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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Polestar 4 Tops Import EV Sales in January, Overtaking Tesla Model Y: Swedish premium electric vehicle brand Polestar's Polestar 4 topped import EV sales in January, surpassing Tesla. According to the ...; Graciela Maria Reporter 2025.02.23

Korean Researchers Develop AI Model That Can Control Lighting Effects in Photos and Videos With Text Input: A research team at the Ulsan Institute of Science and Technology (UNIST) in South Korea has developed an artificial intelligence ( ...; Hwang Sujin Reporter 2025.02.23

Ulsan City to Trademark Tap Water 'Goraesu' and Build Bottling Facility: Ulsan City is moving forward with plans to trademark its tap water as 'Goraesu' and establish a facility to bottle it. The 'Gorae ...; Hwang Sujin Reporter 2025.02.22

LG Display Achieves Record OLED Sales Proportion, Eyeing Profitability in 2025: SEOUL – LG Display, a leading innovator in display technology, announced on February 22nd that its organic light-emitting di ...; Global Economic Times Reporter 2025.02.22

Trump's 25% Tariff Threat Puts South Korean Auto Industry on Edge: Seoul - The South Korean auto industry is on high alert after former US President Donald Trump mentioned a 25% tariff on imported ...; Yim Kwangsoo Correspondent 2025.02.21

Samsung Electronics Employees' Average Annual Salary Estimated to Be Around ₩128 Million: Seoul, South Korea – According to a recent analysis by the corporate analysis firm Korea CXO Institute, the average annual s ...; KO YONG-CHUL Reporter 2025.02.21

Renault Korea's Grand Koleos Named '2025 SUV of the Year': Renault Korea announced on the 21st that its mid-sized SUV, the Grand Koleos, was named '2025 SUV of the Year' at the '2025 Korea ...; Desk 2025.02.21

KG Mobility Unveils Hybrid Technology for Upcoming Torres SUV: SEOUL – KG Mobility (KGM) has released details about the hybrid technology that will power its upcoming Torres SUV. The comp ...; Yim Kwangsoo Correspondent 2025.02.21

Volvo to Unveil ES90, its Next-Generation Electric Flagship Sedan, on March 5: Volvo Cars has revealed key technological details of its highly anticipated next-generation electric flagship sedan, the Volvo ES9 ...; Yim Kwangsoo Correspondent 2025.02.21

Mercedes-Benz Korea Unveils the All-New Mercedes-AMG SL 43 Roadster: SEOUL – Mercedes-Benz Korea has officially launched the latest addition to its lineup of luxury roadsters, the Mercedes-AMG ...; KO YONG-CHUL Reporter 2025.02.21

Daejeon City Accelerates Implementation of Space and Aviation Regulatory Free Zone Demonstration: Daejeon City held a Regulatory Free Zone Demonstration Item Deliberation Committee on the 14th to establish a specific demonstrati ...; HONG MOON HWA Senior Reporter 2025.02.21

Chungcheongnam-do to Establish Drone Park in Nonsan: Nonsan, South Korea – Chungcheongnam-do province has announced plans to establish a drone park in Nonsan to boost the local ...; HONG MOON HWA Senior Reporter 2025.02.21

Gyeongin Expressway Underground Project to Boost Real Estate Market in Incheon and Seoul: The recent approval of the preliminary feasibility study for the Gyeongin Expressway underground project is expected to bring posi ...; Min Gyu Mi Reporter 2025.02.21

Panamanian Construction Sector Seeks Extension of Preferential Interest Law: PANAMA CITY – The Panamanian Chamber of Construction (Capac) recently convened a meeting with housing promoters and develope ...; Ana Fernanda Reporter 2025.02.21

Vietnam Boosts Legal Support for SMEs in 2025: HANOI — The Ministry of Industry and Trade (MoIT) has unveiled a support plan for small and medium-sized enterprises (SMEs) ...; Ana Fernanda Reporter 2025.02.21

HMM Emerges as Frontrunner in SK Shipping's Partial Asset Acquisition: Seoul, South Korea – HMM Co., Ltd. [011200] has been identified as the preferred bidder for the acquisition of select busine ...; Desk 2025.02.20

Despite Economic Slowdown, Ad Agencies Affiliated with Major Conglomerates Enjoy Record Profits: SEOUL – Major advertising agencies affiliated with South Korea's largest conglomerates, such as Samsung and Hyundai, have an ...; Desk 2025.02.20

Cotton Prices Plummet, Impact on the Apparel Industry?: Cotton prices are plummeting due to increased production in major cotton producing areas around the world and decreased demand for ...; Ana Fernanda Reporter 2025.02.19

China's Halt on Lithium Adsorbent Exports: A New Chess Move in the Global Lithium Race: In a move that sent ripples throughout the global lithium industry, China has reportedly halted exports of lithium adsorbents, key ...; Ana Fernanda Reporter 2025.02.19

South Korea's Government to Tackle Housing Market Slump with Unsold Apartment Purchases: SEOUL – In a bid to revitalize the country's struggling construction sector, South Korea's government is considering a plan ...; Desk 2025.02.19