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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Bucheon City Boosts Citizen Benefits and Local Commerce with Baedal Teukgeup's 'A Meal Recharge' Overlapping Discounts: Bucheon – The Bucheon Commercial Revitalization Center is running an unprecedented 'A Meal Recharge' promotion for Bucheon c ...; Hwang Sujin Reporter 2025.07.17

Chungnam Institute for Content Industry Supports 3 Companies at Tokyo XR & Metaverse Fair, Achieving ₩1.4 Billion in Performance: Chungnam Institute for Content Industry (President Kim Gok-mi, hereinafter referred to as the Institute) announced remarkable achi ...; KO YONG-CHUL Reporter 2025.07.17

Daejeon City Launches 5th Survey on Treatment of Social Welfare Facility Workers: Daejeon City will conduct its '5th Survey on the Treatment of Social Welfare Facility Workers' starting on the 21st, aiming to com ...; HONG MOON HWA Senior Reporter 2025.07.17

Aero K Accelerates Expansion of Japan Routes with New Cheongju-Hiroshima Service: Aero K Airlines further expanded its Japan routes to eight with the new launch of its Cheongju-Hiroshima service on July 16th. Thi ...; HONG MOON HWA Senior Reporter 2025.07.17

Low-Cost Carrier Flybondi Resumes Paraguay Operations, Pursues Direct Flights to Encarnación: Buenos Aires – Argentina's low-cost airline Flybondi has expressed a strong commitment to resuming its routes to Paraguay, a ...; ONLINE TEAM 2025.07.16

No Doctor Salary Increase Expected in 2026 Due to Public Sector Guidelines: ASUNCIÓN, PARAGUAY – On July 15, 2025, the Paraguayan Ministry of Public Health (MSP) officially announced that there ...; Hwang Sujin Reporter 2025.07.16

E. coli Contamination Triggers Recall of Chef Lee Yeon-bok's Beef Brisket and Bracken Soup: SEOUL, South Korea– A popular instant meal, "Lee Yeon-bok's Bokjumoni Hanwoo Ugeoji Gukbap" (Beef Brisket and Bracken Soup), ...; Hwang Sujin Reporter 2025.07.16

Paraguay's Ley 60/90 Investments See Strong Rebound in First Half: Investments under Paraguay's Ley 60/90 reached $267 million in the first half of 2025, a robust 58% increase year-on-year. This on ...; Graciela Maria Reporter 2025.07.15

Incheon City to Provide ₩150 Billion in Funding to SMEs Exporting to the U.S. to Stabilize Management: Amid rising trade barriers from the United States, Incheon City has rolled up its sleeves to promote management stability for smal ...; Hwang Sujin Reporter 2025.07.14

CJ CheilJedang Accelerates K-Food Territory Expansion in Australia… 'Bibigo Chicken' Debuts Locally: CJ CheilJedang, at the forefront of K-Food globalization, is accelerating its push into the Australian market. Based on its local ...; HONG MOON HWA Senior Reporter 2025.07.14

Sanitation Worker's High Salary Controversy: The Shadow of 92 Hours of Overtime: The high salaries of sanitation workers are once again a hot topic online. Recently, a pay stub of an 11-year veteran sanitation w ...; Desk 2025.07.13

Daegu City Recruiting Candidates for '2025 Small and Medium Business Awards' to Discover Leading Companies for Regional Economic Growth: Daegu City is currently accepting applications for the '2025 Daegu Small and Medium Business Awards' until August 8th, aiming to r ...; Hee Chan Kim Reporter 2025.07.13

Cheonan Municipal Museum Recruits Participants for Exhibition Docent Training Program: The Cheonan Cultural Foundation (CEO Ahn Dong-soon, hereinafter referred to as the Foundation) announced on the 11th that it will ...; Kim Sungmoon Reporter 2025.07.12

Canada's June Employment Surges by 83,000, Cooling Rate Cut Expectations: Canada's labor market saw an unexpected surge in employment in June, significantly lowering the likelihood of an interest rate cut ...; Pedro Espinola Special Correspondent 2025.07.12

17,000 Won Japan Trip? Aviation Industry in "Emergency"…Plummeting Travel Demand Intensifies Price War: Recently, the travel industry has been thrown into an emergency as online travel agencies (OTAs) and low-cost carriers (LCCs) are ...; KO YONG-CHUL Reporter 2025.07.11

Bucheon City: From Platform to Distribution… Connecting Investment and Distribution Opportunities for Content Companies: Bucheon City held the ‘2025 Bucheon Content Enterprise Demoday’ at the Webtoon Convergence Center on the 8th. The even ...; KO YONG-CHUL Reporter 2025.07.11

"Get Discounts, Plus Free Gifts!": Bucheon City announced that it is holding an event where customers who pay with Bucheon Pay (local currency) at 'Bucheon Pay Addit ...; Hwang Sujin Reporter 2025.07.11

Bucheon Mayor Cho Yong-ik Discusses Implementing National Policy Directives of the Lee Jae-myung Government with Working-Level Officials: Policy meeting with about 20 working-level officials in economic sectors, including local economy, corporate support, and job crea ...; Global Economic Times Reporter 2025.07.11

"Not Many Opportunities Right Now": Recent Graduate Faces Job Market Challenges, Takes Contract Position: SINGAPORE – Recent and soon-to-be graduates are struggling in a tough job market. With it becoming increasingly difficult to ...; KO YONG-CHUL Reporter 2025.07.10

'Tens of Thousands of Jobs with a Monthly Salary of 10 Million Won'... Singapore's 'Super-Rich Black Hole' Strategy Surpasses New York and Hong Kong: Singapore is rapidly emerging as a 'black hole' attracting super-rich individuals from around the world. In particular, it is domi ...; ONLINE TEAM 2025.07.10

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