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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Samsung SDI Appoints New CEO, Reshuffles Leadership: Seoul, South Korea – Samsung SDI, a leading global battery manufacturer, announced today that Choi Ju-sun, currently the CEO ...; Desk 2024.11.28

Futurist Predicts Humanoid Robots Will Revolutionize the Workforce: Futurist Peter Diamandis has predicted that Elon Musk's humanoid robots will replace human workers and fuel economic growth. In hi ...; Hwang Sujin Reporter 2024.11.28

India's Auto Market Heats Up as Hyundai Challenges Suzuki's Dominance: New Delhi, India – India's automotive market, the world's third largest after China and the United States, is witnessing int ...; Graciela Maria Reporter 2024.11.28

Vietnam and Canada Strengthen Ties in Production and Energy at Vancouver Forum: Vancouver, Canada – A high-level forum held in Vancouver has brought together Vietnamese and Canadian officials to strengthe ...; Global Economic Times Reporter 2024.11.28

Indonesia's Growing Online Gambling Problem Won't Deter Foreign Investment, Says Deputy Minister: Jakarta, Indonesia – Despite a surge in online gambling in Indonesia, the country's Deputy Minister of Communications and In ...; KO YONG-CHUL Reporter 2024.11.28

Hyundai Motor Launches EV Charging Subscription Service in Indonesia: Hyundai Motor is leading the way in building an electric vehicle (EV) ecosystem in Indonesia, the world's fourth-most populous cou ...; Graciela Maria Reporter 2024.11.27

South Korean Married Women Face Significant Career Disruptions: Seoul, South Korea – A new survey by Statistics Korea has revealed that more than one in five married women with minor child ...; Hwang Sujin Reporter 2024.11.27

KAIST and Daejeon City to Build Innovation Park for Startups: Daejeon, South Korea – The Korea Advanced Institute of Science and Technology (KAIST) and the city of Daejeon have signed a ...; KO YONG-CHUL Reporter 2024.11.27

South Korea Eases Restrictions on Officetels, Allowing for More Residential Use: Seoul, South Korea – The South Korean government is set to further relax regulations on officetels, allowing for more reside ...; Desk 2024.11.27

Seoul’s Apgujeong Hyundai Apartment Set for Major Redevelopment: Seoul, South Korea – The iconic Apgujeong Hyundai Apartment complex in Seoul is set for a major redevelopment, transforming ...; Hwang Sujin Reporter 2024.11.27

South Korea's Affordable Rental Program Sees Overwhelming Demand: Seoul, South Korea – A new affordable rental housing program in South Korea has seen an overwhelming response, with over 30, ...; Hwang Sujin Reporter 2024.11.27

South Korea's Manufacturing Sentiment Hits 13-Month Low Amidst Export Concerns: Seoul, South Korea – South Korea's manufacturing sentiment has hit a 13-month low in November, largely due to uncertainties ...; Desk 2024.11.27

Busan Ranks 13th Globally and 3rd in Asia in Smart City Index: Busan, South Korea – Busan has made significant strides in becoming a global smart city, ranking 13th among 77 major cities ...; Hwang Sujin Reporter 2024.11.27

Hyosung Heavy Industries Surpasses 10 Trillion Won in Cumulative Circuit Breaker Production: Changwon, South Korea – Hyosung Heavy Industries announced today that it has achieved a significant milestone by surpassing ...; KO YONG-CHUL Reporter 2024.11.27

Huawei Leads China's Electric Vehicle Revolution with Smart Driving Technology: BEIJING – While BYD has dominated the Chinese electric vehicle (EV) market, Huawei is emerging as a key player in the autono ...; Graciela Maria Reporter 2024.11.26

South Korea Cracks Down on Illegal Fishing of Endangered Smelt: Goseong, South Korea – The coastal city of Goseong in Gangwon Province has taken strict measures to protect the endangered s ...; Desk 2024.11.26

Karnali Focuses on Tourism, Agriculture, and Herbal Medicine for Economic Growth: Birendranagar, Nepal – A recent stakeholder consultation organized by IDEA Nepal highlighted tourism, agriculture, and herba ...; ONLINE TEAM 2024.11.26

Darjeeling Tea Workers Demand Ban on Nepali Tea Imports: Darjeeling, India – Tea workers in Darjeeling have called for a ban on Nepali tea imports, claiming that it is harming the r ...; Eugenio Rodolfo Sanabria Reporter 2024.11.26

Binggrae to Become a Holding Company, Aiming to Enhance Corporate Value: Seoul, South Korea – Binggrae, one of South Korea's leading food and beverage companies, announced today that it will restru ...; Global Economic Times Reporter 2024.11.25

South Korea Faces Housing Supply Shortage Amidst Construction Slowdown: Seoul, South Korea – South Korea is bracing for a housing supply shortage in the coming years, as a recent decline in housin ...; Desk 2024.11.25