Global Economic Times

2026.10.22 (Thu)
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South Korea Considers Immunity for Essential Medical Doctors in Fatal Cases: The South Korean government is advancing a controversial plan to shield doctors from prosecution in cases of patient deaths during ...; Desk 2025.03.07

Tax Authorities Launch Investigation into Tax Evasion Amidst Heated Political YouTube Revenue Competition: SEOUL, South Korea – Amidst the escalating revenue competition among "political YouTubers" during the 12.12 military coup an ...; KO YONG-CHUL Reporter 2025.03.07

North Korea Halts Western Tourist Visits After Three Weeks, Citing Unspecified Reasons: Pyongyang has abruptly suspended tourism for Western groups just three weeks after reopening its borders for the first time in fiv ...; Desk 2025.03.07

Seoul High Prosecutors' Office Review Committee Calls for Arrest Warrants for Presidential Security Officials: The Seoul High Prosecutors' Office Warrant Review Committee has recommended the issuance of arrest warrants for Kim Seong-hoon, De ...; KO YONG-CHUL Reporter 2025.03.07

South Korea's Election Watchdog Engulfed in Hiring Scandal, Faces Calls for Resignation Amidst Legal Hurdles: South Korea's National Election Commission (NEC) is reeling from a massive hiring scandal, with top officials facing mounting pres ...; KO YONG-CHUL Reporter 2025.03.07

Hanjin KAL Faces Scrutiny Over Executive Pay Amidst Public Aid and Rising Consumer Complaints: Hanjin Group's holding entity, Hanjin KAL, is under intense scrutiny for its repeated escalation of executive compensation ceiling ...; Desk 2025.03.07

Financial Supervisory Service Launches 'FSS Investment Explorers' Program for Middle and High School Students: The Financial Supervisory Service (FSS) is launching the 'FSS Investment Explorers' program, a financial investment experience edu ...; Desk 2025.03.06

South Korea Significantly Expands R&D Support for Foreign Investors, Accelerating Efforts to Become a Global Advanced Technology Hub: Seoul, South Korea – The South Korean government has announced a substantial increase in R&D support for foreign direct ...; Global Economic Times Reporter 2025.03.06

South Korea's GNI Growth Stalls Amidst Currency Volatility, Economic Concerns Persist: Seoul, South Korea – South Korea's per capita Gross National Income (GNI) saw a modest increase of 1.2% in 2024, reaching $3 ...; Desk 2025.03.06

Shinsegae Group Under Jung Yong-jin Shifts Focus to Aggressive Growth After Solidifying Foundations: Seoul, South Korea – Marking his first anniversary as Chairman of Shinsegae Group, Jung Yong-jin has announced a strategic p ...; KO YONG-CHUL Reporter 2025.03.06

Trump's Semiconductor Law Repeal Threat: A Strategic Move to Pressure Korean Firms: Washington D.C. - Former U.S. President Donald Trump's recent remarks singling out South Korea and advocating for the repeal of th ...; Hannah Yeh Reporter 2025.03.06

AI's Sensory Revolution: From Drug Detection to Digital Gastronomy: As the era of physical AI dawns, enabling interactions based on real-world spatial data, AI technologies are rapidly incorporating ...; ONLINE TEAM 2025.03.06

Korea Chamber of Commerce and Industry Launches Women Entrepreneurs Committee to Strengthen Female Leadership in the Korean Economy: The Korea Chamber of Commerce and Industry (KCCI) has taken a significant step towards strengthening female leadership in the Kore ...; Hwang Sujin Reporter 2025.03.06

Kolon Group Recruits Pharmaceutical Commercialization Expert Jeon Seung-ho to Lead US Market Strategy for 'Invossa': Kolon Group has appointed Jeon Seung-ho, former CEO of Daewoong Pharmaceutical, as an advisor for its biohealthcare division and C ...; KO YONG-CHUL Reporter 2025.03.06

Gwangju Metropolitan City Announces Public Nomination for the 38th Citizen's Award: Seeking the Best Citizen: Gwangju Metropolitan City announced on the 5th that it is publicly seeking nominations for the '38th Gwangju Metropolitan City Cit ...; Yim Kwangsoo Correspondent 2025.03.06

Seoul Metropolitan Government to Issue Additional 74.5 Billion KRW in 'Seoul Love Gift Certificates' to Support Small Businesses: The Seoul Metropolitan Government announced on March 5th that it will issue an additional 74.5 billion KRW worth of 'Seoul Love Gi ...; Hwang Sujin Reporter 2025.03.06

Police Prepare for Emergency Response as President Yoon Suk-yeol's Impeachment Ruling Looms: Seoul, South Korea – As the Constitutional Court is expected to deliver its ruling on President Yoon Suk-yeol's impeachment ...; KO YONG-CHUL Reporter 2025.03.06

Seoul Doubles Transportation Card Support for Elderly Drivers Voluntarily Surrendering Licenses: Seoul Metropolitan Government announced on January 5th that it will double the transportation card support from 100,000 won to 200 ...; Desk 2025.03.06

K-Rail's Maintenance Expertise Expands Globally, Securing Landmark Deals in Morocco and Uzbekistan: SEOUL, South Korea – Korea Railroad Corporation (KORAIL) has announced a series of significant international contracts, soli ...; KO YONG-CHUL Reporter 2025.03.06

'Elegy Queen' Lee Mi-ja Announces Farewell Performance, Hinting at Retirement After 66-Year Career: Lee Mi-ja, the legendary South Korean singer known as the "Elegy Queen," has signaled her impending retirement after a remarkable ...; KO YONG-CHUL Reporter 2025.03.06