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  • K-Consumables Pop-up...

    K-Consumables Pop-up Strategy Targets Central Japan Distribution Hub, K-Beauty Popularity Spreading

    (C) KOTRA The Korea Trade-Investment Promotion Agency (KOTRA, President Kang Kyeong-seong) held the "Directly Experiencing K-Beauty Sales Promotion" from December 4th to 13th at Lalapor

  • South Korea Launches...

    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 Organi...

    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

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SK Energy Becomes First South Korean Refiner to Export Sustainable Aviation Fuel to Europe
Ulsan, South Korea – SK Energy, a leading South Korean refiner, has announced its successful export of Sustainable Aviation ...
JEONG CHAN MYEONG Senior Reporter 2025.01.05

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K-Beauty Sunscreens Face Regulatory Hurdles in the US
The boom of Korean sunscreens in the US, once led by brands like Joseon Beauty, is facing a slowdown due to stricter US regulatory ...
Global Economic Times Reporter 2025.01.05

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Kia Sets New Record with Highest Annual Sales
Seoul, South Korea – Kia Corporation has announced that it achieved its highest annual sales ever in 2024, surpassing the pr ...
Global Economic Times Reporter 2025.01.05

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South Korean Consumers Pay More for YouTube Premium
A recent investigation by the National Assembly Research Service has revealed that South Korean consumers are paying significantly ...
Global Economic Times Reporter 2025.01.05

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South Korea Enacts Stronger Protections for Game Players
Seoul, South Korea – South Korea has taken significant steps to bolster the rights of online gamers, with the recent passage ...
Desk 2025.01.05

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South Korea's Overseas Construction Orders Hit $1 Trillion Milestone
Seoul, South Korea – South Korea's construction industry has reached a significant milestone, surpassing $1 trillion in cumu ...
Global Economic Times Reporter 2025.01.03

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South Korea Eases Rules to Attract Foreign Investment in Government Bonds
Seoul, South Korea – The South Korean government has unveiled a comprehensive plan to simplify the process for foreign inves ...
KO YONG-CHUL Reporter 2025.01.03

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South Korea Unveils Stimulus Package to Boost Economy
Seoul, South Korea – The South Korean government has announced a comprehensive stimulus package aimed at revitalizing the do ...
Desk 2025.01.03

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Ministry of Trade, Industry and Energy and Ministry of National Defense Sign MOU to Collaborate on 3D Printing for Defense
Seoul, South Korea – The Ministry of Trade, Industry and Energy (MOTIE) announced today that it has signed a Memorandum of U ...
KO YONG-CHUL Reporter 2025.01.02

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Fair Trade Commission Tightens Penalties for False Advertising
Seoul, South Korea – The Fair Trade Commission (FTC) announced today that it will revise its detailed guidelines for imposin ...
Global Economic Times Reporter 2025.01.02

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AI-Powered Stocks Soar in Nasdaq as AppLovin Leads the Charge
New York, NY – The Nasdaq Composite experienced a meteoric rise of 30% last year, primarily driven by the surge in artificia ...
Eugenio Rodolfo Sanabria Reporter 2025.01.02

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SPC Group to Build Largest Overseas Bakery in Texas
Dallas, Texas – SPC Group, the parent company of Paris Baguette, announced today that it will construct its largest overseas ...
Global Economic Times Reporter 2025.01.02

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South Korea's Big 5 Banks See Slowdown in Household Lending
Seoul, South Korea – South Korea's five largest commercial banks experienced a notable slowdown in household lending last mo ...
Global Economic Times Reporter 2025.01.02

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South Korea's Growing List of Malicious Landlords
A recent tally has revealed that a staggering 1,177 individuals and corporations (including 1,128 individuals and 49 corporations) ...
Hwang Sujin Reporter 2025.01.02

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Samsung SDS Crowned as South Korea's Largest Cloud Service Provider
Seoul, South Korea – Samsung SDS has been recognized as South Korea's premier cloud service provider, according to the lates ...
Global Economic Times Reporter 2025.01.02

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Lotte Chairman Calls for Radical Overhaul Amidst Economic Uncertainty
Seoul, South Korea – Lotte Group Chairman Shin Dong-bin has urged a radical overhaul of the conglomerate, emphasizing the ne ...
Desk 2025.01.02

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Jeju Air Faces Massive Refund Wave Following Deadly Crash
Seoul, South Korea – February 2, 2025 – Jeju Air, South Korea's largest low-cost carrier, is facing a significant fina ...
Desk 2025.01.02

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Iran and Russia Deepen Ties Amid Growing Trade and Economic Cooperation
Tehran, Iran - Iran and Russia are steadily deepening their economic and political ties, with both nations emphasizing the importa ...
Graciela Maria Reporter 2025.01.01

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SM Entertainment's Earnings Take a Hit as Key Subsidiary's Classification Changes
SEOUL, South Korea – SM Entertainment, one of South Korea’s leading entertainment agencies, has reported a significant ...
Hwang Sujin Reporter 2025.01.01

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AI-Powered Insurtech Firm IGINET Eyes IPO, Targets Valuation of 127.6 Billion Won
Seoul, South Korea – IGINET, a pioneering AI-powered insurtech platform, is gearing up for its Initial Public Offering (IPO) ...
Global Economic Times Reporter 2025.01.01
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