Global Economic Times

2025.10.28 (Tue)
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South Korea's Noodle Love: Second Globally in Instant Ramen Consumption

SEOUL, South Korea — South Koreans’ deep affection for instant ramen is well-documented, but a recent report confirms the nation’s standing as a global giant in noodle consumption. D
Kevin Kim Named US Chargé d’Affaires in Seoul, Focus on Alliance and APEC

Seoul, South Korea—The U.S. Embassy in Seoul formally announced on Monday, October 27, 2025, the appointment of Kevin Kim as chargé d'affaires ad interim, succeeding Joseph Yun. The K

South Korea and Cambodia Launch Joint Task Force to Combat Scams

Kuala Lumpur, Malaysia—South Korean President Lee Jae-myung and Cambodian Prime Minister Hun Manet held a summit in Kuala Lumpur, Malaysia, on October 27, agreeing to establish a 'Korea Task

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Congress Approves PHP17B for Higher Military Allowance: MANILA – The Philippine Congress has recently approved a Php17 billion allocation in the proposed 2025 national budget. This ...; ONLINE TEAM 2024.12.19

South Korea Adjusts Health Insurance Premiums Based on Income and Property: South Korea's National Health Insurance Service has announced revisions to its premium calculation system for the self-employed, o ...; Hwang Sujin Reporter 2024.12.19

Small Business Ombudsman's New YouTube Shorts Series Gains Traction: Seoul, South Korea – The Small Business Ombudsman's newly launched YouTube Shorts series, "Regulatory Stories You Don't Need ...; Desk 2024.12.19

Korea Expands One-Stop Support Services for Vulnerable Groups: According to the Financial Services Commission, 79.3% of those linked to finance and employment this year were unemployed or non-r ...; Desk 2024.12.19

South Korea's Growing Economy, Shrinking Wallets: Seoul, South Korea – Despite a remarkable surge in South Korea's Gross National Income (GNI) over the past seven decades, ma ...; KO YONG-CHUL Reporter 2024.12.19

FSC Warns of Cryptocurrency Phishing Scam: Seoul, South Korea – The Financial Services Commission (FSC) has issued a stern warning to cryptocurrency investors and busi ...; ONLINE TEAM 2024.12.19

South Korea and Nepal Deepen Economic Ties with New Trade Pact: Seoul, South Korea – In a significant move to bolster bilateral economic relations, South Korea and Nepal have signed a Trad ...; Hwang Sujin Reporter 2024.12.19

South Korea Faces Citrus and Berry Shortage Amidst Soaring Food Prices: Seoul, South Korea – South Koreans are finding their favorite winter treats, tangerines, and strawberries, to be increasingl ...; Global Economic Times Reporter 2024.12.19

Saudi Arabia Emerges as a Space Leader with Focus on Sustainability and Innovation: Riyadh - Saudi Arabia is positioning itself as a global leader in the space industry by unveiling initiatives that prioritize inno ...; Graciela Maria Reporter 2024.12.18

Webb Confirms Long-Lived Planet-Forming Disks in the Early Universe: Washington D.C. - NASA's James Webb Space Telescope (JWST) has provided compelling evidence that planet-forming disks around stars ...; Graciela Maria Reporter 2024.12.18

Shenzhou-19 crew completes first extravehicular activities: Shenzhou-19 crew members aboard China's orbiting space station completed the first extravehicular activities (EVAs) of their missi ...; KO YONG-CHUL Reporter 2024.12.18

Finnish Economy to Contract in 2024, Recovery Slow to Take Hold: Helsinki - The Finnish economy is expected to contract by 0.5% in 2024, according to a forecast released by the Bank of Finland on ...; Global Economic Times Reporter 2024.12.18

Knock and Uway Join Forces to Create a Vibrant University Community: Seoul, South Korea – Knock, a popular messaging platform exclusively for university students, has announced a strategic part ...; Desk 2024.12.18

New Water Pavilion Opens in Faro to Raise Awareness About Water Conservation: Faro, Portugal - Águas do Algarve (AdA), the regional water company, has officially opened the "Pavilhão de Á ...; Graciela Maria Reporter 2024.12.18

Taean County to Kick Off '2025 Visit Taean Year' with Grand Ceremony: Taean, South Korea – December 17, 2024 – Taean County, located in South Chungcheong Province, is gearing up to launch ...; HONG MOON HWA Senior Reporter 2024.12.18

Standard Single-Family Home and Land Public Assessment Values to Rise in 2025: Seoul, South Korea – The South Korean government announced on Tuesday that the public assessment values for standard single- ...; Hwang Sujin Reporter 2024.12.18

AI Bill Passes South Korean Committee Amidst Concerns: Seoul, South Korea – South Korea is poised to become a global leader in artificial intelligence (AI) as the nation's parliam ...; Desk 2024.12.18

Prince Andrew Faces Fresh Controversy Over Ties to Suspected Chinese Spy: London – Prince Andrew, the Duke of York and younger brother of King Charles III, is once again at the center of a scandal a ...; Eugenio Rodolfo Sanabria Reporter 2024.12.17

Incheon's Historic Mayor's Residence Designated as Cultural Heritage: Incheon, South Korea – The city of Incheon has announced the designation of the former Incheon mayor’s residence as a ...; Hwang Sujin Reporter 2024.12.17

South Korean Media Calls for Transparency in AI Training Data: Seoul, South Korea – A coalition of five prominent South Korean media organizations has called for stricter regulations on g ...; KO YONG-CHUL Reporter 2024.12.17