Global Economic Times

2026.03.22 (Sun)
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Coway Clinches Top Honor at "Water Taste Awards" for 7th Consecutive Year

Coway Co., Ltd., the "Best Life Solution Company," announced today that it has received the highest rating at the 10th Bottled Water & Water Purifier Tasting Competition, marking its s
Naver to Shut Down Men's Fashion Service 'MR.' to Launch Expanded AI-Driven Fashion Platform

Naver is pivoting its e-commerce strategy by closing its specialized men's fashion curation service, 'MR. (Mister),' to make way for a more comprehensive fashion platform that includes wom

K-Beauty SMEs Join Forces with Distributors: A New Paradigm for Global Expansion through Strategic Consortiums

The South Korean government has unveiled a groundbreaking initiative to propel small and medium-sized enterprises (SMEs) in the cosmetics sector onto the global stage. By shifting from traditional, is

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Korean Retailer GS Supermarket Pulls Out of Indonesian Market, Citing Unspecified Reasons: Jakarta, Indonesia – South Korean supermarket chain GS Supermarket is set to completely cease its operations in Indonesia by ...; Graciela Maria Reporter 2025.05.07

Mona Yongpyong Forges Strategic Alliances with Malaysian Hospitality and Golf Leaders in Global Expansion Bid: Mona Yongpyong, a prominent South Korean resort operator, has announced a significant step in its global expansion strategy throug ...; Desk 2025.05.07

Boseong and Sabah Cultivate Cross-Cultural Ties Through Shared Love of Tea: Boseong County, South Jeolla Province, South Korea – The verdant tea fields of Boseong, renowned as the "tea capital" of Kor ...; Hwang Sujin Reporter 2025.05.07

South Korea's Gyeongsangnam-do Province Forges Strong Ties in Turkey'sburgeoning Nuclear Energy Market, Securing $94.92 Million in Export Consultations: Gyeongsangnam-do Province, a key hub for South Korea's nuclear power industry, has made significant strides in tapping into the bu ...; Yim Kwangsoo Correspondent 2025.05.07

Aeon Group Embarks on Ambitious Expansion in Vietnam, Targeting 100 Mega-Stores by 2030: Tokyo, Japan – Aeon Group, Japan's preeminent retail conglomerate, has unveiled an aggressive expansion strategy for its Vie ...; Ana Fernanda Reporter 2025.05.07

Bonghwa County Bets on 'Bongt'nam': A Unique Cultural Tourism Venture Bridging Korea and Vietnam: Bonghwa County, nestled in the inland region of North Gyeongsang Province, South Korea, is embarking on an ambitious tourism devel ...; Yim Kwangsoo Correspondent 2025.05.07

Up to 30% Discount on 'Seoul Delivery+' ('Ddanggyeo-yo') Orders in Gangnam, Gwanak, and Yeongdeungpo Districts: Residents in the Gangnam, Gwanak, and Yeongdeungpo districts of Seoul can receive up to a 30% discount when ordering food through ...; Hwang Sujin Reporter 2025.05.07

Gyeonggi Province Initiative Aims to Foster "Happy Workplaces" for Migrant Workers Amidst Persistent Challenges: In a significant move to address the often-precarious working conditions faced by migrant laborers, the Gyeonggi Job Foundation ha ...; Desk 2025.05.07

Airline Stocks Surge as Investors Flock in Response to Falling Won-Dollar Exchange Rate: Airline stocks are experiencing a broad rally on the South Korean stock market today, buoyed by a sharp decline in the Korean won- ...; Desk 2025.05.07

Paraguayan Ministry of Economy and Finance Suspends Payments to 8,000 Pensioners for Not Participating in Mandatory Census: The Paraguayan Ministry of Economy and Finance (MEF) has announced the temporary suspension of pension payments to over 8,000 pens ...; Graciela Maria Reporter 2025.05.06

T-shirts Featuring Paraguayan History, the Shining Idea of a Young Designer: Cristina León, a young designer from San Lorenzo, has combined her passion for history and design to create a cultural proj ...; Eugenio Rodolfo Sanabria Reporter 2025.05.06

Parking Fee Implementation in Encarnación Faces Strong Opposition, Demands for Suspension Flood In: The recently introduced parking fee policy in the city of Encarnación, Paraguay, is facing strong opposition from citizens, ...; Eugenio Rodolfo Sanabria Reporter 2025.05.06

Samsung Challenges India's $1.3 Billion Tariff and Penalty, Setting Stage for Legal Showdown: Samsung Electronics has mounted a vigorous legal challenge against the Indian government's demand for a staggering ₹14.8 billion ( ...; KO YONG-CHUL Reporter 2025.05.05

Booming Vietnamese Medical Device Market Poised to Surpass $1.7 Billion, Offering Significant Opportunities for South Korean Exporters: Vietnam's burgeoning medical device market is on track to exceed a substantial $1.7 billion (approximately ₩2.55 trillion) in 2024 ...; Ana Fernanda Reporter 2025.05.05

Goheung County's Seaweed Exports to Indonesia Gain Momentum, Targeting Broader Southeast Asian, Middle Eastern, and Indian Markets: Goheung County in Jeollanam-do Province, South Korea, is making significant strides in penetrating the Indonesian market with its ...; Yim Kwangsoo Correspondent 2025.05.05

Seoul Metropolitan Government to Develop Popular Local Eatery Menus into Meal Kits Based on Citizen Recommendations: The Seoul Metropolitan Government will develop popular menus from traditional markets into convenient meal kits that can be easily ...; Hwang Sujin Reporter 2025.05.05

Chungbuk Province Intensifies Efforts to Attract Japanese and Taiwanese Tourists, Capitalizing on Hallyu Wave: Chungcheongbuk-do Province, a region in South Korea known for its scenic beauty and cultural heritage, is strategically targeting ...; HONG MOON HWA Senior Reporter 2025.05.05

Mercosur Certificate of Origin: The Engine of Export Competitiveness for Paraguay's Maquila Industry: The Southern Common Market, Mercosur (Mercado Común del Sur), stands as a significant economic bloc in South America, compr ...; Yim Kwangsoo Correspondent 2025.05.05

Hana Bank Signs MOU with the Vietnamese Association in Korea: Hana Bank announced on May 2nd that it had signed a Memorandum of Understanding (MOU) with the Vietnamese Association in Korea on ...; Desk 2025.05.03

Korean Ramen Empire Expands Globally, Capitalizing on K-Culture Wave: AGUAS CALIENTES, PERU - High in the Peruvian Andes, on the winding path leading to the ancient Inca citadel of Machu Picchu, an un ...; Global Economic Times Reporter 2025.05.03