Global Economic Times

2026.04.28 (Tue)
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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

Jeonju Sports Complex Demolished to Make Way for MICE Complex: Jeonju, South Korea – The Jeonju Sports Complex, a beloved landmark that was built with donations from citizens of North Jeo ...; 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

OTT Platforms Collaborate to Enhance User Experience: Seoul, South Korea – Online video streaming platforms (OTTs) are increasingly collaborating to offer more comprehensive cont ...; ONLINE TEAM 2024.11.27

OpenAI Partners with KDB Industrial Bank to Boost South Korea's AI Ecosystem: Seoul, South Korea – OpenAI, the company behind ChatGPT, has signed a Memorandum of Understanding (MOU) with the Korea Devel ...; Global Economic Times Reporter 2024.11.27

South Korea Rushes Through AI Basic Law Amidst Civil Society Concerns: Seoul, South Korea – The South Korean National Assembly has passed a long-awaited AI Basic Law, raising concerns among civil ...; Hwang Sujin Reporter 2024.11.27

SK Broadband Unveils Next-Gen Wi-Fi 7 Router for Home Use: Seoul, South Korea – SK Broadband announced today that it has developed a new Wi-Fi 7 router for home use, offering a signif ...; Desk 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

52 South Korean Conglomerates Struggle to Cover Interest Payments: Seoul, South Korea – A recent study has revealed that 52 of South Korea's largest conglomerates were unable to cover their i ...; Global Economic Times Reporter 2024.11.27

Euro Nears Parity with Dollar as US Economy Outperforms: Seoul, South Korea – The US dollar continues to strengthen against the euro, with the possibility of the two currencies reac ...; Global Economic Times Reporter 2024.11.27

South Korea's Rising Delinquency Rates Signal Economic Strain: Seoul, South Korea – South Korea's credit card and savings bank delinquency rates have surged in the third quarter, indicati ...; KO YONG-CHUL Reporter 2024.11.27

South Korea's Cryptocurrency Tax Debate Heats Up: Seoul, South Korea – South Korea's National Assembly is embroiled in a heated debate over the taxation of cryptocurrency gai ...; Hwang Sujin Reporter 2024.11.27

Dollar Deposits Fluctuate as South Korean Won Weakens: Seoul, South Korea – The fluctuation of the South Korean won against the US dollar has led to increased volatility in dollar ...; Desk 2024.11.27

Lotte Chemical Struggles Amidst Falling Share Prices and Mounting Financial Concerns: Seoul, South Korea – Lotte Chemical's stock price has been plummeting due to a combination of a downturn in the petrochemica ...; KO YONG-CHUL Reporter 2024.11.27

South Korea Opens AI Safety Research Institute to Address Growing Concerns: Seoul, South Korea – South Korea has officially opened the AI Safety Research Institute, a dedicated research organization a ...; ONLINE TEAM 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

Financial Supervisory Service Upholds Auto Lease Companies' Right to Charge Depreciation Fees: Seoul, South Korea – The Financial Supervisory Service (FSS) has ruled that it is legitimate for auto lease companies to cha ...; Hwang Sujin Reporter 2024.11.27

Guro District to Develop 80-Year-Old Air Force Base Site: Seoul, South Korea – Guro District in Seoul is set to embark on a major development project for the approximately 125,000 sq ...; Desk 2024.11.27