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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Philippines Securities and Exchange Commission Strengthens Regulation of Cryptocurrency Service Providers: Expectations for Market Stabilization and Investor Protection: The Philippines Securities and Exchange Commission (SEC) has embarked on full-scale regulation of its rapidly growing digital asse ...; Kim Sungmoon Reporter 2025.04.17

Philippines Sells 440,000 Motorcycles in Three Months, Surpassing Total US Market Sales: In the United States, motorcycles strongly symbolize freedom, rebellion, and leisurely weekend rides. However, looking at Southeas ...; Kim Sungmoon Reporter 2025.04.17

Uruguay and Paraguay 'Mixed Expectations' for Argentina's Easing of Currency Controls: As the Argentine government announced a significant easing of restrictions on exchanging its peso for US dollars, neighboring Urug ...; Pedro Espinola Special Correspondent 2025.04.17

The Aftermath of the Tabesa Sanctions: A Dark Shadow Over Paraguay's Finances: Analyses suggest that the sanctions imposed by the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) on Paraguaya ...; Ana Fernanda Reporter 2025.04.17

Newsom, California Governor, Draws 'Sword' Against Trump's Tariff Policy... A Prelude to the 2028 Presidential Election?: Gavin Newsom, the California governor considered a potential next-generation presidential candidate for the U.S. Democratic Party, ...; KO YONG-CHUL Reporter 2025.04.17

Los Angeles, Delivery Robots Become Part of Daily Life… Emerging as a Leader in Urban Logistics Innovation: In Los Angeles (LA), a major city in the western United States, delivery robots are deeply permeating the daily lives of citizens, ...; Eunsil Ju Reporter 2025.04.17

Nongshim Partners with Dessert Powerhouse 'Knotted' to Target the US Market… Launches 'Banana Kick Cream Donut': South Korea's leading snack brand Nongshim is set to target the US market through an unusual collaboration with the popular domest ...; Eunsil Ju Reporter 2025.04.17

Daejeon Inaugurates Korea SMC's Second Plant, Bolstering its Stature as a Business-Friendly Metropolis: Daejeon, South Korea – The city of Daejeon has further solidified its reputation as an attractive hub for business and inves ...; HONG MOON HWA Senior Reporter 2025.04.17

Chungnam Economic Promotion Agency Launches 'Chungnam Semiconductor Plus Job Project' to Boost Industry and Employment: The Chungnam Economic Promotion Agency (CEPA) has announced the full-scale implementation of the '2025 Chungnam Semiconductor Plus ...; KO YONG-CHUL Reporter 2025.04.17

Kim Jung-min: Pioneering Korean Entrepreneur Forges Unity Among Vietnamese Korean Business Community and Expands Global Reach: In the bustling economic landscape of Vietnam, a dynamic force has emerged in the form of the Asia Korean Businessmen's Federation ...; KO YONG-CHUL Reporter 2025.04.17

K-Beauty Wave Fuels Economic and Cultural Bridges Between South Korea and Central Europe: In a strategic move to deepen economic ties and foster cultural exchange, the Korea Trade-Investment Promotion Agency (KOTRA), und ...; HONG MOON HWA Senior Reporter 2025.04.17

World-OKTA to Host '2025 KOREA BUSINESS EXPO ANDONG' with Grand Opening on April 28th: World-OKTA (World Federation of Overseas Korean Traders Associations), the largest Korean diaspora economic organization represent ...; KO YONG-CHUL Reporter 2025.04.17

Daejeon Aims to Cultivate Star Companies by Turning Technology into Market Success Through Demonstration Support: Daejeon Metropolitan City is actively propelling its 2025 Customized Demonstration Testbed Support Project forward. As a key step, ...; KO YONG-CHUL Reporter 2025.04.17

Cheonan City Intensifies Scrutiny of Food Establishments in Anticipation of Major Cultural and Sporting Events: In a proactive measure to ensure public health and safety, Cheonan City has initiated an extensive inspection of its food service ...; HONG MOON HWA Senior Reporter 2025.04.16

Job Openings at Daejeon Metropolitan City Public Institutions! Hiring a Total of 110 People: Daejeon Metropolitan City has officially announced its integrated recruitment drive for the first half of 2025, seeking to onboard ...; HONG MOON HWA Senior Reporter 2025.04.16

Cheonan Pioneers Senior Pedestrian Delivery Program, Blending Employment and Well-being for Elderly Citizens: In a proactive stride towards addressing the challenges of an aging society, Cheonan City has forged a tripartite partnership with ...; HONG MOON HWA Senior Reporter 2025.04.16

Daejeon Metropolitan City to Subsidize Purchase of 299 Electric Motorcycles in 2025: Daejeon Metropolitan City announced its "2025 Electric Motorcycle Promotion Project" aimed at reducing urban air pollution and cre ...; KO YONG-CHUL Reporter 2025.04.16

Daejeon Secures Significant Budget Savings Through Strategic Reduction of Taxi Card Transaction Fees: Daejeon Metropolitan City has demonstrated its commitment to prudent fiscal management by successfully negotiating a reduction in ...; HONG MOON HWA Senior Reporter 2025.04.16

Chungnam Province to Select This Year's Best Traditional Liquors: Chungcheongnam-do (South Chungcheong Province) and the Chungnam Economic Promotion Agency announced on June 9th that they will hol ...; HONG MOON HWA Senior Reporter 2025.04.16

Chungnam Center for Creative Economy & Innovation Opens Applications for 2025 Batch 5 Acceleration Program: The Chungnam Center for Creative Economy & Innovation (hereinafter referred to as Chungnam CCEI) has announced the recruitment ...; HONG MOON HWA Senior Reporter 2025.04.16