Global Economic Times

2026.06.28 (Sun)
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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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KB Financial Group Champions Korean Innovation, Facilitates Singaporean Foothold for 15 Promising Startups: Seoul, South Korea – KB Financial Group, a leading South Korean financial conglomerate, is significantly bolstering the glob ...; Hwang Sujin Reporter 2025.05.08

Mongolia Unveils Ambitious Tourism Strategy: Aiming for 2 Million Visitors and 10% GDP Contribution by 2030: Ulaanbaatar, Mongolia – Riding a wave of increasing international interest, Mongolia has announced a bold and comprehensive ...; Hwang Sujin Reporter 2025.05.08

Brazil's Central Bank Hikes Key Rate to 19-Year High Amid Persistent Inflation Concerns: Brasília, Brazil – In a resolute move to combat persistent inflationary pressures, the Central Bank of Brazil's Monet ...; Ana Fernanda Reporter 2025.05.08

China Pivots to Australia and India for Livestock Feed as Trade Spat with Canada Escalates: Beijing – China is actively forging new trade partnerships with Australia and India to secure alternative sources for crucia ...; Eugenio Rodolfo Sanabria Reporter 2025.05.08

South Korean Shipbuilding Giants HD Hyundai Heavy Industries and Hanwha Ocean Forge Alliance for Canada's Multi-Billion Dollar Submarine Overhaul: Seoul, South Korea – In a significant move signaling a powerful alliance in the global defense sector, South Korean shipbuil ...; Desk 2025.05.08

China's Booming Bioreagent Market Driven by Rapid Life Science Advancements: The burgeoning field of life sciences in China is acting as a significant catalyst for the nation's bioreagent market, a sector vi ...; Pedro Espinola Special Correspondent 2025.05.08

Korean Pet Industry Eyes Booming Italian Market with Debut at ZOOMARK 2025: BOLOGNA, ITALY – Ten South Korean pet industry companies are making a concerted push into the burgeoning Italian pet market, ...; Hwang Sujin Reporter 2025.05.08

Samsung Heavy Industries Unveils Advanced Deepwater FLNG Solution, Garners Key Certifications to Spearhead Offshore Gas Development: Samsung Heavy Industries (SHI), a global leader in shipbuilding and offshore engineering, has announced a significant breakthrough ...; Greace Nunez Correspondent 2025.05.08

Hyundai Bets on Humanoid Robotics to Revolutionize US Auto Manufacturing at Georgia Megafactory: Seoul, South Korea – Hyundai Motor Group is making a bold leap into the future of automotive manufacturing with the planned ...; KO YONG-CHUL Reporter 2025.05.07

K-Beauty's Global Ascendancy: US Emerges as Potential Top Export Destination Amidst Robust Growth: Seoul, South Korea – The allure of K-Beauty continues its powerful global expansion, evidenced by the latest trade figures r ...; Graciela Maria Reporter 2025.05.07

Woori Bank Establishes Polish Branch to Back Korean Water Industry SMEs Amidst Eastern European Expansion: Seoul, South Korea – Woori Bank, a prominent South Korean financial institution, has officially inaugurated its branch in Wa ...; KO YONG-CHUL Reporter 2025.05.07

BioFriends Expands into Indonesian Clean Energy Market with Local Subsidiary and DME Plant Project: Seoul, South Korea – BioFriends Co., Ltd., a prominent climate technology innovator, has solidified its presence in the burg ...; Graciela Maria Reporter 2025.05.07

South Jeolla Province Aggressively Pursues Indonesia's Burgeoning Renewable Energy Market, Securing Initial Deals and Strategic Partnerships: South Jeolla Province, a burgeoning hub for clean energy in South Korea, is making significant strides in its ambition to penetrat ...; Yim Kwangsoo Correspondent 2025.05.07

Uber Navigates Global Landscape with Strategic Partnerships Amid Shifting Economic Winds and AV Race: San Francisco, CA – As Uber gears up for its first-quarter earnings report, the ride-hailing and delivery giant is strategic ...; Eugenio Rodolfo Sanabria Reporter 2025.05.07

Vietnam's Agricultural and Fisheries Sector Flourishes with Robust Export Growth Amidst Rising Global Prices: Hanoi, Vietnam – Vietnam's agricultural and fisheries sector is experiencing a period of significant prosperity, with export ...; Eugenio Rodolfo Sanabria Reporter 2025.05.07

HiteJinro Navigates US-Vietnam Tariff Talks with High Stakes for Soju's Global Ambitions: Seoul, South Korea – The initiation of trade negotiations between Vietnam and the United States, prompted by tariffs imposed ...; ONLINE TEAM 2025.05.07

Dongbu Construction Wins Top Prize at Drone-Utilizing Construction Safety Innovation Contest: Dongbu Construction (KRW 4,150, down KRW 25 or 0.60%) announced on the 7th that it won the top prize (Excellence Award), the first ...; KO YONG-CHUL Reporter 2025.05.07

Daejeon Unveils Ambitious Strategy to Dominate Future Secondary Battery Market: Daejeon Metropolitan City, a hub of scientific research and technological innovation in South Korea, has announced a comprehensive ...; HONG MOON HWA Senior Reporter 2025.05.07

South Korean Construction Sector Grapples with Existential Crisis as Closures Soar and New Entrants Dwindle: The South Korean construction industry is facing a deepening crisis, evidenced by a 14-year high in business closures and a record ...; Desk 2025.05.06

Obligado's Family Farming Fair Cultivates Community and Economy: OBLIGADO, PARAGUAY - A vibrant weekly family farming fair has blossomed into a cornerstone of community development in the Municip ...; Pedro Espinola Special Correspondent 2025.05.06