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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Volvo XC40 Black Edition Sells Out in Record Time in South Korea: SEOUL, South Korea – Volvo Cars Korea today announced a rapid sell-out of its highly anticipated XC40 Black Edition, with al ...; Hwang Sujin Reporter 2025.06.17

Ansan to Host Groundbreaking Youth Fair, Uniting Entrepreneurship and Policy Support: Ansan City, Gyeonggi Province, has announced the '2025 Ansan Youth Fair,' a first-of-its-kind event in the nation, to be held on J ...; Hwang Sujin Reporter 2025.06.16

Daejeon City: "Restarting with Jobs" – 2025 Daejeon Women's Job Fair Successfully Held: Daejeon, South Korea – The 2025 Daejeon Women's Job Fair, a pivotal event aimed at re-engaging women in the workforce, succe ...; HONG MOON HWA Senior Reporter 2025.06.16

Gyeongju City Honors 10 "Best Friendly Restaurants" for First Half of 2025, Bolstering APEC Readiness: Gyeongju City, South Korea – Gyeongju City has announced its selection of 10 "Best Friendly Restaurants" for the first half ...; Hwang Sujin Reporter 2025.06.16

Ulsan City Opens Call for 2025 Exemplary Apartment Complex Nominations: ULSAN, South Korea – Ulsan Metropolitan City, under the leadership of Mayor Kim Doo-gyeom, has announced the commencement of ...; Hwang Sujin Reporter 2025.06.16

Ulsan City and Hexicon Forge Strategic Alliance for Floating Offshore Wind Power: ULSAN, South Korea – Ulsan City and Hexicon, a leading Swedish floating offshore wind developer, have pledged to establish a ...; KO YONG-CHUL Reporter 2025.06.16

Ulsan City Forges Ahead with SME Branding Initiative, Boosting Local Competitiveness: Ulsan, South Korea – Ulsan Metropolitan City announced on June 16 that it has selected 11 small and medium-sized enterprises ...; KO YONG-CHUL Reporter 2025.06.16

"Utilizing Data in Chungnam Agriculture" Preparing for a New Future: Chungnam Province is preparing for an innovative future in agriculture by leveraging data. The province announced on the 10th tha ...; HONG MOON HWA Senior Reporter 2025.06.13

Excellent Products and Services from Outstanding Social Economy Enterprises: Chungcheongnam-do Province held a "Public Procurement Expo for Social Economy Enterprises" on the 10th at the Chungnam Social Econ ...; HONG MOON HWA Senior Reporter 2025.06.13

Chungcheongnam-do and Small and Medium Business Ombudsman Join Hands to Improve Old and Unreasonable Regulations: Through this agreement, the two organizations will mutually cooperate in discovering and improving sustainable regulations and dif ...; HONG MOON HWA Senior Reporter 2025.06.13

Nighttime Owl Bus Service 'Búho' Receives Great Response, Offering Convenience and Affordability to Citizens: The nighttime "Búho" (Owl) bus service, introduced to address citizens' need for public transportation during late hours, i ...; Eugenio Rodolfo Sanabria Reporter 2025.06.13

From Fapasa to Adium: A New Chapter for Paraguay and Latin America: ASUNCIÓN, PARAGUAY – A company that began its journey 50 years ago in Paraguay as Fapasa has now undergone an innovat ...; KO YONG-CHUL Reporter 2025.06.13

Taiwan to Double Paraguay's Pork Exports, Creating Jobs: ASUNCIÓN, PARAGUAY – Paraguay is set to begin duty-free pork exports to Taiwan on July 5, marking an unprecedented op ...; Myung Sun Yim Correspondent 2025.06.13

Vehicle Registration Fees Vary by Model, Year, and Origin: Revised Law Enacted: Asunción, Paraguay – In accordance with the re-promulgated vehicle license plate law, the National Traffic and Road S ...; Eugenio Rodolfo Sanabria Reporter 2025.06.13

Singapore Airlines Announces Significant Winter 2025-26 Operations Overhaul: Major Changes for Auckland, Frankfurt, London, Seoul Routes: Singapore Airlines is undertaking an unprecedented large-scale operational overhaul for the Winter 2025-26 season. This restructur ...; Hwang Sujin Reporter 2025.06.12

Singaporean Companies Show High Preparedness for Cyber, Geopolitical, and Other Threats: A new report indicates that Singaporean companies are exhibiting significantly higher confidence in their preparedness for various ...; Pedro Espinola Special Correspondent 2025.06.12

The Collapse of China's High-End Restaurants: The Naked Truth of a Deepening Economic Crisis: In China, there's a saying, "The people regard food as their heaven" (民以食爲天), indicating that eating is not just about sustenance ...; Ana Fernanda Reporter 2025.06.12

KOTRA Paves the Way for Auto Parts Exports to India, World's 3rd Largest Automotive Market: KOTRA (President Kang Kyung-seong) announced that it will host the 'Korea-India Future Automotive Partnering Plaza' in Chennai, In ...; KO YONG-CHUL Reporter 2025.06.12

Overseas Koreans Agency and Busan City Achieve $36 Million in Export Consultations: The Overseas Koreans Agency (Administrator Lee Sang-deok) and Busan Metropolitan City (Mayor Park Hyeong-jun) achieved a performan ...; KO YONG-CHUL Reporter 2025.06.11

Paraguay Emerges as European Investment Hub… '2025 EU-Paraguay Investment Forum' to Be Held: Paraguay is preparing to emerge as a new center for European investment through the '2025 EU-Paraguay Investment Forum,' to be hel ...; Pedro Espinola Special Correspondent 2025.06.11