Global Economic Times

2025.10.29 (Wed)
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4 Korean Teams Win at the Inaugural 2025 OKTA Global Startup Competition

Songdo, Incheon – The final round of the '2025 OKTA Global Startup Competition,' hosted by the World Federation of Overseas Korean Traders Associations (World-OKTA), was held at Songdo C
Grand Opening of the 29th World Korean Business Convention in Songdo Convensia, Incheon

The 29th World Korean Business Convention (2025 Korea BCSF Incheon) grandly opened on October 27 at Songdo Convensia in Incheon. The convention is co-hosted by the World Federation of Overseas Korean

Kia Inaugurates New CKD Plant in Kazakhstan, Accelerating Global Supply Chain Diversification

Kostanay, Kazakhstan — Kia Corporation officially opened its second Complete Knock-Down (CKD) joint assembly plant in Kostanay, Kazakhstan, on October 21, 2025, marking a significant step in div

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Lotte Outlets to Host Year-End Clearance Sale: Lotte Outlets announced today that it will be holding a year-end clearance sale, "Clearance Week," across all its outlets from [St ...; Hwang Sujin Reporter 2024.12.04

Incheon's Half-Price Delivery Service for Small Businesses Sees Significant Success: Incheon, South Korea – Incheon Metropolitan City announced on October 28th that its groundbreaking "Half-Price Delivery Serv ...; KO YONG-CHUL Reporter 2024.12.04

Hamyang County Hosts Agricultural Product Export Consultation with Chinese Buyers, Securing $24,000 in Export Contracts: Hamyang County hosted a "2024 Hamyang County Agricultural Product Export Consultation with Chinese Buyers" on December 3rd at Insa ...; ONLINE TEAM 2024.12.03

Chong Kun Dang Health's 'Imvita' Breaks 20 Million Bottle Sales Milestone, Wins "2024 Korea Management Award": Seoul, South Korea – Chong Kun Dang Health, a leading healthcare company, has announced that its premium vitamin brand, Imvi ...; Desk 2024.12.03

Yanolja Launches Corporate Membership Program to Expand Market: Seoul, South Korea – Yanolja, a leading travel platform, has introduced a new corporate membership program aimed at expandin ...; Global Economic Times Reporter 2024.12.03

Starbucks Tops the List of Coffee Franchises Demonstrating 'Symbiosis' in Q3: A recent study conducted by data research firm Data and Research has revealed that Starbucks is leading the pack among the top ten ...; Desk 2024.12.02

Bithumb Faces Backlash Over Misleading Crypto Giveaway: Seoul, South Korea – South Korea's leading cryptocurrency exchange, Bithumb, is under fire for its recent marketing campaign ...; Desk 2024.12.02

China's Oversupply Wreaks Havoc on South Korea's Chungcheong Region Industries: Daejeon, South Korea – The oversupply of goods from China is causing significant disruptions to key industries in South Kore ...; HONG MUN HWA Senior Reporter 2024.12.02

CJ OliveYoung Selects 20 K-Beauty Brands for Global Launchpad: Seoul, South Korea – CJ OliveYoung, a leading health and beauty retailer in South Korea, announced today the selection of 20 ...; Desk 2024.12.02

Jeju Expands Reward Program for Businesses Participating in Disposable Cup Deposit System: Jeju City, South Korea – The Jeju Special Self-Governing Province, under the leadership of Governor Oh Young-hoon, has annou ...; Hwang Sujin Reporter 2024.12.02

Apple's Global Dominance and the Rise of Chinese Competitors in the Premium Smartphone Market: A recent report by Counterpoint Research has revealed a stark shift in the global premium smartphone market. Apple has solidified ...; Hwang Sujin Reporter 2024.12.02

South Korea's Domestic Sales Index Plunges, Signaling Economic Slowdown: Seoul, South Korea – South Korea's domestic sales index, a key indicator of domestic consumption, has been on a downward tra ...; Global Economic Times Reporter 2024.12.02

Korean Air Extends Coatroom Service for Winter Travelers: Seoul, South Korea – Korean Air announced on November 26th that it will be extending its popular Coatroom service for winter ...; Desk 2024.11.30

Incheon Airport Breaks Ground on Smart Racing Park: Incheon, South Korea – Incheon International Airport Corporation announced on November 28th that it had broken ground on the ...; Hwang Sujin Reporter 2024.11.30

Mandarin Robotics Introduces Robotic Wok Cook for Consistent Chinese Cuisine: Seoul, South Korea – Mandarin Robotics, a food tech startup, has unveiled a revolutionary robotic wok cook designed to addre ...; Global Economic Times Reporter 2024.11.29

South Korea to Strengthen Regulations on Taxi-Hailing Platforms: Seoul, South Korea – The South Korean government is set to introduce a new law granting it the authority to issue improvemen ...; Hwang Sujin Reporter 2024.11.29

Buen Camino Aims to Be a FinTech Leader with Its Salary Management App, SAVLE: Seoul, South Korea – Buen Camino, a South Korean fintech startup, is aiming to become a major player in the fintech industry ...; Desk 2024.11.29

LG Uplus Revamps Organization to Accelerate AI-Driven Transformation: LG Uplus announced today a major organizational overhaul effective December 1st, aimed at accelerating its transformation into an ...; Hwang Sujin Reporter 2024.11.29

CJ CheilJedang Launches Bibigo Korean BBQ Fried Rice in North America: CJ CheilJedang, a leading South Korean food company, announced today the launch of "Bibigo Korean BBQ Fried Rice," a shelf-stable ...; Desk 2024.11.29

Olive Young Launches Year-End Sale with Up to 70% Off on Award-Winning Products: Olive Young, South Korea's leading health and beauty retailer, announced today that it will be holding its biggest sale of the yea ...; Hwang Sujin Reporter 2024.11.29