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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Belgium's BEL 20 Index Dips Amid Sectoral Declines: Brussels, Belgium – The Belgian stock market, represented by the BEL 20 index, experienced a slight downturn at the close of ...; Pedro Espinola Special Correspondent 2025.03.23

Uttar Pradesh Farmers Achieve Milestone with Jaggery Export to Bangladesh: Muzaffarnagar, Uttar Pradesh, India – In a significant boost to India’s agricultural export sector, Uttar Pradesh has ...; Pedro Espinola Special Correspondent 2025.03.23

Gulf Air to Reintroduce Direct Flights to Nairobi, Enhancing Middle East-East Africa Connectivity: MANAMA, BAHRAIN – Gulf Air, Bahrain’s national carrier, has announced the launch of direct flights to Nairobi’s ...; Ana Fernanda Reporter 2025.03.23

Azerbaijan's Alcohol Exports Surge by Nearly 11% Amid Rising Consumer Demand: Baku, Azerbaijan - Azerbaijan has witnessed a significant uptick in its alcohol export sector, with revenues climbing by nearly 11 ...; KO YONG-CHUL Reporter 2025.03.23

Argentina's Beef Industry Faces Crisis Amid Economic Challenges: A combination of factors, including a lagging dollar, export duties, historically high cattle prices, and a stagnant international ...; Eugenio Rodolfo Sanabria Reporter 2025.03.23

Argentina's Poultry Industry Poised for Growth Through Enhanced Welfare Standards: Argentina is a significant poultry producer in Latin America, with an estimated production of 2.4 million metric tons of chicken m ...; Eugenio Rodolfo Sanabria Reporter 2025.03.23

Hanwha Aerospace Shares Plunge Following $3.6 Billion Capital Increase Decision: Hanwha Aerospace's stock price plunged 15.37% (111,000 won) to 611,000 won on the morning of March 21, following the company's dec ...; Desk 2025.03.21

Vietnam-Singapore Trade Continues Strong Growth Momentum in Early 2025: According to Enterprise Singapore (ESG), trade between Vietnam and Singapore continued its strong growth momentum in early 2025, i ...; Eugenio Rodolfo Sanabria Reporter 2025.03.21

Relentless Rise in Egg Prices: Senate to Summon Sedeco: With less than a month left until Easter, egg prices in some supermarkets remain at exorbitantly high levels without apparent just ...; Eugenio Rodolfo Sanabria Reporter 2025.03.21

Daejeon City Offers 1% Low-Interest Loans to Food Hygiene Businesses: Daejeon City is utilizing 200 million won from the Food Promotion Fund to provide low-interest loans at an annual rate of 1% to al ...; KO YONG-CHUL Reporter 2025.03.21

Daejeon City, A Business-Friendly City, Secures 51.2 Billion Won in Investments: - Signs Agreements with 6 Promising Domestic Companies… Creating Over 167 Jobs -- Since the Launch of the 8th Popularly Ele ...; KO YONG-CHUL Reporter 2025.03.21

Paraguay Pioneers African Market with Historic Live Cattle Export to Morocco: Asuncion, Paraguay – Paraguay has embarked on a groundbreaking venture, initiating its inaugural live cattle export to Moroc ...; Yim Kwangsoo Correspondent 2025.03.20

Paraguay Gains Access to Israeli Lamb Market: Asunción, Paraguay – Paraguay's lamb industry is poised for growth following Israel's decision to permit the import o ...; Pedro Espinola Special Correspondent 2025.03.20

Argentina's Clothing Prices Soar, Outpacing Regional Neighbors: Buenos Aires, Argentina – A recent report by consulting firm Focus Market has revealed that Argentina's clothing prices are ...; ONLINE TEAM 2025.03.20

Paraguay's Industries Advance Towards Sustainability with EU's Al Invest Verde Support: Asunción, Paraguay – The Paraguayan Industrial Union (UIP), with backing from the European Union's Al Invest Verde pr ...; Yim Kwangsoo Correspondent 2025.03.20

Online Mileage Trading: Convenience vs. Risks: Paris, France – As anticipation builds for the 2024 Paris Olympics, travelers are exploring various avenues to secure afford ...; Pedro Espinola Special Correspondent 2025.03.20

Jeju Air Launches New Direct Route from Singapore to Seoul: New Route: Singapore (Changi Airport) to Seoul (Incheon Airport)Launch Date: July 25, 2025Frequency: Daily round-trip flightsFligh ...; Eugenio Rodolfo Sanabria Reporter 2025.03.20

Hyundai Tucson Nears 10 Million Global Sales, First SUV Milestone: Seoul, South Korea – Hyundai's Tucson compact SUV is on track to achieve a significant milestone, nearing 10 million cumulat ...; Hee Chan Kim Reporter 2025.03.20

Asiana Airlines to Launch Mileage-Exclusive Flights to US Routes: Seoul, South Korea – Asiana Airlines has announced it will launch mileage-exclusive flights to its popular US routes, provid ...; Yim Kwangsoo Correspondent 2025.03.20

KT, KEPCO, and Seoul National University Partner to Develop AI for the Power Industry: Seoul, South Korea – KT Corporation has announced a strategic partnership with Korea Electric Power Corporation (KEPCO) and ...; Desk 2025.03.20