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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Seoul Milk Cooperative Achieves 2 Consecutive Years of 2 Trillion Won Sales: High-Quality Strategy Proves Successful: Seoul Milk Cooperative has once again proven its dominance in the dairy industry by achieving annual sales of over 2 trillion won ...; KO YONG-CHUL Reporter 2025.02.28

Jobplanet Announces '2025 Jobplanet Awards': 11 Best Companies to Work For Selected: Jobplanet, a career platform, announced on the 28th that it has selected 11 of the best companies to work for through the '2025 Jo ...; Hwang Sujin Reporter 2025.02.28

Seoul's Han River Bus Makes Its Debut, Amidst High Hopes and Lingering Doubts: The much-anticipated Han River Bus, a pet project of Seoul Mayor Oh Se-hoon, has finally arrived at the Yeouido pier, marking a si ...; KO YONG-CHUL Reporter 2025.02.28

NVIDIA Surpasses Market Expectations, Alleviating Concerns Over AI Chip Demand Slowdown: NVIDIA, a leader in the artificial intelligence (AI) semiconductor market, has released outstanding financial results that exceede ...; Eugenio Rodolfo Sanabria Reporter 2025.02.28

Nvidia's Slump and Tariff War Fears Trigger Sharp Market Decline: NEW YORK – The New York Stock Exchange experienced a significant downturn on Tuesday, with the Nasdaq Composite taking a par ...; Hannah Yeh Reporter 2025.02.28

5 Major Korean Banks See Household Loans Surge by 2.3 Trillion Won in February: The household loans of the five major commercial banks in Korea have surged by over 2 trillion won again this month. It is analyze ...; Desk 2025.02.27

Iran Imposes Export Bans on Key Agricultural Products to Stabilize Domestic Market: TEHRAN – In an effort to ensure domestic market stability, Iran's Ministry of Agriculture has issued export bans on several ...; Global Economic Times Reporter 2025.02.27

Philippine Finance Chief Advocates for US Free Trade Agreement, Open to Auto Tariff Reductions: MANILA – Philippine Finance Secretary Ralph Recto is actively pursuing a free trade agreement (FTA) with the United States, ...; Pedro Espinola Special Correspondent 2025.02.27

Philippines Exits FATF Grey List, Boosting Investor Confidence, Thanks to Stronger AML/CTF Measures: MANILA – The Philippines has been removed from the Financial Action Task Force (FATF) grey list, a development hailed by the ...; Min Gyu Mi Reporter 2025.02.27

Philippines Targets Doubled Halal Trade Revenues by 2025: MANILA – The Philippines aims to significantly boost its halal trade revenues, targeting nearly PHP16 billion by 2025, accor ...; Pedro Espinola Special Correspondent 2025.02.27

Philippine Economic Growth Projected to Accelerate in 2025, Says UBS Economist: MANILA – The Philippine economy is poised for accelerated growth in 2025, driven by increased investments and robust consume ...; Pedro Espinola Special Correspondent 2025.02.27

Alfamart Boosts MSMEs with In-Store Partnerships, Plans Luzon Expansion: MANILA – Alfamart, the convenience store chain owned by the Sy family, is actively pursuing partnerships with micro, small, ...; Graciela Maria Reporter 2025.02.27

Philippine Government Remains Key Market for Honda Marine and Propmech: MANILA – The Philippine government continues to be the largest consumer for Honda Marine and its local partner, Propmech Cor ...; Graciela Maria Reporter 2025.02.27

South Jeolla Province Invests 90 Billion KRW to Strengthen Global Competitiveness of Seafood Industry: On February 25th, South Jeolla Province announced its plan to invest approximately 90 billion KRW this year to enhance the global ...; Yim Kwangsoo Correspondent 2025.02.27

Soonchunhyang University Offers Up to 100 Million KRW to Early-Stage Startups: Soonchunhyang University has launched its 2025 Early Startup Package, offering up to 100 million KRW in business funding to early- ...; HONG MOON HWA Senior Reporter 2025.02.27

Orion's Choco Pie Hits Record Sales, Becoming a Global Phenomenon: Orion's iconic Choco Pie has achieved a milestone, selling over 4 billion units in 2024, its 50th anniversary year, marking a reco ...; Desk 2025.02.27

LG Electronics Strengthens Competitiveness in the Middle East and Africa TV Market: SEOUL — LG Electronics is stepping up its efforts to strengthen its competitiveness in the Middle East and Africa (MEA) TV m ...; KO YONG-CHUL Reporter 2025.02.26

Hana Securities Raises HYBE's Target Price, Citing BTS Comeback and New Growth: SEOUL – Hana Securities has raised its target price for HYBE Corporation from 280,000 KRW to 310,000 KRW, maintaining a "buy ...; Desk 2025.02.26

Chinese Companies Accelerate Their Offensive in Korean Travel and Retail Markets: Trip.com, the largest online travel agency (OTA) in Asia based in China, has sold more airline tickets than domestic travel agenci ...; KO YONG-CHUL Reporter 2025.02.26

Naver Aims to Redefine Shopping with AI-Powered Personalization: SEOUL – Naver, South Korea's leading internet portal, is poised to revolutionize the online shopping experience with its upc ...; Hwang Sujin Reporter 2025.02.26