Global Economic Times

2026.06.27 (Sat)
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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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Hanwha Ocean Secures KRW 2.2 Trillion LNG Dual-Fuel Container Ship Contract with Taiwan's Yang Ming Marine Transport: SEOUL, July 18, 2025 – Hanwha Ocean has once again demonstrated its competitiveness in the high-value-added vessel market by ...; KO YONG-CHUL Reporter 2025.07.18

Bucheon City Boosts Local Employment with "On-Site Recruitment Center on the Go": Bucheon City is stepping up its efforts to vitalize local employment by operating an "On-Site Recruitment Center on the Go," direc ...; Hwang Sujin Reporter 2025.07.17

Bucheon City Goes All Out for Global Investment Attraction at International e-Mobility Expo, Aims to Become a Future Mobility Hub: Bucheon City participated in the '12th International e-Mobility Expo', which successfully concluded in Seogwipo City, Jeju, from J ...; Hwang Sujin Reporter 2025.07.17

Chungnam Institute for Culture & Arts to Host 'New Content AI Festa': The Chungnam Institute for Culture & Arts (President Kim Gok-mi, hereinafter referred to as the Institute) will host the 'New ...; HONG MOON HWA Senior Reporter 2025.07.17

AFD Diversifies Portfolio by Strengthening Support for SMEs and Women-Led Businesses: ASUNCIÓN, Paraguay – The Financial Development Agency (AFD) of Paraguay is significantly diversifying its portfolio b ...; KO YONG-CHUL Reporter 2025.07.16

PY01 Highway Expansion Project: Operator Selection Nearing: ASUNCIÓN – The Paraguayan Ministry of Public Works and Communications (MOPC) is accelerating the PY01 highway expansi ...; Eugenio Rodolfo Sanabria Reporter 2025.07.16

Trump's Tariff War Escalates: 30% Tariffs Announced on EU and Mexico: WASHINGTON D.C. — President Donald Trump announced on his social media platform, Truth Social, on the 12th (local time) that ...; KO YONG-CHUL Reporter 2025.07.13

The Jeonbuk traditional markets are aiming to revitalize the local economy with a relay of festivals until the end of the year.: Jeollabuk-do announced that it will hold a series of diverse themed festivals at 9 traditional markets across the province until t ...; Yim Kwangsoo Correspondent 2025.07.13

Incheon Airport Maglev to Resume Operations in September as a 'Tourism and Experience' Facility, Losing its Status as Urban Railway: The Incheon Airport Maglev is set to resume operations from September, transforming from an urban railway into a tourism and exper ...; Min Gyu Mi Reporter 2025.07.13

'Sodium battery mass production: 82 places in China vs. only 1 in Korea'... South Korea's crisis in the next-generation battery war: A warning has been sounded that South Korea is significantly lagging behind China in the field of sodium batteries, which are emer ...; KIM YOUNG MIN 2025.07.12

Don Quijote Pop-up Lands in Korea, Drawing 1,000 People Daily… A Bridgehead for Official Entry?: On the morning of July 12, 2025, the B1 floor of The Hyundai Seoul in Yeouido, Seoul, was bustling with an unusual vibrancy, a sta ...; Hwang Sujin Reporter 2025.07.12

Canada's Pharmaceutical Industry on High Alert Over Trump's 200% Tariff Threat: WASHINGTON D.C. – The Canadian pharmaceutical industry has been put on high alert following President Donald Trump's announc ...; KO YONG-CHUL Reporter 2025.07.12

2025 Minimum Wage Confirmed at KRW 10,320: Records Lowest Ever Increase Rate, Agreement Reached After Difficult Negotiations: Next year's minimum wage has been finally decided at KRW 10,320 per hour (monthly equivalent: KRW 2,156,880), a 2.9% increase from ...; Desk 2025.07.11

Daejeon Agricultural Technology Center to Conduct Joint Rice Pest Control with Agricultural Drones: The Daejeon Agricultural Technology Center will support a joint pest and disease control project for 485 rice-cultivating farms, c ...; Global Economic Times Reporter 2025.07.11

Chungnam's West Sea Fishing Villages and Ports Map to Be Significantly Transformed: The Korea National Agency of Fisheries and Fishing Villages (FIPA) West Sea Branch Office, which settled in Naepo New Town for the ...; HONG MOON HWA Senior Reporter 2025.07.11

Canada's Aisa Group to Build 1GW Solar Power Plant in Argentina, Signaling Shift in South American Renewable Energy Market: BUENOS AIRES, Argentina - Canadian energy development company Aisa Group is pursuing a project to construct a massive 1-gigawatt ( ...; Global Economic Times Reporter 2025.07.10

Autonomous a2z, Hand-in-Hand with Grab, Ushers in Singapore's First Urban Autonomous Shuttle Era: Autonomous a2z (hereinafter referred to as a2z), a South Korean autonomous driving startup, has officially launched an autonomous ...; Hee Chan Kim Reporter 2025.07.10

Agricultural Losses Expected to Decrease Due to Improved Weather Conditions – Philippine Department of Agriculture: The Philippine Department of Agriculture (DA) announced on the 9th that it expects a significant reduction in damages to the agric ...; Kim Sungmoon Reporter 2025.07.10

Lotte Wellfood Begins Local Production of 'Pepero' in India, Accelerating Global Market Expansion: Lotte Wellfood has established its first overseas production base for its flagship snack, 'Pepero,' in India, marking a full-fledg ...; Kim Sungmoon Reporter 2025.07.09

Busan's Redevelopment of Aging Planned Cities Finally Takes Its First Step: Busan Metropolitan City has announced the commencement of a large-scale redevelopment project aimed at improving the residential e ...; Hee Chan Kim Reporter 2025.07.09