Global Economic Times

2026.05.08 (Fri)
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Samsung Electronics Shifts Strategy in China: Moving from Hardware Sales to Platform-Based Business

SEOUL – Samsung Electronics is undertaking a major restructuring of its home appliance business in China, marking a significant pivot 34 years after first entering the market. The move is seen a
Tesla Model Y Becomes First to Pass Grueling New U.S. Autonomous Safety Tests

WASHINGTON D.C. — Tesla’s flagship SUV, the Model Y, has made history as the first vehicle to pass the United States government’s newly implemented safety tests for advanced driver-a

Celltrion’s Zymfentra Sees Explosive 300% Growth, Hits Record Quarterly Prescriptions in the U.S.

[NEW YORK] – Celltrion’s strategic push into the United States is yielding unprecedented results. Zymfentra (marketed as Remsima SC outside the U.S.), the world's first and only subcut

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Paraguay's Forestry Sector Poised to Become Key Economic Driver: Asuncion, Paraguay – Paraguay's forestry sector is rapidly emerging as a pivotal force in the nation's economic landscape. A ...; Graciela Maria Reporter 2025.03.11

Singapore Pioneers International Standards for Methanol Bunkering, Leading the Way in Green Shipping: Singapore has taken a significant step in leading the global maritime industry towards a greener future by pioneering internationa ...; Desk 2025.03.11

Singapore Boosts Electric Heavy Vehicle Adoption with Major Incentives: Singapore is making significant strides towards building a sustainable transportation system with the announcement of substantial ...; Pedro Espinola Special Correspondent 2025.03.11

Singapore Enhances Labor Market Flexibility with Expanded Work Permit Options and Diversified Workforce Sources: Singapore is set to introduce significant changes to its labor market policies, aimed at enhancing flexibility and addressing work ...; Graciela Maria Reporter 2025.03.11

Calypte Holdings Challenges Indonesian Skies with New Premium Airline: Jakarta, Indonesia – Calypte Holdings, a Singapore-based investment firm, has announced its ambitious plan to establish a ne ...; Eugenio Rodolfo Sanabria Reporter 2025.03.11

Jet Aviation Enhances Asia-Pacific Presence with Singapore Facility's ACJ Certification: Singapore – Jet Aviation, a global leader in aviation services, has significantly strengthened its presence in the Asia-Paci ...; Ana Fernanda Reporter 2025.03.11

Air France Boosts Raleigh-Durham Service with Daily Flights and Aircraft Upgrade: Raleigh-Durham, NC – Air France has announced a significant expansion of its service between Paris-Charles de Gaulle Interna ...; KO YONG-CHUL Reporter 2025.03.10

Canada Bolsters Arctic Presence with $3.25 Billion Icebreaker Deal, Amidst Growing International Cooperation: Ottawa, Canada – In a significant move to strengthen its Arctic capabilities, the Canadian government has awarded Davie Ship ...; Yim Kwangsoo Correspondent 2025.03.10

Fiji Sets Sail Towards Maritime Dominance with Australian-Backed Shipbuilding Revival: Suva, Fiji – Fiji is charting a course to reclaim its maritime heritage and establish itself as the Pacific's premier shipbu ...; Graciela Maria Reporter 2025.03.10

AD Ports Group Advances Safaga Terminal with Arrival of Advanced Cranes: SAFAGA, Egypt – AD Ports Group is making significant strides in the development of its new multipurpose cargo terminal in Sa ...; Eugenio Rodolfo Sanabria Reporter 2025.03.10

Czech Railways Sees 3% Passenger Increase in 2024, Driven by International Travel and Modernization: Prague, Czech Republic – Czech Railways (České dráhy) reported a significant milestone in 2024, transporting 1 ...; Pedro Espinola Special Correspondent 2025.03.10

Axpo and Klimaoprema Forge 10-Year Green Energy Partnership in Croatia: Zagreb, Croatia – Swiss energy provider Axpo and Croatian manufacturer Klimaoprema have solidified a significant commitment ...; KO YONG-CHUL Reporter 2025.03.10

Tesla Dethroned by Volkswagen in Global EV Sales Amidst European Slump: Tesla, the electric vehicle giant steered by Elon Musk, has relinquished its global sales crown to Volkswagen Group in January, ex ...; Ana Fernanda Reporter 2025.03.10

Monthly Rent Deals Overtake Jeonse in Seoul Apartment Rental Market: Seoul's apartment rental market is experiencing a significant shift, with monthly rent transactions now surpassing traditional "je ...; Hwang Sujin Reporter 2025.03.10

Automation in Bangladesh Garment Factories: Boosting Production, Raising Concerns: Dhaka, Bangladesh – Bangladesh's garment industry, a cornerstone of the nation's economy, is undergoing a significant transf ...; ONLINE TEAM 2025.03.09

Aluminium Bahrain Joins Sea Cargo Charter, Strengthening Industry Push for Maritime Decarbonization: COPENHAGEN, March 4 – The Sea Cargo Charter (SCC) has welcomed Aluminium Bahrain B.S.C. (Alba), the world’s largest si ...; Desk 2025.03.09

See how Australia’s first 3D-printed multi-storey house is being built: four bedrooms in five weeks: Canberra – Recent Chinese naval deployments in the waters surrounding Australia have served as a stark reminder of the evolv ...; Eugenio Rodolfo Sanabria Reporter 2025.03.09

Italian Energy Giants Saipem and Divento Forge Alliance to Advance Floating Offshore Wind Projects: Rome, Italy – In a significant move to accelerate Italy's transition to renewable energy, Saipem, a global leader in enginee ...; Pedro Espinola Special Correspondent 2025.03.09

Baykar and Leonardo Forge Strategic Drone Partnership, Eyeing Europe's $100 Billion Market and GCAP's "Loyal Wingman" Role: Rome, Italy – In a significant move set to reshape Europe's unmanned aerial vehicle (UAV) landscape, Turkish drone powerhous ...; Graciela Maria Reporter 2025.03.09

Emirates Expands Premium Economy Network with Upgraded Boeing 777s, Adding London Stansted and Seoul: Dubai, UAE – Emirates Airline is set to enhance its global connectivity and passenger comfort by expanding its network of re ...; ONLINE TEAM 2025.03.09