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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Seosan Mayor Lee Wan-seop: "Opening Seosan Airport by 2028 is difficult, but we will push forward with it": Seosan Mayor Lee Wan-seop acknowledged that it is realistically difficult to open the long-awaited Seosan Airport by 2028, but exp ...; HONG MOON HWA Senior Reporter 2026.10.11

"Which Color Stands Out the Most?" Genesis Unveils 16 Exterior Colors for the GV90: Genesis is hosting a large-scale special exhibition at Genesis Suwon, reflecting high customer interest in its flagship all-electr ...; Kim Sungmoon Reporter 2026.10.08

Beyond Cars to Robots and AI: Euisun Chung's Vision for the 'Mobility Great Transformation': SEOUL — Marking his 6th anniversary as Chairman of Hyundai Motor Group, Euisun Chung has successfully expanded the group's b ...; Yim Kwangsoo Correspondent 2026.10.08

Government Unveils 1,000 Trillion Won "K-GX" Initiative to Drive Decarbonization and Green Tech: SEOUL — The South Korean government has announced a massive 1,000 trillion won ($700+ billion) funding and policy package th ...; Kim Young Min Reporter 2026.10.08

Deploying Drones to Inspect Sites and Support Administrative Tasks: CHUNGBUK / SOUTH CHUNGCHEONG — South Chungcheong Province is expanding the scope of public drone applications to promptly in ...; Kim Young Min Reporter 2026.10.08

South Korea’s Nuri Space Rocket Successfully Launches, Deploys 15 Satellites: Ground Station Contact Pending: SEOUL — South Korea’s indigenous space program achieved another major milestone on Tuesday as the fifth launch of the ...; Hwang Sujin Reporter 2026.10.07

‘Gangwon Science & AI Festival for Everyone’; Gangwon State to Host the 11th Gangwon Science & Technology Festival: Hosted by Gangwon State and Chuncheon City, and organized by the Gangwon Research and Development Support Center, the 11th Gangwon ...; Desk 2026.10.07

Chungnam Province's Close On-site Support in China Bears Fruit in Actual Exports: The close, on-site support provided by the Chungnam Provincial China Office is successfully driving local enterprises into the Chi ...; HONG MOON HWA Senior Reporter 2026.10.06

Chungnam Province and KAIST Showcase 'Future Mobility Innovation' Results: Hands-on demonstrations and experiences feature cutting-edge technologies including rugged-terrain exploration rovers, agricultura ...; HONG MOON HWA Senior Reporter 2026.10.06

"912 km on a Single Tank"… Genesis Launches Its First Hybrid, the 'GV80': Genesis has officially launched the 'GV80 Hybrid' in the domestic market, marking the brand’s very first hybrid model. On t ...; Yongwon Ko Senior Reporter 2026.10.06

LG Electronics Expands Global Chiller Production Capacity - New plant in US, expansion of domestic production lines: LG Electronics is expanding its global chiller production capacity by establishing a new plant in the United States and expanding ...; Desk 2026.10.06

Samsung Heavy Industries Secures Orders for 20 LNG Carriers: Samsung Heavy Industries has once again proven its leading competitiveness in the LNG carrier sector by achieving orders for 20 LN ...; Cho Kijo Reporter 2026.10.06

SME-Recognized Medical Corporations… Hailing Good News Such as Management Improvement: As medical corporations are legally included within the scope of "Small and Medium Enterprises (SMEs)," significant changes are ex ...; KO YONG-CHUL Reporter 2026.10.06

Global Defense Startups Flood with Investment... Highest in a Decade in the First Half of This Year: Investments in defense sector startups are accelerating worldwide, with startups holding new technologies such as drones and artif ...; KO YONG-CHUL Reporter 2026.10.05

Gangwon State University Anchor Business Group Participates in the "2026 Industry-University-Institute Collaboration EXPO": The Gangwon State University (President Choi Jong-gyun) Anchor Business Group (Head Choi Geun-pyo) participated in the "2026 Indus ...; Global Economic Times Reporter 2026.10.05

Offshore Wind Orders Gaining Momentum: LS Marine Solution Responds with Major Wins and Fleet Investments: SEOUL — As South Korea’s offshore wind market shifts from planning to actual project deployment, the submarine cable c ...; Kim Young Min Reporter 2026.10.03

Hyundai Glovis Poised for Q3 Earnings Rebound Driven by Chinese Automakers and Easing Maritime Costs: SEOUL — Hyundai Glovis, South Korea’s leading logistics and shipping provider, is projected to post a significant rebo ...; KO YONG-CHUL Reporter 2026.10.03

Business Circles Express Deep Concern Over Newly Passed Occupational Safety and Health Act Amendment: SEOUL — South Korea's business community has strongly protested the passage of a controversial amendment to the Occupational ...; Yim Kwangsoo Correspondent 2026.10.03

LG CNS Partners with General Atlantic to Co-Invest in Enterprise Software and AI: SEOUL — LG CNS, a leading South Korean IT service and digital transformation provider, has forged a strategic co-investment ...; Yim Kwangsoo Correspondent 2026.10.03

KT Expands Healthcare AX Business with New 'Medical Standard Model': KT announced that it is accelerating the digital and artificial intelligence (AI) transformation of domestic hospitals by launchin ...; Hee Chan Kim Reporter 2026.10.03

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