Global Economic Times

2026.06.28 (Sun)
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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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Portugal's Golden Glow: A Magnet for Global Investors: Portugal's ascent to joint third place in Henley & Partners' Global Residence Programme Index is a testament to the nation's s ...; Graciela Maria Reporter 2025.03.01

Finland's Economic Seas Grow Choppy: Navigating the 2024 Trade Deficit: Finland's economic landscape is showing signs of strain, as evidenced by the latest trade statistics released by Finnish Customs. ...; Eugenio Rodolfo Sanabria Reporter 2025.03.01

Panama Canal Secures Future with Rio Indio Reservoir: A Vital Step Towards Water Security: The Panama Canal, a linchpin of global trade, has taken a decisive step to safeguard its future by approving funding for the const ...; Ana Fernanda Reporter 2025.03.01

Jeonbuk Special Self-Governing Province Accelerates Fostering Innovative Companies in the Agro-Biofood Sector: The Jeonbuk Institute of Bio-Convergence Technology is taking steps to create an environment for the phased growth of promising in ...; Desk 2025.03.01

Jeongeup City Enacts Ordinance to Support Insect Industry Development: Jeongeup City has enacted an ordinance to support the development of the insect industry, aiming to secure a future source of inco ...; Desk 2025.03.01

Jinan Red Ginseng Makes Successful Debut in Chinese Market: A Signal Flare for Global Expansion: Ecopanax Co., Ltd. (CEO Kim Seong-hoon), located in Jinan-gun, has successfully launched its premium product, "Triple Jinan Red Gi ...; Yim Kwangsoo Correspondent 2025.03.01

The Lonely Demise of Jeonju's '10,000 Won Happiness Street': Community Neglect and Lost Dreams: Once a beacon of hope for revitalizing the local economy, Jeonju's '10,000 Won Happiness Street,' located near Nosongcheon Stream, ...; Hwang Sujin Reporter 2025.03.01

Olive Young Launches Massive "OllYoung Sale" Offering Up to 70% Off on Thousands of K-Beauty Essentials: Seoul, South Korea – Olive Young, South Korea's premier health and beauty retailer, has announced its highly anticipated "Ol ...; Hwang Sujin Reporter 2025.03.01

Lotte Group to Sell Lotte Rental to Affinity Equity Partners in $1.2 Billion Deal: Seoul, South Korea – Lotte Group announced on February 28th that it will sign a definitive agreement to sell its rental busi ...; Desk 2025.03.01

Rising Popularity of Tea in South Korea: A Growing Market: South Koreans, known for their love of coffee, are increasingly embracing the charm of tea. Once considered the preserve of the mi ...; Hwang Sujin Reporter 2025.03.01

Hyundai's José Muñoz Drives to Victory: Named MotorTrend's 2025 Person of the Year: Los Angeles, CA – In a significant recognition of automotive leadership, José Muñoz, President of Hyundai Moto ...; Eunsil Ju Reporter 2025.03.01

Pharmaceutical Companies Reconsidering Sales at Daiso Amid Controversy Over Low-Cost Health Supplements: Seoul, South Korea – Il-Yang Pharmaceutical has decided to withdraw its health supplement products from Daiso just five days ...; Hwang Sujin Reporter 2025.03.01

U.S. Slaps Steep Tariffs on Korean Aluminum Cables Over China Circumvention Claims: The United States has levied substantial anti-dumping and countervailing duties on aluminum wire and cable (AWC) manufactured in S ...; Hannah Yeh Reporter 2025.03.01

FILA's 'Echappe V2' Sells Out: A New Legend of Han So-hee's Sneakers: FILA's 'Echappe' sneakers, which gained immense popularity last year as 'Han So-hee's sneakers,' have once again achieved a sell-o ...; Sharon Yoon Correspondent 2025.03.01

Iberostar Opens Controversial Luxury Hotel in Havana Amidst Economic Crisis: MIAMI, USA – Iberostar Cuba Hotels & Resorts has announced the grand opening of the Iberostar Selection La Habana, also ...; Hannah Yeh Reporter 2025.02.28

Mineros S.A. Announces New President After a Decade of Leadership: Medellín, Colombia - Mineros S.A., a leading Latin American gold mining company, has announced the appointment of David Lon ...; Graciela Maria Reporter 2025.02.28

Peru's Coffee Exports Reach Historic Highs, Driven by Global Demand and Quality: Peru's coffee exports have surged to unprecedented levels, exceeding US$1.1 billion in 2024, marking a 33% increase from the previ ...; Ana Fernanda Reporter 2025.02.28

Turkey's African Trade Surge: $1.5 Billion Exports in January, North Africa Dominates: ISTANBUL – Turkey's robust trade relations with Africa continue to flourish, with January exports reaching a substantial $1. ...; Eugenio Rodolfo Sanabria Reporter 2025.02.28

OKTA Trade Committee Announces "2025 4th Trade Show" in Andong: Andong, South Korea – The World Federation of Overseas Korean Traders Associations (OKTA) Trade Committee is pleased to anno ...; KO YONG-CHUL Reporter 2025.02.28

Soaring Vegetable and Fruit Prices Drive Shift to Frozen Produce in South Korea: SEOUL, South Korea - South Korea is experiencing a surge in vegetable and fruit prices, driven by this winter's severe weather con ...; ONLINE TEAM 2025.02.28