Global Economic Times

2026.06.28 (Sun)
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Kia’s Strategic Pivot: Accelerating Electrification Through SDV, PBV, and EREV Innovation

At the 2026 Busan Mobility Show held on June 26, Kia Corporation unveiled a comprehensive future mobility strategy centered on three core pillars: Software-Defined Vehicles (SDV), Purpose-Built Vehicl
Hyundai Motor Prioritizes "Customer Experience" Over Pricing: Aiming for Lifelong Loyalty with the New Avante

BUSAN, South Korea — At the 2026 Busan Mobility Show held at BEXCO on June 26, José Muñoz, President and CEO of Hyundai Motor Company, unveiled a bold vision for the future of the

Incheon Port Authority Overhauls Incentive Program to Boost Cargo Throughput

The Incheon Port Authority (IPA) has announced a significant restructuring of its long-standing incentive program, aiming to reinvigorate cargo traffic and solidify the port’s position as a prem

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Gyeonggi-do Housing Market Freezes Over Since New Year... Concerns Over Prolonged Contraction Due to Possible Early Presidential Election: The Gyeonggi-do housing market has frozen over since the new year. It has been found that the number of private apartments for sal ...; Hwang Sujin Reporter 2025.02.12

Aiden Robotics Selected for Samsung's C-Lab Outside Program: Aiden Robotics, a company specializing in robot sensors, has been selected for Samsung Electronics' startup incubation program, C- ...; ONLINE TEAM 2025.02.12

Incheon International Airport expected to reach capacity in 2033... Urgently need to promote the 5th phase expansion project: It is argued that the '5th phase expansion project' to build the 3rd passenger terminal and the 5th runway should be expedited as ...; Hwang Sujin Reporter 2025.02.12

SMBA Incheon to Invest 174.1 Billion Won in SME Support in 2025: INCHEON – The Incheon Regional Headquarters of the Small and Medium Business Administration (SMBA) announced that it will in ...; Min Gyu Mi Reporter 2025.02.12

Trump's Tariff Threat Rattles Korean Industry: Following President Trump's announcement of a 25% tariff on steel and aluminum products, the possibility of additional tariffs on ...; Desk 2025.02.12

Tesla's Bold Bet in China: A New Megafactory Amidst Trade Tensions: Tesla has officially launched its first overseas Megafactory in Shanghai, China, marking a significant milestone in the company's ...; Sharon Yoon Correspondent 2025.02.12

Spacebay, a Korean satellite separation system and launch service provider, has partnered with German launch service provider Exolaunch to enter the small satellite commercial launch service market.: Spacebay, founded in 2017 by a researcher from the KAIST Artificial Satellite Research Institute, is the only company in Korea tha ...; KO YONG-CHUL Reporter 2025.02.11

Wemade Launches 'Golf Super Crew' Globally: Wemade has announced the global launch of its new mobile golf game, 'Golf Super Crew'. Developed by Two Hands Games, a studio comp ...; Desk 2025.02.11

GICON Secures Additional Funding for ICT Innovation Square Project: Gwangju, South Korea – The Gwangju Information & Culture Industry Promotion Agency (GICON) announced on November 11th th ...; Desk 2025.02.11

Kidney Disease Drug Finerenone Shows Promise in Reducing Diabetes Risk: A recent study has shown that the kidney disease drug finerenone (Kerendia) may also be effective in reducing the risk of developi ...; Hwang Sujin Reporter 2025.02.11

South Korea Boosts Nuclear Power Investment Amid Growing Global Demand: SEOUL – South Korea is significantly increasing its investment in the nuclear power industry, earmarking 150 billion won ($1 ...; Yim Kwangsoo Correspondent 2025.02.11

South Korea to Expand Agricultural Aid to 50 Nations by 2029: SEOUL – South Korea has announced a significant expansion of its official development assistance (ODA) program in the agricu ...; Eugenio Rodolfo Sanabria Reporter 2025.02.11

POSCO's High Manganese Steel: A Game Changer for LNG and Beyond: Seoul, South Korea – POSCO, the leading South Korean steelmaker, has announced significant progress with its independently d ...; KO YONG-CHUL Reporter 2025.02.11

BYD's Entry into Korean EV Market Sparks Data Leak Concerns: SEOUL – The recent arrival of Chinese electric vehicle (EV) maker BYD in the South Korean passenger car market has ignited c ...; KO YONG-CHUL Reporter 2025.02.11

Jeju Agricultural Technology Center to Supply 7 Tons of Hydroponic Seed Potatoes for Spring Crops in 2025: Jeju Agricultural Technology Center (Director Koh Sang-hwan) announced on the 10th that it will supply 7 tons of hydroponic seed p ...; Yim Kwangsoo Correspondent 2025.02.10

Hyundai Launches Casper Electric Cross with Off-Road Design: SEOUL – Hyundai Motor Company unveiled the Casper Electric Cross on February 10th, a new model of its popular Casper Electri ...; KO YONG-CHUL Reporter 2025.02.10

LG Energy Solution to Operate Korea's Largest Offshore Wind Farm: SEOUL – LG Energy Solution has been selected as the operator of the renewable energy bidding service for the Jeju Hallim Off ...; ONLINE TEAM 2025.02.10

EyesVision and Playzy Partner to Launch Customized Plan for Kids Watch Phones: EyesVision announced on the 10th that it has launched a customized plan for kids watch phone users, the "Playzy Exclusive Plan," i ...; Desk 2025.02.10

Korean Battery Trio Pin Hopes on North America After Q4 Slump: The Korean battery industry is facing a crisis as the nation's three major players, LG Energy Solution, Samsung SDI, and SK On, al ...; Eunsil Ju Reporter 2025.02.10

The average sale price of apartments nationwide has fallen to its lowest level in 22 months, but industry officials say it is a temporary phenomenon.: According to data from Real Estate R114, the average sale price of apartments nationwide in January was 16.28 million won per 3.3㎡ ...; ONLINE TEAM 2025.02.10