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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Foreign Company Steals Korean LED Technology… Supreme Court Rules It Can Be Tried in Korea: A groundbreaking ruling by the Supreme Court has established for the first time that a foreign corporation can be criminally tried ...; KO YONG-CHUL Reporter 2025.09.07

Panama Unveils Ambitious Gas Pipeline Project to Transform Global Energy Transit: TOKYO – The Republic of Panama is moving forward with an ambitious project to construct a new gas pipeline that will travers ...; Yim Kwangsoo Correspondent 2025.09.04

A New Mandate for Corporate Accountability: President Lee Declares War on Industrial Fatalities and Wage Theft: In a bold and unscripted move during a televised cabinet meeting, President Lee Jae-myung of South Korea has signaled a dramatic s ...; Desk 2025.09.03

New Financial Products Target Global Travelers and Tech Investors: Financial companies are rolling out specialized insurance and card products to attract international travelers. For stock investor ...; Min Gyu Mi Reporter 2025.08.31

Harim Foods to Build ₩200 Billion Smart Factory in Iksan, Boosting Local Economy: IKSAN, Jeollabuk-do — Harim Group, one of South Korea's leading food conglomerates, is solidifying its presence in the Iksan ...; Shin Yeju 2025.08.31

Mitsubishi Pulls Out of Japanese Offshore Wind Projects Amid Soaring Costs: TOKYO—Mitsubishi Corp. has announced its complete withdrawal from all of its domestic offshore wind power projects, citing a ...; Desk 2025.08.28

Nvidia's Q2 Earnings Report: A Potential $260 Billion Market Cap Shift on the Horizon: SAN FRANCISCO - As the highly anticipated second-quarter earnings report from AI giant Nvidia looms, option market investors are b ...; KO YONG-CHUL Reporter 2025.08.27

Donald Trump Announces Meta's $50 Billion AI Data Center Investment in Louisiana: (SAN FRANCISCO) – Donald Trump, the former U.S. President, has revealed that Meta Platforms, the parent company of Facebook, ...; Greace Nunez Correspondent 2025.08.27

Hanwha Commits $5 Billion to U.S. Shipyard, Signaling Major Expansion and Revitalization of American Shipbuilding: PHILADELPHIA — In a landmark move solidifying the U.S.-South Korea alliance, Hanwha Group has announced a $5 billion investm ...; Hwang Sujin Reporter 2025.08.27

A Turning Point for Apple? The iPhone 17 and the AI Frontier: Apple, once the undisputed king of innovation, has faced a dual challenge recently: falling behind in the AI race and grappling wi ...; Eugenio Rodolfo Sanabria Reporter 2025.08.27

AI's Double-Edged Sword: A Looming Threat to Youth Employment in the US: A recent study by Stanford University researchers presents compelling evidence that the rise of generative artificial intelligence ...; Eugenio Rodolfo Sanabria Reporter 2025.08.27

"K-Demon Hunters" Fuels Historic Surge in Korean Cultural Tourism: SEOUL — The global phenomenon of the Netflix animated series "K-Demon Hunters" has ignited a new wave of cultural tourism in ...; Hwang Sujin Reporter 2025.08.26

HD Hyundai Launches Landmark Investment Program to Rebuild U.S. Shipbuilding Industry: WASHINGTON, D.C. — HD Hyundai has deepened its strategic partnership with the United States by launching a landmark, multi-b ...; Eunsil Ju Reporter 2025.08.26

Paraguay Kicks Off Green Hydrogen Production Using Itaipu Hydroelectric Power Plant: Paraguay is accelerating its efforts to produce green hydrogen by utilizing surplus power from the Itaipu hydroelectric power plan ...; Greace Nunez Correspondent 2025.08.22

Cosmecca Korea Poised for Global Expansion Following Landmark Halal Certification: SEOUL – In a strategic move set to reshape its global market presence, Cosmecca Korea, a powerhouse in the South Korean cosm ...; LEE YEON SIL Reporter 2025.08.21

SPC Group Launches Major Halal Bakery in Malaysia to Target Global Market: KUALA LUMPUR, MALAYSIA – SPC Group, a leading South Korean food conglomerate, has officially opened a state-of-the-art, larg ...; Pedro Espinola Special Correspondent 2025.08.21

Halal Certification Consultation for Businesses Now Underway... Free Support from MFDS: The export value of K-Food and K-Cosmetics is increasing every year, and tourists visiting Korea do not hesitate to spend money on ...; KO YONG-CHUL Reporter 2025.08.21

South Korea's "Labor Police" Initiative Sparks Debate: Is It About Safety or Punishment?: SEOUL—In a dramatic policy shift, the South Korean government is pushing forward with a massive expansion of its industrial ...; ONLINE TEAM 2025.08.20

A New Approach to Workplace Safety: Balancing Enforcement and Prevention: The South Korean government, under the strong leadership of President Lee Jae-myung, is considering new and stringent penalties fo ...; Hwang Sujin Reporter 2025.08.20

South Korean Industries Brace for Impact as US Expands Steel Tariffs: Washington, D.C. - The U.S. government has expanded its Section 232 tariffs on imported steel and aluminum products, a move that i ...; Sharon Yoon Correspondent 2025.08.18