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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C-commerce offensive intensifies, Chinese direct purchases exceed 60% of Korean market: Chinese e-commerce, represented by 'Ali·Te·Shi' (AliExpress, Temu, Shein), continues to expand its presence in Korea ...; Hwang Sujin Reporter 2025.02.11

DBS Rewards Staff with Second Bonus After Record-Breaking Year: DBS Group announced on Monday (Feb 10) a second round of bonuses for its employees following a record-breaking financial performan ...; Ana Fernanda Reporter 2025.02.11

Korean Air Takes Top Spot as Airline of the Year 2025, Thanks to Spacious Seating: Korean Air has ascended to the pinnacle of aviation, earning the title of Airline of the Year for 2025, as declared by AirlineRati ...; KO YONG-CHUL Reporter 2025.02.11

Trump's Tariffs Threaten South Jeolla Province's Booming Agricultural Exports: South Jeolla Province, a region in South Korea, has recently seen a surge in agricultural and fisheries exports, driven by the K-f ...; Yim Kwangsoo Correspondent 2025.02.11

Gwangju City Increases Financial Support for Small and Medium-sized Enterprises to 270 Billion Won: Gwangju Metropolitan City has announced that it will provide 270 billion won in financial support to small and medium-sized enterp ...; ONLINE TEAM 2025.02.11

Kyobo Life's Put Option Disputes: Will Affinity Follow Affirma's Lead?: Seoul – The resolution of Kyobo Life Insurance's long-standing put option dispute with Affirma Capital has ignited speculati ...; Min Gyu Mi Reporter 2025.02.11

South Korea's Early February Trade Shows Slight Export Growth Amidst Semiconductor Rebound: SEOUL – South Korea's exports saw a modest 0.8 percent increase year-on-year in the first 10 days of February, reaching $14. ...; JEONG CHAN MYEONG Senior Reporter 2025.02.11

Korean Exporters Brace for Potential US Tariff Fallout: SEOUL – Korean businesses are preparing for potential disruptions to their U.S. sales as the specter of increased tariffs lo ...; Hee Chan Kim Reporter 2025.02.11

Lotte Wellfood Opens Massive New Manufacturing Plant in India: PUNE, INDIA – Lotte Wellfood, the South Korean confectionery giant, has officially opened its new state-of-the-art manufactu ...; Ana Fernanda Reporter 2025.02.11

Temu Gears Up for Direct Entry into Korean E-commerce Market: SEOUL – Chinese e-commerce platform Temu, owned by PDD Holdings, is reportedly accelerating its preparations for a direct en ...; Yim Kwangsoo Correspondent 2025.02.11

Maserati's South Korean Dream Falters as Luxury Rivals Steal the Show: Seoul – Maserati's ambitious push into the South Korean luxury car market is hitting a roadblock, with sales figures paintin ...; Hwang Sujin Reporter 2025.02.11

Korean Budget Coffee Chains Feel the Heat as Bean Prices Soar: SEOUL – The rising cost of coffee beans worldwide is finally hitting South Korea's fiercely competitive budget coffee market ...; Desk 2025.02.11

POSCO International's Website Wins Top Honors at iNova Awards: SEOUL – POSCO International's newly revamped website has garnered international recognition, winning the prestigious Grand A ...; Global Economic Times Reporter 2025.02.11

Shinhan Card Launches 'The BEST-X', a Premium Card with Enhanced Benefits: Shinhan Card has introduced 'The BEST-X', a premium credit card that offers a wide range of benefits to attract high-spending cust ...; Desk 2025.02.10

Ecovacs Sold Out All Prepared Quantity of New Robot Cleaner 'Deebot X8 Pro Omni' in Naver Shopping Live: Ecovacs announced on the 7th that it had sold out all the prepared quantity of its new robot cleaner 'Deebot X8 Pro Omni' in Naver ...; Hee Chan Kim Reporter 2025.02.10

LG Electronics to Showcase Advanced HVAC Solutions at AHR Expo 2025: ORLANDO, FL – LG Electronics (CEO Cho Joo-wan) is set to make a significant splash at the AHR Expo 2025, the largest HVAC ex ...; PETER KO 2025.02.10

Applied Materials Korea to Showcase Next-Gen Semiconductor Technology at Semicon Korea 2025: Applied Materials Korea, led by CEO Park Gwang-sun, will participate in 'Semicon Korea 2025' held at COEX in Seoul from February 1 ...; Global Economic Times Reporter 2025.02.10

Korbit Launches Non-Custodial 'Korbit Web3 Wallet': Korbit, a leading cryptocurrency exchange in South Korea, announced the launch of its non-custodial individual wallet, the 'Korbit ...; Global Economic Times Reporter 2025.02.10

Samsung Securities: "Tariff threat back on the table this week": Samsung Securities announced on the 10th that unlike last week, when concerns about the trade war eased, this week's financial mar ...; Desk 2025.02.10

Woori Bank Resumes Credit Loan Sales After 3 Months... Expands Preferential Interest Rates: Woori Bank has resumed sales of credit loan products, which were temporarily suspended for household loan management, after about ...; Global Economic Times Reporter 2025.02.10