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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The Philippines' Tanduay Rises as a Powerhouse in the Global Liquor Market: Tanduay, the Philippines' flagship rum brand, has achieved remarkable growth in the global liquor market, rising to the ranks of a ...; Ana Fernanda Reporter 2025.08.05

Scotland's National Drink: The Unwavering Dominance of Irn-Bru: SCOTLAND – While Coca-Cola has long reigned supreme as a global beverage titan, there's one corner of the world where it con ...; Graciela Maria Reporter 2025.08.02

Google Ends Sponsorships for Dozens of DEI Organizations, Drawing Scrutiny: SAN FRANCISCO — In a move signaling a further retreat from its Diversity, Equity, and Inclusion (DEI) commitments, Google ha ...; Eunsil Ju Reporter 2025.08.02

Finalization of the Korea-U.S. Trade Negotiations: Successful Prevention of Rice and Beef Market Opening: After intense trade negotiations with the United States, the South Korean government has successfully protected its rice and beef ...; Desk 2025.08.01

Hadong-gun to Host Jinsang Port Gizzard Shad Consumption Promotion Event…Expectations for Regional Economic Revitalization: Hadong-gun, Gyeongsangnam-do, will hold a 'Gizzard Shad Consumption Promotion Event' from August 1st to 3rd at Jinsang Port in Jin ...; KO YONG-CHUL Reporter 2025.07.31

Daejeon's 14 Universities Launch 'RISE U-Neulbom Council' to Foster and Enhance Neulbom School Instructors: Fourteen universities in the Daejeon area have officially launched the 'RISE U-Neulbom Council' to foster Neulbom School instructo ...; KO YONG-CHUL Reporter 2025.07.31

Daejeon City Recruiting Companies for 2025 Youth Job Fair to Support Matching Local Talent: The "2025 Daejeon Youth Job Fair," scheduled to be held on September 30th, is garnering anticipation as a comprehensive employment ...; HONG MOON HWA Senior Reporter 2025.07.31

Jeju City Faces Embezzlement Scandal: Over ₩600 Million from Waste Bag Sales Stolen, Revealing Systemic Management Failures: Jeju City's lax financial management system has come under scrutiny. Public outrage is growing following the discovery that a publ ...; Global Economic Times Reporter 2025.07.29

Insurance for Mipymes: A New Challenge for Ibero-America: The 16th Ibero-American Insurance Summit will be held in Asunción on September 3rd and 4th. The event is organized by the F ...; Ana Fernanda Reporter 2025.07.28

Vietnam: Strengthening Marine Conservation for Sustainable Marine Tourism: Vietnam boasts over 3,260 km of beautiful coastline from north to south, making it an attractive destination for both domestic and ...; Yim Kwangsoo Correspondent 2025.07.27

Paraguay Captivates Japan with Tereré and Ñandutí at Osaka Expo: OSAKA – In the scorching Japanese summer, the Paraguayan Pavilion has become a highly regarded oasis where culture and cooln ...; Graciela Maria Reporter 2025.07.25

South Korea to Pursue Tariff Reductions Following Japan's Precedent with Large-Scale Investment in the US... Anticipating Turbulences in Trade Environment: The South Korean government is reportedly considering creating a fund for investment in the United States as a way to lower the 25 ...; Global Economic Times Reporter 2025.07.24

U.S.-Korea 2+2 Trade Talks Abruptly Canceled Just Before Departure: Tariffs Negotiation in Jeopardy: Washington D.C. Visit by Deputy Prime Minister Koo Yun-cheol Canceled at Incheon Airport; Treasury Secretary's Urgent Schedule Cau ...; Hwang Sujin Reporter 2025.07.24

Incheon City Recruiting 1,000 for 'Incheon 9 Scenic Spots DIY Experience Group'… ₩20,000 Travel Support for Personalized Courses: Incheon City and Incheon Tourism Organization are recruiting the ‘Incheon 9 Scenic Spots DIY (Do Incheon Yourself) Experienc ...; KO YONG-CHUL Reporter 2025.07.23

Samcheok City Leads "Ethical Tourism" with Summer Vacation Season Price Stabilization Campaign: Samcheok City, in anticipation of the 2025 summer peak season, is putting all efforts into eradicating price gouging and fostering ...; KO YONG-CHUL Reporter 2025.07.22

Bucheon City Presents Certificates to "2025 Bucheon City Quality Excellent Product Selection" Companies: The Bucheon Industrial Promotion Agency (Director Shin Dong-hak) concluded the evaluation process for the "2025 Bucheon City Quali ...; KO YONG-CHUL Reporter 2025.07.20

1,914 Firefighters Pass Final Selection in 2025, Poised to Become Key Players in a New Era of Firefighting: A total of 1,914 new firefighters have been ultimately selected to lead South Korea's fire services in 2025. The National Fire Age ...; KO YONG-CHUL Reporter 2025.07.18

North Korea's Wonsan-Kalma Coastal Tourist Zone Temporarily Suspends Foreign Tourists: Analysis Points to Combined Factors of Improvement Measures and Low Demand: Wonsan, KCNA – North Korea's Wonsan-Kalma Coastal Tourist Zone in Kangwon Province, a large-scale beach resort promoted by t ...; Hwang Sujin Reporter 2025.07.18

SK Telecom's Market Share Dips Below 40% After Unprecedented Hacking Incident, Accelerating Market Landscape Shift: Seoul, July 18, 2025 – SK Telecom, a long-standing powerhouse in South Korea's mobile telecommunications market, has been hi ...; Hwang Sujin Reporter 2025.07.18

BOK: "Expansion of Delivery Platforms Intensifies Self-Employed Polarization... Urgent Countermeasures Needed": According to a report released by the Bank of Korea on July 17, 2025, the rapid growth of food delivery platforms is exacerbating ...; Hwang Sujin Reporter 2025.07.17

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