Global Economic Times

2026.06.05 (Fri)
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Tesla and BYD Penetrate South Korea’s Stronghold as Domestic Auto Sales Stumble

SEOUL — South Korea’s once-impregnable domestic automotive market is facing a profound disruption. Long dominated by powerful homegrown giants, the local industry is witnessing an aggressi
SAMSUNG D AND LGD CLASH IN TAIWAN: THE BATTLE FOR NEXT-GEN GAMING OLED DOMINANCE

TAIPEI — South Korea’s leading display giants, Samsung Display and LG Display, are locked in a fierce technological battle in Taiwan, the heart of the global IT hardware industry. Ahead of

Online Automotive Trading Surges 155% in South Korea as Tesla Deliveries Accelerate E-Commerce Shift

SEOUL — South Korea's e-commerce market has achieved an unprecedented milestone, expanding its reach deep into heavy industrial consumer goods as automotive transactions spike. Driven primar

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Anseong City Expects to Solve Commuting Difficulties for Workers and Revitalize the Local Economy by Operating Free Commuter Buses in Donghang Industrial Complex: Anseong City will begin operating free commuter buses for workers in the Donghang and Donghang 2 General Industrial Complexes star ...; Kim Sungmoon Reporter 2025.05.31

Anseong City Successfully Penetrates Hungarian Market, Securing Export Channels to Europe: Anseong City has taken a significant step toward developing the Eastern European market. In collaboration with the Gyeonggi Provin ...; Hwang Sujin Reporter 2025.05.31

Pyeongtaek City's Successful Export Consultation in Eastern Europe Signals Green Light for SME Global Expansion: Pyeongtaek City has successfully held an export consultation in Eastern Europe, marking a significant step in helping small and me ...; Yim Kwangsoo Correspondent 2025.05.31

Ansan City to Revitalize Local Economy by Discovering "Unique Restaurants": Ansan City has begun accepting recommendations for hidden local restaurants until June 10th. The "Ansan's Best Restaurants" select ...; Hwang Sujin Reporter 2025.05.31

Suwon City Recruits Participants for '2025 Suwon Business IR Day Suwon PANN' 5th Cohort, Accelerating the Nurturing of Innovation-Based Startups: Suwon Special City – Suwon Special City announced on the 29th that it is recruiting companies to participate in the 5th coho ...; Kim Sungmoon Reporter 2025.05.31

Papasa Celebrates 50th Anniversary, Reaches New Heights as 'Adium': Pioneer of Paraguay's Pharmaceutical Industry Leads Latin American Market with Innovation and Integration: Asunción, Paraguay – May 29, 2025, Papasa, a long-standing pharmaceutical company in Paraguay, officially announced i ...; Ana Fernanda Reporter 2025.05.30

Unilever Professional Leads Paraguayan Gastronomic Industry with Institutional Hygiene Solutions: Unilever Professional, the specialized business unit of global company Unilever, is making a significant impact on the Paraguayan ...; Yim Kwangsoo Correspondent 2025.05.30

Daejeon City Signs Agreements with 22 Defense Venture Companies: Daejeon City and the Daejeon Defense Venture Center held an agreement signing ceremony on May 27 at the Daejeon Technopark Eoullim ...; KO YONG-CHUL Reporter 2025.05.30

Summer Season Customized Public Safety Measures Promoted by South Chungcheong Provincial Autonomous Police Committee: First, the meeting discussed crime prevention measures in preparation for the increase in visitors to West Coast beaches during th ...; Global Economic Times Reporter 2025.05.30

"Supporting Shared Growth for Korean and Indonesian Businesses": Chungnam Province Governor Kim Tae-heum, on his first official schedule during his trip to Indonesia, met with businesspeople and ...; KO YONG-CHUL Reporter 2025.05.30

Chungnam Province Strengthens Environmental Cooperation with Chinese Local Governments, Leading International Collaboration in the Carbon Neutral Era: Chungcheongnam-do (Chungnam Province) is significantly strengthening its environmental cooperation with China's Shandong and Jiang ...; HONG MOON HWA Senior Reporter 2025.05.30

'Delicious Trip, Cheonan' Restaurant Map Expected to Drive Local Economic Revitalization: Cheonan City is boosting expectations for local economic revitalization by producing and distributing the 'Delicious Trip, Cheonan ...; KO YONG-CHUL Reporter 2025.05.30

MercadoLibre (MELI) Reports Strong Q1 Performance, Driven by Robust Revenue Growth in Argentina: MercadoLibre (MELI), the Latin American e-commerce and fintech giant, announced strong first-quarter results for 2025, buoyed by s ...; Yim Kwangsoo Correspondent 2025.05.29

Travel Industry Eyes Central Asia as 'New Blue Ocean,' Driven by Direct Flights and Unique Experiences: This year, Central Asia has rapidly emerged as a new dark horse in the travel industry. This is due to the aggressive expansion of ...; Ana Fernanda Reporter 2025.05.29

Chungnam Provincial University's Hotel Culinary and Baking Department Achieves 'Most Awards' at International Culinary Competition: Chungnam Provincial University's Hotel Culinary and Baking Department has once again proven its standing as a prestigious departme ...; HONG MOON HWA Senior Reporter 2025.05.28

Ideal Systems Acquires Singaporean Pro Audio Company Control Logic Systems: Singapore – Ideal Systems, a leading AV and broadcast systems integrator in Asia, has acquired Control Logic Systems (CLS), ...; Desk 2025.05.28

Cebu Pacific Wet Leases Two Aircraft to Saudi flyadeal During Off-Peak Season: Seoul, Republic of Korea – Philippine low-cost carrier Cebu Pacific (PSE: CEB) announced on the 28th that it will wet lease ...; Desk 2025.05.28

Philippines-India: Direct Flights and Visa Easing Expected to Boost Tourism: Manila, Philippines – The Philippines and India are on the cusp of a groundbreaking advancement in tourism and aviation, tha ...; Graciela Maria Reporter 2025.05.28

Dave & Buster's Breaks Ground on First Philippines Location; Accelerates Global Expansion: Dave & Buster's, the leading American 'Eatertainment' brand, has broken ground on its first location in Manila, Philippines. T ...; Desk 2025.05.28

Paraguay Accelerates Beef Exports to Japan: Can it Overcome the Strict Japanese Market Threshold?: Asuncion, Paraguay – Paraguay is fast-tracking its preparations to enter the notoriously strict Japanese beef market. Julio ...; Hwang Sujin Reporter 2025.05.28