Global Economic Times

2026.06.27 (Sat)
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Google Play Hosts 'ChangGoo Alumni Day' to Accelerate Global Expansion for 760 Korean Startups

SEOUL – On June 25, 2026, Google Play, in collaboration with the Ministry of SMEs and Startups (MSS) and the Korea Institute of Startup and Entrepreneurship Development (KISED), held the '20
BYD Unveils First Plug-in Hybrid ‘Sealion 6’ in Korea, Targeting Eco-Friendly Market at 37.5 Million Won

BUSAN — BYD Korea made a significant move in the domestic automotive market on June 26, unveiling its first plug-in hybrid (PHEV) model, the ‘Sealion 6 DM-i,’ at the 2026 Busan Mobil

Minister Kim Secures Breakthrough in EU Steel Quota Negotiations; Eyes Major Submarine Contract in Canada

SEJONG – South Korea’s Minister of Trade, Industry and Energy, Kim Jung-kwan, announced on June 22 that the government has reached a "positive consensus" with the European Unio

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Asia's Largest Telecom Expo Kicks Off in China: AI and Token Economy Take Center Stage: SHANGHAI — The "MWC (Mobile World Congress) Shanghai 2026," the largest mobile telecommunications exhibition in Asia, offici ...; Eugenio Rodolfo Sanabria Reporter 2026.06.24

K-Beauty Sets Its Sights on Southeast Asia: A Market Projected to Reach $11.1 Billion by 2035: The South Korean cosmetics and beauty industry has officially identified Southeast Asia as its next major export frontier, followi ...; Eugenio Rodolfo Sanabria Reporter 2026.06.22

From Rivals to Partners: Toss and KakaoTalk Launch Integrated Remittance Service: In a significant move that reshapes the landscape of South Korea’s fintech sector, the digital finance platform 'Toss' has o ...; Desk 2026.06.22

JoongAng Ilbo Files for Workout Amidst Deepening Group-Wide Liquidity Crisis: SEOUL — JoongAng Ilbo, one of South Korea's premier newspapers, officially filed for a creditor-led workout program on June ...; Yim Kwangsoo Correspondent 2026.06.20

Anthropic Officially Launches Seoul Office to Accelerate AI Expansion in Korea: Anthropic, the U.S.-based artificial intelligence company behind the powerful 'Claude' AI models, officially opened its Seoul offi ...; Global Economic Times Reporter 2026.06.18

LS Cable & System Clinches Phase 2 of East Coast–Seoul HVDC Project, Solidifying National Grid Leadership: SEOUL — LS Cable & System announced on Monday, June 15, 2026, that it has successfully secured the contract for the seco ...; Desk 2026.06.15

[In-depth Report] The Islamic ‘Halal Barrier’ Just Around the Corner… The Silent Screams of K-Beauty SMEs: - Conglomerates Complete Proactive Process Conversions, While SMEs Are Left Stranded Due to High Costs and Lack of Cross-Contamina ...; HONG MOON HWA Senior Reporter 2026.06.13

Korea-EU Forge 'Digital Alliance' to Penetrate 450M Consumer Market, Expanding Economic Territory with $165M Investment: SEOUL / BRUSSELS — South Korea and the European Union (EU) have forged a monumental "digital economic alliance," integrating ...; Global Economic Times Reporter 2026.06.11

Chungbuk Province Achieves $4.92 Million in Export Contracts at Thailand International Food Exhibition: Chungbuk Province announced that it participated in the '2026 Thailand International Food Exhibition (THAIFEX–ANUGA)' held a ...; KO YONG-CHUL Reporter 2026.06.08

Taihan Cable & Solution Secures 140-Billion-Won Extra-High Voltage Power Grid Contract in Singapore, Proving Global Competitiveness: SEOUL — Taihan Cable & Solution has achieved yet another milestone in the global power infrastructure market by securing ...; Hee Chan Kim Reporter 2026.06.08

Daewoong Pharmaceutical’s ‘Envlo’ Demonstrates Consistent Blood Glucose-Lowering Efficacy Across Multinational Patients: SEOUL, South Korea — Daewoong Pharmaceutical announced on June 8 that it has quantitatively verified the mechanism by which ...; Global Economic Times Reporter 2026.06.08

Hyundai AutoEver and KOFAC Launch 'Youth Robotics Challenge' to Nurture Future Digital Talent: SEOUL — Hyundai AutoEver, a mobility software specialized subsidiary of Hyundai Motor Group, announced on June 8 that it has ...; Kim Sungmoon Reporter 2026.06.08

LG and NVIDIA Forge Strategic 'Physical AI' Alliance to Transform Manufacturing, Robotics, and Data Centers: SEOUL — In a landmark move set to reshape the landscape of the global artificial intelligence sector, South Korea’s LG ...; Global Economic Times Reporter 2026.06.08

Tesla and BYD Penetrate South Korea’s Stronghold as Domestic Auto Sales Stumble: SEOUL — South Korea’s once-impregnable domestic automotive market is facing a profound disruption. Long dominated by p ...; Desk 2026.06.05

SAMSUNG D AND LGD CLASH IN TAIWAN: THE BATTLE FOR NEXT-GEN GAMING OLED DOMINANCE: TAIPEI — South Korea’s leading display giants, Samsung Display and LG Display, are locked in a fierce technological ba ...; Eugenio Rodolfo Sanabria Reporter 2026.06.01

Online Automotive Trading Surges 155% in South Korea as Tesla Deliveries Accelerate E-Commerce Shift: SEOUL — South Korea's e-commerce market has achieved an unprecedented milestone, expanding its reach deep into heavy industr ...; Kim Sungmoon Reporter 2026.06.01

Altman’s About-Face: Why Generative AI Won’t Destroy White-Collar Administrative Jobs: SYDNEY — Sam Altman, the chief executive officer of OpenAI and a leading figure at the absolute forefront of the artificial ...; Eugenio Rodolfo Sanabria Reporter 2026.05.27

Government Allows Private Practitioners to Work at Public Health Centers to Resolve Medical Vacuum Caused by Shrinking Number of Public Health Doctors: The South Korean government has implemented a bold regulatory easing measure to fill the growing medical vacuum in rural and medic ...; Min Gyu Mi Reporter 2026.05.24

U.S. Holds Off on Immediate Comprehensive Semiconductor Tariffs, but Pressure Mounts for Samsung and SK Hynix to Accelerate Domestic Investments: WASHINGTON D.C. / SEOUL — In a move that offers temporary breathing room while simultaneously intensifying long-term strateg ...; Global Economic Times Reporter 2026.05.23

Ministry of SMEs and Startups Doublos Support for Open Innovation to Boost Startup Growth Ladder: SEOUL — The South Korean government is significantly expanding its public-private cooperative open innovation initiative to ...; Cho Kijo Reporter 2026.05.19

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