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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Minor Hotels to Launch Luxury NH Collection Hotel in Asunción, Paraguay: ASUNCIÓN, Paraguay – Global hospitality group Minor Hotels has announced its entry into the Paraguayan market with pl ...; KO YONG-CHUL Reporter 2025.03.28

Bitfarms Completes Sale of Paraguay Data Center, Accelerating North American Business Restructuring: TORONTO, ONTARIO – Bitfarms Ltd. (NASDAQ/TSX: BITF), a global Bitcoin mining and vertically integrated data center company, ...; KO YONG-CHUL Reporter 2025.03.28

Peru Strengthens Strategic Economic Cooperation with Paraguay: Trade Mission to Asunción on April 8-9: Peru is actively working to strengthen its strategic economic cooperation with Paraguay. The Peruvian Embassy in Paraguay has anno ...; KO YONG-CHUL Reporter 2025.03.28

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