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 Successfully Concludes Training for Public Officials from Developing Countries, Opening a New Horizon for International Cooperation: The 2025 Local Administration Training program for developing countries, aimed at disseminating exemplary cases of South Korean lo ...; Hwang Sujin Reporter 2025.06.23

Foreign Investment Attraction and Business Growth: Legal Stability and Strategic Choices: On June 22, 2025, Jackson Schneider, one of the most influential figures in the South American business community, provided an in- ...; Greace Nunez Correspondent 2025.06.23

Paraguay's Foreign Trade Trends: In-Depth Analysis of 10.1% Increase in Imports from China in May 2025: As of May 2025, Paraguay's imports from China increased by 10.1% compared to the same period last year. This is according to the l ...; Graciela Maria Reporter 2025.06.23

Saebada, a Rising Star in Busan's Seafood Distribution, Relocates for Sustainable Growth: Busan, South Korea's largest port city, is a pivotal hub for the nation's robust seafood industry, serving as a critical gateway f ...; Hwang Sujin Reporter 2025.06.22

"Free Galaxy S25, Plus Cash Back": The Rekindled Subsidy War Heats Up: SEOUL, South Korea – The South Korean mobile market is currently experiencing an unprecedented "subsidy war," with major tel ...; Desk 2025.06.22

Jeonbuk Bio Takes Significant Strides into US Market, Paving the Way for Global Expansion: BOSTON – Jeonbuk Province, South Korea, is rapidly solidifying its position as a burgeoning hub for the biotech industry, a ...; Yim Kwangsoo Correspondent 2025.06.22

GLP-1's Irish Miracle: A Tricky Tug-of-War with the US: Earlier this year, the Irish economy experienced an extraordinary surge. The small island nation of 5.4 million people captured gl ...; Hwang Sujin Reporter 2025.06.22

Homeplus Seeks New Owner...Court Approves M&A Prior to Rehabilitation Plan Approval: Homeplus, currently undergoing corporate rehabilitation procedures, is now able to find a new owner. This follows a court decision ...; Min Gyu Mi Reporter 2025.06.21

Mingles, Seoul, Makes "World's 50 Best Restaurants" List for Second Consecutive Year: Seoul, South Korea – Mingles, the contemporary Korean fine dining restaurant in Cheongdam-dong, Gangnam-gu, led by Chef Kang ...; KO YONG-CHUL Reporter 2025.06.21

Chungnam Province Launches "Powerful Partnership" to Cultivate Unicorns in Bay Valley: Chungnam Province, South Korea – Chungnam Province has initiated a comprehensive "Powerful Partnership" with NH Nonghyup Ban ...; KO YONG-CHUL Reporter 2025.06.20

South Korea Emerges as Second-Most Preferred Asian Travel Destination, Closing Gap with Japan: South Korea has ascended to the second position in travel destination awareness and preference across the Asian region, signaling ...; Graciela Maria Reporter 2025.06.20

KakaoBank Secures Thai Virtual Bank License, Marking Korean Financial Re-entry After 25 Years: Bangkok, Thailand – KakaoBank, South Korea's leading internet-only bank, has successfully obtained a virtual bank license fr ...; Hwang Sujin Reporter 2025.06.19

Moorim Paper Unveils Immersive Exhibition at 2025 Seoul International Book Fair: SEOUL, South Korea – Moorim Paper, a leading name in the South Korean paper industry, is set to captivate attendees at the 2 ...; Kim Sungmoon Reporter 2025.06.18

RedForce PC Cafe Provides 750 Boxes of Nongshim's 'Baehongdong' to All 80+ Stores, Bolstering Franchisee Partnership: SEOUL, South Korea – RedForce PC Cafe (RedForce PC Arena) announced on June 18, 2025, that it would provide 750 boxes of Non ...; Hwang Sujin Reporter 2025.06.18

HD Hyundai Executives Bolster Worker Safety Amidst Looming Summer Heatwave: Ulsan, South Korea – As South Korea braces for the onset of the summer heatwave, HD Hyundai's top management, led by Chairma ...; KIM YOUNG MIN Specialized Reporter 2025.06.18

Gencia's Innovative Outsourcing Strategy for Human Resources Optimization: As businesses put in multifaceted efforts toward growth, enhancing human resources management efficiency is no longer an option bu ...; ONLINE TEAM 2025.06.18

Cheonan City Secures $100 Million Investment from Air Products, Bolstering Semiconductor Hub Ambitions: CHEONAN, South Korea – Cheonan City today announced the signing of a significant Memorandum of Understanding (MOU) with Air ...; HONG MOON HWA Senior Reporter 2025.06.18

Cheonan City Accelerates Attraction of Private Investors, Fuelling Startup Ecosystem Growth: Cheonan, South Korea – Cheonan City announced on June 17 its intensified efforts to attract private investment firms, a crit ...; HONG MOON HWA Senior Reporter 2025.06.18

Chungnam's Young Farmers Achieve "Million-Dollar" Incomes Through Smart Farms, Showcasing Policy Success: Buyeo, Chungcheongnam-do – Young farmers nurtured by Chungnam Province are rapidly establishing themselves in the agricultur ...; KO YONG-CHUL Reporter 2025.06.18

South Chungcheong Province to Transform Buyeo into a Leading 'Smart Farm City': Buyeo, South Chungcheong Province – South Chungcheong Province is embarking on an ambitious plan to revolutionize the agricu ...; HONG MOON HWA Senior Reporter 2025.06.18

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