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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Bank Branches on the Decline as Digital Banking Gains Ground: Seoul, South Korea – The number of bank branches in South Korea has continued to shrink, with over 50 branches closing in th ...; Global Economic Times Reporter 2025.01.11

Governor Kim Secures Major Investment from Corning in South Korea: Aosan, South Korea – Governor Kim Tae-heum of South Chungcheong Province has secured a significant investment from Corning I ...; HONG MOON HWA Senior Reporter 2025.01.11

Chungcheongnam-do Governor Promotes Investment in South Korea at Global Top Brands Awards: Las Vegas, Nevada – Chungcheongnam-do Governor Kim Tae-heum has been actively promoting investment opportunities in the Sout ...; HONG MOON HWA Senior Reporter 2025.01.11

LG Chem Expands Aesthetic Business in Thailand: SEOUL, South Korea – LG Chem is strengthening its market position in Thailand’s aesthetic market. The company announce ...; KO YONG-CHUL Reporter 2025.01.11

Small Businesses in South Korea Face Mounting Challenges: Jeju, South Korea – A recent survey conducted by the Korea Federation of SMEs has revealed a bleak outlook for South Korea's ...; Desk 2025.01.10

South Korean Construction Firms Achieve Historic Milestone: $1 Trillion in Overseas Orders: Seoul, South Korea – South Korean construction companies have reached a significant milestone, surpassing $1 trillion in cum ...; Desk 2025.01.10

Starbucks Korea Collaborates with MU:DS to Launch Products Inspired by Joseon Dynasty Artifacts: Seoul, South Korea – January 10, 2024 – Starbucks Korea has announced a collaboration with the National Museum of Kore ...; Desk 2025.01.10

Samsung Electronics Soars Despite Earnings Shock, Fueled by Foreign Investors: Seoul, South Korea – Samsung Electronics, the world’s largest memory chipmaker, saw its shares surge over 3% on Wednes ...; Desk 2025.01.10

Hyundai Motor Securities Clears Hurdle for 200 Billion Won Capital Increase: Seoul, South Korea – Hyundai Motor Securities has successfully obtained regulatory approval for its planned 200 billion won ...; Global Economic Times Reporter 2025.01.10

Naver Pay's Overseas QR Payment Surges 7.7 Times in 2024: Seoul, South Korea – Naver Pay, South Korea's leading mobile payment service, announced today that its overseas QR payment s ...; Global Economic Times Reporter 2025.01.10

CRDB Bank Launches School Fee Loans for Tanzanian Students: Dar es Salaam - CRDB Bank has introduced "Ada Fasta" school fee loans to assist parents and guardians in meeting the educational n ...; Hee Chan Kim Reporter 2025.01.09

Bank of Tanzania Holds Key Rate Steady, Signaling Economic Confidence: Dar es Salaam - The Bank of Tanzania (BoT) has maintained its central bank rate (CBR) at 6.0 percent for the third consecutive qua ...; Hee Chan Kim Reporter 2025.01.09

Dar es Salaam Embraces CNG for BRT Phase II, Promising Economic and Environmental Gains: Dar es Salaam, Tanzania - The Dar es Salaam Rapid Transit (DART) agency has taken a significant step towards a greener and more co ...; Hee Chan Kim Reporter 2025.01.09

Former Officials Dominate Corporate Boards in South Korea: Seoul, South Korea – A recent study by the Leaders Index has revealed a significant surge in the number of former government ...; Global Economic Times Reporter 2025.01.09

South Korean Small Businesses Face Bleak Outlook Amid Economic Turmoil: Seoul, South Korea – A recent survey conducted by the Korea Federation of SMEs has revealed a dire outlook for South Korea's ...; Global Economic Times Reporter 2025.01.09

Egyptian Engineering Exports Surge 21.6% in First 10 Months of 2024: Cairo - Egyptian engineering exports have surged in the first ten months of 2024, reaching $4.392 billion, a significant 21.6% inc ...; Eugenio Rodolfo Sanabria Reporter 2025.01.08

South Korean MSPs Accelerate Global Expansion: Seoul, South Korea – South Korean Managed Service Providers (MSPs) are rapidly expanding their global footprint, driven by t ...; JEONG CHAN MYEONG Senior Reporter 2025.01.08

Revised Security Services Act to Allow Expanded Duties for Security Guards: Seoul, South Korea – A revised Security Services Act, which came into effect on July 7, will allow security guards in reside ...; Global Economic Times Reporter 2025.01.08

South Korea Seeks to Improve Working Conditions for Apartment Complex Employees: Seoul, South Korea – A new bill has been introduced in the South Korean National Assembly aimed at improving the working con ...; Hwang Sujin Reporter 2025.01.08

Seoul Launches Discounted Gift Certificates to Boost Local Economy: Seoul, South Korea – The Seoul Metropolitan Government has announced the early release of 750 billion won worth of "Seoul Lo ...; Global Economic Times Reporter 2025.01.08