Global Economic Times

2025.12.15 (Mon)
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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 (SMEs) aiming for global market expansion. The MSS announced the
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 Fund (IMF), have recently revised their forecasts for China's econo

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 high-speed rail operator, by 2026 has ignited a debate over the fut

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Singapore-Vietnam Explore Semiconductor Industry Cooperation as Vietnam Emerges as Next Growth Engine: As Singapore and Vietnam emerge as rising powers in the semiconductor industry, they are exploring new growth opportunities throug ...; KO YONG-CHUL Reporter 2025.03.26

Specialist Risk Group Launches Asia Pacific Hub in Singapore, Backed by Major Investors: SINGAPORE, March 25, 2025 – Specialist Risk Group (SRG), a prominent insurance intermediary, has officially announced the es ...; Graciela Maria Reporter 2025.03.26

Singapore Gears Up for Future Facing Commodities Conference: SINGAPORE – The highly anticipated Future Facing Commodities Conference (FFC) is set to return for its third annual edition ...; Hwang Sujin Reporter 2025.03.26

Singapore Insurance Agent's Bold Move: Investing in a Used Car as a Symbol of Success: SINGAPORE - In a city-state where owning a car is a luxury, Andre Li, a 33-year-old insurance agent, has made a striking investmen ...; KO YONG-CHUL Reporter 2025.03.25

Philippines Accelerates Offshore Wind Development with Batangas Port Agreement: MANILA, Philippines – The Philippine National Oil Company (PNOC) has taken a significant step in boosting the country's offs ...; Graciela Maria Reporter 2025.03.25

BBVA Mexico Closes Dormant Accounts, Sparking Concern Among Customers: MEXICO CITY – BBVA customers in Mexico are facing unexpected account closures as the banking giant implements measures to co ...; Global Economic Times Reporter 2025.03.25

Xiaomi Challenges Giants in Japan's Smartphone Market with Offline Expansion: Xiaomi has made significant strides in the Japanese smartphone market, traditionally a challenging territory for Chinese brands, b ...; Eugenio Rodolfo Sanabria Reporter 2025.03.25

X Corp. Sues Indian Government Over Online Censorship, Testing Musk-Modi Relations: NEW DELHI/WASHINGTON D.C. – In a move that raises questions about the delicate balance between business interests and govern ...; KO YONG-CHUL Reporter 2025.03.25

Indian Retail Investors Burned by Market Crash After Pandemic Euphoria: NEW DELHI – A wave of young, inexperienced Indian retail investors, lured by social media hype and easy online trading durin ...; Pedro Espinola Special Correspondent 2025.03.25

Indonesia and South Korea Strengthen Ties in Clean Energy and EV Sectors: JAKARTA – Indonesia is accelerating its transition to clean energy and electric vehicle (EV) technologies through enhanced p ...; Graciela Maria Reporter 2025.03.25

South Korea, Indonesia Reaffirm Commitment to KF-21 Fighter Jet Project: JAKARTA – South Korean and Indonesian defense officials have solidified their commitment to the joint development of the KF- ...; Ana Fernanda Reporter 2025.03.25

Korean Securities Firms' Net Profits Approach 7 Trillion Won, Driven by Surge in Overseas Stock Trading: Seoul, South Korea – South Korean securities firms reported a significant increase in net profits for the past year, approac ...; Desk 2025.03.25

Gyeonggi Province Drives Open Innovation, Connecting Startups with Major Corporations: Gyeonggi Province, South Korea, is spearheading an initiative to bridge the gap between burgeoning startups and established large ...; Min Gyu Mi Reporter 2025.03.25

Seafood Prices Soar as Production of Popular Fish Plummets: Seoul, South Korea – The cost of staple seafood items like mackerel, squid, and hairtail has surged in South Korea, placing ...; Hwang Sujin Reporter 2025.03.25

Twosome Place Increases Prices by Average 4.9%... 58 Items Including Coffee and Cakes Affected: On the 24th, Cafe Twosome Place announced that it will raise the prices of some products by an average of 4.9% starting from the 2 ...; Hwang Sujin Reporter 2025.03.25

Auto Insurance Loss Ratio Skyrockets Amidst Cold Wave and Premium Cuts: SEOUL — The auto insurance sector is facing mounting challenges as the loss ratio for major insurers surged to 88.7% in Febr ...; Desk 2025.03.25

Jeonbuk Bank Launches Mobile Foreigner Registration Card-Based Financial Transactions: Jeonbuk Bank, a member of the JB Financial Group, has become the first financial institution in South Korea to introduce both in-p ...; KO YONG-CHUL Reporter 2025.03.25

Jeonbuk Businesses Lag in ESG Adoption, Urgent Need for Corporate Support: A recent survey has revealed that the adoption rate of ESG (Environmental, Social, and Governance) management among businesses in ...; ONLINE TEAM 2025.03.25

NH NongHyup Jeju to Hire 40 New Employees in First Half of 2025: JEJU, South Korea – NH NongHyup Jeju Headquarters and the Jeju Regional Agricultural and Livestock Cooperatives Personnel Af ...; Yim Kwangsoo Correspondent 2025.03.25

Jeju Tourism Corporation's Seongsan Duty-Free Shop Reopens After 4.5 Years: Seogwipo, Jeju, March 21, 2025 – Jeju Tourism Corporation (President Ko Seung-cheol) announced today that it reopened the Se ...; Min Gyu Mi Reporter 2025.03.25