Global Economic Times

2025.10.29 (Wed)
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4 Korean Teams Win at the Inaugural 2025 OKTA Global Startup Competition

Songdo, Incheon – The final round of the '2025 OKTA Global Startup Competition,' hosted by the World Federation of Overseas Korean Traders Associations (World-OKTA), was held at Songdo C
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

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Kenyan Private Sector Sees Uptick in November: Stanbic Bank PMI: Nairobi, Kenya – The Kenyan private sector experienced a notable improvement in business conditions during November 2024, as ...; Eugenio Rodolfo Sanabria Reporter 2024.12.07

Taco Bell Unveils First-Ever ‘Live Más’ Café in Southern California: Chula Vista, CA – Taco Bell is set to revolutionize the fast-food dining experience with the grand opening of its first-ever ...; Ana Fernanda Reporter 2024.12.07

Chipotle Raises Prices to Offset Costs and Maintain Portion Sizes: DENVER, CO – Chipotle Mexican Grill is implementing a 2% price increase across its U.S. locations. The move, effective immed ...; Ana Fernanda Reporter 2024.12.07

Foreign Businesses Flee Korea Amid State of Emergency: Seoul, South Korea – Foreign businesses and individuals are canceling their business trips and events in Korea due to the im ...; ONLINE TEAM 2024.12.06

South Korean Smart Farm Tech Expands to Australia: Sydney, Australia – A South Korean smart farm technology company, Green Plus, has secured a substantial contract to construc ...; Desk 2024.12.06

LotteON's On and the Luxury Expands with Gourmet Food and Home Decor: Seoul, South Korea – LotteON, a popular online shopping platform in South Korea, is expanding its luxury vertical, "On and t ...; Global Economic Times Reporter 2024.12.06

Posco Future M Bolsters US Market Presence with Domestic Lithium Supply: Seoul, South Korea – Posco Future M, a leading South Korean battery materials company, has secured a significant supply of d ...; KO YONG-CHUL Reporter 2024.12.06

A Delicate Balance: Rubio's Challenge in Vietnam and Cuba: Marco Rubio's potential appointment as Secretary of State under a Trump 2.0 administration presents a complex challenge in navigat ...; Desk 2024.12.05

ALDI Portugal Expands in Algarve with New Store Opening: São Brás de Alportel, Portugal – ALDI Portugal, a leading discount supermarket chain, is excited to announce t ...; Global Economic Times Reporter 2024.12.05

Brazilian Investment in Portugal Soars: A 50% Increase in Three Years: Lisbon, Portugal – Brazilian investment in Portugal is poised for significant growth, with a projected 50% increase over the ...; Eugenio Rodolfo Sanabria Reporter 2024.12.05

Laos-China Railway Celebrates Third Anniversary with Significant Growth: Vientiane, Laos – The Laos-China Railway marked its third anniversary on December 3rd, 2024, with a remarkable track record ...; Ana Fernanda Reporter 2024.12.05

World OKTA and Home&Shopping Sign MOU to Support Overseas Expansion of Domestic SMEs: Tthe World Korean Business Association (World OKTA, Chairman Park Jong-beom) and Home&Shopping (CEO Moon Jae-soo) signed a Mem ...; KO YONG-CHUL Reporter 2024.12.05

Apple's $1 Billion Investment in Indonesia: A Step Towards Local Production: Jakarta, Indonesia – Industry Minister Agus Gumiwang Kartasasmita has expressed optimism that Apple will fulfill its pledge ...; Eugenio Rodolfo Sanabria Reporter 2024.12.05

Bitcoin Breaks Records as Crypto Market Soars: New York – Bitcoin, the pioneering cryptocurrency, has surged to unprecedented heights, surpassing the US$100,000 mark for t ...; ONLINE TEAM 2024.12.05

Holiday Inn Express Kathmandu Celebrates First Anniversary: Kathmandu, Nepal – Holiday Inn Express Kathmandu Naxal, Nepal’s inaugural Holiday Inn Express hotel, marked its first ...; Graciela Maria Reporter 2024.12.05

Shinhan Bank CEO Jung Sang-hyuk Confirmed for Second Term: Seoul, South Korea – Shinhan Financial Group announced on Friday that its incumbent CEO, Jung Sang-hyuk, has been nominated ...; KO YONG-CHUL Reporter 2024.12.05

Genesis Enters Motorsport with High-Performance 'Magma' Program: Dubai, UAE – Genesis, Hyundai Motor Group's luxury brand, has officially announced its entry into the world of motorsport, u ...; Eugenio Rodolfo Sanabria Reporter 2024.12.05

South Korean Conglomerates Evade Regulations Despite Holding Company Reforms: Seoul, South Korea – Despite mandated transitions to holding company structures, South Korean conglomerates continue to enga ...; ONLINE TEAM 2024.12.05

South Korea Seeks to Transform Defense Industry Ecosystem for Global Competitiveness: Seoul, South Korea – South Korea is aiming to revamp its defense industry ecosystem to enhance global competitiveness, accor ...; ONLINE TEAM 2024.12.05

Homeplus Expands Online Presence with Baemin Partnership: Seoul, South Korea – Homeplus, one of South Korea’s leading retail chains, has announced a partnership with Baemin, th ...; Hwang Sujin Reporter 2024.12.04