Global Economic Times

2025.12.13 (Sat)
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South Korea's Manufacturing, Construction Jobs Plummet Amid Economic Slump: Seoul - South Korea's job market is showing signs of strain as the number of employees in key industries such as manufacturing and ...; Desk 2025.02.17

South Korea's Job Market Freezes Over, Leaving Youth in Despair: South Korea's job market is rapidly deteriorating, with young people bearing the brunt of the downturn. Recent data reveals alarmi ...; Desk 2025.02.17

Korean Convenience Store Giants Face Profitability Crisis Amidst Expansion Race: SEOUL – South Korea's convenience store industry is facing a reckoning after years of aggressive expansion. The sector enjoy ...; Desk 2025.02.17

Apartments Dominate South Korea's Housing Market, Reaching Record High in 2023: Apartments accounted for 77% of all housing transactions in South Korea last year, the highest proportion ever recorded. This indi ...; Desk 2025.02.17

South Korean Self-Employed Workers Face Debt Crisis Amidst High Interest Rates and Economic Slump: SEOUL – South Korea is facing a growing crisis among its self-employed population as rising interest rates and a prolonged e ...; Desk 2025.02.17

Gold Rush in South Korea as Prices Skyrocket Amid Global Uncertainty: South Korea is experiencing an unprecedented surge in gold bar sales this month, with figures already shattering previous records. ...; Desk 2025.02.17

Manufacturing Jobs in South Korea Hit 12-Year Low, Youth Unemployment on the Rise: South Korea's manufacturing sector is facing a deepening crisis as the number of workers in the industry has fallen for seven cons ...; Desk 2025.02.17

Korean Oil Refiners Poised for Gains Amidst LNG Price Surge: Seoul - The recent surge in global liquefied natural gas (LNG) prices is expected to drive up demand for oil, a key substitute, cr ...; Desk 2025.02.16

Bulguksa Temple Receives Largest Government Support for Free Admission Policy: Bulguksa Temple has emerged as the biggest beneficiary of the government's free admission policy for cultural heritage sites, rece ...; Desk 2025.02.16

Yannick Sinner Suspended for 3 Months Due to Positive Doping Test: World No. 1 in men's professional tennis (ATP) singles, Yannick Sinner (Italy), has been suspended from competition for three mont ...; Desk 2025.02.16

Ulsan Chamber of Commerce and Bank of Korea Ulsan Headquarters to Cooperate for Regional Economic Development: The Ulsan Chamber of Commerce announced on the 16th that it will promote various projects to develop the regional economy in coope ...; Desk 2025.02.16

Busan Port to Enhance Competitiveness with Transhipment Monitoring System: Busan Port, the world's second largest transhipment port, will expand the application of the transhipment monitoring system to all ...; Desk 2025.02.16

Wonju City to Hold Grand Opening Ceremony for Sogeumsan Grand Valley Cable Car: Wonju City announced on the 16th that it will hold the grand opening ceremony for the Ganhyeon Tourist Site Cable Car at the Sogeu ...; Desk 2025.02.16

Gyeongsangbuk-do Supports Medical Care for Foreigners in Need: Gyeongsangbuk-do Province is launching a pilot program to provide financial assistance to foreign residents who lack access to hea ...; Desk 2025.02.16

Luxury Apartments Evade Heavy Taxes Due to Outdated Law: Seoul – In the heart of Seoul's upscale Hannam neighborhood, where celebrities like G-Dragon and RM and Jimin of BTS reside, ...; Desk 2025.02.15

New Highway Opens Up a New Era for Commuters in Gyeonggi Province: As the saying goes, "People make roads, and roads make people." The opening of the Anseong-Guri section of the Sejong-Pocheon Expr ...; Desk 2025.02.15

Yongin City to Shorten Folk Village Parking Lot Occupancy Permit Period and Promote Public Use Plan: Yongin City will shorten the occupancy permit period for the river site used by the Korean Folk Village for decades as a parking l ...; Desk 2025.02.15

Beyond the Egg: Exploring High-Protein Food Alternatives: Protein is an essential nutrient that makes up muscles, cartilage, skin, and hair. It is crucial not only for weight management bu ...; Desk 2025.02.14

Honda and Nissan Abort Merger Plans, Ending Hopes for a Japanese Auto Giant: YOKOHAMA, JAPAN – In a stunning turn of events, Honda and Nissan have officially called off their proposed merger, just week ...; Desk 2025.02.13

Korean Scientists Develop Gene Chip for Native Chicken and Duck Breeds: Seoul, South Korea – The Rural Development Administration (RDA) has announced the development of a new gene chip that contai ...; Desk 2025.02.13