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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Global and South Korean Ad Markets Poised for Growth Amidst Uncertainties: Seoul, South Korea – Despite global economic uncertainties and domestic political turmoil, both the global and South Korean ...; Desk 2025.01.28

Foreign Job Seekers in Korea on the Rise, Dedicated Platforms Emerge: Seoul, South Korea – As the number of foreign workers in South Korea surpasses one million, dedicated recruitment platforms ...; Desk 2025.01.28

South Korea Aims to Build 2.7 Million New Homes Amidst Housing Crisis: Seoul, South Korea – The South Korean government has unveiled an ambitious plan to construct 2.7 million new homes over the ...; Hwang Sujin Reporter 2025.01.27

Vietnam Accelerates Semiconductor Industry Development: HÀ NỘI — The Ministry of Industry and Trade (MoIT) is accelerating efforts to fast-track the country's semiconductor ...; Graciela Maria Reporter 2025.01.26

Vietnam's Electronics Industry Booms in 2024: Vietnam's electronics industry experienced a remarkable surge in 2024, with exports reaching a staggering $126.5 billion. This imp ...; Global Economic Times Reporter 2025.01.26

South Jeolla Province to Build Major Space Launch Complex: Goheung, South Korea – South Jeolla Province announced on January 25 that it will begin construction of a major space launch ...; Global Economic Times Reporter 2025.01.26

Chinese Shipbuilders Overtake South Korea Amidst Global Shipbuilding Boom: Seoul, South Korea – A recent report from Clarksons Research has revealed a significant shift in the global shipbuilding la ...; JEONG CHAN MYEONG Senior Reporter 2025.01.26

Seoul's Luxury Apartment Market Soars as Prices Hit Record Highs: Seoul, South Korea – The South Korean capital's luxury apartment market has experienced a dramatic surge, with over half of ...; Hwang Sujin Reporter 2025.01.26

Korean Air Introduces New Airbus A350-900 Aircraft: Seoul, South Korea – Korean Air announced today that it will be introducing its first two Airbus A350-900 aircraft into serv ...; Global Economic Times Reporter 2025.01.26

Peruvian Anchovy Fishing Season Exceeds Expectations, Boosting Exports: Lima, Peru – January 23, 2025 – Peru’s second anchovy fishing season has concluded with record-breaking results, ...; Eugenio Rodolfo Sanabria Reporter 2025.01.25

Salvadoran Brewery Invests $60 Million, Citing Government's Pro-Business Reforms: San Salvador, El Salvador – Cervecería Salvadoreña, one of the country's leading breweries, is set to invest $ ...; Pedro Espinola Special Correspondent 2025.01.25

El Salvador's EDP Power Plant Delivers Significant Savings and Environmental Benefits: San Salvador, El Salvador – Energía del Pacífico (EDP), a privately-owned liquefied natural gas (LNG) power ge ...; Pedro Espinola Special Correspondent 2025.01.25

Genesis Unveils Revolutionary GV60 Concept for Extreme Conditions: Davos, Switzerland – Genesis, Hyundai Motor Group’s luxury brand, has unveiled its latest concept vehicle, the GV60 Mo ...; Eugenio Rodolfo Sanabria Reporter 2025.01.25

South Korea Sees Uptick in Population Migration Amid Housing Market Boom: Seoul, South Korea – South Korea experienced a resurgence in population migration last year, driven by an increase in home s ...; Desk 2025.01.25

Chinese EV Makers Sue EU Over High Tariffs: Three of China's leading electric vehicle (EV) manufacturers, BYD, Geely, and SAIC Motor, have filed a lawsuit against the Europea ...; Eugenio Rodolfo Sanabria Reporter 2025.01.24

Soaring Rent in Seoul Amid Housing Shortage and Fraud Scandals: Seoul, South Korea – Rent prices for apartments, villas, and officetels in Seoul have been steadily climbing due to a combin ...; ONLINE TEAM 2025.01.22

El Salvador to Build Five Skyscrapers in 2025: San Salvador - El Salvador is set to embark on an ambitious construction project, with five new skyscrapers over 35 stories slated ...; Graciela Maria Reporter 2025.01.22

South Korean Drone Startups Soar Towards IPO: Several South Korean drone startups are poised to take flight on the public market, as they gear up for Initial Public Offerings ( ...; KO YONG-CHUL Reporter 2025.01.20

South Korea to Expand Mid-Sized Urban Living Housing to Accommodate Growing Families: Seoul, South Korea – South Korea's Ministry of Land, Infrastructure, and Transport announced on January 20 that it will rela ...; KO YONG-CHUL Reporter 2025.01.20

GoYoung's Stock Jumps on US FDA Approval for Medical Robot: Seoul, South Korea – GoYoung, a leading South Korean semiconductor inspection equipment manufacturer, saw its stock price sk ...; Global Economic Times Reporter 2025.01.20