Global Economic Times

2025.10.23 (Thu)
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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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Digital Realty Achieves 100% Renewable Energy Use Across Singapore Operations: SINGAPORE – Digital Realty, a global provider of cloud- and carrier-neutral data centers, connectivity, and colocation solut ...; Desk 2025.03.28

HDI Global SE Reports Growth in Both Revenue and Profit for 2024; Singapore Branch Contributes to Asia Pacific Growth: Singapore – HDI Global SE, a specialist in industrial and specialty insurance, has announced positive financial results for ...; Desk 2025.03.28

Singapore Remains Southeast Asia's Leading Tech Investment Market Despite Venture Investment Decline: Singapore maintained its position as the most active tech investment market in Southeast Asia in 2024, but venture capital (VC) de ...; Ana Fernanda Reporter 2025.03.28

Singapore: From Colonial Trading Post to Global Financial Hub – The Growth Story of Major Banks: Singapore's banking industry has grown from the establishment of its first banks in the mid-19th century to its current status as ...; KO YONG-CHUL Reporter 2025.03.28

Pomelo Group Acquires Singapore-Based Payment Infrastructure Company Arrow Checkout: Singapore-based payment infrastructure platform company Pomelo Group has announced the acquisition of Arrow Checkout, a Singapore- ...; Eugenio Rodolfo Sanabria Reporter 2025.03.28

Japan's Rapidus Partners with Singapore's Quest Global for AI Semiconductor Collaboration…Accelerating 2nm Process Development: Tokyo, Japan - Japan's national semiconductor company, Rapidus Corp, and Singapore-based engineering services provider Quest Globa ...; KO YONG-CHUL Reporter 2025.03.28

Domino Effect of Fuel Price Cuts: Private Refineries Join State-Owned Petropar's Initiative: As expected, private refineries have also decided to lower their fuel prices, following the lead of the state-owned oil company Pe ...; Graciela Maria Reporter 2025.03.28

Farmacenter Implements 'F Day Full' Offering Up to 50% Discount for All Customers: Farmacenter, Paraguay's leading pharmacy chain, is launching a new and innovative discount event called 'F Day Full' to promote th ...; Ana Fernanda Reporter 2025.03.27

Hyundai Motor Group held a groundbreaking ceremony for Metaplant America.: Hyundai Motor Group is establishing a state-of-the-art manufacturing innovation hub in the United States, one of the world's large ...; KO YONG-CHUL Reporter 2025.03.27

Daejeon Boosts Support for Small Businesses with Enhanced 'Self-Employment Doctor' Program: DAEJEON, SOUTH KOREA - Daejeon Metropolitan City has announced a significant expansion of its 'Self-Employment Doctor System' for ...; HONG MOON HWA Senior Reporter 2025.03.26

Chungnam Center for Creative Economy and Innovation to Support Local Businesses in Entering the Thai Market: CHUNGNAM, South Korea – The Chungnam Center for Creative Economy and Innovation (Chungnam CCEI) has announced a call for app ...; HONG MOON HWA Senior Reporter 2025.03.26

Singapore-Rotterdam Enhance Green and Digital Shipping Collaboration: The Maritime and Port Authority of Singapore (MPA) and the Port of Rotterdam Authority have signed a cooperation agreement to furt ...; Hwang Sujin Reporter 2025.03.26

Singapore-Vietnam Explore Semiconductor Industry Cooperation as Vietnam Emerges as Next Growth Engine: As Singapore and Vietnam emerge as rising powers in the semiconductor industry, they are exploring new growth opportunities throug ...; KO YONG-CHUL Reporter 2025.03.26

Specialist Risk Group Launches Asia Pacific Hub in Singapore, Backed by Major Investors: SINGAPORE, March 25, 2025 – Specialist Risk Group (SRG), a prominent insurance intermediary, has officially announced the es ...; Graciela Maria Reporter 2025.03.26

Singapore Gears Up for Future Facing Commodities Conference: SINGAPORE – The highly anticipated Future Facing Commodities Conference (FFC) is set to return for its third annual edition ...; Hwang Sujin Reporter 2025.03.26

Singapore Insurance Agent's Bold Move: Investing in a Used Car as a Symbol of Success: SINGAPORE - In a city-state where owning a car is a luxury, Andre Li, a 33-year-old insurance agent, has made a striking investmen ...; KO YONG-CHUL Reporter 2025.03.25

Philippines Accelerates Offshore Wind Development with Batangas Port Agreement: MANILA, Philippines – The Philippine National Oil Company (PNOC) has taken a significant step in boosting the country's offs ...; Graciela Maria Reporter 2025.03.25

BBVA Mexico Closes Dormant Accounts, Sparking Concern Among Customers: MEXICO CITY – BBVA customers in Mexico are facing unexpected account closures as the banking giant implements measures to co ...; Global Economic Times Reporter 2025.03.25

Xiaomi Challenges Giants in Japan's Smartphone Market with Offline Expansion: Xiaomi has made significant strides in the Japanese smartphone market, traditionally a challenging territory for Chinese brands, b ...; Eugenio Rodolfo Sanabria Reporter 2025.03.25

X Corp. Sues Indian Government Over Online Censorship, Testing Musk-Modi Relations: NEW DELHI/WASHINGTON D.C. – In a move that raises questions about the delicate balance between business interests and govern ...; KO YONG-CHUL Reporter 2025.03.25