Global Economic Times

2025.10.29 (Wed)
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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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Strengthening Japan's Investment Security: A Necessary Step: Japan is taking proactive measures to safeguard its national security by expanding scrutiny of foreign investments. As reported by ...; Eugenio Rodolfo Sanabria Reporter 2025.02.04

Tether Announces USDt Integration with Bitcoin's Lightning Network: El Salvador – Tether, the company that recently announced it is moving all of its operations to El Salvador, has announced t ...; Ana Fernanda Reporter 2025.02.02

Tanzanian Honey Exports Surge, Reaching International Markets: DODOMA – Tanzanian honey producers have seen a significant boost in exports, selling 337.3 tonnes of honey to international ...; Hee Chan Kim Reporter 2025.02.02

Lotte On to Welcome Luxury Brands in a Major Expansion of its E-commerce Platform: SEOUL – Lotte On, the e-commerce platform of Lotte Shopping, is set to significantly expand its luxury offerings next month ...; Hwang Sujin Reporter 2025.01.31

E-commerce Companies Dive into Luxury Goods Market Amidst Slowing Growth: SEOUL – In a bid to expand their customer base and boost sales, South Korean e-commerce giants are increasingly venturing in ...; Hwang Sujin Reporter 2025.01.31

Korea Boosts Investment Incentives for Local Businesses: To stimulate corporate investment in local areas, the ceiling for local investment subsidies will be raised from the current 100 b ...; KO YONG-CHUL Reporter 2025.01.31

Starbucks Surpasses Japan in Store Count for the First Time: South Korea has overtaken Japan in the number of Starbucks stores for the first time, according to Starbucks' global website. As o ...; Hwang Sujin Reporter 2025.01.31

Vietnam's Export Sector Poised for Continued Growth in 2025: HANOI - Vietnam's export sector is expected to remain a key driver of economic growth in 2025, building on a record-breaking perfo ...; Graciela Maria Reporter 2025.01.30

El Salvador Expands Labor Migration Program, Announces New Destination: San Salvador – El Salvador’s government has announced plans to expand its successful Labor Migration Program, which of ...; Graciela Maria Reporter 2025.01.30

Samsung's Dominance Wanes Amid Chip Crisis: Seoul, South Korea – Samsung Group, South Korea’s largest conglomerate, has retained its top spot in the nation's corp ...; ONLINE TEAM 2025.01.30

X to Launch Financial Services, Including Digital Payments, This Year: San Francisco, CA – Elon Musk's social media platform, X (formerly Twitter), is set to launch a suite of financial services ...; Sharon Yoon Correspondent 2025.01.30

K-Beauty's Next Frontier: Edible Cosmetics: Seoul, South Korea – The beauty industry is witnessing a surge in popularity for "inner beauty" products, or edible cosmetic ...; Min Gyu Mi Reporter 2025.01.30

South Korea's Big Three Retailers Shift Focus to Grocery, Sparking Fierce Competition: Seoul, South Korea – In a bid to revitalize their businesses amid a prolonged slump, South Korea's top three retailers are i ...; Hwang Sujin Reporter 2025.01.30

NERDY Unveils New Tracksuit Line for Spring/Summer 2025: Seoul, South Korea – APR, a global beauty-tech company, has announced that its street fashion brand, NERDY, will be launchin ...; Hwang Sujin Reporter 2025.01.30

South Korean Government to Clarify Delivery Driver Duties: Seoul, South Korea – The South Korean government has announced plans to redefine the scope of work for delivery drivers, aim ...; KO YONG-CHUL Reporter 2025.01.30

South Korea's Shipbuilding Giants Set to Soar on Global Boom: Seoul, South Korea – South Korea's major shipbuilding companies are experiencing a resurgence, with industry giants HD Hyund ...; KO YONG-CHUL Reporter 2025.01.30

SK Hynix Soars on AI Boom, Analysts Upbeat: Seoul, Korea – SK Hynix, a leading global semiconductor company, is riding a wave of optimism as analysts raise their target ...; Desk 2025.01.30

Activist Funds Target Korean Companies with Low Dividend Payout Ratios: South Korean securities firms have identified several companies that could become targets of activist investors in the upcoming an ...; Hwang Sujin Reporter 2025.01.29

Shinhan Bank Launches New Website Featuring Beloved Character Lineup, "Shinhan Friends": Seoul, South Korea – Shinhan Bank announced today the launch of a dedicated website for its popular character lineup, "Shinh ...; Hwang Sujin Reporter 2025.01.29

Australia's inflation cools, boosting hopes for interest rate cuts: SYDNEY - Australia's consumer price index (CPI) rose 0.2% in the December quarter, below market expectations, data from the Austra ...; Eugenio Rodolfo Sanabria Reporter 2025.01.29