Global Economic Times

2025.12.16 (Tue)
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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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Philippine Economic Growth Projected to Accelerate in 2025, Says UBS Economist: MANILA – The Philippine economy is poised for accelerated growth in 2025, driven by increased investments and robust consume ...; Pedro Espinola Special Correspondent 2025.02.27

Alfamart Boosts MSMEs with In-Store Partnerships, Plans Luzon Expansion: MANILA – Alfamart, the convenience store chain owned by the Sy family, is actively pursuing partnerships with micro, small, ...; Graciela Maria Reporter 2025.02.27

Philippine Government Remains Key Market for Honda Marine and Propmech: MANILA – The Philippine government continues to be the largest consumer for Honda Marine and its local partner, Propmech Cor ...; Graciela Maria Reporter 2025.02.27

South Jeolla Province Invests 90 Billion KRW to Strengthen Global Competitiveness of Seafood Industry: On February 25th, South Jeolla Province announced its plan to invest approximately 90 billion KRW this year to enhance the global ...; Yim Kwangsoo Correspondent 2025.02.27

Soonchunhyang University Offers Up to 100 Million KRW to Early-Stage Startups: Soonchunhyang University has launched its 2025 Early Startup Package, offering up to 100 million KRW in business funding to early- ...; HONG MOON HWA Senior Reporter 2025.02.27

Orion's Choco Pie Hits Record Sales, Becoming a Global Phenomenon: Orion's iconic Choco Pie has achieved a milestone, selling over 4 billion units in 2024, its 50th anniversary year, marking a reco ...; Desk 2025.02.27

LG Electronics Strengthens Competitiveness in the Middle East and Africa TV Market: SEOUL — LG Electronics is stepping up its efforts to strengthen its competitiveness in the Middle East and Africa (MEA) TV m ...; KO YONG-CHUL Reporter 2025.02.26

Hana Securities Raises HYBE's Target Price, Citing BTS Comeback and New Growth: SEOUL – Hana Securities has raised its target price for HYBE Corporation from 280,000 KRW to 310,000 KRW, maintaining a "buy ...; Desk 2025.02.26

Chinese Companies Accelerate Their Offensive in Korean Travel and Retail Markets: Trip.com, the largest online travel agency (OTA) in Asia based in China, has sold more airline tickets than domestic travel agenci ...; KO YONG-CHUL Reporter 2025.02.26

Naver Aims to Redefine Shopping with AI-Powered Personalization: SEOUL – Naver, South Korea's leading internet portal, is poised to revolutionize the online shopping experience with its upc ...; Hwang Sujin Reporter 2025.02.26

Wall Street Mixed as Tech Stocks Tumble, Investors Eye Nvidia Earnings: NEW YORK – U.S. stocks closed mixed on Tuesday, with the Dow Jones Industrial Average edging higher while the S&P 500 an ...; Hannah Yeh Reporter 2025.02.26

Coupang's 2024 Revenue Exceeds 40 Trillion Won for the First Time: Coupang has announced its financial results for 2024, revealing that its annual revenue has surpassed 40 trillion won for the firs ...; Hwang Sujin Reporter 2025.02.26

Three Years On: Russia's War in Ukraine and Japan's Shifting Trade Landscape: Three years have passed since Russia launched its invasion of Ukraine, triggering a wave of economic sanctions, primarily led by t ...; Graciela Maria Reporter 2025.02.25

Buffett's Berkshire Hathaway to Increase Stakes in Japanese Trading Houses: TOKYO – Shares in Japan's five major trading houses surged in early trading on Tuesday after Warren Buffett revealed his con ...; Graciela Maria Reporter 2025.02.25

Nikkei Slumps to One-Month Low Amidst Stronger Yen and Wall Street Woes: TOKYO – Japan's Nikkei share average tumbled by over 1% in early trading on Tuesday, reaching its lowest point in over a mon ...; Global Economic Times Reporter 2025.02.25

Overseas Recalled Products Increasing in Domestic Distribution: The number of cases of products recalled overseas due to safety issues being distributed and sold in Korea is increasing every yea ...; KO YONG-CHUL Reporter 2025.02.25

K-Beauty Brands Rush into India Amidst Korean Wave: With the Korean Wave sweeping across India, the country with a population of 1.4 billion, K-beauty brands are rapidly expanding th ...; Desk 2025.02.25

Korean Air to Pay Record-Breaking Performance-Based Bonuses to Employees: Korean Air, which recorded its highest-ever sales last year, will pay its employees performance-based bonuses equivalent to 500% o ...; KO YONG-CHUL Reporter 2025.02.25

Seoul Dairy Successfully Invalidates a2 Milk Company's Patent on A2 Protein: Seoul Dairy Cooperative announced on the 25th that it has successfully invalidated The a2 Milk Company's patent in South Korea rel ...; Hwang Sujin Reporter 2025.02.25

Samsung Electronics Launches New Budget Smartphones in India to Increase Global Market Share: Samsung Electronics is releasing a series of new budget smartphones in India, a market with a population of 1.4 billion. The compa ...; KO YONG-CHUL Reporter 2025.02.25