Global Economic Times

2026.03.22 (Sun)
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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
Coupang Tightens Rocket Delivery Rules: Free Shipping Now Based on 'Final Payment' for Non-Members

SEOUL — Coupang, South Korea’s e-commerce giant, is set to overhaul its free shipping policy for non-Wow membership users. Starting mid-April 2026, the threshold for free "Rocket Del

BC Card Secures Patent for Blockchain-Based ‘Asset Authentication NFT’ to Protect Wealth in Financial Emergencies

SEOUL – In an era where digital stability is as crucial as financial liquidity, BC Card, a leading South Korean payment processor, has achieved a significant milestone in safeguarding consumer a

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Hyundai Motor Casts Doubt on Russian Plant Reacquisition as Buyback Deadline Looms: (C) Autostat SEOUL — Hyundai Motor Company has reportedly indicated that a reacquisition of its former manufacturing facili ...; KO YONG-CHUL Reporter 2025.12.30

SoftBank to Acquire AI Infrastructure Giant DigitalBridge in $4 Billion Deal: (C) Anadolu Ajanci SAN FRANCISCO – SoftBank Group, led by billionaire founder Masayoshi Son, has reached an agreement to ac ...; Hannah Yeh Reporter 2025.12.30

Euisun Chung’s ‘Innovative Leadership’ Proven by String of Guinness World Records: (C) Automotive News SEOUL — Hyundai Motor Group is solidifying its position as a global innovation leader by consistently s ...; Desk 2025.12.29

SMEC Counters SNT Group’s Hostile M&A Attempt with Treasury Stock Strategy: SEOUL — SMEC, a prominent South Korean machine tool manufacturer, has launched a formal counteroffensive against a hostile t ...; Hwang Sujin Reporter 2025.12.27

The Kimchi Crisis: Climate Change and the Battle for South Korea's Culinary Soul: (C) The Guardian SEOUL — South Korea, the birthplace of kimchi, is facing a profound industrial and cultural crisis. As ext ...; KO YONG-CHUL Reporter 2025.12.25

KOTRA Signs KRW 500 Billion G2G Export Contract for 'Chunmoo' with Estonia: (C) KOTRA The South Korean multiple launch rocket system (MLRS), 'Chunmoo,' is being exported to the Baltic nation of Estonia for ...; KO YONG-CHUL Reporter 2025.12.25

Nongshim's Shin Ramyun Hits 130M Views with aespa, Solidifying Status as a Global Cultural Icon: (C) PR Newswire SEOUL — Nongshim announced today that its global advertising campaign for "Shin Ramyun," featuring the K-po ...; Shin Yeju Intern Reporter 2025.12.24

GS25 Retains Operating Rights for "Gold Mine" Convenience Stores at Jamsil Baseball Stadium: (C) Visit Seoul GS25 has been named the preferred bidder for the operation of convenience stores at Jamsil Baseball Stadium in ...; Min Gyu Mi Reporter 2025.12.19

Doosan Group Chosen as Preferred Bidder for SK Siltron in Multi-Billion Dollar Deal: (C) KED Global SEOUL – In a move that signals a massive shift in the South Korean semiconductor landscape, Doosan Group has ...; Desk 2025.12.18

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-Be ...; KO YONG-CHUL Reporter 2025.12.16

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 ...; Global Economic Times Reporter 2025.12.15

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 F ...; Global Economic Times Reporter 2025.12.11

South Korea's Rail Consolidation vs. Global Trend of Competition and Service Quality: (C) PixabayThe South Korean government's announcement to integrate the state-owned Korea Railroad Corporation (KORAIL) and SR, a h ...; Global Economic Times Reporter 2025.12.09

Netflix Acquires Warner Bros. in $72 Billion Deal, Reshaping Global Content Landscape: SAN FRANCISCO / BURBANK – In a seismic shift poised to redefine the global entertainment industry, Netflix has struck an aud ...; Ana Fernanda Reporter 2025.12.06

Canada Courts 'K-Industry': Seeking to Strengthen Alliances in Minerals and EVs Beyond 60 Trillion Won Submarine Project: (C) Nation Talk Canadian Minister of Industry, Mélanie Joly, concluded her three-day visit to Korea by strongly declarin ...; KO YONG-CHUL Reporter 2025.11.28

Travel Light, Fly Warm: Korean Air and Asiana Launch Coatroom Service for Winter Travelers: SEOUL – As the cold grip of winter settles over Korea, making travel to warmer climes all the more appealing, the nation&rsq ...; Global Economic Times Reporter 2025.11.26

White House Clarifies Trump’s "Nuanced" Stance on Foreign Workers: Temporary Skill for Permanent American Jobs: (C) ADWEEK WASHINGTON D.C. — The White House has stepped forward to clarify President Donald Trump's "nuanced and common- ...; KO YONG-CHUL Reporter 2025.11.25

South Africa G20 Linkage: One Month Focus on Africa Entry as the Next-Generation Growth Engine: The Ministry of Trade, Industry and Energy (referred to hereafter as MOTIE, Minister Kim Jeong-gwan) and the Korea Trade-Investmen ...; Global Economic Times Reporter 2025.11.25

Kia PV5 Wins '2026 International Van of the Year,' Marks First for a Korean Brand: (C) Kia LYON, France – Kia’s mid-sized electric Purpose-Built Vehicle (PBV), the PV5, has been honored with the pr ...; Global Economic Times Reporter 2025.11.20

UNIQLO's Collaboration Strategy: Designer Fashion Meets Mass Appeal: Seoul, November 19, 2025 – Global apparel giant UNIQLO is once again dominating headlines in the fashion industry, this time ...; Hwang Sujin Reporter 2025.11.19

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