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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Samsung Biologics Acquires GSK’s U.S. Plant to Bypass Tariff Barriers: (C) KBR MARYLAND – Samsung Biologics (207940.KS) has officially entered the U.S. manufacturing landscape by acquiring a lar ...; Yim Kwangsoo Correspondent 2025.12.23

Samsung Chairman Lee Jae-yong Visits Semiconductor Hub to Spearhead 'Super Cycle' Strategy: (C) The Investor YONGIN/HWASEONG — Samsung Electronics Chairman Lee Jae-yong has officially commenced a high-profile inspec ...; Global Economic Times Reporter 2025.12.23

KFTC Fines Korean Air and Asiana KRW 6.46 Billion for Capacity Reduction Violations: (C) Aviation A2Z SEOUL — The merger process between South Korea’s two largest carriers, Korean Air and Asiana Airline ...; Desk 2025.12.23

Gangwon Province Sweeps National Livestock Brand Awards, Securing Top Honors: (C) Gangwon Province CHUNCHEON – Gangwon Province has solidified its status as South Korea's premier livestock hub by winni ...; Kim Sungmoon Reporter 2025.12.21

HD Hyundai Heavy Industries to Co-Develop Next-Generation Submarines Tailored for Peru: (C) HD Hyundai LIMA, Peru — HD Hyundai Heavy Industries (HD HHI) is accelerating its first overseas submarine export throug ...; Yim Kwangsoo Correspondent 2025.12.21

South Korea's Foreign Workforce Hits 1.1 Million Milestone: (C) VnExpress International SEOUL – South Korea’s foreign employment has reached an all-time high, surpassing the 1 ...; Global Economic Times Reporter 2025.12.19

Kyungdong Navien to Acquire Smart Home Pioneer Commax for 32.8 Billion Won: (C) Kyungdong Navien SEOUL – Kyungdong Navien, South Korea’s leading HVAC (Heating, Ventilation, and Air Conditioning ...; KO YONG-CHUL Reporter 2025.12.18

Tesla Faces 30-Day Sales Suspension Risk in California Over "Deceptive" Autopilot Claims: (C) Arena EV LOS ANGELES — In a landmark decision that could disrupt Tesla’s operations in its most vital domestic ma ...; Eunsil Ju Reporter 2025.12.18

Israel Greenlights Landmark $38 Billion Natural Gas Export Deal with Egypt: (C) Watan JERUSALEM – In a move set to redefine the energy landscape of the Eastern Mediterranean, the Israeli government o ...; KO YONG-CHUL Reporter 2025.12.18

Zootopia 2’s Box Office Surge: A Mirror of U.S.-China Economic Interdependence: (C) Twisted Voxel BEIJING – While trade tensions between the world's two largest economies remain high, a rabbit and a fox ...; Eugenio Rodolfo Sanabria Reporter 2025.12.18

R.E.D. Sectors Poised for Growth in 2026, the Year of the 'Red Horse,' Driven by AI Investment Boom: (C) Vecteezy SEOUL — A significant surge in Artificial Intelligence (AI) investment is expected to propel the growth of key ...; Hwang Sujin Reporter 2025.12.15

Extension Granted for '2026 Honors for SME Contributors' Application: (C) KBIZ SEOUL) — The Ministry of SMEs and Startups (MSS) and the Korea Federation of Small and Medium Enterprises (KBIZ) h ...; Global Economic Times Reporter 2025.12.15

44% of Recent Construction Projects Report Deficits, Industry Survey Finds: (C) KED Global Seoul, South Korea — A recent survey conducted by the Korea Construction Association (KCA) and the Construct ...; KO YONG-CHUL Reporter 2025.12.15

Lotte Mart Launches Major Imported Fruit Discount Event Amid High Prices: (C) Lotte Mart SEOUL — Lotte Mart has announced a special discount event for imported fruits, offering significant savings ...; Kim Sungmoon Reporter 2025.12.15

Korean Drone Exports Soar 58% to $28 Million, Expanding Global Footprint: (C) Kyiv Post Seoul, Korea – The Republic of Korea is rapidly establishing itself as a significant player in the global Unm ...; KO YONG-CHUL Reporter 2025.12.15

EU Cracks Down on Flood of Cheap, Risky Chinese Parcels, Targets Shein and Alibaba: (C) South China Morning Post The European Union (EU) is significantly stepping up its enforcement efforts against goods entering ...; Global Economic Times Reporter 2025.12.15

Lotte Biologics Hosts 'Future Innovative Technology Development Forum': (C) Top Daily Lotte Biologics, a rapidly emerging player in the global biopharmaceutical industry, recently held its fifth 'Futur ...; Hee Chan Kim Reporter 2025.12.13

CJ CheilJedang Launches 'Yummy' Content Service on CJ The Market App: (C) Yummy SEOUL, South Korea — In a bid to enhance customer engagement and boost product utilization, CJ CheilJedang has of ...; Shin Yeju 2025.12.13

Yamaha Music Korea Launches 'Hybrid Piano Music Festa' Special Promotion: (C) Yamaha Music Korea Yamaha Music Korea has announced a major winter promotion for its hybrid piano lineup, called the 'Hybrid ...; Global Economic Times Reporter 2025.12.13

Lotte Wellfood Dominates 2025 Korea Digital Advertising Awards with Six Wins: (C) Seoul Finance SEOUL, South Korea - Confectionery and food giant Lotte Wellfood has cemented its status as a leader in innovat ...; Hwang Sujin Reporter 2025.12.13