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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Hyundai Motor Group Targets Humanoid Hegemony: 150,000 'Atlas' Units by 2029: (C) Autopost SEOUL — Hyundai Motor Group (HMG) has officially shifted its robotics ambitions into high gear. In a strateg ...; Global Economic Times Reporter 2026.02.27

Hyundai IONIQ 9 Dominates 2026 Car of the Year Awards with Historic Triple Crown: (C) Ken Garff Hyundai Downtown SEOUL — The Korea Automobile Journalists Association (KAJA) officially announced the winne ...; KIM YOUNG MIN 2026.02.26

Lotte’s Grand Return and Hyundai’s Fierce Pursuit: A ‘Tectonic Shift’ Begins at Incheon Airport Duty-Free: (C) Malls.com INCHEON, South Korea — The landscape of the duty-free industry at Incheon International Airport, the primar ...; Desk 2026.02.26

South Korean Researchers Crack the Code for "Dream Battery": Solving Lifespan and Fire Risks: (C) Aviation International News SEOUL — A joint South Korean research team has announced a breakthrough in next-generatio ...; KIM YOUNG MIN 2026.02.25

FTC Chief Calls for Steeper Flour Price Cuts Amid Price-Fixing Allegations: SEOUL – Ju Byung-ki, the Chairperson of the Korea Fair Trade Commission (FTC), issued a stern warning to the nation’s ...; HONG MOON HWA Senior Reporter 2026.02.23

K-Food Giants Enter the ‘500 billion Won Club’: 8 Global Mega Brands Leading the Charge: SEOUL — The global landscape of the food industry is witnessing a seismic shift as South Korean food enterprises solidify th ...; Hwang Sujin Reporter 2026.02.23

S. Korea’s Mid-February Exports Hit Historic High Amid AI-Driven Semiconductor Surge: SEOUL — South Korea’s export performance reached a record-breaking milestone in the first 20 days of February, propell ...; Desk 2026.02.23

Hyundai Motor Group to Launch ‘RH’ Project in Saemangeum: A Multi-Billion Dollar Leap into Robotics and Hydrogen: SEOUL — Hyundai Motor Group (HMG), under the leadership of Executive Chair Euisun Chung, is set to transform the Saemangeum ...; KO YONG-CHUL Reporter 2026.02.23

KFTC Launches Deliberation on Flour Cartel: 7 Major Firms Face Potential $850 Million Fine: SEOUL – The Korea Fair Trade Commission (KFTC) has officially concluded its investigation and commenced deliberation on a su ...; KO YONG-CHUL Reporter 2026.02.21

Incheon Songdo Emerging as World’s Largest Bio-Manufacturing Hub: INCHEON — The Incheon Free Economic Zone (IFEZ) Authority announced on Wednesday that Songdo International City’s biop ...; Min Gyu Mi Reporter 2026.02.19

Incheon Metro Line 3 Route Confirmed: Dong-gu Included in Major Transit Expansion: INCHEON – The landscape of public transportation in Incheon’s historic core is set for a dramatic transformation. On F ...; Min Gyu Mi Reporter 2026.02.19

The "Betrayal" of US Beef: Record-High Prices Hit South Korean Dinner Tables: (C) The Hill SEOUL — For years, South Korean consumers turned to American beef as a cost-effective alternative to the pro ...; Yim Kwangsoo Correspondent 2026.02.16

K-Shipbuilding Faces $24 Billion Opportunity as U.S. Unveils Massive Naval Budget: (C) Maritime Gateway SEOUL – South Korea’s leading shipbuilders, including Hanwha Ocean and HD Hyundai Heavy Indust ...; Desk 2026.02.16

The Era of "Bigger is Better": K-Shipbuilders Gear Up for Qatar’s Massive LNG Expansion: (C) ISSUU SEOUL — The global shipbuilding industry is bracing for a seismic shift as QatarEnergy, the state-owned energy ...; Yim Kwangsoo Correspondent 2026.02.15

The 2026 New Car War: From Avante to S-Class, the Battle for Market Dominance Begins: (C) Swarn Garden SEOUL — The South Korean automotive market is entering a state of "total war" in 2026. From budget-frien ...; KIM YOUNG MIN 2026.02.15

South Korea’s "Big 3" Power Equipment Giants Battle for $3.7B "West Coast Energy Highway": SEOUL — The race to build South Korea’s next-generation power grid has officially shifted into high gear. At the "Elec ...; Kim Sungmoon Reporter 2026.02.15

HD Hyundai Marine Solution Lands Record $56M Power Plant Supply Deal in Ecuador: (C) Manifold Times SEOUL – HD Hyundai Marine Solution announced on February 6, 2026, that it has secured a major contract ...; Eugenio Rodolfo Sanabria Reporter 2026.02.15

Hyundai Motor Group Sweeps Two Categories at '2026 Canadian Car of the Year' with Palisade and EV9: (C) CarPro TORONTO — Hyundai Motor Group has once again proven its formidable presence in the North American market, capt ...; Global Economic Times Reporter 2026.02.15

BOGA9 Launches Personalized Customization Program for Carnival Hi-Limousine: (C) CN Motors SEOUL — Boga Co., Ltd., the operator of the premium specialized brand 'BOGA9,' announced today the launch of ...; Hwang Sujin Reporter 2026.02.13

K-Defense Giants and SMEs Unite to Conquer Saudi Market: (C) Military Watch Magazine RIYADH — South Korea’s defense industry is shifting its strategy from individual corpor ...; Kim Sungmoon Reporter 2026.02.11