Global Economic Times

2025.12.15 (Mon)
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South Korea Launches $115 Million Export Voucher Program to Boost SME Global Reach

SEOUL — South Korea's Ministry of SMEs and Startups (MSS) is accelerating its support for small and medium-sized enterprises (SMEs) aiming for global market expansion. The MSS announced the
International Organizations Raise China's Growth Forecasts, Citing Stimulus and Exports

(C) Global TImesSeveral major international financial institutions, including the World Bank (WB) and the International Monetary Fund (IMF), have recently revised their forecasts for China's econo

South Korea's Rail Consolidation vs. Global Trend of Competition and Service Quality

(C) PixabayThe South Korean government's announcement to integrate the state-owned Korea Railroad Corporation (KORAIL) and SR, a high-speed rail operator, by 2026 has ignited a debate over the fut

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Paraguay Small Online Stores Usher in Era of Simple Payments with QR Codes: Bancard, Paraguay's leading payment network, has announced the official support for QR code payments for online stores of all size ...; Global Economic Times Reporter 2025.05.03

Upscale Asunción Restaurant El Elegido Takes a New Leap Forward with Menu Revamp and All-Day Concept: El Elegido, a high-end restaurant located at the intersection of Denis Roa and Austria Streets in the central business district of ...; Ana Fernanda Reporter 2025.05.03

Chungcheongnam-do Province to Expand Economic and Human Exchange with Uzbekistan: Chungcheongnam-do Province, together with the Chungnam Northern Chamber of Commerce and local business leaders, conducted a 2-nigh ...; HONG MOON HWA Senior Reporter 2025.05.02

World-OKTA Rebrands as 'World Korean Economic and Trade Association' to Reflect Evolving Role: Andong, South Korea – The World Federation of Overseas Korean Traders Associations (World-OKTA), a prominent organization re ...; KO YONG-CHUL Reporter 2025.05.01

Sri Lankan Delights Take Center Stage at Food and Hotel Asia Exhibition in Singapore: Singapore - Ceylon tea, a globally renowned beverage, alongside a diverse array of coconut products and natural drinking water fro ...; Desk 2025.05.01

Singapore's F&B Sector Faces Contraction After a Year of Growth, But Opportunities Remain, Says OCBC: Singapore - Singapore's Food and Beverage (F&B) industry is experiencing a slowdown, marked by market saturation and a challen ...; Eugenio Rodolfo Sanabria Reporter 2025.05.01

Andong Mayor Kwon Ki-chang Urges Tourism as an Act of Charity Following Devastating Wildfires: Andong, South Korea - In a press conference held in conjunction with World OKTA (Overseas Korean Traders Association) President Pa ...; KO YONG-CHUL Reporter 2025.04.30

Yecheon Agri-Food Products Set Stage for Global Expansion at Andong Korea Business Expo: Andong, South Korea – Yecheon County, North Gyeongsang Province, is making significant strides towards entering the global m ...; KO YONG-CHUL Reporter 2025.04.30

World-OKTA's Andong Korea Business Expo Secures $84 Million in Deals, Demonstrating Global Korean Economic Network Power: ANDONG, SOUTH KOREA - The World Korean Traders Association (World-OKTA) concluded its 2025 World Representatives Convention and Ko ...; KO YONG-CHUL Reporter 2025.04.30

Resilient Beauty Salons and Lodging Outshine Struggling Online Retail and Cosmetics in South Korean Startup Survival Rates: SEOUL, South Korea - New data released by South Korea's National Tax Service reveals a stark contrast in the survival rates of var ...; Kim Sungmoon Reporter 2025.04.30

Trump Jr. Holds High-Profile Meetings with South Korean Business Tycoons Amidst U.S. Trade Concerns: SEOUL – Donald Trump Jr., the eldest son of the former U.S. President, arrived in South Korea on Tuesday at the invitation o ...; Eunsil Ju Reporter 2025.04.30

Andong Intensifies Crackdown on Illegal Use of Local Currency to Bolster Regional Economy: Andong, South Korea – Andong City is set to launch a comprehensive 22-day crackdown on the illicit circulation of its popula ...; KO YONG-CHUL Reporter 2025.04.30

Fila Accelerates China Expansion with New Flagship Store Launch: Global sportswear brand Fila is intensifying its efforts to conquer the Chinese market with the grand opening of a new flagship st ...; Eugenio Rodolfo Sanabria Reporter 2025.04.30

Jin Air Resumes Incheon-Qingdao Flights, Boosting Travel Options and Tourism: SEOUL, South Korea – Jin Air, a prominent South Korean low-cost carrier, has announced the resumption of its Incheon-Qingdao ...; KO YONG-CHUL Reporter 2025.04.30

World-OKTA Aims to Be Gateway for Korean SMEs' Global Expansion at Andong Expo: Andong, South Korea – The World Federation of Korean Trade Associations (World-OKTA) has declared its commitment to becoming ...; KO YONG-CHUL Reporter 2025.04.28

JD.com Enters Korean E-commerce Arena with Blitzkrieg Logistics, Threatening Local Players: SEOUL, SOUTH KOREA – E-commerce giant JD.com, often dubbed 'China's Amazon,' has officially launched its full-fledged operat ...; Min Gyu Mi Reporter 2025.04.28

Lotte GRS Expands Restaurant Portfolio with Downtown Debut of Japanese Ramen Brand 'Mukyoku': SEOUL, South Korea – Lotte GRS, the prominent food service franchise arm of South Korean conglomerate Lotte Group, has annou ...; KO YONG-CHUL Reporter 2025.04.28

Sejong City Hosts Japanese Parliamentarians for Smart City, Balanced Development Talks: SEJONG CITY – Mayor Choi Min-ho of Sejong Special Self-Governing City welcomed a delegation of Japanese parliamentarians fro ...; HONG MOON HWA Senior Reporter 2025.04.28

Incheon Bakeries Busted for Storing Expired Ingredients, Violating Food Safety Laws: INCHEON, SOUTH KOREA - Authorities in Incheon have cracked down on several food establishments, including prominent bakery cafes, ...; KO YONG-CHUL Reporter 2025.04.28

Toyota Korea Amplifies After-Sales Service with New Mega Parts Center: SIHEUNG, South Korea – Toyota Korea is significantly bolstering its after-sales service capabilities with the grand opening ...; Hwang Sujin Reporter 2025.04.28