dong Fang Offshore: OSLO, NORWAY – Leading Norwegian shipbuilding group VARD, a Fincantieri company, has announced the successful acquisition of ...; Desk 2025.04.05

After 22 Years and Trillions in Losses, Korea Completes Longest-Delayed Power Grid: South Korea has finally inaugurated the Bukdangjin–Shintangjeong high-voltage transmission line, a critical infrastructure p ...; KO YONG-CHUL Reporter 2025.04.05

Avian Influenza Scare Grips South Korea as Outbreak Hits Cheonan Laying Hen Farm: CHEONAN, SOUTH KOREA – Authorities in Chungcheongnam-do Province are scrambling to contain a new outbreak of avian influenza ...; HONG MOON HWA Senior Reporter 2025.04.05

Daejeon to Host Innovation Exchange Focused on Planned Startups and Investment: Daejeon, South Korea – Daejeon Metropolitan City is set to convene the third installment of its Daejeon Innovative Technolog ...; HONG MOON HWA Senior Reporter 2025.04.05

Chungcheongnam-do Boosts Aquatic Animal Disease Prevention Efforts Through Comprehensive Education: Chungcheongnam-do, South Korea – Chungcheongnam-do province is taking proactive steps to safeguard its aquaculture industry ...; KO YONG-CHUL Reporter 2025.04.05

Chungcheongnam-do Strategizes Innovative Senior Employment Solutions Amidst Aging Population: Chungcheongnam-do, South Korea – In a proactive response to South Korea's rapidly aging demographics, Chungcheongnam-do prov ...; HONG MOON HWA Senior Reporter 2025.04.05

Chungcheongnam-do Invests ₩164.1 Billion to Boost Development in Southwestern Region: Chungcheongnam-do, South Korea – April 5, 2025 – Chungcheongnam-do Province announced on April 3rd a significant inves ...; KO YONG-CHUL Reporter 2025.04.05

Chungnam CCEI Launches 2025 New Technology Proposal Contest to Boost Innovation: Chungnamdo, South Korea – The Chungnam Center for Creative Economy & Innovation (CCEI) has announced the launch of its ' ...; KO YONG-CHUL Reporter 2025.04.05

Cheonan City Launches Recruitment for Foreign Seasonal Farmworkers to Combat Rural Labor Shortages: CHEONAN, South Korea - Cheonan City is actively seeking applications from local farms wishing to employ foreign seasonal workers a ...; HONG MOON HWA Senior Reporter 2025.04.05