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  • Google Play Hosts &#...

    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 Pl...

    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...

    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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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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Hancom Accelerates AI Transformation, Aims to Revolutionize Document Creation
Seoul, South Korea – Hancom, a leading South Korean software company, is rapidly evolving into an AI-centric organization. T ...
Desk 2025.01.01

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Multiple Crises Plunge South Korea's Gangwon Province into Economic Turmoil
Gangwon, South Korea – A confluence of crises has sent South Korea's Gangwon Province into economic turmoil, leaving small b ...
ONLINE TEAM 2025.01.01

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Ulsan's Manufacturing Soars, While Consumption Lags
Ulsan, South Korea – Ulsan’s manufacturing sector continued its upward trajectory in November, marking eight consecuti ...
Global Economic Times Reporter 2024.12.31

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South Korea Expands Convenience Facilities in Port Hinterland Complexes
SEOUL, South Korea – The Ministry of Oceans and Fisheries has announced a significant overhaul of regulations governing port ...
Desk 2024.12.31

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Gyeongnam Province Drives Innovation in Seafood Processing
Tongyeong, South Korea – In a bid to elevate the province's fishery industry, Gyeongnam, South Korea's second-largest seafoo ...
Desk 2024.12.31

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Yangsan City Offers Financial Lifeline to Struggling Small Businesses
Yangsan, South Korea – In a bid to alleviate the financial burdens faced by small businesses amidst the prolonged economic d ...
KO YONG-CHUL Reporter 2024.12.31

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Hwangsangjumin, a Korean Soy Bean Mousse Producer, Sees a 3-Fold Increase in Sales After Participating in a Government-Supported Online Sales Program
Yeoncheon, South Korea – Hwangsangjumin, a local company producing "Joseon Kong Mousse" made from domestically grown soybean ...
Global Economic Times Reporter 2024.12.31

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13 New Industries to Issue Cash Receipts in South Korea Starting Next Year
Seoul, South Korea – The South Korean government has announced that 13 new industries will be mandated to issue cash receipt ...
Desk 2024.12.31

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BYD Set to Shake Up South Korea's Electric Vehicle Market
Seoul, South Korea – Chinese electric vehicle giant BYD is poised to make significant waves in South Korea's competitive aut ...
Ana Fernanda Reporter 2024.12.30

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Delinquency Rates Soar to Record Highs in South Korea's Large Loan Shark Industry
Seoul, South Korea – South Korea's large loan shark industry is facing a crisis as delinquency rates have surged to unpreced ...
KO YONG-CHUL Reporter 2024.12.30
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Asking about the Future of ‘Hangeul City Ulsan’… Special Lecture by Novelist Kim Jin-myung to be Held
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KOSPI Hits Historic 9,300 Milestone as Market Cap Surpasses 8,000 Trillion Won
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Kim Yoon-ji Appointed as New President of KOCCA: “Leading the Global Expansion of K-Culture”
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'K-Medicine' Sweep Drives Foreign Medical Spending in Korea to Record High of 250 Billion Won
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