Global Economic Times

2026.06.30 (Tue)
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Seoul Court Sentences Former First Lady Kim Keon-hee to Seven Years for Influence Peddling

SEOUL – In a landmark ruling that has sent shockwaves through the South Korean political landscape, the Seoul Central District Court on June 26, 2026, sentenced former First Lady Kim Keon-hee to
South Korea Lodges Protest After Chinese and Russian Warplanes Breach KADIZ

SEOUL – The South Korean Ministry of National Defense issued a stern protest on June 28, 2026, following the unauthorized entry of more than 10 Chinese and Russian military aircraft into the Kor

Escalating Crisis: Teenage Drug Offenders Caught in Repeat Crimes Amidst "Telegram Drug Events"

INCHEON, South Korea — A disturbing trend of adolescent drug abuse has reached a new breaking point, as a 17-year-old girl, previously granted leniency for drug offenses, was arrested and indict

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Tourists from Taiwan and Hong Kong visiting Busan are at an all-time high: [GLOBAL ECONOMIC TIMES] The number of Taiwanese and Hong Kong tourists visiting Busan this year is expected to reach an all-time ...; Global Economic Times Reporter 2024.10.30

The 6th French Days in Seoul was full of passion.: [GLOBAL ECONOMIC TIMES] The French Tourism Organization held ‘French Days in Seoul 2024’ on the 22nd. French Days in ...; Global Economic Times Reporter 2024.10.30

Daycare admission - Kindergarten admission application, unified into ‘Kindergarten integrated portal’ next month: [GLOBAL ECONOMIC TIMES] Applications for next year’s daycare or kindergarten admission can be made through the unified &lsq ...; Hwang Sujin Reporter 2024.10.30

What is the average TOEIC score in Korea?... The number of successful applicants from large companies is more than 100 points higher.: [GLOBAL ECONOMIC TIMES] The average TOEIC score of Koreans was found to be 709 points. The average TOEIC score of successful appl ...; Desk 2024.10.30

Opening of a shelter for multicultural families... Contribution to intercultural understanding: [GLOBQL ECONOMIC TIMES] The Youth Stump Foundation opened the ‘Stumpet Multicultural Center’ (pictured), a support sp ...; Hwang Sujin Reporter 2024.10.30

30 GIST professors named to the list of ‘World’s Top 2% Researchers’: [GLOBAL ECONOMIC TIMES] 30 professors at Gwangju Institute of Science and Technology (GIST) were selected as among the top 2% of ...; ONLINE TEAM 2024.10.30

‘Complex shopping mall + dome stadium’ Incheon Starfield Cheongna, 21,000 seats confirmed... Construction permit completed: [GLOBAL ECONOMIC TIMES] The Incheon Free Economic Zone Authority announced on the 29th that it approved a change in the building ...; Desk 2024.10.30

“The price of 80 kg of rice has fallen to 160,000 won... We are only accumulating debt due to farming.”: [GLOBAL ECONOMIC TIMES] As the rice harvest approaches, female farmers are becoming increasingly anxious. This is because the pri ...; Desk 2024.10.30

The 1st Royal Park City Content Contest held: [GLOBAL ECONOMIC TIMES] DK Asia announced on the 29th that it will hold the '2024 1st Royal Park City Content Contest' containing ...; Desk 2024.10.30

For foreign students to settle down... Chungcheongbuk-do introduces guardianship system for foreign students: [GLOBAL ECONOMIC TIMES] North Chungcheong Province announced on the 21st that it will introduce the 'K-Guardian' system to help f ...; Desk 2024.10.29

One in four people in their 20s is a non-regular worker, the highest proportion ever.: [GLOBAL ECONOMIC TIMES] Four out of 10 wage workers in their 20s were counted as irregular workers. The proportion of people in t ...; Desk 2024.10.29

Starting next year, I will learn finance in high school... “Learn about loans, house contracts, etc.”: [GLOBAL ECONOMIC TIMES] Starting next year, ‘Finance and Economic Life’ will be added as an elective subject in the h ...; Desk 2024.10.29

About 2.4 billion won was invested in IB (International Baccalaureate) education, but less than 10% were certified schools.: [GLOBAL ECONOMIC TIMES] The budget paid by metropolitan and provincial offices of education across the country to the Swiss IB he ...; Desk 2024.10.29

Will a ‘November typhoon’ come to the Korean Peninsula? ‘Kongrey’ advances north from the Philippines: [GLOBAL ECONOMIC TIMES] As Typhoon 'Kong-rey', which occurred in the North Pacific, is heading north, there is talk of the possib ...; Global Economic Times Reporter 2024.10.28

Woomi Construction Consortium sells ‘Newv Cloud Hills’ in Magok District in October: [GLOBAL ECONOMIC TIMES] Woomi Construction Consortium will supply 'New Cloud Hills' to be built in Magok-dong, Gangseo-gu, Seoul ...; Global Economic Times Reporter 2024.10.28

Green belts, etc. released, 90,000 households... Supply measures for the metropolitan area are pouring in next month.: [GLOBAL ECONOMIC TIMES] In November, the government's ambitious plan to supply mega-housing will be announced one after another. ...; Global Economic Times Reporter 2024.10.28

Mok-dong Complex 12 “Transformed into 2,788 households with up to 43 floors”: [GLOBAL ECONOPMIC TIMES] While the reconstruction plans for 14 old Mok-dong apartment complexes in Yangcheon-gu, Seoul are being ...; Global Economic Times Reporter 2024.10.28

Payment for railway, bus and airline tickets in one place... ‘Super Move’, an integrated app created by the Ministry of Land, Infrastructure and Transport: [GLOBAL ECONOMIC TIMES] The nationwide MaaS (K-MaaS) service, which allows users to use various transportation methods such as ra ...; Desk 2024.10.28

Make friends and raise pets in the virtual world... Avatar customization that swept Japan is coming to Korea: [GLOBAL ECONOMIC TIMES] Cocone, a global avatar service company, announced on the 25th that it will release the Korean version of ...; Global Economic Times Reporter 2024.10.27

Man in his 40s suffered cardiac arrest after collapsing during a beer drinking contest... Safe with first aid: [GLOBAL ECONOMIC TIMES] According to a Newsis report on the 27th, at around 5:18 p.m. on the 25th, an accident occurred during a ...; Desk 2024.10.27