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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Seoul's Housing Market Shows Signs of Recovery, Fueled by Easing Regulations: Seoul – After a period of stagnation due to complex domestic issues, Seoul's apartment prices have recently shown signs of r ...; Min Gyu Mi Reporter 2025.02.15

Luxury Apartments Evade Heavy Taxes Due to Outdated Law: Seoul – In the heart of Seoul's upscale Hannam neighborhood, where celebrities like G-Dragon and RM and Jimin of BTS reside, ...; Desk 2025.02.15

Jeonbuk Province to Establish Advanced Science and Technology Complex: JEONBUK, South Korea – Jeonbuk Province is taking a significant leap into the future with the development of a cutting-edge ...; Hee Chan Kim Reporter 2025.02.15

Gangwon, Gyeonggi Provinces to Co-Fund Construction of Nolmijae Tunnel: GANGWON/GYEONGGI – Gangwon and Gyeonggi provinces have announced a collaborative agreement to jointly finance the constructi ...; Yim Kwangsoo Correspondent 2025.02.15

New Highway Opens Up a New Era for Commuters in Gyeonggi Province: As the saying goes, "People make roads, and roads make people." The opening of the Anseong-Guri section of the Sejong-Pocheon Expr ...; Desk 2025.02.15

Yangpyeong County to Revitalize Yanggang Island Area with Y-Shaped Suspension Bridge: Yangpyeong, South Korea – Yangpyeong County is set to embark on a project to transform the Yanggang Island area into a premi ...; Min Gyu Mi Reporter 2025.02.15

Korean Research Team Develops Microorganism to Decompose Agricultural Waste Vinyl: A research team from the Rural Development Administration (RDA) and Gyeongsang National University has announced the development o ...; Hwang Sujin Reporter 2025.02.14

Peru Seeks Public Input on Draft Regulations for Small-Scale Mining Formalization: LIMA – The Ministry of Energy and Mines (Minem) has taken a significant step towards the formalization of small-scale and ar ...; Pedro Espinola Special Correspondent 2025.02.14

Intradeco Holdings Powers Up El Salvador with Solar Energy and Community Development: Apopa, El Salvador – Intradeco Holdings, a leading global apparel manufacturer, has announced the completion of Phase 2 of i ...; Eugenio Rodolfo Sanabria Reporter 2025.02.14

Cheonan's Signature 'Sky Green Melon' Makes Its First Planting of the Year: Cheonan, South Korea – The Cheonan Agricultural Technology Center announced on February 10th that the first 4,400 seedlings ...; HONG MOON HWA Senior Reporter 2025.02.14

Ulsan to Welcome Its First Urban Railway: A New Era for the Real Estate Market: Ulsan, the only metropolitan city in South Korea without a subway system, is set to undergo a significant transformation with the ...; Min Gyu Mi Reporter 2025.02.14

South Korean Construction Industry Faces Mounting Financial Challenges: SEOUL – The South Korean construction industry is facing a growing financial crisis due to a combination of factors, includi ...; Min Gyu Mi Reporter 2025.02.14

Korean Scientists Develop Gene Chip for Native Chicken and Duck Breeds: Seoul, South Korea – The Rural Development Administration (RDA) has announced the development of a new gene chip that contai ...; Desk 2025.02.13

Jeonbuk to Become Hub for Renewable Energy with Massive Offshore Wind Farm: Jeonju, South Korea – Jeonbuk Province is poised to become a leader in renewable energy with the development of a 1.4 gigawa ...; Yim Kwangsoo Correspondent 2025.02.13

Netmarble Updates 'Tower of God: New World' with New Characters and Events: Netmarble has announced an update to their collection-based anime RPG, 'Tower of God: New World', introducing two new characters: ...; ONLINE TEAM 2025.02.13

K-Beauty's Global Appeal Fuels M&A Frenzy: Seoul, South Korea – The Korean beauty (K-beauty) industry is experiencing an unprecedented wave of mergers and acquisitions ...; Hwang Sujin Reporter 2025.02.13

Nexen Tire Develops Tire with 70% Sustainable Materials: Seoul, South Korea – Nexen Tire announced on February 12th that it has successfully developed a tire with 70% sustainable ma ...; Desk 2025.02.12

Samsung Electronics Partners with Yoochang E&C to Expand AI Smart Modular Building Market: Samsung Electronics is joining forces with Yoochang E&C, South Korea's largest modular building manufacturer, to expand the AI ...; Desk 2025.02.12

Gyeonggi-do Housing Market Freezes Over Since New Year... Concerns Over Prolonged Contraction Due to Possible Early Presidential Election: The Gyeonggi-do housing market has frozen over since the new year. It has been found that the number of private apartments for sal ...; Hwang Sujin Reporter 2025.02.12

Aiden Robotics Selected for Samsung's C-Lab Outside Program: Aiden Robotics, a company specializing in robot sensors, has been selected for Samsung Electronics' startup incubation program, C- ...; ONLINE TEAM 2025.02.12