Global Economic Times

2026.07.22 (Wed)
All articles

LOGIN
JOIN

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

Industry

Search: 1,953

Hyundai Palisade Leads SUV Market, Becoming a Household Name: Hyundai's Palisade has emerged as a dominant force in South Korea's SUV market, leading the way for the SUV's mass adoption. Acco ...; Graciela Maria Reporter 2024.12.30

Mercedes-Benz E200 Crowned Safest Car in Korea: Seoul, South Korea – Mercedes-Benz Korea announced today that its E200 model has been awarded the top prize in the 2024 Kore ...; KO YONG-CHUL Reporter 2024.12.30

South Korean Firms Race to Develop Surgical Robots: Seoul, South Korea – South Korean companies are intensifying their efforts to develop surgical robots, aiming to break into ...; ONLINE TEAM 2024.12.29

South Korea's Housing Market: A Tale of Two Trends: Seoul, South Korea – As South Korea grapples with a declining population, a paradox is emerging in its housing market: the n ...; Desk 2024.12.29

South Korea Maintains Strong R&D Investment, Leading in Researcher Numbers: Seoul, South Korea – South Korea has continued to demonstrate a strong commitment to research and development, according to ...; Desk 2024.12.29

Nonsan Designates Land for Future Defense Research Center, Imposes Development Restrictions: Nonsan, South Korea – In a move aimed at preventing real estate speculation and ensuring the smooth development of a cutting ...; HONG MOON HWA Senior Reporter 2024.12.29

Global Shift Towards LED Lighting as Nations Phase Out Mercury-Containing Lamps Article Body:: Tokyo, Seoul – In a significant move towards environmental sustainability, Japan and South Korea have announced plans to pha ...; Graciela Maria Reporter 2024.12.29

ASML CEO: China's Semiconductor Industry Lags 10-15 Years Behind: Amsterdam, Netherlands – ASML Holding, the world's leading supplier of lithography machines used to manufacture semiconducto ...; Ana Fernanda Reporter 2024.12.29

Jeju Cruise Tourism Soars, Setting Records and Boosting Local Economy: Jeju Island is experiencing a surge in international cruise tourism, with over 600,000 visitors expected to arrive in 2024. This s ...; Hwang Sujin Reporter 2024.12.28

China's Manufacturing Surge Poses Growing Threat to South Korea's Industries: Daegu, South Korea – The meteoric rise of China's manufacturing sector, fueled by government support, is casting a long shad ...; Desk 2024.12.28

AI-Powered Patrol Robot Showcases Promise for Unmanned Services: Seoul, South Korea – DogooGonggan, a specialized company in AI-powered autonomous patrol robots, and MaumAI, an AI solution ...; KO YONG-CHUL Reporter 2024.12.28

EuclidSoft Demonstrates AI Expertise with New Visual Data: Seoul, South Korea – EuclidSoft, a leading AI data solutions provider, has successfully completed a data construction projec ...; Desk 2024.12.28

Smartphone Makers Vie for Slimness as Industry Seeks New Growth: Seoul, South Korea – The global smartphone market, once characterized by rapid innovation and growth, is now experiencing a ...; Desk 2024.12.28

Thousands of New Homes to Hit the Market in South Korea: Seoul, South Korea – A surge in new housing developments is expected to mark the beginning of the new year in South Korea, w ...; Hwang Sujin Reporter 2024.12.28

BYD Dominates Hungarian Electric Vehicle Market: Budapest, Hungary – BYD, the world's leading manufacturer of new energy vehicles (NEVs), is making significant strides in th ...; Graciela Maria Reporter 2024.12.27

Former House Speaker Proposes Hydrogen Vehicle Initiative in Puerto Rico: San Juan, Puerto Rico – Former House Speaker José Aponte announced today that he will be introducing a resolution in ...; Global Economic Times Reporter 2024.12.27

China's High-Speed Rail Network Expands to 47,000 Kilometers: China's high-speed rail network has reached a remarkable milestone, surpassing 47,000 kilometers in total length, according to the ...; Desk 2024.12.27

Hotel Shilla and Jeju Tourism Organization Join Forces to Revitalize Jeju Tourism: Seoul, South Korea – Hotel Shilla announced today that it has signed a memorandum of understanding (MOU) with the Jeju Touri ...; Desk 2024.12.27

LG Electronics Wraps Up First Ambassador Program, Showcasing Genuine Customer Experiences: Seoul, South Korea – LG Electronics has successfully concluded its inaugural Ambassador program, a unique initiative designe ...; KO YONG-CHUL Reporter 2024.12.26

LG Electronics Named to Dow Jones Sustainability Index for 13th Consecutive Year: Seoul, South Korea – LG Electronics has been named to the Dow Jones Sustainability Index (DJSI) World for the 13th consecuti ...; KO YONG-CHUL Reporter 2024.12.26