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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OpenAI Partners with KDB Industrial Bank to Boost South Korea's AI Ecosystem: Seoul, South Korea – OpenAI, the company behind ChatGPT, has signed a Memorandum of Understanding (MOU) with the Korea Devel ...; Global Economic Times Reporter 2024.11.27

52 South Korean Conglomerates Struggle to Cover Interest Payments: Seoul, South Korea – A recent study has revealed that 52 of South Korea's largest conglomerates were unable to cover their i ...; Global Economic Times Reporter 2024.11.27

Cola Gaza: A Sip of Solidarity for Palestine: London, UK – A new soft drink, Cola Gaza, has emerged as a symbol of Palestinian solidarity and resistance, challenging glob ...; Eugenio Rodolfo Sanabria Reporter 2024.11.26

Automakers Invest in Training to Enhance Customer Service: As the automotive industry undergoes rapid transformation, driven by the rise of electric vehicles and increasingly demanding cons ...; Hwang Sujin Reporter 2024.11.25

Asiana Airlines Discontinues Coat Check Service, While Korean Air Continues: Seoul, South Korea – Asiana Airlines has announced that it will discontinue its popular winter coat check service, leaving t ...; Desk 2024.11.25

Kazakhstan and Mongolia Strengthen Economic Ties: Astana/Ulaanbaatar – In a significant move to boost economic cooperation, Kazakh President Kassym-Jomart Tokayev visited Mon ...; Eugenio Rodolfo Sanabria Reporter 2024.11.25

Hawker Center Dispute: Customer Accuses Vendor of Rude Behavior: A dispute has erupted in Singapore after a customer accused a hawker vendor of rude behavior. Tan, a local resident, had placed a ...; Graciela Maria Reporter 2024.11.24

Customer Experience Management: A Growing Priority for Businesses: As businesses recognize the pivotal role of customer experience in driving brand loyalty and sustainable growth, the demand for ef ...; Desk 2024.11.23

Uruguay and Portugal Launch Youth Exchange Program with Special Work Visa: Montevideo – In a move to foster cultural exchange and provide opportunities for young people, the governments of Uruguay an ...; Pedro Espinola Special Correspondent 2024.11.23

Argentina to Implement Electronic Ear Tags for Cattle: Argentina is set to mandate the use of electronic ear tags for cattle starting March 2025. This initiative aims to enhance transpa ...; Eugenio Rodolfo Sanabria Reporter 2024.11.23

US Multinational to Invest $700 Million in Paraguay's Green Ammonia Production: Go-Energy Group, a US multinational corporation, has announced a $700 million investment to construct a green ammonia production f ...; Graciela Maria Reporter 2024.11.23

Kimchi Exports Soar Amidst Global Popularity and Cultural Appropriation Claims: Seoul, South Korea – Kimchi, Korea’s iconic fermented cabbage dish, is experiencing a surge in global popularity, with ...; LEE YEON SIL Reporter 2024.11.22

Atopalm, a South Korean skincare brand specializing in sensitive skin, makes its debut in Singapore’s largest retail chain, FairPrice: Neopharm, the parent company of Atopalm, announced that its sensitive skin skincare brand, Atopalm, has entered into a partnership ...; Eugenio Rodolfo Sanabria Reporter 2024.11.21

Korean Air Launches Special Flights for Frequent Flyers Using Miles: SEOUL, South Korea – Korean Air has announced the launch of special flights between Seoul and Jeju Island exclusively for pa ...; Hwang Sujin Reporter 2024.11.21

CJ CheilJedang to Invest $8 Billion in New Food Production Facilities in Europe and the US: SEOUL, South Korea – CJ CheilJedang, South Korea's largest food and biotechnology company, is set to invest approximately $8 ...; KO YONG-CHUL Reporter 2024.11.21

Hanwha Group Chairman Emphasizes R&D for Global Leadership in Shipbuilding: Seoul, South Korea – Kim Seung-yeon, chairman of Hanwha Group, visited the company’s shipbuilding subsidiary, Hanwha O ...; Desk 2024.11.20

Baek Jong-won Threatens to Relocate Yesan Market Amid Gentrification Concerns: Seoul, South Korea – Celebrity chef and restaurateur Baek Jong-won has threatened to relocate the popular Yesan Market if sk ...; Hwang Sujin Reporter 2024.11.20

Korean Laver Commands Record Prices amid Global Demand: Yeosu, South Korea – A new variety of Korean laver, "Haetbadi 1," has set a record price of 1 million won per bundle (120kg) ...; Hwang Sujin Reporter 2024.11.20

Max Streaming Service Launches in Taiwan, Intensifying Competition: Warner Bros. Discovery's streaming service, Max, has officially launched in Taiwan, marking its entry into the competitive Asian m ...; Graciela Maria Reporter 2024.11.20

Nepal and Germany Sign €10 Million Grant Agreement to Boost Power Distribution: Kathmandu, Nepal – The Government of Nepal and the Federal Republic of Germany have signed a €10 million (approximately ...; Pedro Espinola Special Correspondent 2024.11.20