Industry - Global Economic Times

2026.11.11 (Wed)
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Hyundai Motor Deepens Tech Alliances with Samsung and Nvidia to Pioneer the Physical AI Era

SEOUL — South Korea’s industrial landscape is witnessing a profound transformation as traditional manufacturing giants forge tight-knit technology alliances. Building upon high-profile lea
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

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Premium Chinese Restaurant Chain Launches 'Presidential Jajangmyeon' in Conjunction with South Korean Election: Seoul, South Korea – In a unique culinary initiative coinciding with the upcoming South Korean presidential election on June ...; Hwang Sujin Reporter 2025.04.26

Chungbuk Province Takes Action Against "Drug" Labeling in Food Names: Chungbuk Province is set to curb the prevalent practice of using the term "drug"(mayak) in food names, such as "Mayak tteokbokki" ...; KO YONG-CHUL Reporter 2025.04.26

Seoul Consumers Feel the Pinch as Gimbap Prices Continue to Climb: SEOUL - The price of gimbap, a widely favored and convenient meal for consumers in Seoul, has once again risen, adding to the grow ...; Yim Kwangsoo Correspondent 2025.04.26

K-Beauty Brand 'Droett' Expands Global Presence, Entering Tokyo and Chicago Markets: South Korean beauty brand 'Droett,' renowned for its self-proclaimed title of 'the most hydrating lipstick in the world,' is makin ...; Desk 2025.04.26

K-Beauty's Unprecedented Global Surge: Indie Brands Lead the Charge, Surpassing France in the US Market: SEOUL - Korean beauty (K-Beauty) is experiencing a remarkable surge in the global market, fueled by a confluence of factors includ ...; Kim Sungmoon Reporter 2025.04.26

South Korea's MFDS Intensifies Support for Domestic Cosmetics Industry's Entry into the Global Halal Market: The Ministry of Food and Drug Safety (MFDS) of South Korea, headed by Commissioner Oh Yu-kyoung, has announced a significant push ...; KO YONG-CHUL Reporter 2025.04.26

Global Beauty Brands Struggle in South Korea, Facing Declining Profits and Exits: Global cosmetic brands are facing significant headwinds in South Korea, the home turf of K-beauty. Declining profitability and a s ...; Hwang Sujin Reporter 2025.04.26

Kosolke Wins '2025 Korea Industry Awards' Beauty Grand Prize for Differentiated Technology and Global Market Success: Kosolke Co., Ltd. has been honored with the Beauty Grand Prize at the '2025 Korea Industry Awards', recognizing its distinguished ...; KO YONG-CHUL Reporter 2025.04.26

K-Beauty's Global Popularity Fuels Explosive Growth in Cosmetics Packaging Industry: The global surge in popularity of K-beauty is bringing a wave of prosperity to the cosmetics packaging industry. As K-beauty produ ...; Hwang Sujin Reporter 2025.04.26

K-Beauty Forum Bridges Korean Cosmetic Firms and Russian Industry Amidst Strong Popularity: Moscow, Russia – A K-Beauty Forum 2025 was recently held in Moscow, connecting South Korean cosmetic companies with key play ...; Desk 2025.04.26

Foreign Investors' Continued Sell-Off in KOSPI Raises Questions of Return: Despite some easing of concerns that have weighed on investor sentiment in the South Korean stock market, including earnings, tari ...; KO YONG-CHUL Reporter 2025.04.26

Fake High-Yield Mongolian Bank Bonds Scam Alert Issued by South Korean Financial Watchdog: Seoul, South Korea – South Korean financial authorities have issued a stern warning to investors regarding a sophisticated o ...; KO YONG-CHUL Reporter 2025.04.26

Bank Branch Closures Raise Concerns Over Financial Exclusion in South Korea: The rapid digitalization of finance and the rise of non-face-to-face interactions due to the COVID-19 pandemic have led to a signi ...; Desk 2025.04.26

Revitalization of Incheon-Baengnyeong Ferry Route Gains Momentum with New Vessel Construction Fund: Incheon, South Korea – Plans for a large-scale ferry connecting Incheon and Baengnyeong Island have received a significant b ...; Min Gyu Mi Reporter 2025.04.26

Incheon i-Baedal Pass Connects Hearts to West Sea Islands, but Accessibility to the Mainland Remains a Challenge: Incheon, South Korea - Since January 2025, the implementation of Incheon's i-Baedal Pass has significantly lowered the barrier for ...; Hwang Sujin Reporter 2025.04.26

Japan Pioneers World's First Lightning Prevention Drone System: Tokyo, Japan - Nippon Telegraph and Telephone Corporation (NTT) has announced a groundbreaking achievement in meteorological techn ...; Eugenio Rodolfo Sanabria Reporter 2025.04.26

Retro Roadside Renaissance: Australian Motels Reimagined for a Younger Generation: Across Australia, a nostalgic transformation is underway. The humble roadside motel, once a ubiquitous fixture catering to the bur ...; Desk 2025.04.26

New Zealand's Innovation Landscape Transformed by Digital Advancement, R&D Hits Record High: Wellington, New Zealand – New Zealand's innovation ecosystem is undergoing a significant and rapid transformation, propelled ...; Desk 2025.04.26

Garorim Bay National Marine Ecological Park Aims to Pass Preliminary Feasibility Study: Chungcheongnam-do Province accelerates efforts to designate Garorim Bay as a National Marine Ecological Park and secure government ...; KO YONG-CHUL Reporter 2025.04.25

South Chungcheong Province to Host National Railway IT Center: South Chungcheong Province has announced the establishment of the "National Railway IT Center" (철도 IT운영센터), a facility poised to c ...; KO YONG-CHUL Reporter 2025.04.25