Business - Global Economic Times

2026.11.11 (Wed)
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Korea’s Trade Insurer Fuels Record-Breaking Export Drive with 100 Trillion Won in SME Support

SEOUL — South Korea is on the cusp of hitting a historic milestone this month by surpassing $1 trillion in total annual exports for the first time. Behind this remarkable achievement lies an agg
South Korea Targets Hidden Securities Fees in Crackdown on Automatic Subscriptions

Financial watchdogs in South Korea are moving to overhaul stock market advisory services following complaints that investors are being trapped in costly subscriptions without their knowledge. The Fin

Hoban Group Expands Beyond Construction into Cable and Precious Metals Markets

SEOUL — Hoban Group, a South Korean conglomerate traditionally rooted in residential housing, is broadening its footprint through aggressive urban renewal projects in the Seoul metropolitan area

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Nissan to Cut Thousands of Jobs in Thailand Amidst Global Restructuring: Bangkok, Thailand – Nissan Motor Co. is set to cut around 1,000 jobs in Thailand as part of a global restructuring plan, acc ...; Global Economic Times Reporter 2024.11.28

Unilever Indonesia Sells Ice Cream Business for Rp7 Trillion: Jakarta, Indonesia – Unilever Indonesia has officially completed the sale of its ice cream business, as part of its parent c ...; Desk 2024.11.28

Philippine Puyat Durian Steals the Show at China International Import Expo: Manila, Philippines – The Philippine’s renowned Puyat durian took center stage at the 7th China International Import E ...; Ana Fernanda Reporter 2024.11.28

SLIMTC Forecasts Faster Philippine Growth in 2025: Manila, Philippines – Sun Life Investment Management & Trust Corporation (SLIMTC) President Michael Gerald Enriquez has ...; Ana Fernanda Reporter 2024.11.28

Cordillera Region's Economy Boosted by Service Sector: Baguio City, Philippines – The Cordillera Administrative Region has seen a significant shift in its economic landscape, with ...; Ana Fernanda Reporter 2024.11.28

JOB SEARCH/RECRUITMENT: [무역안보관리원 정규직 신입직원 채용공고] https://c.incru.it/newjobpost/2024/11_kosti/1114/%EB%AC%B4%EC%97%AD%EC%95%88%EB%B3%B4%EA%B4%80%EB%A6%AC%E ...; Desk 2024.11.27

Hyundai Mobis Sets Ambitious Growth Targets, Aims to Become Top 3 Global Parts Supplier: Seoul, South Korea – Hyundai Mobis, a leading automotive parts supplier, has unveiled its mid-to-long-term business goals, a ...; LEE YEON SIL Reporter 2024.11.27

Starbucks Korea Launches New Subscription Service 'Buddy Pass': Seoul, South Korea – Starbucks Korea is introducing a new subscription service, "Buddy Pass," starting December 2nd to celeb ...; Hwang Sujin Reporter 2024.11.27

OpenAI Partners with KDB Industrial Bank to Boost South Korea's AI Ecosystem: Seoul, South Korea – OpenAI, the company behind ChatGPT, has signed a Memorandum of Understanding (MOU) with the Korea Devel ...; Global Economic Times Reporter 2024.11.27

52 South Korean Conglomerates Struggle to Cover Interest Payments: Seoul, South Korea – A recent study has revealed that 52 of South Korea's largest conglomerates were unable to cover their i ...; Global Economic Times Reporter 2024.11.27

Cola Gaza: A Sip of Solidarity for Palestine: London, UK – A new soft drink, Cola Gaza, has emerged as a symbol of Palestinian solidarity and resistance, challenging glob ...; Eugenio Rodolfo Sanabria Reporter 2024.11.26

Automakers Invest in Training to Enhance Customer Service: As the automotive industry undergoes rapid transformation, driven by the rise of electric vehicles and increasingly demanding cons ...; Hwang Sujin Reporter 2024.11.25

Asiana Airlines Discontinues Coat Check Service, While Korean Air Continues: Seoul, South Korea – Asiana Airlines has announced that it will discontinue its popular winter coat check service, leaving t ...; Desk 2024.11.25

Kazakhstan and Mongolia Strengthen Economic Ties: Astana/Ulaanbaatar – In a significant move to boost economic cooperation, Kazakh President Kassym-Jomart Tokayev visited Mon ...; Eugenio Rodolfo Sanabria Reporter 2024.11.25

Hawker Center Dispute: Customer Accuses Vendor of Rude Behavior: A dispute has erupted in Singapore after a customer accused a hawker vendor of rude behavior. Tan, a local resident, had placed a ...; Graciela Maria Reporter 2024.11.24

Customer Experience Management: A Growing Priority for Businesses: As businesses recognize the pivotal role of customer experience in driving brand loyalty and sustainable growth, the demand for ef ...; Desk 2024.11.23

Uruguay and Portugal Launch Youth Exchange Program with Special Work Visa: Montevideo – In a move to foster cultural exchange and provide opportunities for young people, the governments of Uruguay an ...; Pedro Espinola Special Correspondent 2024.11.23

Argentina to Implement Electronic Ear Tags for Cattle: Argentina is set to mandate the use of electronic ear tags for cattle starting March 2025. This initiative aims to enhance transpa ...; Eugenio Rodolfo Sanabria Reporter 2024.11.23

US Multinational to Invest $700 Million in Paraguay's Green Ammonia Production: Go-Energy Group, a US multinational corporation, has announced a $700 million investment to construct a green ammonia production f ...; Graciela Maria Reporter 2024.11.23

Kimchi Exports Soar Amidst Global Popularity and Cultural Appropriation Claims: Seoul, South Korea – Kimchi, Korea’s iconic fermented cabbage dish, is experiencing a surge in global popularity, with ...; LEE YEON SIL Reporter 2024.11.22