Global Economic Times

2025.10.26 (Sun)
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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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Ansan City to Revitalize Local Economy by Discovering "Unique Restaurants": Ansan City has begun accepting recommendations for hidden local restaurants until June 10th. The "Ansan's Best Restaurants" select ...; Hwang Sujin Reporter 2025.05.31

Suwon City Recruits Participants for '2025 Suwon Business IR Day Suwon PANN' 5th Cohort, Accelerating the Nurturing of Innovation-Based Startups: Suwon Special City – Suwon Special City announced on the 29th that it is recruiting companies to participate in the 5th coho ...; Kim Sungmoon Reporter 2025.05.31

Papasa Celebrates 50th Anniversary, Reaches New Heights as 'Adium': Pioneer of Paraguay's Pharmaceutical Industry Leads Latin American Market with Innovation and Integration: Asunción, Paraguay – May 29, 2025, Papasa, a long-standing pharmaceutical company in Paraguay, officially announced i ...; Ana Fernanda Reporter 2025.05.30

Unilever Professional Leads Paraguayan Gastronomic Industry with Institutional Hygiene Solutions: Unilever Professional, the specialized business unit of global company Unilever, is making a significant impact on the Paraguayan ...; Yim Kwangsoo Correspondent 2025.05.30

Daejeon City Signs Agreements with 22 Defense Venture Companies: Daejeon City and the Daejeon Defense Venture Center held an agreement signing ceremony on May 27 at the Daejeon Technopark Eoullim ...; KO YONG-CHUL Reporter 2025.05.30

Summer Season Customized Public Safety Measures Promoted by South Chungcheong Provincial Autonomous Police Committee: First, the meeting discussed crime prevention measures in preparation for the increase in visitors to West Coast beaches during th ...; Global Economic Times Reporter 2025.05.30

"Supporting Shared Growth for Korean and Indonesian Businesses": Chungnam Province Governor Kim Tae-heum, on his first official schedule during his trip to Indonesia, met with businesspeople and ...; KO YONG-CHUL Reporter 2025.05.30

Chungnam Province Strengthens Environmental Cooperation with Chinese Local Governments, Leading International Collaboration in the Carbon Neutral Era: Chungcheongnam-do (Chungnam Province) is significantly strengthening its environmental cooperation with China's Shandong and Jiang ...; HONG MOON HWA Senior Reporter 2025.05.30

'Delicious Trip, Cheonan' Restaurant Map Expected to Drive Local Economic Revitalization: Cheonan City is boosting expectations for local economic revitalization by producing and distributing the 'Delicious Trip, Cheonan ...; KO YONG-CHUL Reporter 2025.05.30

MercadoLibre (MELI) Reports Strong Q1 Performance, Driven by Robust Revenue Growth in Argentina: MercadoLibre (MELI), the Latin American e-commerce and fintech giant, announced strong first-quarter results for 2025, buoyed by s ...; Yim Kwangsoo Correspondent 2025.05.29

Travel Industry Eyes Central Asia as 'New Blue Ocean,' Driven by Direct Flights and Unique Experiences: This year, Central Asia has rapidly emerged as a new dark horse in the travel industry. This is due to the aggressive expansion of ...; Ana Fernanda Reporter 2025.05.29

Chungnam Provincial University's Hotel Culinary and Baking Department Achieves 'Most Awards' at International Culinary Competition: Chungnam Provincial University's Hotel Culinary and Baking Department has once again proven its standing as a prestigious departme ...; HONG MOON HWA Senior Reporter 2025.05.28

Ideal Systems Acquires Singaporean Pro Audio Company Control Logic Systems: Singapore – Ideal Systems, a leading AV and broadcast systems integrator in Asia, has acquired Control Logic Systems (CLS), ...; Desk 2025.05.28

Cebu Pacific Wet Leases Two Aircraft to Saudi flyadeal During Off-Peak Season: Seoul, Republic of Korea – Philippine low-cost carrier Cebu Pacific (PSE: CEB) announced on the 28th that it will wet lease ...; Desk 2025.05.28

Philippines-India: Direct Flights and Visa Easing Expected to Boost Tourism: Manila, Philippines – The Philippines and India are on the cusp of a groundbreaking advancement in tourism and aviation, tha ...; Graciela Maria Reporter 2025.05.28

Dave & Buster's Breaks Ground on First Philippines Location; Accelerates Global Expansion: Dave & Buster's, the leading American 'Eatertainment' brand, has broken ground on its first location in Manila, Philippines. T ...; Desk 2025.05.28

Paraguay Accelerates Beef Exports to Japan: Can it Overcome the Strict Japanese Market Threshold?: Asuncion, Paraguay – Paraguay is fast-tracking its preparations to enter the notoriously strict Japanese beef market. Julio ...; Hwang Sujin Reporter 2025.05.28

Japanese Food Giants Eye Investment in Paraguay, Securing a Bridgehead into the South American Market: Tokyo, Japan – Representatives from House Foods Group and Vox Trading, leading companies in Japan's food industry, recently ...; Hwang Sujin Reporter 2025.05.28

BYD Enters Argentina, Latin America's Last Electrification Frontier!: Buenos Aires, Argentina – After years of stagnation with an electric vehicle (EV) market share hovering around 0.1%, a wind ...; Hwang Sujin Reporter 2025.05.28

Chicago Mercantile Exchange Soybean Prices Rise: Impact of Excessive Humidity in Argentina and the U.S. Midwest: Between May 16th and 22nd, soybean futures prices on the Chicago Board of Trade (CBOT) saw an upward trend. Soybean prices rose by ...; Graciela Maria Reporter 2025.05.28