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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Navigating the Turbulent Waters of 2025: Geopolitical Shifts and Corporate Strategies: The year 2025 is poised to be a watershed moment in global geopolitics, marked by the rising tide of populism and its profound imp ...; Yim Kwangsoo Correspondent 2025.03.02

MWC 2025: Korean Telecom Giants Battle for AI Supremacy in Barcelona: Next month, the Mobile World Congress (MWC) 2025 in Barcelona will witness a fierce competition among South Korea's top three tele ...; Global Economic Times Reporter 2025.03.02

LG Electronics Sells Houses: A Shift Towards Total Space Solutions: LG Electronics, traditionally known for its home appliances like TVs, refrigerators, and washing machines, is now venturing into s ...; Desk 2025.03.02

Portugal: A Golden Opportunity for Retirement and Investment: Portugal, with its sun-drenched landscapes, delectable cuisine, and laid-back lifestyle, continues to captivate the hearts of thos ...; Eugenio Rodolfo Sanabria Reporter 2025.03.01

Portugal's Golden Glow: A Magnet for Global Investors: Portugal's ascent to joint third place in Henley & Partners' Global Residence Programme Index is a testament to the nation's s ...; Graciela Maria Reporter 2025.03.01

Finland's Economic Seas Grow Choppy: Navigating the 2024 Trade Deficit: Finland's economic landscape is showing signs of strain, as evidenced by the latest trade statistics released by Finnish Customs. ...; Eugenio Rodolfo Sanabria Reporter 2025.03.01

Panama Canal Secures Future with Rio Indio Reservoir: A Vital Step Towards Water Security: The Panama Canal, a linchpin of global trade, has taken a decisive step to safeguard its future by approving funding for the const ...; Ana Fernanda Reporter 2025.03.01

Jeonbuk Special Self-Governing Province Accelerates Fostering Innovative Companies in the Agro-Biofood Sector: The Jeonbuk Institute of Bio-Convergence Technology is taking steps to create an environment for the phased growth of promising in ...; Desk 2025.03.01

Jeongeup City Enacts Ordinance to Support Insect Industry Development: Jeongeup City has enacted an ordinance to support the development of the insect industry, aiming to secure a future source of inco ...; Desk 2025.03.01

Jinan Red Ginseng Makes Successful Debut in Chinese Market: A Signal Flare for Global Expansion: Ecopanax Co., Ltd. (CEO Kim Seong-hoon), located in Jinan-gun, has successfully launched its premium product, "Triple Jinan Red Gi ...; Yim Kwangsoo Correspondent 2025.03.01

The Lonely Demise of Jeonju's '10,000 Won Happiness Street': Community Neglect and Lost Dreams: Once a beacon of hope for revitalizing the local economy, Jeonju's '10,000 Won Happiness Street,' located near Nosongcheon Stream, ...; Hwang Sujin Reporter 2025.03.01

Olive Young Launches Massive "OllYoung Sale" Offering Up to 70% Off on Thousands of K-Beauty Essentials: Seoul, South Korea – Olive Young, South Korea's premier health and beauty retailer, has announced its highly anticipated "Ol ...; Hwang Sujin Reporter 2025.03.01

Lotte Group to Sell Lotte Rental to Affinity Equity Partners in $1.2 Billion Deal: Seoul, South Korea – Lotte Group announced on February 28th that it will sign a definitive agreement to sell its rental busi ...; Desk 2025.03.01

Rising Popularity of Tea in South Korea: A Growing Market: South Koreans, known for their love of coffee, are increasingly embracing the charm of tea. Once considered the preserve of the mi ...; Hwang Sujin Reporter 2025.03.01

Hyundai's José Muñoz Drives to Victory: Named MotorTrend's 2025 Person of the Year: Los Angeles, CA – In a significant recognition of automotive leadership, José Muñoz, President of Hyundai Moto ...; Eunsil Ju Reporter 2025.03.01

Pharmaceutical Companies Reconsidering Sales at Daiso Amid Controversy Over Low-Cost Health Supplements: Seoul, South Korea – Il-Yang Pharmaceutical has decided to withdraw its health supplement products from Daiso just five days ...; Hwang Sujin Reporter 2025.03.01

U.S. Slaps Steep Tariffs on Korean Aluminum Cables Over China Circumvention Claims: The United States has levied substantial anti-dumping and countervailing duties on aluminum wire and cable (AWC) manufactured in S ...; Hannah Yeh Reporter 2025.03.01

FILA's 'Echappe V2' Sells Out: A New Legend of Han So-hee's Sneakers: FILA's 'Echappe' sneakers, which gained immense popularity last year as 'Han So-hee's sneakers,' have once again achieved a sell-o ...; Sharon Yoon Correspondent 2025.03.01

Iberostar Opens Controversial Luxury Hotel in Havana Amidst Economic Crisis: MIAMI, USA – Iberostar Cuba Hotels & Resorts has announced the grand opening of the Iberostar Selection La Habana, also ...; Hannah Yeh Reporter 2025.02.28

Mineros S.A. Announces New President After a Decade of Leadership: Medellín, Colombia - Mineros S.A., a leading Latin American gold mining company, has announced the appointment of David Lon ...; Graciela Maria Reporter 2025.02.28