Global Economic Times

2025.10.22 (Wed)
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Kia Inaugurates New CKD Plant in Kazakhstan, Accelerating Global Supply Chain Diversification

Kostanay, Kazakhstan — Kia Corporation officially opened its second Complete Knock-Down (CKD) joint assembly plant in Kostanay, Kazakhstan, on October 21, 2025, marking a significant step in div
Gmarket Challenges E-Commerce Leaders Coupang and Naver with 700 Billion Won Investment and Alibaba Synergy

Gmarket, now a subsidiary of the joint venture (JV) between Shinsegae Group and Alibaba Group, has unveiled an ambitious plan to inject 700 billion won (approximately $492 million) into its operations

Kering Sells Beauty Division to L'Oréal for €4 Billion Amid Gucci Slump

Paris – French luxury conglomerate Kering, owner of major brands including Gucci, Bottega Veneta, and Balenciaga, has announced the sale of its beauty business to French cosmetics giant L'Or

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K-Beauty Dominates the Vietnamese Market, Surpassing $300 Million in Imports and Holding an Overwhelming First Place: In recent years, Korean cosmetics, known as 'K-Beauty,' have maintained unwavering popularity in the Asian beauty market. Armed wi ...; HONG MOON HWA Senior Reporter 2025.04.05

Paraguay Tax Authority Announces April Deadlines for IRE General Tax and Updates Tourism Shopping Regulations: Asunción, Paraguay - Paraguay's National Tax Directorate (DNIT) has announced that April 2025 is the deadline for taxpayers ...; Ana Fernanda Reporter 2025.04.04

Paraguay and Brazil Express 'Equal' Interest in Itaipu Treaty Annex C Negotiations, Talks Halted Amid Cyber Espionage Allegations: Bucheon, South Korea - Paraguay's Minister of Industry and Commerce (MIC), Javier Giménez, has asserted that Paraguay and B ...; Eugenio Rodolfo Sanabria Reporter 2025.04.04

Itaú Bank Unveils 'Itaú Ticket', Bridging the Gap in Digital Payments in Paraguay: ASUNCIÓN, Paraguay - In a significant move aimed at bolstering financial inclusion and streamlining payment processes, Ita& ...; Desk 2025.04.04

Paraguay Aims to Double Beef Consumer Base with Southeast Asia Export Drive: ASUNCIÓN, Paraguay – Paraguay is aggressively pursuing the expansion of its beef exports into the burgeoning Southeas ...; Ana Fernanda Reporter 2025.04.04

Man Group and Endowus Partner to Offer Credit Products in Hong Kong and Singapore: SINGAPORE - Global investment management firm Man Group has announced a partnership with Endowus, a Singapore-based digital wealth ...; Pedro Espinola Special Correspondent 2025.04.03

Paraguay River Shipping Disruptions Impact Argentine Soy Processors: ROSARIO, Argentina - Barge traffic carrying Paraguayan soybeans to Rosario, Argentina, faced delays on Tuesday (April 1st) due to ...; KO YONG-CHUL Reporter 2025.04.03

Lotte Mart Steps into the Future of Grocery Shopping with AI-Powered 'Zeta' App: SEOUL, South Korea – Lotte Mart, a major South Korean retailer, has officially launched its dedicated online grocery shoppin ...; Desk 2025.04.03

Amazon Enters Late Bid for TikTok Amidst U.S. Scrutiny and Political Intrigue: Seoul, South Korea – In a dramatic late entry to the ongoing saga surrounding the potential acquisition of TikTok's U.S. ope ...; KO YONG-CHUL Reporter 2025.04.03

High Tariffs on Vietnam and Thailand Plants Hit Smartphone and Appliance Industries Hard: Seoul, South Korea - South Korean smartphone and home appliance giants are facing an emergency as U.S. President Donald Trump anno ...; Desk 2025.04.03

Seoul Simplifies E-Receipt Adoption, Rewards Eco-Conscious Consumers: SEOUL, South Korea – In a move aimed at fostering environmental sustainability and reducing paper waste, the Seoul Metropoli ...; Hwang Sujin Reporter 2025.04.03

Hyundai Department Store Amplifies K-Brand Presence in Japan with Expanded 'The Hyundai Global' Pop-Ups: SEOUL, South Korea (April 3, 2025) – Hyundai Department Store is significantly bolstering its efforts to introduce and solid ...; Hwang Sujin Reporter 2025.04.03

US Tariffs Send Shockwaves Through South Korean Food and Apparel Industries: Seoul, South Korea - The South Korean food and apparel sectors are bracing for potential fallout after the United States announced ...; Desk 2025.04.03

Woori Financial Celebrates 24th Anniversary with 'We Are All Woori' Event Focused on Sharing and Inclusivity: CHEONAN-SI, SOUTH KOREA – April 3, 2025 – Woori Financial Group today marked its 24th anniversary with a meaningful ce ...; KO YONG-CHUL Reporter 2025.04.03

Singapore Greenlights Poultry Imports from Vietnam, Marking Trade Milestone: HANOI & SINGAPORE – In a significant development for agricultural trade between Southeast Asian nations, the Singapore F ...; Hwang Sujin Reporter 2025.04.02

SUSHIRO Singapore Teams Up with Monster Hunter for Exclusive Themed Event: Singapore – Get ready, Hunters! SUSHIRO Singapore has announced an exciting collaboration with the globally popular Monster ...; KO YONG-CHUL Reporter 2025.04.02

Sembcorp Solidifies Role as Key Pillar in Singapore-Vietnam Economic Ties with Northern Expansion: Haiphong, Vietnam – Sembcorp, a leading energy and urban development group, continues to deepen its long-standing contributi ...; Eugenio Rodolfo Sanabria Reporter 2025.04.02

Sony Singapore Embraces Crypto Payments, Hints at Broader Web3 Integration: Singapore – April 2, 2025 – Sony Electronics Singapore has announced that customers can now purchase electronics and g ...; KO YONG-CHUL Reporter 2025.04.02

LG Electronics Powers Singapore's Mega Logistics Hub with Ultra-Efficient HVAC Solutions: SEOUL, SOUTH KOREA – LG Electronics (LG) has announced its successful deployment of advanced heating, ventilation, and air c ...; Ana Fernanda Reporter 2025.04.02

Bar Nacional: Asunción's Most Iconic Corner Revived: ASUNCIÓN, Paraguay – Bar Nacional has reopened its doors in the heart of Asunción's historic district. This ne ...; KO YONG-CHUL Reporter 2025.04.02