Industry - Global Economic Times

2026.11.11 (Wed)
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Gimhae Airport Smashes 10 Million International Passenger Milestone Ahead of Schedule

BUSAN — Gimhae International Airport has reached a historic milestone, with total passenger traffic surpassing 15 million and international travelers exceeding 10 million between January and Oct
Rising Demand for Japan Routes Sparks Debate Over Busan-Haneda Regular Flights

SEOUL — South Korea's aviation sector continues to ride a wave of robust travel demand to Japan, with passenger volume outpacing flight capacity expansions and repeatedly setting historic re

Genesis Enters Ultra-Luxury EV Segment with Flagship GV90 and Neolun SUVs

SEOUL — South Korea’s premier luxury carmaker, Genesis, has officially entered the ultra-luxury electric vehicle market with the domestic debut of its flagship GV90 series. The launch intr

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Suwon: "Must Move" vs. Hwaseong: "Cannot Accept"... Military Airport Adrift for 9 Years, 25.0 Billion Won Spent on Public Relations: The Suwon Military Airport relocation project has failed to finalize a definitive relocation site for over nine years since the pr ...; Kim Young Min Reporter 2026.10.26

LX Semicon Still Reliant on DDIs After 5 Years of Diversification; Customer Concentration Deepens: Five years after LX Semicon ventured into new businesses to reduce its heavy reliance on display driver ICs (DDIs), the impact of ...; KO YONG-CHUL Reporter 2026.10.26

How Did a Once-in-a-Century Grape Become Dirt Cheap?: Entering Modong-myeon, Sangju, North Gyeongsang Province, grapevines greet the eye everywhere. Vineyards stretch between paddies o ...; Hee Chan Kim Reporter 2026.10.26

"No Longer Feasible with Contracted Amounts"... Seoul Reconstruction Construction Costs Surge by 40%: In Seoul’s reconstruction and redevelopment sites, construction costs agreed upon by housing associations and contractors fo ...; Kim Sungmoon Reporter 2026.10.25

Hanwha Aero’s Localization of 255 Helicopter Parts Boosts Profitability: “We are manufacturing the primary fuselage structures of the U.S. helicopter ‘Bell 412,’ which is used in about ...; KO YONG-CHUL Reporter 2026.10.25

"Hetbahn: Targeting 1.5 Trillion Won in Annual Sales by 2028": CJ CheilJedang has announced a bold goal to grow its flagship instant rice brand, Hetbahn, into a 1.5 trillion-won brand by 2028, ...; Hwang Sujin Reporter 2026.10.25

Boeing, Airbus, and Defense Attachés from 15 Countries: Gumi Aero, Defense & Logistics Expo Kicks Off on the 28th: The 2026 Gumi Aero, Defense & Logistics Expo (GADLEX) will kick off on October 28 for a three-day run at Gumico, bringing toge ...; Eugenio Rodolfo Sanabria Reporter 2026.10.25

"Optimal for Urban Driving": Why Europe Has Fallen in Love with Small Electric Cars: Micro-cars truly shine in parking lots. In street-side parking spaces across Paris, France, ultra-compact vehicles wedged themselv ...; Ana Fernanda Reporter 2026.10.25

Gyeongsangbuk-do Launches Northern Gyeongbuk AI Robot Enterprise Council, Completing Province-Wide Robot Industry Communication Network: Gyeongsangbuk-do has officially launched the Northern Gyeongbuk AI Robot Enterprise Council, establishing a comprehensive communic ...; Yim Kwangsoo Correspondent 2026.10.25

Busan, Ulsan, and Gyeongnam Join Forces with Southeast Region’s '3X' Anchor Enterprises to Drive Advanced Shipbuilding & Shipping Growth Engines: The government’s Southeast Region Advanced Shipbuilding & Shipping Growth Engine initiative will be driven by the "3X" f ...; HONG MOON HWA Senior Reporter 2026.10.25

Meeting Data-Driven Post-Harvest Management: Horticultural Crops 'Quality White Paper' Service Launches: The Rural Development Administration (RDA) has launched a pilot service for a web-based "Quality White Paper," enabling agricultur ...; HONG MOON HWA Senior Reporter 2026.10.24

Seosan City Focuses All Administrative Power on Securing Economic and Policy Viability Amid Feasibility Re-examination for Seosan Airport: Seosan City is concentrating its administrative capabilities on proving economic and policy necessity and securing the justificati ...; HONG MOON HWA Senior Reporter 2026.10.24

Ulsan Industrial Complex Sees Surge in Idle Businesses Amid Deepening SME Management Crises: The number of idle businesses within industrial complexes in Ulsan has shifted back to an upward trend this year. This is attribut ...; Hee Chan Kim Reporter 2026.10.24

KAI and ROK Air Force Form "One Team" with Domestic Aircraft Operator Nations to Strengthen Cooperation: KAI hosted the 15th K-TCG (Korea-Technical Coordination Group) and 9th SMG (Safety Management Group) international conferences in ...; Desk 2026.10.24

"With All the Sweetness, Without the Sugar": Food Industry Competes in "Low-Sugar" Snacks and Beverages: Amid rising consumer spending on processed foods such as snacks and beverages, and growing interest in low-sugar and zero-sugar (s ...; Desk 2026.10.24

"Export Boom and Expansionary Fiscal Policy Drive Up Demand-Side Inflation Pressures... Possibility of Prolonged Tightening": Amid a continuing semiconductor boom and rising exports, coupled with the government's expanded fiscal spending, an analysis has e ...; Desk 2026.10.24

Beyond Product Sales to Services… The Opening of a New 'K-Beauty Intermediation' Industry: To target foreign tourists looking to experience K-beauty, services connecting cosmetic shopping consultations, hair salon reserva ...; Eunsil Ju Reporter 2026.10.24

Kori Units 3 and 4 'Continued Operation Permit' Re-deliberation on the 27th... Keen Attention on Approval Status: The Nuclear Safety and Security Commission (NSSC) will deliberate once again next week on the "Continued Operation Permit" for Kor ...; Cho Kijo Reporter 2026.10.24

“Hesitating at the Ice Edge, Wondering Whether to Turn Back”… 50 Days on the Northern Sea Route, Stories Beyond the Waters: "Should we turn back? We even considered Plan B and Plan C."In the Arctic Ocean, transitioning from the night of August 31 to Sept ...; ONLINE TEAM 2026.10.24

Seoul National University Hospital Union Declares "Indefinite Strike" Starting on the 28th Amid Severe Staff Shortages and Nurse Reassignments: The labor union of Seoul National University Hospital (SNUH) has initiated strike procedures, demanding adequate staffing and impr ...; Kim Young Min Reporter 2026.10.24

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