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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Hwangsangjumin, a Korean Soy Bean Mousse Producer, Sees a 3-Fold Increase in Sales After Participating in a Government-Supported Online Sales Program: Yeoncheon, South Korea – Hwangsangjumin, a local company producing "Joseon Kong Mousse" made from domestically grown soybean ...; Global Economic Times Reporter 2024.12.31

13 New Industries to Issue Cash Receipts in South Korea Starting Next Year: Seoul, South Korea – The South Korean government has announced that 13 new industries will be mandated to issue cash receipt ...; Desk 2024.12.31

BYD Set to Shake Up South Korea's Electric Vehicle Market: Seoul, South Korea – Chinese electric vehicle giant BYD is poised to make significant waves in South Korea's competitive aut ...; Ana Fernanda Reporter 2024.12.30

Delinquency Rates Soar to Record Highs in South Korea's Large Loan Shark Industry: Seoul, South Korea – South Korea's large loan shark industry is facing a crisis as delinquency rates have surged to unpreced ...; KO YONG-CHUL Reporter 2024.12.30

South Korea's Exports to the Philippines Expected to Soar Following FTA Implementation: Manila, Philippines – The implementation of the South Korea-Philippines Free Trade Agreement (FTA) on December 31 is poised ...; Ana Fernanda Reporter 2024.12.30

K-Content in High Demand as Southeast Asian OTT Market Booms: Seoul, South Korea – The global streaming landscape is undergoing a significant transformation, with South Korean content, o ...; KO YONG-CHUL Reporter 2024.12.29

Shinsegae Unveils Comprehensive Value Enhancement Plan: Shinsegae, a leading South Korean retail conglomerate, has announced a comprehensive value enhancement program aimed at boosting i ...; Desk 2024.12.29

Jincheon County Achieves Record-Breaking Investment Attraction for Ninth Consecutive Year: Jincheon, South Korea – Jincheon County has once again set a new benchmark in investment attraction, surpassing its annual g ...; HONG MOON HWA Senior Reporter 2024.12.29

Louis Vuitton and Takashi Murakami Reunite for a Vibrant 20th Anniversary Collection: Paris, France – Luxury fashion house Louis Vuitton has unveiled a highly anticipated collaborative collection with renowned ...; Eugenio Rodolfo Sanabria Reporter 2024.12.29

Korean Retailers Offer Deep Discounts for Year-End Shopping Spree: Seoul, South Korea – As 2024 draws to a close, major retailers in South Korea are rolling out a plethora of year-end sales a ...; KO YONG-CHUL Reporter 2024.12.28

Egypt Tightens Car Import Regulations Amid Economic Headwinds: Cairo, Egypt – The Egyptian government has recently introduced new regulations for car imports, aiming to stabilize the dome ...; Global Economic Times Reporter 2024.12.28

Beloved Characters Popeye and Tintin Enter the Public Domain: A new era is dawning for fans of classic cartoons and literature. Beloved characters Popeye and Tintin, along with iconic works su ...; ONLINE TEAM 2024.12.28

Soaring Exchange Rate Sends Shockwaves Through South Korea's Industries: Seoul, South Korea – The won-dollar exchange rate has surged to unprecedented levels following the December 3rd emergency de ...; Desk 2024.12.28

Hungary Caps Guest Worker Permits to 35,000 in 2025: Budapest – Minister for National Economy Márton Nagy has decided to cap the maximum number of guest worker residence ...; Eugenio Rodolfo Sanabria Reporter 2024.12.27

Buy Now, Pay Later: A Risky Holiday Trend: San Juan, Puerto Rico – Buy Now, Pay Later (BNPL) services have become increasingly popular among online shoppers, especiall ...; Eugenio Rodolfo Sanabria Reporter 2024.12.27

Oil Prices Edge Lower on Friday, but Set for Weekly Gain: RIYADH – Oil prices were little changed on Friday but were poised for a weekly gain amid optimism that economic stimulus eff ...; Graciela Maria Reporter 2024.12.27

Korean Consumers Get More Protection in New Consumer Dispute Resolution Standards: Seoul, South Korea – The Fair Trade Commission (FTC) announced today that it has finalized revisions to the Consumer Dispute ...; Hwang Sujin Reporter 2024.12.27

South Korea and the Philippines to Deepen Economic Ties with New FTA: Seoul, South Korea – South Korea and the Philippines are set to bolster their economic relationship as the Korea-Philippines ...; Hwang Sujin Reporter 2024.12.26

Small Businesses Crumble Under Economic Pressure: Seoul, South Korea – South Korea's small and medium-sized enterprises (SMEs) are facing an unprecedented crisis as the prolo ...; Hwang Sujin Reporter 2024.12.26

Norges Bank Holds Rates Steady, Signals Easing Soon: Oslo - Norges Bank Governor Ida Wolden Bache announced on Thursday that the key interest rate will remain at 4.5%, marking a conti ...; Ana Fernanda Reporter 2024.12.25