Global Economic Times

2026.05.08 (Fri)
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Pioneer of the World’s First Coffee Mix: Former Dongsuh Foods Vice Chairman Cho Phil-je Passes Away at 101

SEOUL — Cho Phil-je, the former Vice Chairman of Dongsuh Foods and the visionary leader behind the invention of the world’s first "coffee mix," passed away on April 20, 2026. H
The ‘Einstein of Wall Street’ on Market Resilience: "The Fog of War is Lifting, Only Oil Remains"

NEW YORK — Amidst the chaotic clatter of the New York Stock Exchange (NYSE) floor, one face remains the undisputed icon of American capitalism. With his trademark wild white hair, thick-rimmed g

[Interview] Chairman David Cha of ‘Ethiopia Bet’: "Building a House (Bet) of Self-Reliance Beyond Simple Relief"

[SEOUL = Global Economic Times] "In Amharic, 'Bet' means 'Home.' What we aim to build is not just a physical structure, but a foundation for a life of dignity where people can st

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Misleading Claims About Biodegradable Plastics Plague the Market: Seoul, South Korea – As consumer awareness of eco-friendly products grows, so too does the demand for biodegradable plastics ...; Global Economic Times Reporter 2024.12.04

South Koreans Prioritize Overseas Travel Amid Rising Incomes: Seoul, South Korea – As South Korea's economy continues to grow, a growing number of citizens are opting for overseas vacati ...; Hwang Sujin Reporter 2024.12.02

Parkcellbio Seeks to Expand Indication for Canine Immunotherapy Drug: Parkcellbio, a pioneer in immuno-oncology treatments, has announced that it has submitted an application to the [Relevant Regulato ...; Desk 2024.12.02

South Korea Expands Winter Health Protection for Vulnerable Workers: Seoul, South Korea – The South Korean government is stepping up efforts to protect workers from cold-related illnesses this ...; Desk 2024.12.02

South Korea Seeks to Overhaul Family Policies Amid Rising Unmarried Births: Seoul, South Korea – South Korea is facing growing pressure to overhaul its family policies to accommodate the increasing nu ...; Hwang Sujin Reporter 2024.12.02

South Korea to Extend Passport Validity for Conscripted Men: Seoul, South Korea – South Korea will be extending the validity of passports for those yet to complete their mandatory milit ...; Hwang Sujin Reporter 2024.12.02

Singaporean Woman Loses S$1.1 Million to Elaborate Police Impersonation Scam: Singapore - A 67-year-old woman, identified only as Grace, has fallen victim to a sophisticated police impersonation scam, losing ...; ONLINE TEAM 2024.12.01

Yesan County Bucks the Trend: Population Growth Amidst Nationwide Decline: Yesan, South Korea – While many rural areas in South Korea grapple with declining populations, Yesan County is bucking the t ...; Desk 2024.11.30

Incheon Sees Significant Increase in Birthrate, Leading the Nation: Incheon, South Korea – Incheon has reported a remarkable increase in its birthrate, marking the highest growth rate among al ...; KO YONG-CHUL Reporter 2024.11.30

Long-Term Exposure to Wildfire-Generated Fine Particulate Matter Linked to Increased Dementia Risk: A new study has found a strong link between long-term exposure to fine particulate matter (PM2.5) from wildfires and an increased ...; KO YONG-CHUL Reporter 2024.11.29

SK Chairman Emphasizes Social Contribution and Global Talent Cultivation: SK Group Chairman Choi Tae-won emphasized the importance of giving back to society during the 50th anniversary of the Korea Founda ...; Global Economic Times Reporter 2024.11.29

Single Women in UK Seek Fertility Treatments in Growing Numbers: London, UK – The number of single women in the United Kingdom undergoing fertility treatments such as donor insemination (DI ...; Hwang Sujin Reporter 2024.11.29

NewJeans Announces Contract Termination with ADOR, Citing Breach of Trust: Seoul, South Korea – NewJeans, one of K-pop's most popular girl groups, has announced their decision to terminate their excl ...; KO YONG-CHUL Reporter 2024.11.29

S-Oil Honors Eight Firefighters as Heroes: Seoul, South Korea – S-Oil, a major South Korean refiner, has honored eight firefighters for their exceptional service and b ...; Hwang Sujin Reporter 2024.11.28

Chileans Urged to Update Family Information for 2025 Family Subsidy: Santiago, Chile – The Chilean Pension Insurance Agency (IPS) has issued a reminder for all beneficiaries to update their fam ...; Global Economic Times Reporter 2024.11.28

Chile's Family Subsidy Program Offers Financial Relief to Low-Income Families: Santiago, Chile – The Chilean government has implemented a family subsidy program aimed at providing financial support to lo ...; Graciela Maria Reporter 2024.11.28

Retired Nepali Police Officer Finds Success in Rainbow Trout Farming: Parbat, Nepal – Bikash Timilsina, a former police officer from Modi Rural Municipality-2, Deupur in Parbat district, Nepal, ...; Eugenio Rodolfo Sanabria Reporter 2024.11.28

Panasonic's China Success Built on Matsushita's Vision: Osaka, Japan – Tetsuro Homma, executive vice president of Panasonic Holdings Corporation and group chief executive for China ...; Desk 2024.11.28

New Paraguayan Bishop Calls for Church to Address Social Injustice: Newly elected Archbishop of Paraguay, Pierre Jubinville, has issued a call for the Catholic Church to play a more active role in a ...; Pedro Espinola Special Correspondent 2024.11.26

Paraguayan Legend Margarita Irún Takes on Comedy in New Play: Paraguayan acting legend Margarita Irún is set to delight audiences once more with her latest theatrical venture, "El silen ...; Pedro Espinola Special Correspondent 2024.11.26