Global Economic Times

2025.12.16 (Tue)
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K-Consumables Pop-up Strategy Targets Central Japan Distribution Hub, K-Beauty Popularity Spreading

(C) KOTRA The Korea Trade-Investment Promotion Agency (KOTRA, President Kang Kyeong-seong) held the "Directly Experiencing K-Beauty Sales Promotion" from December 4th to 13th at Lalapor
South Korea Launches $115 Million Export Voucher Program to Boost SME Global Reach

SEOUL — South Korea's Ministry of SMEs and Startups (MSS) is accelerating its support for small and medium-sized enterprises (SMEs) aiming for global market expansion. The MSS announced the

International Organizations Raise China's Growth Forecasts, Citing Stimulus and Exports

(C) Global TImesSeveral major international financial institutions, including the World Bank (WB) and the International Monetary Fund (IMF), have recently revised their forecasts for China's econo

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Vietnam's Billionaire Count Bounces Back to Six: HANOI – Vietnam's roster of billionaires has climbed back to six with the re-inclusion of Masan Group Chairman Nguyen Dang Q ...; Ana Fernanda Reporter 2025.02.05

Vietnam Stock Market Rebounds, But Caution Advised Amidst Foreign Investor Sell-Off: HANOI – The Vietnamese stock market saw a strong rebound on Tuesday, with the VN-Index nearing the 1,265-point mark. Improve ...; Global Economic Times Reporter 2025.02.05

Egypt Secures $1.7 Billion in Financing from Islamic Development Bank Group: Cairo, Egypt – Egypt has solidified its partnership with the Islamic Development Bank (IsDB) Group, securing $1.7 billion in ...; Eugenio Rodolfo Sanabria Reporter 2025.02.05

SK Telecom Joins MIT's GenAI Impact Consortium as Founding Member: Seoul, South Korea – SK Telecom (SKT), a leading South Korean telecommunications company, has announced its participation as ...; ONLINE TEAM 2025.02.04

Gyeongnam Province to Accelerate Electric Vehicle Supply Project: Gyeongsangnam-do Province announced on the 4th that it will begin its electric vehicle (EV) supply project earlier than usual this ...; Hwang Sujin Reporter 2025.02.04

Financial Supervisory Service Uncovers Massive Illegal Loans at Major Banks: SEOUL – The Financial Supervisory Service (FSS) of South Korea has revealed a staggering 387.5 billion won ($295 million USD ...; KO YONG-CHUL Reporter 2025.02.04

HD Hyundai to Unveil Next-Generation Construction Equipment at 2025 Seoul Mobility Show: SEOUL – HD Hyundai, a leading construction equipment manufacturer, announced its participation in the 2025 Seoul Mobility Sh ...; Desk 2025.02.04

Starbucks Japan's Location-Based Pricing: A Sign of Things to Come?: Starbucks Coffee Japan, Ltd. recently announced a move that could signal a shift in how businesses approach pricing strategies: lo ...; Eugenio Rodolfo Sanabria Reporter 2025.02.04

Strengthening Japan's Investment Security: A Necessary Step: Japan is taking proactive measures to safeguard its national security by expanding scrutiny of foreign investments. As reported by ...; Eugenio Rodolfo Sanabria Reporter 2025.02.04

Tether Announces USDt Integration with Bitcoin's Lightning Network: El Salvador – Tether, the company that recently announced it is moving all of its operations to El Salvador, has announced t ...; Ana Fernanda Reporter 2025.02.02

Tanzanian Honey Exports Surge, Reaching International Markets: DODOMA – Tanzanian honey producers have seen a significant boost in exports, selling 337.3 tonnes of honey to international ...; Hee Chan Kim Reporter 2025.02.02

Lotte On to Welcome Luxury Brands in a Major Expansion of its E-commerce Platform: SEOUL – Lotte On, the e-commerce platform of Lotte Shopping, is set to significantly expand its luxury offerings next month ...; Hwang Sujin Reporter 2025.01.31

E-commerce Companies Dive into Luxury Goods Market Amidst Slowing Growth: SEOUL – In a bid to expand their customer base and boost sales, South Korean e-commerce giants are increasingly venturing in ...; Hwang Sujin Reporter 2025.01.31

Korea Boosts Investment Incentives for Local Businesses: To stimulate corporate investment in local areas, the ceiling for local investment subsidies will be raised from the current 100 b ...; KO YONG-CHUL Reporter 2025.01.31

Starbucks Surpasses Japan in Store Count for the First Time: South Korea has overtaken Japan in the number of Starbucks stores for the first time, according to Starbucks' global website. As o ...; Hwang Sujin Reporter 2025.01.31

Vietnam's Export Sector Poised for Continued Growth in 2025: HANOI - Vietnam's export sector is expected to remain a key driver of economic growth in 2025, building on a record-breaking perfo ...; Graciela Maria Reporter 2025.01.30

El Salvador Expands Labor Migration Program, Announces New Destination: San Salvador – El Salvador’s government has announced plans to expand its successful Labor Migration Program, which of ...; Graciela Maria Reporter 2025.01.30

Samsung's Dominance Wanes Amid Chip Crisis: Seoul, South Korea – Samsung Group, South Korea’s largest conglomerate, has retained its top spot in the nation's corp ...; ONLINE TEAM 2025.01.30

X to Launch Financial Services, Including Digital Payments, This Year: San Francisco, CA – Elon Musk's social media platform, X (formerly Twitter), is set to launch a suite of financial services ...; Sharon Yoon Correspondent 2025.01.30

K-Beauty's Next Frontier: Edible Cosmetics: Seoul, South Korea – The beauty industry is witnessing a surge in popularity for "inner beauty" products, or edible cosmetic ...; Min Gyu Mi Reporter 2025.01.30