Global Economic Times

2025.11.08 (Sat)
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Incheon City Finalizes Administrative Boundary Adjustment Between Michuhol-gu and Yeonsu-gu: Incheon, South Korea – Incheon City announced on December 31st that it had reached a final agreement on the adjustment of ad ...; KO YONG-CHUL 2024.12.31

Elderly South Koreans Falling Victim to Mobile Phone Contract Scams: Seoul, South Korea – The Korea Consumer Agency (KCA) has issued a warning about a surge in mobile phone contract-related com ...; Hwang Sujin 2024.12.31

Paju City to Construct Gongneung Riverside Plaza: Paju City announced on December 31st that it will invest 800 million won in special adjustment grants from Gyeonggi-do Province to ...; KO YONG-CHUL 2024.12.31

"Young Musician Raises Funds for Adopted Koreans with a Traditional Korean Instrument Concert": Seoul, South Korea – A young Korean musician, Seo Ye-hwa, has combined her passion for traditional Korean music with her com ...; KO YONG-CHUL 2024.12.31

Climate Disasters Cause $229 Billion in Damages, Killing 2,000 in 2024: A new report from Christian Aid has revealed that 10 major climate disasters, including hurricanes and floods, caused $229 billion ...; Desk 2024.12.31

Gangnam District, Seoul, Unveils 2025 Budget Focused on Sustainable Growth: Gangnam District, Seoul, South Korea – The Gangnam District has approved a budget of 1.3737 trillion won (approximately US$1 ...; Global Economic Times 2024.12.31

Bitcoin Stumbles at Year-End Despite Brief Rally: Seoul, South Korea – Bitcoin, the world's largest cryptocurrency, experienced a slight rebound on the last trading day of th ...; Global Economic Times 2024.12.31

Hwangsangjumin, a Korean Soy Bean Mousse Producer, Sees a 3-Fold Increase in Sales After Participating in a Government-Supported Online Sales Program: Yeoncheon, South Korea – Hwangsangjumin, a local company producing "Joseon Kong Mousse" made from domestically grown soybean ...; Global Economic Times 2024.12.31

South Korea Boosts Parental Leave Benefits and Minimum Wage: Seoul, South Korea – South Korea is set to significantly enhance its parental leave benefits in 2025, according to a governm ...; Desk 2024.12.31

South Korea to Expand Mobile ID and Social Contribution Programs: Seoul, South Korea – South Korea is set to introduce several new policies aimed at improving the lives of its citizens. Star ...; Hwang Sujin 2024.12.31

13 New Industries to Issue Cash Receipts in South Korea Starting Next Year: Seoul, South Korea – The South Korean government has announced that 13 new industries will be mandated to issue cash receipt ...; Desk 2024.12.31

South Korea to Fully Implement High School Credit System and Expand After-School Programs: Seoul, South Korea – Starting next year, South Korean high school students will be able to choose and complete courses based ...; Hwang Sujin 2024.12.31

South Korea's Inflation Reaches a Four-Year Low, But Food Prices Soar: Seoul, South Korea – South Korea's consumer price index (CPI) rose 2.3% in 2024, marking the lowest annual increase since 20 ...; KO YONG-CHUL 2024.12.31

South Korean Ship Capsizes, Killing One and Leaving Four Missing: Seosan, South Korea – A tragic maritime accident occurred on December 30, 2024, when the 83-ton ship, "Seohaeho," capsized n ...; HONG MOON HWA 2024.12.31

Rotary Korea Shines with Service in 2024, Spreading Hope Worldwide: Rotary Korea has announced its extensive domestic and international service activities conducted throughout 2024, underscoring the ...; HONG MOON HWA 2024.12.30

Danish Football Star Sofie Junge Pedersen Named Guardian's Footballer of the Year: Copenhagen, Denmark – Sofie Junge Pedersen, the Danish women's national team midfielder, has been named the Guardian's Footb ...; Pedro Espinola 2024.12.30

Chungnam Residents Report Increased Satisfaction with Quality of Life: A comprehensive survey conducted by the Chungnam provincial government has revealed a significant uptick in the overall satisfacti ...; HONG MOON HWA 2024.12.30

Truck Drivers Stage Sit-In Protest at Seobuwon Ochang Mega Hub: Ochang, South Korea – A group of truck drivers employed at Seobuwon Ochang Mega Hub launched a sit-in protest early Wednesda ...; HONG MOON HWA 2024.12.30

South Korea Passes Bill to Reintroduce Consolidated TV License Fee Collection: Seoul, South Korea – The National Assembly of South Korea has passed a revised Broadcasting Act that will reinstate the cons ...; Desk 2024.12.30

TikTok Spearheads Initiative to Combat AI-Generated Misinformation: TikTok has launched a global campaign aimed at increasing user awareness of AI-generated content and combating the spread of deepf ...; Graciela Maria 2024.12.30