Global Economic Times

2025.10.28 (Tue)
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Grand Opening of the 29th World Korean Business Convention in Songdo Convensia, Incheon

The 29th World Korean Business Convention (2025 Korea BCSF Incheon) grandly opened on October 27 at Songdo Convensia in Incheon. The convention is co-hosted by the World Federation of Overseas Korean
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

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Uzbekistan and Turkmenistan Forge New Economic Era with Landmark Free Trade Agreement: TASHKENT/ASHGABAT – March 7, 2025 – In a significant stride towards regional economic integration, the free trade agre ...; KO YONG-CHUL Reporter 2025.03.16

Uzbekistan and Pakistan Forge Ahead with Strategic Partnership, Targeting $2 Billion in Trade by 2029: Tashkent, Uzbekistan – In a significant stride towards deepening regional economic integration, Uzbekistan and Pakistan are ...; Yim Kwangsoo Correspondent 2025.03.16

Vietnam Establishes Criteria to Evaluate Foreign Investment Effectiveness: The Vietnamese government's recent publication of criteria to assess the effectiveness of foreign investment in Vietnam will contr ...; Pedro Espinola Special Correspondent 2025.03.16

Lotte Shopping Sees Vietnam as Top Overseas Market, Despite Operating Loss in 2024: SEOUL, South Korea – Lotte Shopping, a retail giant under the South Korean conglomerate Lotte, has revealed its 2024 perform ...; Ana Fernanda Reporter 2025.03.16

Vietnam's Smart Door Lock Market Poised for Strong Growth by 2025: The smart door lock market in Vietnam is projected to experience robust growth by 2025, driven by increasing consumer demand for e ...; Eugenio Rodolfo Sanabria Reporter 2025.03.16

U.S. Business Giants Flock to Vietnam Amid Trade Tensions: HANOI – A high-profile delegation of over 60 U.S. corporate leaders, representing sectors from technology to defense and ene ...; Graciela Maria Reporter 2025.03.16

Vietnam Explores Flexible Approach to Financial Center Development: HANOI – Vietnam is considering a flexible strategy for developing its financial centers, rather than making a rigid choice b ...; Graciela Maria Reporter 2025.03.16

Vietnam Confiscates Chinese Dolls Bearing Disputed 'Nine-Dash Line' Image: HANOI – Vietnamese authorities have moved swiftly to confiscate Chinese-made dolls found to feature an image resembling the ...; Ana Fernanda Reporter 2025.03.16

Convenience Store Kimbap: Popular Amidst Economic Downturn, But High Sodium Content Raises Health Concerns: Recently, as consumers increasingly opt for convenience store kimbap due to the economic downturn, sales of convenience store kimb ...; Global Economic Times Reporter 2025.03.16

LG and Samsung Dominate Consumer Reports' 2025 Refrigerator and Laundry Rankings: New York, NY – LG Electronics and Samsung Electronics have once again demonstrated their dominance in the U.S. home applianc ...; Eunsil Ju Reporter 2025.03.16

LG U+ Opens Sports Merchandise Specialty Store Ahead of Baseball Season: SEOUL – LG U+ has launched a new offline store dedicated to sports merchandise, just in time for the professional baseball s ...; Hwang Sujin Reporter 2025.03.16

South Korean Middle and High School Students Spend an Average of 150,000 Won Monthly on Check Cards: According to a recent study, South Korean middle and high school students spend an average of approximately 150,000 won per month ...; ONLINE TEAM 2025.03.16

Starbucks Korea Hosts 'MD FESTA' with Up to 50% Off Cups and Tumblers: Starbucks Korea announced on the 16th that it will hold the 'MD FESTA' on online and offline channels until the 31st, offering up ...; Hwang Sujin Reporter 2025.03.16

Coupang Announces 'Spring Special Sale' with Up to 55% Off on Imported Products: Coupang announced on the 16th that it will hold the 'Coupang Imported Spring Special Sale' for a week from March 17th to 23rd. Dur ...; Min Gyu Mi Reporter 2025.03.16

OpenAI and SoftBank to Build Massive AI Data Center in Japan: Osaka, Japan - OpenAI, the creator of the groundbreaking AI chatbot ChatGPT, is set to significantly expand its presence in Japan ...; Eugenio Rodolfo Sanabria Reporter 2025.03.16

Korean Pet Food Exports Surge by 7% in 2023, Led by Japan and Asian Markets: South Korea's pet food exports experienced a significant surge in 2023, driven by strong growth in Japan and other Asian markets, ...; Hwang Sujin Reporter 2025.03.15

The All-New Volkswagen Golf Makes a Grand Debut in South Korea: Incheon, South Korea – On March 14th, at 10:20 AM, the Inspire Grand Ballroom in Yeongjongdo, Incheon, witnessed the spectac ...; Hwang Sujin Reporter 2025.03.15

Jeep Launches Nationwide Spring Test Drive Event with Exclusive Outdoor Gear and Financial Benefits: SEOUL, South Korea – Jeep, the iconic American SUV brand, is inviting adventure seekers and car enthusiasts to experience it ...; Global Economic Times Reporter 2025.03.15

Kia Revamps 'Kia Unplugged Ground' in Seoul, Enhancing Customer Experience with EV Lineup and Events: Seoul, South Korea – Kia has announced the completion of a major renovation of its 'Kia Unplugged Ground' in Seongsu-dong, S ...; Min Gyu Mi Reporter 2025.03.15

Nepal Emerges as Global Student Powerhouse, Attracting Worldwide University Attention: Kathmandu, Nepal – With over half its population under 25, Nepal has solidified its position as a major source of internatio ...; Eugenio Rodolfo Sanabria Reporter 2025.03.14