Global Economic Times

2025.10.25 (Sat)
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Kia Inaugurates New CKD Plant in Kazakhstan, Accelerating Global Supply Chain Diversification

Kostanay, Kazakhstan — Kia Corporation officially opened its second Complete Knock-Down (CKD) joint assembly plant in Kostanay, Kazakhstan, on October 21, 2025, marking a significant step in div
Gmarket Challenges E-Commerce Leaders Coupang and Naver with 700 Billion Won Investment and Alibaba Synergy

Gmarket, now a subsidiary of the joint venture (JV) between Shinsegae Group and Alibaba Group, has unveiled an ambitious plan to inject 700 billion won (approximately $492 million) into its operations

Kering Sells Beauty Division to L'Oréal for €4 Billion Amid Gucci Slump

Paris – French luxury conglomerate Kering, owner of major brands including Gucci, Bottega Veneta, and Balenciaga, has announced the sale of its beauty business to French cosmetics giant L'Or

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Apple Stock Surges on iPhone 17's Surprise Success, Nearing Record High: Apple's stock is soaring, propelled by the unexpected sales success of its new iPhone 17 series, with shares now approaching an al ...; Ana Fernanda Reporter 2025.09.24

Paraquayan Law for SMEs: Growth and Challenges: ASUNCIÓN, PARAGUAY – A new law for small and medium-sized enterprises (SMEs) in Paraguay is raising expectations amon ...; Hwang Sujin Reporter 2025.09.23

Paraguay's Labor Cost Spending in 2025: Fiscal Pressure Intensifies: Paraguay's public sector labor cost spending is experiencing an uncontrollable increase, placing a significant burden on the natio ...; Desk 2025.09.23

Conatel: "5G Bidding Will Prevent Rate Hikes": A new Paraguayan policy aimed at preventing telecommunication rate increases and improving citizens' access to technology through ...; Yim Kwangsoo Correspondent 2025.09.23

Argentina Opens the Door to the Satellite Internet Era with Starlink: In Argentina's internet communications market, satellite broadband is showing rapid growth and establishing a new trend. In contra ...; Yim Kwangsoo Correspondent 2025.09.23

South Korean Company Hyosung Heavy Industries Secures Landmark Deal for U.S. Power Grid: MEMPHIS, TN - In a historic first for a South Korean firm, Hyosung Heavy Industries has secured a major contract to supply a full ...; Eugenio Rodolfo Sanabria Reporter 2025.09.19

TTC AgriS and BADP Korea Sign Strategic MOU in Ho Chi Minh City on the 15th: AgriS, a leading Vietnamese agricultural company that cultivates a massive 72,000 hectares of farmland, has partnered with BADP Ko ...; KO YONG-CHUL Reporter 2025.09.18

"Daejeon Successfully Hosts '2025 Startup Korea Investment Week,' Leaping Toward Becoming a Global Startup Hub": The "2025 Startup Korea Investment Week," jointly hosted by Daejeon City and the Ministry of SMEs and Startups, successfully kicke ...; HONG MOON HWA Senior Reporter 2025.09.16

Korean Air Launches 'Incheon Airport Preview' Service on Mobile App: Korean Air has launched a new 'Incheon Airport Preview' service on its mobile app to enhance the convenience of passengers using I ...; Desk 2025.09.15

1st Philippine Tourism Awards Honors Industry Pioneers and Institutions: Manila – The Department of Tourism (DOT) hosted the first Philippine Tourism Awards on September 8 to honor individuals and ...; Global Economic Times Reporter 2025.09.15

DOT Refutes Report on Philippines Having Lowest Tourism ROI: The Department of Tourism (DOT) has strongly refuted a recent report that labeled the Philippines as having the "lowest return on ...; Pedro Espinola Special Correspondent 2025.09.15

False Bulk Order Scam Alert: New Scam Impersonating Soldiers, Serial Victims Among Small Business Owners: Small business owners in Singapore are suffering significant losses from a new type of scam where individuals impersonating soldie ...; Eugenio Rodolfo Sanabria Reporter 2025.09.15

World-OKTA Expands Its Global Reach with Three New Chapters in Central and South America: The World Federation of Overseas Korean Traders Association, known as World-OKTA, has further solidified its global presence by es ...; KO YONG-CHUL Reporter 2025.09.14

The Soaring Cost of Farm Produce: The Shocking Truth of Distribution: The high price of agricultural products in Korea is largely due to the rising costs of distribution, which now account for nearly ...; Desk 2025.09.14

KT to Sell All Owned Robots, Pivots to Platform-Centric Business: South Korean telecommunications giant KT is selling its entire inventory of robots, a strategic move aimed at restructuring its bu ...; Min Gyu Mi Reporter 2025.09.13

A Sweet Tour of Mokpo: From Historic Bakeries to Modern Delights: Mokpo, a city known for its beautiful coastline and rich history, has also become a pilgrimage site for dessert lovers. The city&r ...; Kim Sungmoon Reporter 2025.09.13

BLACKPINK's Jennie Teams Up with Stanley for a Highly Anticipated Tumbler Collaboration: Global icon Jennie of BLACKPINK is collaborating with Stanley, the popular tumbler brand, to release an exclusive new product. Sta ...; Hwang Sujin Reporter 2025.09.13

Paraguay abre el camino para la exportación de carne de res, cerdo y aves a Filipinas.: Paraguay ha logrado ingresar al mercado filipino de carne, estableciendo un importante punto de apoyo para la expansión en ...; Yim Kwangsoo Correspondent 2025.09.12

Driver-Led Protests Demand Labor Rights in Anticipation of Transportation Reform Bill: On September 8, public transit drivers announced they will protest in front of the legislature to demand secure working conditions ...; Yim Kwangsoo Correspondent 2025.09.10

Paraguay Hosts Largest-Ever Business Week, Aiming to Accelerate Economic Growth: The inaugural Paraguay Business Week, the largest business event in the country's history, was successfully held from September 8 ...; KO YONG-CHUL Reporter 2025.09.10

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