Global Economic Times

2026.04.28 (Tue)
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Soaring Dollar and Natural Gas Prices Fuel Inflation Fears in South Korea: Seoul, South Korea – South Korea is grappling with rising inflation as the won has plummeted to a 15-year low against the US ...; Hwang Sujin Reporter 2024.12.26

Egg Prices Soar in South Korea, Government Prepares Subsidies: Seoul, South Korea – Egg prices in South Korea are set to hit a three-year high, surpassing 7,000 won per 30-egg carton, as ...; Hwang Sujin Reporter 2024.12.26

Bank of Korea Signals Further Interest Rate Cuts Amid Economic Uncertainty: Seoul, South Korea – The Bank of Korea (BOK) has indicated its intention to further lower the benchmark interest rate next y ...; Global Economic Times Reporter 2024.12.26

South Korea and the Philippines to Deepen Economic Ties with New FTA: Seoul, South Korea – South Korea and the Philippines are set to bolster their economic relationship as the Korea-Philippines ...; Hwang Sujin Reporter 2024.12.26

LG to Showcase New Plant-Growing Appliances at CES 2025: Seoul, South Korea – LG Electronics announced today that it will unveil two new concept designs for its plant-growing applia ...; Desk 2024.12.26

Samsung to Unveil Eco-Friendly Home Heating System at CES 2025: Seoul, South Korea – Samsung Electronics announced today that it will unveil its Eco Heating System (EHS) at the upcoming Co ...; Desk 2024.12.26

Small Businesses Crumble Under Economic Pressure: Seoul, South Korea – South Korea's small and medium-sized enterprises (SMEs) are facing an unprecedented crisis as the prolo ...; Hwang Sujin Reporter 2024.12.26

Panama's Trade Flourishes as 2024 Draws to a Close, Reflecting Global Interdependence: Panama City, Panama – As 2024 nears its end, Panama's trade outlook for 2025 reveals a robust and interconnected economy. Th ...; Eugenio Rodolfo Sanabria Reporter 2024.12.25

Japan's GDP Per Capita Falls to Lowest Rank Since 1980: Tokyo - Japan's gross domestic product (GDP) per capita slipped to 22nd among 38 OECD member countries in 2023, according to the C ...; HONG MOON HWA Senior Reporter 2024.12.25

Norwegian Postal Service Faces Major Overhaul as Deliveries Dwindle: Oslo, Norway - The Norwegian postal service, Posten, is facing a major overhaul as declining mail volumes and rising costs threate ...; Graciela Maria Reporter 2024.12.25

Norges Bank Holds Rates Steady, Signals Easing Soon: Oslo - Norges Bank Governor Ida Wolden Bache announced on Thursday that the key interest rate will remain at 4.5%, marking a conti ...; Ana Fernanda Reporter 2024.12.25

AI-Generated Reviews Flood Online Marketplaces, Blurring the Lines Between Genuine and Fake: The rise of AI-powered tools capable of generating highly detailed, original online reviews with minimal effort has thrust busines ...; Eugenio Rodolfo Sanabria Reporter 2024.12.25

Holiday Sales on the Island Expected to Be Positive, but Economic Uncertainty Remains: Local retailers are anticipating a strong holiday shopping season, with increased activity reported in recent weeks. However, the ...; Hwang Sujin Reporter 2024.12.25

Laos to Build Largest Seated Buddha Statue: Vientiane, Laos – The Ministry of Planning and Investment, in collaboration with Bokeo provincial officials, held a meeting ...; Graciela Maria Reporter 2024.12.25

Vientiane Achieves Significant Poverty Reduction: Vientiane, Laos - Vientiane has made remarkable strides in poverty reduction, with nearly the entire population now living above t ...; Graciela Maria Reporter 2024.12.25

Mekong River Commission Opens Education Center and Launches One Mekong App in Laos: Vientiane, Laos – The Mekong River Commission (MRC) on December 23rd celebrated the opening of its new Education and Visitor ...; Hwang Sujin Reporter 2024.12.25

KOICA Grants USD 13 Million for Bridge Upgrades in Laos, Enhancing Regional Connectivity: Vientiane, Laos – The Korea International Cooperation Agency (KOICA) announced a USD 13 million grant on December 19th to im ...; Hwang Sujin Reporter 2024.12.25

Oudomxay Province Grants Private Company Bamboo Concession Rights: Oudomxay, Laos - On December 20th, Oudomxay Province signed a concession agreement with Ammata Lao Lanexang Co., Ltd., a private c ...; Graciela Maria Reporter 2024.12.25

Laos Struggles to Enforce Minimum Wage Increase Amid Employer Resistance: Despite a recent nationwide increase in the minimum wage, many employers in Laos are still paying their workers less than the mand ...; Ana Fernanda Reporter 2024.12.25

Argentine model Georgina Rodriguez visits Christian Dior exhibit in Riyadh: Georgina Rodriguez, the long-term partner of football star Cristiano Ronaldo, recently visited the "Christian Dior: Designer of Dr ...; Hwang Sujin Reporter 2024.12.25