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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Incheon Port Achieves All-Time High in Used Car Exports in the First Quarter: Incheon Port, South Korea's largest used car export hub, has broken its all-time high export record in the first quarter of this y ...; Desk 2025.04.27

Incheon Airport Anticipates Record Passenger Numbers, Urgency Grows for Expansion: Incheon International Airport is bracing for an unprecedented surge in passenger traffic this year, according to a recent analysis ...; Hwang Sujin Reporter 2025.04.27

Seoul's Savory Pancakes: A Deep Dive into the City's Top Bindaetteok Spots: Seoul, a city renowned for its vibrant culinary scene, boasts a plethora of dishes that tantalize the taste buds. Among these, bin ...; Hwang Sujin Reporter 2025.04.26

Shinan-gun Hosts the 3rd World Kimbap Festa, Showcasing Unique Local Flavors: Shinan-gun, Jeollanam-do Province, South Korea, is set to host the highly anticipated '3rd World Kimbap Festa' for two days, start ...; Yim Kwangsoo Correspondent 2025.04.26

K-Beauty Supply Chain Thrives as Export Records Shatter: South Korea's K-beauty industry is riding a wave of unprecedented export success, generating significant tailwinds for companies a ...; Desk 2025.04.26

Korean Ferry Operator Acquires Troubled Queen Beetle Amidst Japan-South Korea Route Uncertainty: Busan, South Korea – The high-speed ferry Queen Beetle, plagued by a significant hull leakage incident last year that ultima ...; Hee Chan Kim Reporter 2025.04.26

Jeonnam's Revolutionary "One-Dollar Ferry" Bridges the Gap for Island Communities, Surpasses 5.5 Million Users: Mokpo, Jeonnam Province – A groundbreaking initiative launched by Jeonnam Province in 2021, the "One-Dollar Ferry" program, ...; Yim Kwangsoo Correspondent 2025.04.26

Environmental Journalists Worldwide Face Escalating Threats and Violence: Reporters Without Borders Urges Protection Ahead of COP30: On April 22nd, marking Earth Day, Reporters Without Borders (RSF) issued a stark warning about the perilous conditions faced by jo ...; Greace Nunez Correspondent 2025.04.26

Coalition's Proposed Review of Temporary Graduate Visa Sparks Concerns in International Education Sector: The Australian Coalition has announced its intention to review the Temporary Graduate Visa (subclass 485) if elected, citing conce ...; Eugenio Rodolfo Sanabria Reporter 2025.04.26

Chungnam FTA Trade Promotion Center Supports Local Businesses Amidst Shifting Global Trade Landscape: Cheonan, South Korea – The Chungnam FTA Trade Promotion Center announced on April 25th that it successfully held its ‘ ...; Hwang Sujin Reporter 2025.04.25

NongHyup Accelerates K-Food Export to the U.S. Through Strategic Partnerships with Major Distributors: NongHyup (National Agricultural Cooperative Federation) has recently intensified its efforts to bolster the competitiveness of Kor ...; HONG MOON HWA Senior Reporter 2025.04.25

K-Railways Make Foray into Global Operations Market with Landmark Philippines MRT-7 Deal: A new era has dawned for South Korea's railway technology as its operational expertise gains international recognition. On April 2 ...; Yim Kwangsoo Correspondent 2025.04.25

Jinju Invests ₩9.8 Billion to Cement Leadership in South Korea's Fresh Produce Exports: JINJU, South Korea – Jinju City, a consistent frontrunner in South Korea's fresh agricultural product exports, has announced ...; HONG MOON HWA Senior Reporter 2025.04.25

Incheon Trade Delegation Achieves $3 Million in Export Consultations in Qingdao: An "Incheon Consumer Goods Trade Delegation" dispatched to Qingdao, China, has reportedly achieved significant export consultation ...; Min Gyu Mi Reporter 2025.04.25

Seocheon and Yesan to Integrate Tourism Transportation Booking via Mobile Apps: South Chungcheong Province has announced that Seocheon County and Yesan County have been selected for the Korea Tourism Organizati ...; HONG MOON HWA Senior Reporter 2025.04.25

Chungcheongnam-do Province Bolsters Support for Small Businesses in Coal Plant Closure Zones: Chungcheongnam-do, South Korea – Chungcheongnam-do Province convened its "Just Transition Fund Deliberation Committee" on Ap ...; HONG MOON HWA Senior Reporter 2025.04.25

Chungnam Province Earmarks 100 Billion Won to Aid Export Firms Hit by US Tariffs: Chungnam Province is proactively addressing the fallout from the burgeoning "tariff storm" originating from the United States by a ...; HONG MOON HWA Senior Reporter 2025.04.25

Chungnam Province Unites for the Success of the Naepo Bio-Life Cluster: Chungnam Province convened a progress report meeting on the 23rd at the Provincial Office to ensure the successful advancement of ...; KO YONG-CHUL Reporter 2025.04.25

Chungnam Information & Culture Industry Promotion Agency Achieves $28.7 Million Export Agreement at 23rd World Korean Business Convention: The Chungnam Information & Culture Industry Promotion Agency (CICA), led by Director Kim Gok-mi, announced on April 23rd a sig ...; KO YONG-CHUL Reporter 2025.04.25

Cheonan Launches 'Display Innovation Process Center' to Lead Next-Generation Display Industry: Cheonan City announced on April 23rd the grand opening of the 'Display Innovation Process Center' within the Chungnam Technopark, ...; HONG MOON HWA Senior Reporter 2025.04.25