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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Vietnam's Electronics Industry Booms in 2024: Vietnam's electronics industry experienced a remarkable surge in 2024, with exports reaching a staggering $126.5 billion. This imp ...; Global Economic Times Reporter 2025.01.26

South Jeolla Province to Build Major Space Launch Complex: Goheung, South Korea – South Jeolla Province announced on January 25 that it will begin construction of a major space launch ...; Global Economic Times Reporter 2025.01.26

Chinese Shipbuilders Overtake South Korea Amidst Global Shipbuilding Boom: Seoul, South Korea – A recent report from Clarksons Research has revealed a significant shift in the global shipbuilding la ...; JEONG CHAN MYEONG Senior Reporter 2025.01.26

Seoul's Luxury Apartment Market Soars as Prices Hit Record Highs: Seoul, South Korea – The South Korean capital's luxury apartment market has experienced a dramatic surge, with over half of ...; Hwang Sujin Reporter 2025.01.26

Korean Air Introduces New Airbus A350-900 Aircraft: Seoul, South Korea – Korean Air announced today that it will be introducing its first two Airbus A350-900 aircraft into serv ...; Global Economic Times Reporter 2025.01.26

Peruvian Anchovy Fishing Season Exceeds Expectations, Boosting Exports: Lima, Peru – January 23, 2025 – Peru’s second anchovy fishing season has concluded with record-breaking results, ...; Eugenio Rodolfo Sanabria Reporter 2025.01.25

Salvadoran Brewery Invests $60 Million, Citing Government's Pro-Business Reforms: San Salvador, El Salvador – Cervecería Salvadoreña, one of the country's leading breweries, is set to invest $ ...; Pedro Espinola Special Correspondent 2025.01.25

El Salvador's EDP Power Plant Delivers Significant Savings and Environmental Benefits: San Salvador, El Salvador – Energía del Pacífico (EDP), a privately-owned liquefied natural gas (LNG) power ge ...; Pedro Espinola Special Correspondent 2025.01.25

Genesis Unveils Revolutionary GV60 Concept for Extreme Conditions: Davos, Switzerland – Genesis, Hyundai Motor Group’s luxury brand, has unveiled its latest concept vehicle, the GV60 Mo ...; Eugenio Rodolfo Sanabria Reporter 2025.01.25

South Korea Sees Uptick in Population Migration Amid Housing Market Boom: Seoul, South Korea – South Korea experienced a resurgence in population migration last year, driven by an increase in home s ...; Desk 2025.01.25

Chinese EV Makers Sue EU Over High Tariffs: Three of China's leading electric vehicle (EV) manufacturers, BYD, Geely, and SAIC Motor, have filed a lawsuit against the Europea ...; Eugenio Rodolfo Sanabria Reporter 2025.01.24

Soaring Rent in Seoul Amid Housing Shortage and Fraud Scandals: Seoul, South Korea – Rent prices for apartments, villas, and officetels in Seoul have been steadily climbing due to a combin ...; ONLINE TEAM 2025.01.22

El Salvador to Build Five Skyscrapers in 2025: San Salvador - El Salvador is set to embark on an ambitious construction project, with five new skyscrapers over 35 stories slated ...; Graciela Maria Reporter 2025.01.22

South Korean Drone Startups Soar Towards IPO: Several South Korean drone startups are poised to take flight on the public market, as they gear up for Initial Public Offerings ( ...; KO YONG-CHUL Reporter 2025.01.20

South Korea to Expand Mid-Sized Urban Living Housing to Accommodate Growing Families: Seoul, South Korea – South Korea's Ministry of Land, Infrastructure, and Transport announced on January 20 that it will rela ...; KO YONG-CHUL Reporter 2025.01.20

GoYoung's Stock Jumps on US FDA Approval for Medical Robot: Seoul, South Korea – GoYoung, a leading South Korean semiconductor inspection equipment manufacturer, saw its stock price sk ...; Global Economic Times Reporter 2025.01.20

Daejeon City Launches Film Industry Promotion Committee to Foster Growth: Daejeon, South Korea – Daejeon City has taken a significant step towards becoming a leading hub for the film industry. On [D ...; HONG MOON HWA Senior Reporter 2025.01.17

Panama Takes Major Step Towards David-Panama Train: Panama City - In a landmark development for the nation, the Panamanian government has signed a contract with AECOM USA for the dev ...; Global Economic Times Reporter 2025.01.17

South Korea Unveils Comprehensive Plan to Strengthen Competitiveness of Electric Vehicles and Secondary Batteries: The South Korean government has announced a comprehensive plan to bolster the competitiveness of the electric vehicle and secondar ...; Desk 2025.01.16

BYD Challenges Korean EV Market with Aggressive Pricing: Incheon, South Korea – BYD, the world's largest electric vehicle (EV) manufacturer, is making a bold move into the competiti ...; Eugenio Rodolfo Sanabria Reporter 2025.01.16