Global Economic Times

2025.12.17 (Wed)
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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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Buy Now, Pay Later: A Risky Holiday Trend: San Juan, Puerto Rico – Buy Now, Pay Later (BNPL) services have become increasingly popular among online shoppers, especiall ...; Eugenio Rodolfo Sanabria Reporter 2024.12.27

Oil Prices Edge Lower on Friday, but Set for Weekly Gain: RIYADH – Oil prices were little changed on Friday but were poised for a weekly gain amid optimism that economic stimulus eff ...; Graciela Maria Reporter 2024.12.27

Korean Consumers Get More Protection in New Consumer Dispute Resolution Standards: Seoul, South Korea – The Fair Trade Commission (FTC) announced today that it has finalized revisions to the Consumer Dispute ...; Hwang Sujin Reporter 2024.12.27

South Korea and the Philippines to Deepen Economic Ties with New FTA: Seoul, South Korea – South Korea and the Philippines are set to bolster their economic relationship as the Korea-Philippines ...; Hwang Sujin Reporter 2024.12.26

Small Businesses Crumble Under Economic Pressure: Seoul, South Korea – South Korea's small and medium-sized enterprises (SMEs) are facing an unprecedented crisis as the prolo ...; Hwang Sujin Reporter 2024.12.26

Norges Bank Holds Rates Steady, Signals Easing Soon: Oslo - Norges Bank Governor Ida Wolden Bache announced on Thursday that the key interest rate will remain at 4.5%, marking a conti ...; Ana Fernanda Reporter 2024.12.25

Uber Acquires Remaining Stake in UT, Strengthening Its Position in South Korea: Seoul, South Korea – Uber, the global ride-sharing giant, announced on [Date] that it will acquire the remaining stake in UT ...; Eugenio Rodolfo Sanabria Reporter 2024.12.25

Franchise Industry Surpasses 300,000 Outlets in South Korea: Seoul, South Korea – The number of franchise outlets in South Korea exceeded 300,000 for the first time last year, according ...; ONLINE TEAM 2024.12.25

Online Shopping Scams Surge During Pandemic, Shift in Tactics and Targets: Seoul, South Korea – The COVID-19 pandemic has led to a significant shift in the tactics and targets of online shopping scam ...; Desk 2024.12.25

Crypto Investment Surges in South Korea as Trump Victory Boosts Market: Seoul, South Korea – The number of cryptocurrency investors in South Korea has surpassed 15 million for the first time, acco ...; Desk 2024.12.25

Mexico's Inflation Slows for Third Consecutive Fortnight: Mexico City, Mexico – Mexico’s inflation rate continued its downward trend, decelerating for the third consecutive for ...; Ana Fernanda Reporter 2024.12.25

Mercadona to Boost Employee Salaries by 8.5% in 2025: Madrid, Spain – Mercadona, one of Spain's largest supermarket chains, has announced a significant 8.5% salary increase for i ...; Eugenio Rodolfo Sanabria Reporter 2024.12.24

El Salvador Eyes New Trade Deal with Mercosur, Opening Up Southern Markets: San Salvador, El Salvador – The Salvadoran Corporation of Exporters (Coexport) has expressed enthusiasm over the potential f ...; Ana Fernanda Reporter 2024.12.24

Kwale Governor Invites Investors, Seeks Indonesian Collaboration: Kwale, Kenya - Kwale Governor Fatuma Achani has extended an invitation to both local and international investors to consider inves ...; Graciela Maria Reporter 2024.12.23

Korean Air Expands In-Flight Wi-Fi Service: Seoul, South Korea – Korean Air has significantly expanded its in-flight Wi-Fi service, with one in four of its fleet now eq ...; Hwang Sujin Reporter 2024.12.23

Kakao Commits to Substantial Shareholder Returns: Kakao, a leading South Korean technology company, has announced a significant enhancement to its shareholder return policy. The co ...; JEONG CHAN MYEONG Senior Reporter 2024.12.22

South Korea Expedites SME Support Programs to Boost Economy: The South Korean government is racing to bolster its economy by fast-tracking the implementation of next year's budget and expandi ...; Desk 2024.12.22

Grau Avenue Merchants Given 10-Day Ultimatum to Improve Safety Measures: Lima, Peru – December 21, 2024 – The Superintendence of Labor Inspection (Sunafil) has issued a 10-day deadline for th ...; Pedro Espinola Special Correspondent 2024.12.22

Peru's Retail Sector to See 5% Increase in Holiday Sales: Lima, Peru – Peru's retail industry is poised for a strong holiday season, with projected sales of 14 billion soles, a 5% in ...; Ana Fernanda Reporter 2024.12.22

Australian Brewers Urge Government to Slash Beer Tax to Save Industry: Sydney, Australia - Leading Australian brewers are calling for a significant reduction in the country's controversial beer tax, wa ...; Graciela Maria Reporter 2024.12.21