Global Economic Times

2026.09.26 (Sat)
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Gwangju-Jeonnam Semiconductor Complex Set to Break Ground Next Year with Goal of Production by June 2030

The Gwangju-Jeonnam Integrated Special City is set to begin site development next year with the goal of achieving the first mass production at the Gwangju Semiconductor Cluster by June 2030. Out of th
Nostalgic Classic Games Reborn on Steam Win Over Global Gamers with 'Very Positive' Reviews

According to the gaming industry, titles such as The War of Genesis: The Rhapsody of Zephyr Remastered and the early 2000s feature-phone mobile RPG series Zenonia have recently landed on Steam to crit

Diverging Fortunes of Major South Korean Corporations: Seven Firms Record 106 Consecutive Quarters of Operating Profit Amid Slumps in Battery and Petrochemical Sectors

A recent corporate performance analysis has revealed a stark polarization among South Korea’s top-tier enterprises, showcasing a select group of resilient long-term profit champions while others

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Tanzania's Transportation Tug-of-War: SGR's Speed vs. Buses' Flexibility: DAR ES SALAAM – Tanzania's Standard Gauge Railway (SGR) has undeniably revolutionized long-distance travel, offering a moder ...; Hee Chan Kim Reporter 2025.03.08

Jeju Expands Drone Delivery Services to Remote Islands: Jeju Special Self-Governing Province has been selected for the Ministry of Land, Infrastructure, and Transport's '2025 Drone Demon ...; ONLINE TEAM 2025.03.07

GS Caltex Shifts Focus to Eco-Friendly Energy, Investing Heavily in Bio and Hydrogen: Since its inception in 1967, amidst the burgeoning South Korean industrial landscape, GS Caltex has risen to become a national ene ...; Desk 2025.03.07

Thousands Flock to Apply for Incheon's "Thousand-Won Housing" Project: INCHEON, South Korea – Hundreds of newlyweds flocked to Incheon City Hall on March 6th, eager to apply for the city's innova ...; Min Gyu Mi Reporter 2025.03.07

Cheolwon County Accelerates Construction of Park Golf Courses to Meet Residents' Needs: Cheolwon County is expediting the construction of park golf courses, a long-awaited project for its residents. The county recently ...; Desk 2025.03.07

AI's Sensory Revolution: From Drug Detection to Digital Gastronomy: As the era of physical AI dawns, enabling interactions based on real-world spatial data, AI technologies are rapidly incorporating ...; ONLINE TEAM 2025.03.06

U.S. Private Sector Job Growth Halves Expectations Amid Economic Slowdown Concerns: Washington D.C. – U.S. private sector employment saw a significantly lower-than-expected increase in February, raising conce ...; Hannah Yeh Reporter 2025.03.06

South Korea to Introduce Foreign Caregivers and 'Top-Tier Visa' to Address Aging Population and Attract Tech Talent: The South Korean government is set to introduce foreign caregivers and a 'top-tier visa' to tackle the rapidly increasing demand f ...; Desk 2025.03.05

South Korean Mid-Sized Firms Foresee Export Decline Amid Global Economic Slowdown: Nearly four out of ten South Korean mid-sized companies anticipate a decrease in their export performance during the first half of ...; ONLINE TEAM 2025.03.05

Financial Supervisory Service to Intensify Oversight of Insurers' Unsound Business Practices: The Financial Supervisory Service (FSS) announced on the 5th that it will intensify its supervision and inspection of unsound busi ...; ONLINE TEAM 2025.03.05

Taeyoung E&C Secures 76.6 Billion KRW Contract for Cheongju Multipurpose Indoor Gymnasium: Taeyoung E&C has announced its first contract win of the year, securing a 76.6 billion KRW project to construct the Cheongju M ...; Hwang Sujin Reporter 2025.03.05

South Korea Grapples with Escalating Vacant Housing Crisis: 8 Out of 100 Homes Empty: A recent report by the Construction Economy Research Institute of Korea reveals a deepening vacant housing crisis in South Korea. ...; ONLINE TEAM 2025.03.05

Korean Pharmaceutical and Biotech Companies Accelerate Development of Obesity Treatments: The Korean pharmaceutical and biotech industry is accelerating the development of new obesity treatments. Hanmi Pharmaceutical is ...; Eugenio Rodolfo Sanabria Reporter 2025.03.04

Young Adults' Past High Inflation Experiences Drive Increased Real Estate Demand: A recent study by the Bank of Korea (BOK) reveals that young adults' experiences with high inflation have significantly influenced ...; Yim Kwangsoo Correspondent 2025.03.04

Myrrh-Based Microbial Fertilizer 'Carve' Brings Hope to Strawberry Farmers: The Mir Life, the sales corporation for Carve, announced on the 2nd that they have received numerous success stories from farmers ...; Desk 2025.03.03

NAQS Intensifies Crackdown on Misleading Origin Labels in Online Food Market: SEOUL, South Korea – The National Agricultural Products Quality Management Service (NAQS) has launched a rigorous crackdown ...; KO YONG-CHUL Reporter 2025.03.03

Samsung Display to Unveil 'OLED Magic' at MWC 2025: Barcelona, Spain – Samsung Display has announced its plans to showcase a range of cutting-edge OLED technologies at the upco ...; Ana Fernanda Reporter 2025.03.03

Netflix Sees Surge in Korean Content, Positioned as Third Most Prevalent Language: Seoul, South Korea - Korean language content on Netflix has experienced a significant surge, now holding the third-largest share a ...; Hwang Sujin Reporter 2025.03.03

SEOULCon 2024 Attracts 61,000 Visitors, Generates $53.6 Billion in Economic Impact: Seoul, South Korea – The '2024 SEOULCon' influencer fair, held at the Dongdaemun Design Plaza (DDP) in Seoul at the end of l ...; Hwang Sujin Reporter 2025.03.03

South Korean Manufacturers Eye Alternative Power Sources Amid Rising Electricity Costs: SEOUL – A recent survey by the Korea Chamber of Commerce and Industry (KCCI) reveals that nearly 40% of South Korean manufac ...; KO YONG-CHUL Reporter 2025.03.03