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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Figma, Valued at $20 Billion in Just 10 Years, Challenges the Stock Market with IPO: On April 15th (local time), American design software company Figma announced its move to go public by submitting documents for an ...; KO YONG-CHUL Reporter 2025.04.21

Ciudad del Este Enjoys Easter Shopping Boom as Argentine Tourists Flock In: Ciudad del Este, Paraguay - The Friendship Bridge (Puente Internacional de la Amistad), a vital artery connecting Paraguay and Bra ...; Eugenio Rodolfo Sanabria Reporter 2025.04.21

Cheonan City Explores 'Global Cheonan' Vision in the U.S., Seeking Overseas Market Expansion: Cheonan, South Korea - The Cheonan City delegation recently concluded a visit to the United States, where they engaged with offici ...; HONG MOON HWA Senior Reporter 2025.04.21

Dream Taxis Take to the Streets of Daejeon: A New Era for Urban Transportation: Daejeon Metropolitan City has officially launched its distinctive branded taxi service, "Dream T" (꿈T), with an initial fleet of 1 ...; HONG MOON HWA Senior Reporter 2025.04.21

23rd World Korean Business Convention Concludes Successfully in Atlanta, Forging a Global Korean Business Network: Atlanta, GA – The 23rd World Korean Business Convention (WKBC) concluded its successful four-day run in Atlanta, Georgia, on ...; Kim Sungmoon Reporter 2025.04.21

Jeonju Chamber of Commerce Joins Global Business Leaders at the 23rd World Korean Business Convention in Atlanta: Jeonju, South Korea – The Jeonju Chamber of Commerce and Industry (JCCI), led by Chairman Kim Jong-tae, announced its partic ...; KO YONG-CHUL Reporter 2025.04.21

Gyeongbuk-Based Skincare Innovator 'Cure-sing' to Showcase K-Bathing Culture at World Korean Business Convention in Atlanta: Cure-sing, a promising regional enterprise nurtured through Gyeongbuk Province's "Local Change-up" initiative, is set to participa ...; Kim Sungmoon Reporter 2025.04.21

Dobong-gu, Seoul Forges Trade Partnership with OKTA Atlanta to Bolster International Business Opportunities: Dobong-gu, a district in Seoul, South Korea, under the leadership of Mayor Oh Eon-seok, has announced the signing of a Memorandum ...; Kim Sungmoon Reporter 2025.04.21

Chungcheongbuk-do Province Opens First Permanent Agricultural and Food Product Store in Atlanta to Target the U.S. Market: Chungcheongbuk-do Province has announced the grand opening of its first permanent sales outlet for agricultural and food products ...; Kim Sungmoon Reporter 2025.04.21

aT President Hong Steps Up Efforts to Boost K-Food Exports in the U.S. Amidst Global Market Shifts: ATLANTA, GA – Hong Moon-pyo, President of the Korea Agro-Fisheries & Food Trade Corporation (aT), is actively engaging w ...; Kim Sungmoon Reporter 2025.04.21

South Korea Ascends to Third-Largest Global Cosmetic Exporter Amidst K-Beauty's Soaring Popularity: SEOUL – The burgeoning global acclaim for K-beauty has propelled South Korea to the position of the world's third-largest ex ...; Yim Kwangsoo Correspondent 2025.04.20

Cheonan City to Foster AI-Driven Innovation Ecosystem with Salesforce Partnership: Cheonan City announced on the 17th that it had signed a Memorandum of Understanding (MOU) with Salesforce Korea, a global Customer ...; HONG MOON HWA Senior Reporter 2025.04.20

Daejeon City Operates Task Force to Respond to US Tariff Policy… All-Out Effort to Minimize Corporate Damage: Daejeon City has fully launched support measures to minimize damage to local exporting companies amidst the rapidly changing globa ...; HONG MOON HWA Senior Reporter 2025.04.20

TSMC Faces Profitability Headwinds Amid US Expansion and Geopolitical Shifts: The world's leading foundry, Taiwan Semiconductor Manufacturing Co. (TSMC), is entering a phase of declining profitability as its ...; Eunsil Ju Reporter 2025.04.20

Woori Bank Officially Launches Affordable Mobile Service 'Woori WON Mobile': Woori Bank, a prominent South Korean financial institution, has officially entered the mobile virtual network operator (MVNO) mark ...; Kim Sungmoon Reporter 2025.04.20

Senior Chinese Official Visits Samsung Chip Plant Amidst US Trade Tensions: Amidst escalating trade friction between the United States and China, a high-ranking Chinese Communist Party official recently vis ...; Yim Kwangsoo Correspondent 2025.04.20

Incheon Launches 2025 Initiative to Propel Young Entrepreneurs into Global Markets: In a bid to foster international expansion for its burgeoning young enterprises, the Incheon Metropolitan City Government announce ...; Min Gyu Mi Reporter 2025.04.20

Seoul Metropolitan Subway Fare to Increase by 150 Won in June: The base fare for the Seoul Metropolitan Subway will increase by 150 won, from 1,400 won to 1,550 won, in June. With the resoluti ...; Hwang Sujin Reporter 2025.04.20

World OKTA President Park Jong-beom Faces Internal Opposition Over Attempted Name Change Without Board Review: It has been belatedly revealed that Park Jong-beom, the president of the World Federation of Overseas Korean Traders Associations ...; Hwang Sujin Reporter 2025.04.20

US Imposes Port Fees on Chinese Vessels, Escalating Trade Tensions and Potentially Benefiting South Korean Shipbuilders: Washington D.C. – In a move aimed at countering China's dominance in the global shipbuilding industry and bolstering its own ...; Eunsil Ju Reporter 2025.04.20