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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Universal Robots Doubles Down on South Korea Investment: Universal Robots, the Danish pioneer of collaborative robots, is set to further solidify its footprint in South Korea. Kim Povlsen ...; ONLINE TEAM 2024.12.02

Gwangcheon’s Underground Salt-Fermented Shrimp Processing Recognized as a Significant Intangible Cultural Heritage: Hongseong, South Korea – The unique process of aging and fermenting shrimp in underground caves, known as Gwangcheon Togul S ...; Hwang Sujin Reporter 2024.12.02

Soaring Officetel Security Deposits Amidst Rental Fraud Concerns: Seoul, South Korea – The security deposits for officetels in Seoul have seen a significant surge this year, driven primarily ...; Desk 2024.12.02

Samsung and LG Engage in Fierce Competition with AI-Powered Appliance Subscription Services: Seoul, South Korea – The battle for dominance in the home appliance market is heating up as Samsung Electronics and LG Elect ...; KO YONG-CHUL Reporter 2024.12.02

Singapore's Property Market Overheats as New Launches Flood the Market: Singapore – Singapore’s property market is showing signs of overheating once again, with new launches flooding the mar ...; Desk 2024.12.01

Incheon International Airport Opens Phase 4, Becomes World's Third Busiest: Incheon, South Korea – Incheon International Airport celebrated the grand opening of its Phase 4 expansion on November 29th, ...; Desk 2024.11.30

World's Largest Hydrogen Fuel Cell Power Plant to be Built in Gyeongju: Gyeongju, South Korea – Gyeongbuk Province announced on November 28th that the "Gangdong Hydrogen Fuel Cell Power Plant" pro ...; Desk 2024.11.30

Daegu City Moves Forward with Palgong Mountain Tunnel Road Project: Daegu, South Korea – Daegu City announced that a private consortium, including major construction companies, has submitted a ...; KO YONG-CHUL Reporter 2024.11.30

Sangrok District Redevelopment Project in Anyang to Finally Begin: Anyang, South Korea – After years of delays, the Sangrok District redevelopment project in Anyang is set to finally begin co ...; Global Economic Times Reporter 2024.11.30

South Korea Greenlights Redevelopment of 13 Districts in First New Towns: Seoul, South Korea – The South Korean government has approved the redevelopment of 13 districts within the country's first n ...; Desk 2024.11.30

Incheon Airport Opens New Pet Lounge for Traveling Pet Owners: Incheon, South Korea – Incheon International Airport Corporation announced the opening of a new pet lounge at the airport's ...; Global Economic Times Reporter 2024.11.30

Korean Air Resumes Flights to Kumamoto, Japan After 27 Years: Incheon, South Korea – Korean Air celebrated the resumption of its Incheon-Kumamoto, Japan route on November 24th with a spe ...; Global Economic Times Reporter 2024.11.30

South Korea Designates Three New Special Development Zones to Boost Innovation: Seoul, South Korea – The South Korean government has designated three new special development zones, aiming to foster innova ...; Desk 2024.11.29

South Korea Develops Robotic System to Recycle EV Batteries: Pohang, South Korea – The Korea Robot Fusion Research Institute has announced the completion of a testbed for a new robotic ...; ONLINE TEAM 2024.11.29

Gap Between Sustainability Goals and Actions Widens, According to New Report: Seoul, South Korea – A new global sustainability index report, jointly conducted by Kyndryl Korea and Microsoft, has reveale ...; KO YONG-CHUL Reporter 2024.11.29

DeepBrain AI's AI Anchor to Make Debut on Japanese Television: Seoul, South Korea – DeepBrain AI, a leading AI human technology company, announced today that it has partnered with NEC Cor ...; Hwang Sujin Reporter 2024.11.29

AI Adoption in South Korean Broadcasting Industry Surges, Driven by Automation and Personalized Content: Seoul, South Korea – A recent survey conducted by the Ministry of Science and ICT and the Korea Communications Commission (K ...; Desk 2024.11.29

W Concept Launches Winter Edition Sale with Exclusive Deals on Essential Winter Items: W Concept, a popular online fashion platform, is launching a special winter sale event to help customers stay warm and cozy throug ...; Global Economic Times Reporter 2024.11.29

XION Launches BELIEVATHON, a Global Startup Competition: XION, a leading Layer 1 blockchain designed for consumer applications, today announced the launch of BELIEVATHON, a global startup ...; Global Economic Times Reporter 2024.11.29

Bifrost Partners with BitTrade to Expand into the Japanese Market: Bifrost, a global blockchain project, announced today that it has partnered with BitTrade, one of Japan's leading cryptocurrency e ...; Global Economic Times Reporter 2024.11.29