Global Economic Times

2026.05.08 (Fri)
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Hyundai Motor Group Bets $700 Million on Mexico Amid Trade Policy Volatility

MEXICO CITY — In a bold move that defies growing geopolitical tension and fluctuating trade policies, Hyundai Motor Group (HMG) is significantly ramping up its investment in Mexico. While other
Kakao Hits Record Q1 Performance: Operating Profit Surges 66% as Focus Shifts to "Agentic AI"

SEOUL — Kakao, the South Korean tech giant behind the country’s ubiquitous messaging app, announced today that it has achieved its highest-ever first-quarter results. Driven by the robust

Honda Halts $15B Canada EV Plant Plans Amid Strategic Pivot to Hybrids

(C) Investopedia TOKYO – Japanese automaker Honda Motor Co. has indefinitely suspended its plans to build an electric vehicle (EV) and battery manufacturing hub in Ontario, Canada, as the compa

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New Air Link to Connect Ulsan and Remote Ulleungdo, Boosting Regional Accessibility and Tourism: Ulsan, South Korea – Residents of Ulsan and those eager to explore the captivating natural beauty of Ulleungdo Island will s ...; KIM YOUNG MIN 2025.04.19

Jeju Province Unveils Draft Ordinance Amendments to Spur Economic Growth and Ease Construction Regulations: JEJU SPECIAL AUTONOMOUS PROVINCE – In a bid to revitalize the regional economy and alleviate long-standing grievances relate ...; KO YONG-CHUL Reporter 2025.04.19

Jeju Island Enhances Water and Wastewater Infrastructure in Key Offshore Islands to Improve Quality of Life: Jeju Special Self-Governing Province announced on April 17th its ongoing commitment to significantly improving the living environm ...; KO YONG-CHUL Reporter 2025.04.19

Jeju Island's "Regional Innovation Project" Aims to Boost Tourism Jobs and Premium Experiences: Jeju Island, a jewel of South Korea renowned for its stunning natural landscapes and unique cultural heritage, is embarking on an ...; Yim Kwangsoo Correspondent 2025.04.19

Delayed Bloom Expected for Jeju Open-Field Mandarin Oranges, Prompting Farmer Adaptations: JEJU, South Korea – The anticipated blooming period for open-field mandarin oranges (Citrus unshiu) in Jeju Island is projec ...; KIM YOUNG MIN 2025.04.19

Centuries of Tradition Thrive as Yangyang Traditional Market Welcomes the Spring Season: Nestled in a picturesque locale where the majestic Seoraksan Mountain meets the vast East Sea and the serene Namdaecheon Stream fl ...; Hwang Sujin Reporter 2025.04.19

Incheon Gears Up for New Era of Auto Sports with Innovative Racing Facilities: Incheon is poised to become a burgeoning hub for auto sports enthusiasts with the upcoming development of two distinct and excitin ...; KO YONG-CHUL Reporter 2025.04.19

Incheon Airport Overwhelmed by Record-Breaking International Passenger Traffic Ahead of Golden Holiday: Incheon International Airport is experiencing an unprecedented surge in international passenger traffic, with figures for the firs ...; Hwang Sujin Reporter 2025.04.19

South Korea Faces Agricultural Crisis as Farm Household Population Expected to Fall Below One Million: South Korea's agricultural sector is facing a deepening crisis as the farm household population is projected to drop below the one ...; Hwang Sujin Reporter 2025.04.19

Hyundai Dominates U.S. News & World Report's 2025 Best Hybrid and Electric Vehicle Awards: Hyundai Motor Company has announced its remarkable success at the U.S. News & World Report's 2025 Best Hybrid and Electric Veh ...; Yim Kwangsoo Correspondent 2025.04.19

Pennsylvania's Federal Workforce Shrinks Significantly Amid Trump-Era Cuts: New data released by the U.S. Bureau of Labor Statistics (BLS) reveals that Pennsylvania is experiencing a disproportionately larg ...; Desk 2025.04.19

Suwon City to Showcase Local SMEs at IFA 2025 in Berlin: Suwon City, a hub of innovation in Gyeonggi Province, South Korea, has announced an exciting opportunity for its burgeoning small ...; KO YONG-CHUL Reporter 2025.04.18

South Korean Auto Parts Maker Dasung Expands Mexico Plant, Strengthening Ties with GM Amidst US Tariff Relief: SAN LUIS POTOSI, MEXICO – South Korean automotive component manufacturer Dasung is doubling down on its investment in Mexico ...; KO YONG-CHUL Reporter 2025.04.18

Cuba Set to Showcase Caribbean Charm at FITCUBA 2025, Targeting Growing Korean Market: Havana, Cuba – The vibrant island nation of Cuba is gearing up to host its annual International Tourism Fair, FITCUBA 2025, ...; KO YONG-CHUL Reporter 2025.04.18

Chilean Lumber Exports See 10% Price Dip in March Amidst Shifting Global Dynamics: Chile, a significant player in the global lumber market, experienced a notable 10% decrease in the price of its exported lumber du ...; Desk 2025.04.18

Chile Anticipates 11% Increase in Citrus Exports This Season: Chile's citrus industry is optimistic about the upcoming export season, projecting an 11% increase in volume compared to the previ ...; Desk 2025.04.18

Eunma Apartment in Gangnam Gears Up for Massive 49-Story Redevelopment: The iconic Eunma Apartment complex in the affluent Daechi-dong neighborhood of Gangnam-gu, Seoul, is taking significant steps towa ...; Global Economic Times Reporter 2025.04.17

Gunsan Airport Boosts Connectivity with Increased Flights to Jeju Island: Gunsan, South Korea – Jeollabuk-do (North Jeolla Province) is set to significantly enhance air travel convenience for its re ...; Yim Kwangsoo Correspondent 2025.04.17

Sejong Apartment Prices Rebound Amid Presidential Office Relocation Buzz; Seoul Market Remains Strong: Sejong City's real estate market has shown a surprising turnaround, with apartment prices rising for the first time in over a year ...; Hwang Sujin Reporter 2025.04.17

South Korea's Farming Population Faces Historic Drop Below 1 Million Amid Rapid Aging: South Korea's agricultural sector is facing a critical demographic shift as projections indicate the farming population will plumm ...; KO YONG-CHUL Reporter 2025.04.17