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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Hyundai Motor Achieves Near-Zero Domestic Turnover, Faces Global Workforce Challenges: SEOUL, South Korea – Hyundai Motor Company is setting a remarkable standard for employee retention within South Korea, repor ...; KIM YOUNG MIN 2025.07.02

South Korea Approves Naju Energy National Industrial Complex, Aiming for 2032 Completion as a Strategic Energy Hub: Naju, South Korea – The Ministry of Land, Infrastructure and Transport announced on July 2nd its approval for the industrial ...; ONLINE TEAM 2025.07.02

Kolon FnC Embraces Domestic Innovation: Flow Secures Landmark Collaboration Tool Deal: SEOUL, South Korea – Madrascheck Co., Ltd., the developer of Flow, a leading South Korean collaboration tool, announced toda ...; Hwang Sujin Reporter 2025.07.02

Robots to Spearhead Trillion-Dollar Nuclear Decommissioning Market: Seoul, South Korea – As the global nuclear power industry grapples with an aging fleet of reactors, a new frontier in high-t ...; Desk 2025.07.01

U.S. Pharmaceutical Industry Pressures Countries Like Korea on 'Drug Price Dumping'... "Must Use as Leverage in Trade Negotiations": WASHINGTON D.C. – The U.S. pharmaceutical industry has strongly criticized major developed countries, including South Korea, ...; KO YONG-CHUL Reporter 2025.07.01

June Exports Up 4.3% Driven by Record-Breaking Semiconductor Performance: July 1, 2025 – South Korea's exports in June increased by a robust 4.3% year-on-year, reaching $59.8 billion, maintaining a ...; Hwang Sujin Reporter 2025.07.01

Family Farming Fair in San Pedro Benefits Over 800 Families: The Family Farming Fair held in San Pedro de Ycuamandyyú successfully concluded, directly benefiting over 800 families. Sma ...; Ana Fernanda Reporter 2025.07.01

Paraguay Officially Increases Minimum Wage by 100,000 Guaranies, But Controversy Lingers: The Paraguayan government has officially announced a minimum wage increase of 100,000 Guaranies (approximately USD 18) effective J ...; Ana Fernanda Reporter 2025.07.01

Paraguayan Food Companies Exhibit Outstanding Performance at 'Food Taipei 2025': Leading companies from Paraguay's food and beverage industry successfully showcased the excellence of their national products at ' ...; Ana Fernanda Reporter 2025.06.30

Paraguay Urged to Follow Brazil's Footsteps in Increasing Biofuel Blending Ratios: Brazil's decision to increase the biofuel blending ratio for petroleum derivatives to 15% starting in August is a measure that the ...; Yim Kwangsoo Correspondent 2025.06.30

Brazil to Push for Inclusion of Automotive and Sugar Industries in Mercosur Trade Rules: Brazil, set to assume the rotating presidency of Mercosur in July, plans to advocate for the inclusion of the automotive and sugar ...; Pedro Espinola Special Correspondent 2025.06.30

European Wine Industry Urges Swift Ratification of Mercosur Agreement, Faced with Strong Opposition from France and Others: The European wine industry is strongly advocating for the immediate initiation of the adoption and ratification process of the tra ...; Desk 2025.06.30

Daejeon City to Inject 458 Billion Won into Small Businesses Amid Economic Slump: DAEJEON, South Korea – Daejeon City announced today an expanded and tailored support policy for small business owners grappl ...; HONG MOON HWA Senior Reporter 2025.06.29

Korea and Mexico Bolster Ties in Semiconductor and Intellectual Property Sectors: Mexico City – The Korean Embassy in Mexico, in collaboration with Mexico's Ministry of Science, Humanities, Technology and I ...; Global Economic Times Reporter 2025.06.29

Tesla Nears Completion of First North American LFP Battery Plant in Nevada: SPARKS, Nevada – Tesla, the electric vehicle (EV) giant led by Elon Musk, announced on Friday, June 28, that its first North ...; Eunsil Ju Reporter 2025.06.29

China's Rapid Unicorn Growth: A Robot Company's One-Year Journey to Success: How long does it take for a company to establish itself in the world? I was quite surprised recently when I visited Suzhou, China, ...; ONLINE TEAM 2025.06.28

Amazon Invests $10 Billion in North Carolina, Accelerating AI Innovation and Cloud Infrastructure Expansion: Amazon has announced plans to invest approximately $10 billion (about ₩13.7 trillion KRW) in North Carolina, USA, to significantly ...; Eunsil Ju Reporter 2025.06.27

Paraguay Achieves Milestone with First Surgical Implant Export – Opening New Horizons in South American Medical Industry: Paraguayan medical device manufacturer ION SA made a significant stride in the South American medical industry yesterday with its ...; Graciela Maria Reporter 2025.06.27

Paraguay: Emerging as a New Hub for the South American Textile Industry: Paraguay is pursuing an ambitious strategy to become a new center for the textile industry within Mercosur (Southern Common Market ...; Graciela Maria Reporter 2025.06.27

Four Consortia Vie for Asunción New General Hospital Bid: ASUNCIÓN, Paraguay – Four consortia have entered a fierce bidding competition for the construction and maintenance pr ...; Global Economic Times Reporter 2025.06.27