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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BlueOvalSK Conducts Second Share Repurchase Amid US Government Loan: BlueOvalSK, the US joint venture between SK On and Ford Motor Company for battery production, has announced its second share repur ...; Global Economic Times Reporter 2025.01.16

Hyundai Expands EV Every Care Program to Boost Electric Vehicle Adoption: Seoul, South Korea – Hyundai Motor Company has announced the expansion of its comprehensive EV Every Care program, aimed at ...; KO YONG-CHUL Reporter 2025.01.16

Hanon Systems Relocates Headquarters to Align with Hankook & Company: Seoul, South Korea – Hanon Systems, the world’s second-largest automotive thermal solutions provider now under the Han ...; Global Economic Times Reporter 2025.01.16

Soaring Exchange Rates Squeeze Imported Car Market in South Korea: Seoul, South Korea – The soaring won-dollar exchange rate has cast a long shadow over South Korea's imported car market, for ...; Global Economic Times Reporter 2025.01.16

Bitcoin Breaks $100,000 Barrier Amidst Bullish Sentiment: Bitcoin, the world's largest cryptocurrency, has once again shattered its all-time high, surging past the $100,000 mark. As of [ti ...; Global Economic Times Reporter 2025.01.16

BasicX Laptops Make Waves in South Korea's Budget-Friendly Market: Seoul, South Korea – A South Korean tech startup, BasicX, is making waves in the domestic laptop market with its affordable ...; Global Economic Times Reporter 2025.01.16

Naver Webtoon Invests in Japanese Studio to Boost Global Reach: Seoul, South Korea – Naver Webtoon, a leading digital comics platform, announced today a significant investment in a Japanes ...; Hwang Sujin Reporter 2025.01.16

Amorepacific's MIMO by MAMONDE Achieves 1 Million Sales in Daiso: Seoul, South Korea – Amorepacific’s skincare brand, MIMO by MAMONDE, has reported a remarkable achievement, surpassing ...; Hwang Sujin Reporter 2025.01.16

Sebang Becomes First Logistics Company in South Korea to Achieve Highest AEO Rating: Seoul, South Korea – Sebang, a leading global comprehensive logistics company, has announced that it has become the first lo ...; Desk 2025.01.16

Global Pharma and Biotech M&A to Rebound in 2025, Driven by China and AI: Seoul, South Korea – The global pharmaceutical and biotechnology mergers and acquisitions (M&A) market, which experience ...; Global Economic Times Reporter 2025.01.16

South Korea's Seafood Exports Surpass $3 Billion, Led by Kimchi: Seoul, South Korea – South Korea's seafood exports reached a new high in 2023, surpassing $3 billion for the first time. Kim ...; Global Economic Times Reporter 2025.01.16

South Korea to Boost R&D Funding for SMEs, Focusing on Strategic Technologies: Seoul, South Korea – The South Korean Ministry of SMEs and Startups announced today the launch of its 2025 Small and Medium ...; Global Economic Times Reporter 2025.01.16

Hyundai Motor Securities Unveils Value-Up Plan and Enhanced Shareholder Returns: Seoul, Korea – May 16, 2024 Hyundai Motor Securities announced today a value-up plan aimed at enhancing corporate value. The ...; Desk 2025.01.16

Kigongo-Busisi Bridge Project Creates Thousands of Jobs in Tanzania: Mwanza, Tanzania - The construction of the Kigongo-Busisi bridge in Tanzania has not only created a significant number of jobs but ...; Graciela Maria Reporter 2025.01.15

K-Food Sets New Records with Global Popularity: Seoul, South Korea – The global surge in K-pop and K-dramas has fueled an unprecedented demand for Korean cuisine, propellin ...; KO YONG-CHUL Reporter 2025.01.15

IBK Industrial Bank Surpasses Major Financial Groups in Market Cap: Seoul, South Korea – IBK Industrial Bank has made significant strides in the South Korean financial market, surpassing the m ...; Desk 2025.01.15

South Korea's ETF Market Soars, But Innovation Lags: Seoul, South Korea – South Korea's exchange-traded fund (ETF) market has experienced explosive growth, with its total assets ...; Global Economic Times Reporter 2025.01.15

Coupang Dominates South Korea's E-commerce Market: Seoul, South Korea – Coupang, South Korea's largest e-commerce company, has solidified its dominance in the market, widening ...; Desk 2025.01.15

South Korea's New Procurement System Experiences Initial Hiccups But on Track for Full Launch: Seoul, South Korea – South Korea's newly launched government procurement system, "Nara Jangter," encountered several technic ...; Hwang Sujin Reporter 2025.01.14

KT&G Expands Footprint in Eurasia with Uzbekistan Subsidiary: Seoul, South Korea – KT&G, a leading South Korean tobacco company, announced today that it has established a subsidiary ...; ONLINE TEAM 2025.01.14