Global Economic Times

2025.12.16 (Tue)
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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 South Korean industries, dubbed the ‘R.E.D.’ sectors&mdas
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) have announced an extension for the application period of the '2026

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 Construction & Economy Research Institute of Korea (CERIK) reveals that nea

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Hyundai Steel to Build $5.8 Billion Electric Arc Furnace Steel Mill in Louisiana, US: Hyundai Steel announced on March 25th its plan to establish a 2.7 million-ton electric arc furnace (EAF) steel mill in Louisiana, ...; KO YONG-CHUL Reporter 2025.03.25

South Korea's Middle-Aged Workforce Hits Crisis Point as Employment Plummets: Seoul, South Korea - South Korea's economic stability is under threat as employment figures for individuals in their 40s and 50s, ...; ONLINE TEAM 2025.03.25

Songdo Landmark City to Break Ground Next Year: The Incheon Free Economic Zone Authority announced on the 24th that the revised development plan for the 'Songdo Landmark City' pr ...; KO YONG-CHUL Reporter 2025.03.25

Kakao Entertainment Fined 390 Million Won for 8 Years of Covert Online Advertising: The Fair Trade Commission (FTC) has imposed a fine of 390 million won on Kakao Entertainment, South Korea's leading music distribu ...; Desk 2025.03.25

Cement Industry in Crisis: Shipments Plunge to 1980s Levels Amid Construction Slump: SEOUL - South Korea's cement industry is grappling with a severe downturn, as shipment figures have plummeted since the beginning ...; ONLINE TEAM 2025.03.25

Hyundai Motor Group Announces $21 Billion Investment in the U.S. by 2028: Hyundai Motor Group Chairman Euisun Chung, accompanied by President Trump, announced on the 24th (local time) at the White House t ...; KO YONG-CHUL Reporter 2025.03.25

LX Corporation to Modernize Mongolia's Address Information System: SEOUL, South Korea - The Korea Land and Geospatial Informatix Corporation (LX Corporation), under the leadership of CEO Eom Myeong ...; Global Economic Times Reporter 2025.03.25

Jeonbuk NAQS Intensifies Crackdown on Origin Labeling in Government Restaurants: JEONJU, South Korea – The Jeonbuk branch of the National Agricultural Products Quality Management Service (NAQS) has launche ...; Yim Kwangsoo Correspondent 2025.03.25

Jeonbuk Economic Promotion Agency (JEPA) Drives Global E-commerce Growth for Local SMEs with New Support Program: JEONJU, South Korea – In a strategic move to amplify the international presence of regional businesses, the Jeonbuk Economic ...; Yim Kwangsoo Correspondent 2025.03.25

2025 Gyeongnam Tourism Expo: Showcasing the Beautiful Four Seasons and Abundant Attractions of Gyeongnam: The '2025 Gyeongnam Tourism Expo' recently concluded its successful three-day run from March 20th to 22nd at the Changwon Conventi ...; ONLINE TEAM 2025.03.25

Jeju Fishermen Suffer Heavy Losses as Hairtail Catch Plummets Off Taiwan Coast: JEJU ISLAND – Fishermen from Jeju Island are facing severe financial hardships as hairtail catches have drastically declined ...; Yim Kwangsoo Correspondent 2025.03.25

Plummeting Prices and Shipment Delays Plague Jeju Mandarin Growers, NH Launches Consumption Promotion Events: Jeju mandarin growers are facing significant difficulties this year due to a sharp drop in prices and shipment delays. In particul ...; Min Gyu Mi Reporter 2025.03.25

SK Broadband to Build New Trans-Pacific Subsea Cable, 'E2A': SK Broadband has announced plans to construct a new international subsea cable, named 'E2A' (East Asia To North America), connecti ...; Desk 2025.03.24

Home Shopping Giants Battle for Delivery Supremacy with 7-Day Services: The Korean home shopping landscape is undergoing a rapid transformation, with '7-day delivery' services becoming the new battlegro ...; Hwang Sujin Reporter 2025.03.24

Paraguay Pursues Joining TIR System to Boost International Trade: Expected to Overcome Limited Maritime Accessibility and Enhance Export Competitiveness: Paraguay is considering joining the UN-supported International Road Transport (TIR) system as a strategic move to improve internat ...; KO YONG-CHUL Reporter 2025.03.24

Paraguay's Maquila Industry Drives Economic Vitality with Growth in Employment and Exports: Early 2025 Sees Paraguay's Maquila Industry Exports Grow by 23%, Reaching $197 Million Paraguay's maquila industry (assembly and ...; Yim Kwangsoo Correspondent 2025.03.24

Las Vegas Emerges as a Hub of the Global Real Estate Market: RE/MAX International Convention a Resounding Success: Las Vegas, USA, once again solidified its status as a pivotal point for the global real estate industry, hosting the RE/MAX Intern ...; Pedro Espinola Special Correspondent 2025.03.24

Paraguayan Shipbuilding Industry Foresees 'Golden Future' Over Next 20 Years, Expecting $800 Million Economic Impact: The Paraguayan shipbuilding industry is poised to become a key driver of Paraguay's economic growth, generating nearly $800 millio ...; Graciela Maria Reporter 2025.03.24

Paraguayan Agricultural Sector Urges Development Through Cooperation and Shared Vision: IGUAZU, Paraguay – Raimundo Yano, President of the United Agricultural Enterprises (UEA), emphasized the importance of coope ...; Eugenio Rodolfo Sanabria Reporter 2025.03.24

Discussing the Future of the Advertising Industry: Amplify Summit 2025 Held in Paraguay: ASUNCIÓN, Paraguay - Amplify, a company leading innovation in Paraguay's Out-of-Home (OOH) advertising industry, will host ...; Eugenio Rodolfo Sanabria Reporter 2025.03.24