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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South Koreans Fear Income Gap After Retirement: Seoul, South Korea – A recent survey conducted by Money Today, commissioned by Gallup Korea, has revealed that South Korean ...; Desk 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

South Korea Unveils New Economic Policy Amidst Political Uncertainty: Seoul, South Korea – The South Korean government has unveiled a new economic policy package aimed at stimulating the domesti ...; Desk 2025.01.02

K-Pass Expansion: More Families to Benefit from Public Transportation Subsidies: Seoul, South Korea – The Ministry of Land, Infrastructure and Transport announced that it will be adding a new category for ...; Hwang Sujin Reporter 2025.01.02

Gyeongnam Province Sees Decline in Youth Outflow: Gyeongnam, South Korea – January 2. The rate of youth outflow from Gyeongnam Province has shown a significant decline, accor ...; JEONG CHAN MYEONG Senior Reporter 2025.01.02

Beagles: A Tech Startup Healing Hearts with AI: Seoul, South Korea – Beagles, a South Korean tech startup, is making waves in the mental health tech industry with its innov ...; Hwang Sujin Reporter 2025.01.01

South Korea to Ease Housing Regulations, Tighten Lending Rules in 2024: Seoul, South Korea – South Korea is set to implement a series of new real estate policies in 2024 aimed at easing the burden ...; Global Economic Times Reporter 2025.01.01

Winter Chill Exacerbates Sciatica: What You Need to Know: As winter's icy grip tightens, many people find themselves battling aches and pains. One common complaint during colder months is ...; Desk 2025.01.01

South Korea Boosts Electric Vehicle Subsidies for Youth and Large Families in 2025: Seoul, South Korea – The South Korean government is set to expand its electric vehicle (EV) subsidy program in 2025, offerin ...; KO YONG-CHUL Reporter 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 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 Reporter 2024.12.31

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 Senior Reporter 2024.12.30

South Korea Boosts Housing Support for Newlywed Couples with Newborns: Seoul, South Korea – In a bid to address the country's declining birthrate, the South Korean government has announced a sign ...; KO YONG-CHUL Reporter 2024.12.30

Hanmi Pharmaceutical Unveils New Hypertension Drug, Aiming to Revolutionize Treatment: Seoul, South Korea – Hanmi Pharmaceutical, a leading Korean pharmaceutical company, has announced the development of a groun ...; Desk 2024.12.29

South Korea Expands Access to Home Nursing and Improves Hospital Care: Seoul, South Korea – South Korea’s Ministry of Health and Welfare has announced significant reforms to its healthcare ...; Desk 2024.12.29

South Korea to Shorten Healthcare Pricing Review Cycle: Seoul, South Korea – South Korea’s Ministry of Health and Welfare announced today that it will shorten the review cycl ...; Hwang Sujin Reporter 2024.12.29

Disabled-Friendly Elevators Cause Delays for Seoul Subway Riders: Seoul, South Korea – A growing number of Seoul subway commuters are expressing frustration over the city's subway elevator s ...; KO YONG-CHUL Reporter 2024.12.29

South Korea's Housing Market Remains Unaffordable, Study Finds: Seoul, South Korea – South Korea's housing market continues to be a significant challenge for many, with a new government st ...; Hwang Sujin Reporter 2024.12.29

South Korea Sees Uptick in Heart Attacks and Strokes, Mortality Rates Rise: Seoul, South Korea – South Korea is grappling with a concerning rise in heart attacks and strokes, according to the latest d ...; Hwang Sujin Reporter 2024.12.29

A Taxi Driver's Legacy: Commemorating Kim Sa-bok, 40 Years After: Gwangju, South Korea – On December 19th, a commemorative Mass was held at Pungamunri Catholic Church in Gwangju to honor the ...; KO YONG-CHUL Reporter 2024.12.29