Global Economic Times

2026.06.27 (Sat)
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Kia’s Strategic Pivot: Accelerating Electrification Through SDV, PBV, and EREV Innovation

At the 2026 Busan Mobility Show held on June 26, Kia Corporation unveiled a comprehensive future mobility strategy centered on three core pillars: Software-Defined Vehicles (SDV), Purpose-Built Vehicl
Hyundai Motor Prioritizes "Customer Experience" Over Pricing: Aiming for Lifelong Loyalty with the New Avante

BUSAN, South Korea — At the 2026 Busan Mobility Show held at BEXCO on June 26, José Muñoz, President and CEO of Hyundai Motor Company, unveiled a bold vision for the future of the

Incheon Port Authority Overhauls Incentive Program to Boost Cargo Throughput

The Incheon Port Authority (IPA) has announced a significant restructuring of its long-standing incentive program, aiming to reinvigorate cargo traffic and solidify the port’s position as a prem

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Zootopia 2’s Box Office Surge: A Mirror of U.S.-China Economic Interdependence: (C) Twisted Voxel BEIJING – While trade tensions between the world's two largest economies remain high, a rabbit and a fox ...; Eugenio Rodolfo Sanabria Reporter 2025.12.18

R.E.D. Sectors Poised for Growth in 2026, the Year of the 'Red Horse,' Driven by AI Investment Boom: (C) Vecteezy SEOUL — A significant surge in Artificial Intelligence (AI) investment is expected to propel the growth of key ...; Hwang Sujin Reporter 2025.12.15

Extension Granted for '2026 Honors for SME Contributors' Application: (C) KBIZ SEOUL) — The Ministry of SMEs and Startups (MSS) and the Korea Federation of Small and Medium Enterprises (KBIZ) h ...; Global Economic Times Reporter 2025.12.15

44% of Recent Construction Projects Report Deficits, Industry Survey Finds: (C) KED Global Seoul, South Korea — A recent survey conducted by the Korea Construction Association (KCA) and the Construct ...; KO YONG-CHUL Reporter 2025.12.15

Lotte Mart Launches Major Imported Fruit Discount Event Amid High Prices: (C) Lotte Mart SEOUL — Lotte Mart has announced a special discount event for imported fruits, offering significant savings ...; Kim Sungmoon Reporter 2025.12.15

Korean Drone Exports Soar 58% to $28 Million, Expanding Global Footprint: (C) Kyiv Post Seoul, Korea – The Republic of Korea is rapidly establishing itself as a significant player in the global Unm ...; KO YONG-CHUL Reporter 2025.12.15

EU Cracks Down on Flood of Cheap, Risky Chinese Parcels, Targets Shein and Alibaba: (C) South China Morning Post The European Union (EU) is significantly stepping up its enforcement efforts against goods entering ...; Global Economic Times Reporter 2025.12.15

Lotte Biologics Hosts 'Future Innovative Technology Development Forum': (C) Top Daily Lotte Biologics, a rapidly emerging player in the global biopharmaceutical industry, recently held its fifth 'Futur ...; Hee Chan Kim Reporter 2025.12.13

CJ CheilJedang Launches 'Yummy' Content Service on CJ The Market App: (C) Yummy SEOUL, South Korea — In a bid to enhance customer engagement and boost product utilization, CJ CheilJedang has of ...; Shin Yeju 2025.12.13

Yamaha Music Korea Launches 'Hybrid Piano Music Festa' Special Promotion: (C) Yamaha Music Korea Yamaha Music Korea has announced a major winter promotion for its hybrid piano lineup, called the 'Hybrid ...; Global Economic Times Reporter 2025.12.13

Lotte Wellfood Dominates 2025 Korea Digital Advertising Awards with Six Wins: (C) Seoul Finance SEOUL, South Korea - Confectionery and food giant Lotte Wellfood has cemented its status as a leader in innovat ...; Hwang Sujin Reporter 2025.12.13

South Korea’s Retail Sector Faces Layoff Wave: ‘The Hopeful Retirement’ Blows Through 40-Year-Old Managers: (C) NY Times The South Korean retail industry is currently experiencing a strong wave of voluntary redundancy—euphemistical ...; Global Economic Times Reporter 2025.12.13

Kia Unveils 'The All New Seltos,' Marking a Full Refresh with Hybrid Addition: (C) Canada Newswire SEOUL, South Korea – Kia has pulled the wraps off the second-generation of its popular subcompact SUV, ...; Kim Sungmoon Reporter 2025.12.11

Europe’s Robotaxi Race Accelerates: Bolt and Stellantis Forge Alliance for Driverless Future: (C) NDTV The European autonomous vehicle (AV) landscape is poised for a significant transformation following the announcement of ...; KO YONG-CHUL Reporter 2025.12.10

AI Salary Premium in Korea Just 6%, Lagging Far Behind the US's 25%: (C) Seeking Alpha SEOUL — South Korea is facing an intensifying "AI talent drought," as domestic corporations, despite a ...; Desk 2025.12.06

South Korea Weighs 'Co-Design' for Next-Gen Destroyer (KDDX) Amidst Industry Rivalry: (C) Army Recognition SEOUL, South Korea – The Republic of Korea's Defense Acquisition Program Administration (DAPA) is acti ...; Kim Sungmoon Reporter 2025.12.05

NVIDIA Lobby Succeeds? U.S. Bill Expected to Drop AI Chip Export Restrictions: The so-called "GAIN AI Act"—a legislative proposal that would have required semiconductor companies to prioritize satisfying ...; Eunsil Ju Reporter 2025.12.05

Subaru Surges to Top Spot in Consumer Reports Annual Auto Brand Rankings; Korean Brands See Mixed Results: (C) Headlight.news LOS ANGELES — In the annual car brand ratings released by the influential U.S. consumer publication, Con ...; Sharon Yoon Correspondent 2025.12.05

Mobile ID and Payment Unified: 'PASS ID Payment' Service Launches: (C) SK텔레콤 South Korea’s three major mobile carriers—SK Telecom (017670), KT (030200), and LG Uplus (032640)—h ...; KO YONG-CHUL Reporter 2025.12.01

Hyundai E&C Shatters Records with First-Ever KRW 10 Trillion Mark in Urban Renewal Orders: Hyundai Engineering & Construction (Hyundai E&C) has achieved an unprecedented milestone in South Korea's urban renewal se ...; Desk 2025.12.01