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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Paracel's Mega-Project in Paraguay Generates 1,800 Direct Jobs, Boosts Socio-Economic Development: ASUNCIÓN, Paraguay – Paracel, Paraguay's pioneering forestry and pulp company, is significantly bolstering regional d ...; Eugenio Rodolfo Sanabria Reporter 2025.04.09

Paraguay Could Leverage U.S. Reciprocal Tariff Adjustments as a Platform for Attracting New Investment: ASUNCIÓN, Paraguay – Paraguay could actively pursue attracting investment by capitalizing on the new international tr ...; Eugenio Rodolfo Sanabria Reporter 2025.04.09

Paraguay Solidifies Export Markets in the Americas and Asia: ASUNCIÓN, Paraguay - Paraguay has firmly established the Americas and Asia as its primary export destinations, demonstratin ...; Ana Fernanda Reporter 2025.04.09

Over 50 Vietnamese Enterprises Navigate Trade Winds at Singapore Food Expo: HO CHI MINH CITY, Vietnam – Over fifty Vietnamese companies have cast their sights on new export horizons, participating in ...; Hwang Sujin Reporter 2025.04.09

Philippine Geothermal Production Company Initiates Exploratory Drilling at Mount Malinao for 49 MW Power Plant Development: Albay, Philippines – The Philippine Geothermal Production Company (PGPC), a subsidiary of SM Investments Corporation (SMIC), ...; Eugenio Rodolfo Sanabria Reporter 2025.04.09

SUEZ and JEMCO Commence Construction of the Philippines' Largest Seawater Desalination Plant: ILOILO CITY, Philippines – Global environmental services leader SUEZ, in partnership with prominent Philippine construction ...; Ana Fernanda Reporter 2025.04.09

Atome Energy Secures EPC Contract for Paraguay Green Fertilizer Plant; Final Investment Decision Expected Mid-2025: Villeta, Paraguay – Atome Energy, a green hydrogen development company, has announced the signing of an Engineering, Procure ...; Pedro Espinola Special Correspondent 2025.04.09

Paraguay Launches Major Infrastructure Bids in Q1 2025: ASUNCIÓN, PARAGUAY - Paraguay's Ministry of Public Works and Communications (MOPC) has made significant strides in bolsteri ...; Pedro Espinola Special Correspondent 2025.04.09

Belém, Brazil: Scramble for Accommodation Ahead of COP30 Amid Economic Hopes and Concerns: BELÉM, BRAZIL - Located in the heart of the Brazilian Amazon, Belém is in a frenzy to secure accommodation ahead of ...; Yim Kwangsoo Correspondent 2025.04.09

Puerto Williams Bolsters Cruise Infrastructure as Antarctic Tourism Booms: PUERTO WILLIAMS, CHILE – In a strategic move to capitalize on the burgeoning Antarctic cruise tourism sector, the Chilean ou ...; Graciela Maria Reporter 2025.04.09

Paraguay Announces Elevated Highway Project in Luque, Expanding Existing Road Contract: Asunción, Paraguay – The Paraguayan government has officially unveiled its plans to construct an elevated urban highw ...; Desk 2025.04.09

Singapore Warns Trump's Tariffs Signal End of Free Trade Era, "Catastrophic" for Small States: Singapore - Singapore has issued a stark warning that US President Donald Trump's imposition of tariffs could ignite a global trad ...; Desk 2025.04.08

UK and Singapore Leaders Warn Against Trade War, Discuss Enhanced Cooperation: Singapore - British Prime Minister Keir Starmer and Singaporean Prime Minister Lawrence Wong held a telephone call on April 7, 202 ...; Desk 2025.04.08

Singapore Navigates Trump Tariffs with Multi-Pronged Approach: Washington/Singapore - Singapore is exploring various avenues to respond to the tariffs imposed globally by US President Donald Tr ...; Hannah Yeh Reporter 2025.04.08

Governance Risks Plague Indonesia's New Sovereign Wealth Fund, Danantara: JAKARTA, INDONESIA – Indonesia's newly established sovereign wealth fund, Danantara Anagata Nusantara Investment Management ...; KO YONG-CHUL Reporter 2025.04.08

Indonesia Embraces Technology for Transparency in Smart Governance Push: Majalengka, West Java – Indonesian President Prabowo Subianto has issued a strong call to action, emphasizing the pivotal ro ...; Eugenio Rodolfo Sanabria Reporter 2025.04.08

South Korean Giants Samsung and LG Deploy AI-Powered Televisions in Strategic Counteroffensive Against Chinese Low-Cost TV Market: SEOUL, SOUTH KOREA – In a determined effort to maintain their dominance in the premium television market amidst a growing in ...; Desk 2025.04.07

SK E&S Electric Link Secures Seoul's EV Fast-Charging Project for Unprecedented Fifth Year: SEOUL, SOUTH KOREA – SK E&S Electric Link, a prominent leader in South Korea's burgeoning electric vehicle (EV) charging ...; KIM YOUNG MIN 2025.04.07

Seoul Mayor Unveils Sweeping Deregulation Package to Enhance Citizen Convenience and Economic Activity: SEOUL, SOUTH KOREA – The Seoul Metropolitan Government, under the leadership of Mayor Oh Se-hoon, today announced a signific ...; Yim Kwangsoo Correspondent 2025.04.07

Seoul Invests in Sustainable Design, Offering Global Market Access to 20 Selected Firms: SEOUL, SOUTH KOREA – In a significant move to champion environmentally and socially conscious innovation, the Seoul Metropol ...; ONLINE TEAM 2025.04.07