Global Economic Times

2025.10.28 (Tue)
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South Korean Retailers Expand Overseas Amid Domestic Slump: Seoul, South Korea – As South Korea grapples with prolonged high inflation and a deepening economic downturn, domestic retai ...; Global Economic Times Reporter 2025.01.06

South Korean Public Institutions to Invest 66 Trillion Won in 2025: Seoul, South Korea – The South Korean government has announced that 26 major public institutions will collectively invest 66 ...; Global Economic Times Reporter 2025.01.05

South Korea Diversifies Semiconductor Exports Amidst US-China Tech Rivalry: South Korea's reliance on China for semiconductor exports has diminished in recent years due to the escalating US-China tech rival ...; Global Economic Times Reporter 2025.01.05

AI-Powered PCs Struggle to Gain Traction, but Manufacturers Push Ahead: Seoul, South Korea – Despite a surge in AI-powered personal computers (PCs) in 2024, these devices have yet to fully capture ...; Global Economic Times Reporter 2025.01.05

K-Beauty Sunscreens Face Regulatory Hurdles in the US: The boom of Korean sunscreens in the US, once led by brands like Joseon Beauty, is facing a slowdown due to stricter US regulatory ...; Global Economic Times Reporter 2025.01.05

Kia Sets New Record with Highest Annual Sales: Seoul, South Korea – Kia Corporation has announced that it achieved its highest annual sales ever in 2024, surpassing the pr ...; Global Economic Times Reporter 2025.01.05

South Korean Consumers Pay More for YouTube Premium: A recent investigation by the National Assembly Research Service has revealed that South Korean consumers are paying significantly ...; Global Economic Times Reporter 2025.01.05

Entire Communities Mourn Jeju Air Crash Victims: Gwangju and Jeonnam in Deep Sorrow: Gwangju and Jeonnam, South Korea, are enveloped in a deep wave of grief following the devastating Jeju Air crash. With 157 of the ...; Global Economic Times Reporter 2025.01.05

South Korea's Overseas Construction Orders Hit $1 Trillion Milestone: Seoul, South Korea – South Korea's construction industry has reached a significant milestone, surpassing $1 trillion in cumu ...; Global Economic Times Reporter 2025.01.03

South Korea Faces Economic Storm, Government Warns: Seoul, South Korea – South Korea is bracing for a significant economic slowdown this year, with the government forecasting a ...; Global Economic Times Reporter 2025.01.03

South Koreans Face Growing Anxiety Over Retirement Security: Seoul, South Korea – A recent survey conducted by Money Today and Gallup Korea has revealed deep-seated concerns among South ...; Global Economic Times Reporter 2025.01.02

South Koreans Struggling to Save for Retirement Despite Growing Concerns: Seoul, South Korea – A recent survey has revealed that while a majority of South Koreans recognize the importance of retirem ...; Global Economic Times Reporter 2025.01.02

South Korea Unleashes Stimulus Package to Revitalize Economy: Seoul, South Korea – In a bid to bolster consumer sentiment and revive a struggling economy, the South Korean government has ...; Global Economic Times Reporter 2025.01.02

Fair Trade Commission Tightens Penalties for False Advertising: Seoul, South Korea – The Fair Trade Commission (FTC) announced today that it will revise its detailed guidelines for imposin ...; Global Economic Times Reporter 2025.01.02

SPC Group to Build Largest Overseas Bakery in Texas: Dallas, Texas – SPC Group, the parent company of Paris Baguette, announced today that it will construct its largest overseas ...; Global Economic Times Reporter 2025.01.02

South Korea's Big 5 Banks See Slowdown in Household Lending: Seoul, South Korea – South Korea's five largest commercial banks experienced a notable slowdown in household lending last mo ...; Global Economic Times Reporter 2025.01.02

Samsung SDS Crowned as South Korea's Largest Cloud Service Provider: Seoul, South Korea – Samsung SDS has been recognized as South Korea's premier cloud service provider, according to the lates ...; Global Economic Times Reporter 2025.01.02

Busan Selected to Host 2025 World Smart City Expo: Busan, South Korea – Busan has been chosen as the host city for the 2025 World Smart City Expo, solidifying its position as ...; Global Economic Times Reporter 2025.01.02

Construction Industry Drives Economic Growth in Korea: Seoul, South Korea – A new study by the Korea Institute for Industrial Economics and Trade (KIET) has revealed that the cons ...; Global Economic Times Reporter 2025.01.02

Danyang County, South Korea, Tops Tourism Index Despite Population Decline: Danyang, South Korea – A small county in South Korea's North Chungcheong Province has defied expectations by securing the to ...; Global Economic Times Reporter 2025.01.02