Global Economic Times

2025.12.17 (Wed)
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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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Yuhan-Kimberly Unveils Eco-Conscious 'Pure Baby' Bottle, Setting New Standards for Sustainable Baby Care: SEOUL, South Korea – Yuhan-Kimberly, a leading consumer goods company, has launched its groundbreaking 'Pure Baby' bottle un ...; Hwang Sujin Reporter 2025.03.01

U.S. Congress Votes to Repeal Methane Fee on Oil and Gas Producers: The U.S. Congress voted on Thursday to repeal a federal fee on oil and gas producers who release high levels of methane, undoing a ...; Eunsil Ju Reporter 2025.02.28

El Salvador Launches National Dairy Brand to Boost Local Economy: San Salvador, El Salvador – The Salvadoran government, in a collaborative effort with the private sector, has unveiled "L&aa ...; Eugenio Rodolfo Sanabria Reporter 2025.02.28

Zueitina Oil Revives Al-Sabah Field After Decade-Long Hiatus, Boosting Libyan Production: Tripoli, Libya – Zueitina Oil Company has successfully restarted operations at the Al-Sabah oil field, marking a significant ...; Ana Fernanda Reporter 2025.02.28

Kia and Samsung Electronics Partner to Integrate SmartThings Pro into PBVs: Following Hyundai Motor Company, Kia is also strengthening its collaboration with Samsung Electronics. Kia announced on February 2 ...; Hwang Sujin Reporter 2025.02.28

Korean Pharmaceutical and Biotech Companies Accelerate Expansion of Production Facilities to Secure Global Competitiveness: Seoul, South Korea – Korean pharmaceutical and biotech companies are fiercely competing to expand their production facilitie ...; Hwang Sujin Reporter 2025.02.27

Kia and Samsung Electronics Partner to Revolutionize Business Mobility with AI-Powered PBV: Tarragona, Spain – Kia Corporation and Samsung Electronics have announced a strategic partnership to integrate Samsung&rsquo ...; Desk 2025.02.27

Kenya Coffee Farmers Earn Sh.1.8 Billion in Auction Despite Volume and Price Dip: Nairobi, Kenya – The Nairobi Coffee Exchange (NCE) auction generated Sh.1.8 billion for Kenyan coffee farmers and estates, d ...; Hee Chan Kim Reporter 2025.02.27

Philippines Bolsters Gaming Industry Amidst Rising Regional Competition: MANILA – The Philippine Amusement and Gaming Corp. (PAGCOR) is implementing stricter regulations and accelerating its privat ...; Eugenio Rodolfo Sanabria Reporter 2025.02.27

Philippines Accelerates Renewable Energy and Industrial Growth with Major Investments: MANILA – The Philippines is making significant strides in bolstering its renewable energy sector and industrial landscape, a ...; Eugenio Rodolfo Sanabria Reporter 2025.02.27

Seogwipo City Begins Accepting Applications for Farmer's Allowance Support Project to Stabilize Farm Management and Revitalize the Local Economy: Seogwipo City has announced that it will begin accepting applications for the 'Farmer's Allowance Support Project' from March 4th ...; KO YONG-CHUL Reporter 2025.02.27

KIGAM Develops Cost-Effective and Efficient Lithium Extraction Technology from Brine: A research team led by Dr. Park In-soo at the Korea Institute of Geoscience and Mineral Resources (KIGAM) has developed a novel te ...; HONG MOON HWA Senior Reporter 2025.02.27

Renault Korea to Increase Production of the New Renault Grand Coleos Due to High Popularity: Renault Korea's new Renault Grand Coleos has been making waves in the mid-sized SUV segment, selling an average of 6,000 units per ...; KO YONG-CHUL Reporter 2025.02.26

Yuanta Securities Issues 'Buy' Rating for Shift Up, Citing Strong Growth Potential in China and Beyond: Yuanta Securities has issued a 'buy' rating for Shift Up, a South Korean game developer, with a target price of 90,000 won. This r ...; ONLINE TEAM 2025.02.26

Hyundai Motor Group and Samsung SDI Join Forces to Develop High-Performance Batteries for Robots: Hyundai Motor Group and Samsung SDI have announced a partnership to jointly develop high-performance batteries for robots. The col ...; Desk 2025.02.26

Ulsan Businesses Discuss Participation in Post-War Reconstruction of Ukraine: The Ulsan Chamber of Commerce and Industry announced on February 25th that it had discussed ways for Ulsan-based companies to part ...; LEE YEON SIL Reporter 2025.02.25

Codelco and Anglo American Forge Mega-Alliance to Boost Copper Production: Santiago, Chile – In a landmark move for the Chilean mining industry, state-owned copper giant Codelco and global mining pow ...; Global Economic Times Reporter 2025.02.25

LG Display Pioneers Mass Production of 40-Inch Automotive Displays for Sony Honda Mobility's 'Afeela': SEOUL – LG Display announced on February 24th that it has become the first in the industry to mass produce 40-inch automotiv ...; Yim Kwangsoo Correspondent 2025.02.24

Hyundai E&C Wins Gold at Asia Design Prize for Innovative Housing Model: Seoul, South Korea – Hyundai Engineering & Construction (E&C) has been awarded the Gold Winner in the Space & Ar ...; Desk 2025.02.24

The US battery industry is facing a new turning point through the expansion of large-scale production facilities.: InsideEVs, an electric vehicle media outlet, reported on the 23rd (local time) that 10 new battery plants in the US are scheduled ...; Ana Fernanda Reporter 2025.02.24