Global Economic Times

2026.05.08 (Fri)
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Hyundai Motor Group Bets $700 Million on Mexico Amid Trade Policy Volatility

MEXICO CITY — In a bold move that defies growing geopolitical tension and fluctuating trade policies, Hyundai Motor Group (HMG) is significantly ramping up its investment in Mexico. While other
Kakao Hits Record Q1 Performance: Operating Profit Surges 66% as Focus Shifts to "Agentic AI"

SEOUL — Kakao, the South Korean tech giant behind the country’s ubiquitous messaging app, announced today that it has achieved its highest-ever first-quarter results. Driven by the robust

Honda Halts $15B Canada EV Plant Plans Amid Strategic Pivot to Hybrids

(C) Investopedia TOKYO – Japanese automaker Honda Motor Co. has indefinitely suspended its plans to build an electric vehicle (EV) and battery manufacturing hub in Ontario, Canada, as the compa

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West Virginia Streamlines Professional License Transfers with New Law: Amidst a legislative session marked by several contentious bills, a notable piece of positive legislation has emerged in West Virg ...; Sharon Yoon Correspondent 2025.04.12

Uncertainty Clouds Kansas Sports Betting Market as Budget Amendment Halts Contract Renewals: TOPEKA, KANSAS - The future of Kansas's sports betting market has become increasingly uncertain after the state legislature passed ...; Eunsil Ju Reporter 2025.04.12

Oregon Businesses File $80 Million Class Action Lawsuit Alleging ADA Scam by Tennessee Law Firms: PORTLAND, Ore. – Multiple Oregon businesses have filed a class action lawsuit alleging that two Tennessee law firms orchestr ...; Sharon Yoon Correspondent 2025.04.12

Daejeon Aims to Leap Forward as a Next-Generation Robotics Deep-Tech Hub: In response to the rapidly evolving global and domestic robotics industry landscape, the Daejeon Metropolitan City Government has ...; HONG MOON HWA Senior Reporter 2025.04.11

Chungcheongnam-do Province Cultivates Roots for New Growth Engine in Cultural Content Industry: Chungcheongnam-do Province is strategically positioning its cultural content sector as a pivotal driver for future economic growth ...; KO YONG-CHUL Reporter 2025.04.11

Ministry of Culture, Sports and Tourism Opens ‘Korea 360’, Overseas Promotion Center for Korean Wave-related Industries in the United Arab Emirates: The Ministry of Culture, Sports and Tourism (Minister Yu In-chon), in collaboration with the Ministry of Agriculture, Food and Rur ...; KO YONG-CHUL Reporter 2025.04.11

Amels 80 by Damen Yachting Secures Top Honors at Yacht Style Awards 2025 in Singapore: Singapore – The cutting-edge superyacht Amels 80, from the globally renowned Dutch yacht builder Damen Yachting, has proudly ...; KO YONG-CHUL Reporter 2025.04.11

Singapore Changi Airport's Transit Passenger Attraction Campaign 'The Singapore Lounge' Proves Highly Effective: Attractive Benefits Such as Free City Tours Provided… Tourism Revenue Growth Expected: Singapore - Singapore's new 'The Singapore Lounge' campaign, launched to actively attract passengers transiting or transferring th ...; Hwang Sujin Reporter 2025.04.11

Singapore Navy Commences Construction of Next-Generation Offshore Patrol Vessels... Keel Laying Ceremony for First and Second Ships Held in Lithuania: Klaipėda, Lithuania - The Republic of Singapore Navy (RSN) has officially marked the commencement of its next-generation Offshore ...; Yim Kwangsoo Correspondent 2025.04.11

Singapore Unveils 'Tourism 2040 Roadmap': Boosting MICE Industry and Leisure Tourism: Singapore - Following a record-high tourism revenue of S$29.8 billion in 2024, the Singapore Tourism Board (STB) has unveiled its ...; KO YONG-CHUL Reporter 2025.04.11

Asia Sweeps Top 3 Spots in World's Best Airports... Singapore Changi Airport Named World's No. 1 in 2025: Madrid, Spain - According to the results of the '2025 World Airport Awards' announced by the UK-based air service rating agency Sk ...; Global Economic Times Reporter 2025.04.11

Singapore's Marina Bay Cruise Centre Undergoes Major Upgrade: SINGAPORE – The Marina Bay Cruise Centre Singapore (MBCCS) has announced its largest upgrade since its opening in 2012. This ...; Pedro Espinola Special Correspondent 2025.04.11

Amidst Trade War Fears Triggered by Trump's Tariffs, Attention Turns to 4 Singapore REITs with Solid Backing and High-Quality Assets: Singapore – As uncertainty looms over the global trade order with US President Donald Trump imposing broad import tariffs on ...; Yim Kwangsoo Correspondent 2025.04.11

Paraguay's Maquila Exports Increase by 20%, Contributing to Job Creation: Asunción, Paraguay — Paraguay's maquila industry recorded exports of $295 million in the first quarter of 2025, marki ...; Eugenio Rodolfo Sanabria Reporter 2025.04.11

Korea Post Tops Domestic Parcel Delivery Service Evaluation: The Korea Post Office has been named the best parcel delivery service in Korea for the 24th consecutive year. The company received ...; KO YONG-CHUL Reporter 2025.04.10

Weakened Won Expected to Dampen South Korean Tourist Arrivals in the Philippines for 2025: Manila, Philippines – The Philippines' leading real estate consultancy firm, Richeliu Property Consultants (LPC), through it ...; Yim Kwangsoo Correspondent 2025.04.10

Philippine Telco Now Telecom Faces License Revocation Over Network Rollout Failure: Manila, Philippines – Now Telecom, a telecommunications operator in the Philippines, is in danger of losing its mobile opera ...; Eugenio Rodolfo Sanabria Reporter 2025.04.10

Hilton Expands Southeast Asia Footprint with Announcement of Two New Hilton Garden Inn Hotels in the Philippines: Manila, Philippines – Global hospitality leader Hilton is bolstering its presence in the Philippines, accelerating its expan ...; Eugenio Rodolfo Sanabria Reporter 2025.04.10

I Squared Capital-Backed Berde Renewables Expands Renewable Energy Partnership with Holcim Philippines: Manila, Philippines – Berde Renewables Inc., a distributed renewable energy company backed by I Squared Capital, has announc ...; Pedro Espinola Special Correspondent 2025.04.10

Italy Boosts Energy Security with Imminent Launch of Ravenna LNG Terminal: Italy is taking a significant step to bolster its energy security. Snam, the national energy infrastructure company, announced on ...; Pedro Espinola Special Correspondent 2025.04.10