Global Economic Times

2025.10.26 (Sun)
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Traffic Congestion Levy Stifles Support for Small Businesses

Seoul — The "Happy Department Store" (Haengbokhan Department Store), established by the South Korean government to support small and medium-sized enterprises (SMEs) and expand sales
South Korea's Per Capita GDP Slump: Taiwan Expected to Overtake for the First Time in 22 Years

SEOUL—South Korea's economic standing is facing a potential setback as the International Monetary Fund (IMF) projects a significant drop in its per capita Gross Domestic Product (GDP) rankin

South Korea 'Trapped': OECD Shock as Tax Revenue Plummets

SEOUL—South Korea faces a dire economic warning, with its ratio of tax revenue to Gross Domestic Product (GDP) plummeting to 17.6% in 2024, ranking it 30th out of 38 OECD member nations. This fi

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Construction Industry Drives Economic Growth in Korea

Global Economic Times Reporter / 2025.01.02
Central Bank of Libya Launches Financial Literacy Campaign to Boost "One Pay" Usage

Pedro Espinola Special Correspondent / 2025.01.01
Soaring Exchange Rates Exacerbate South Korea's Energy Crisis

Desk / 2025.01.01
Jeonbuk Province Faces Double-Digit Export Decline Amid Global Economic Slowdown

Desk / 2025.01.01
South Korea Extends Debt Relief Measures for Vulnerable Groups

Hwang Sujin Reporter / 2025.01.01
Gangnam District, Seoul, Unveils 2025 Budget Focused on Sustainable Growth

Global Economic Times Reporter / 2024.12.31
South Korea's Inflation Reaches a Four-Year Low, But Food Prices Soar

KO YONG-CHUL Reporter / 2024.12.31
Seoul Studio Apartment Rents and Deposits Dip Slightly in November

Global Economic Times Reporter / 2024.12.30
South Korea's Big Five Banks Slash Deposit Rates Amid Central Bank Easing

Desk / 2024.12.30
Soaring Dollar Deals Blow to South Korea's SMEs

Hwang Sujin Reporter / 2024.12.30
South Korean Won Slides to 15-Year Low as Political Uncertainty Deepens

Hwang Sujin Reporter / 2024.12.30
Soaring Fuel Prices in South Korea Despite Stable International Oil Prices

Global Economic Times Reporter / 2024.12.29
Jeju Economic Awards Honors Top Businesses

Desk / 2024.12.28
Philippine Inflation Expected to Remain Low in December

Graciela Maria Reporter / 2024.12.26
Soaring Dollar and Natural Gas Prices Fuel Inflation Fears in South Korea

Hwang Sujin Reporter / 2024.12.26
Egg Prices Soar in South Korea, Government Prepares Subsidies

Hwang Sujin Reporter / 2024.12.26
Bank of Korea Signals Further Interest Rate Cuts Amid Economic Uncertainty

Global Economic Times Reporter / 2024.12.26
Peruvian Economy Minister Hints at Minimum Wage Hike Before New Year

Graciela Maria Reporter / 2024.12.24
South Korea's Wealth Gap Widens as Ultra-High-Net-Worth Individuals Surge

Desk / 2024.12.22
Peru's Central Bank Raises 2024 Growth Forecast

Desk / 2024.12.22