Global Economic Times

2025.10.21 (Tue)
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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
South Korean Department Store Industry Intensifies Competition for AI-Based 'Hyper-Personalized' Shopping

The South Korean department store industry is accelerating the development of 'hyper-personalized' custom services using Artificial Intelligence (AI). Leading this trend, Hyundai Department St

From Formal to 'Fine-Casual': Asia Pacific Embraces Culinary Comfort and Experience

SEOUL, South Korea — A seismic shift is underway in the Asia Pacific dining scene, with traditional fine dining making way for a trend dubbed "casual luxury." This is the core findin

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GC Cell Strengthens Cooperation with Maryland, USA…Secures Foothold to Lead Global Bio Market: GC Cell (formerly Green Cross Cell), a company specializing in cell therapy, signed a Memorandum of Understanding (MOU) on investm ...; Sharon Yoon Correspondent 2025.06.27

BBQ Opens 2nd Store in Indiana, USA, Accelerating North American Market Expansion: GENESIS BBQ Group has successfully opened its second store in Carmel, Indiana, accelerating its expansion into the North American ...; Hannah Yeh Reporter 2025.06.27

LG Energy Solution Michigan Plant Opens First US LFP ESS Battery Production… Laying Cornerstone for US Energy Self-Reliance: HOLLAND, Mich. – LG Energy Solution has begun large-scale mass production of lithium iron phosphate (LFP) batteries for ener ...; Eunsil Ju Reporter 2025.06.27

Paraguay to Fully Revamp Renewable Energy Law to Attract Private Investment: The Paraguayan Electricity Administration (ANDE) is pushing for a new bill to completely overhaul the existing Renewable Energy La ...; Eugenio Rodolfo Sanabria Reporter 2025.06.27

EU-Paraguay Investment Forum: Success in Attracting European Investment for Sustainable Projects: On the second day of the 2nd EU-Paraguay Investment Forum, held on June 25th at the Central Bank of Paraguay, Paraguay successfull ...; Eugenio Rodolfo Sanabria Reporter 2025.06.27

Atinum Partners Establishes Singapore-Based Fund for Domestic VC Investment, Creating a Bridgehead for Southeast Asian Capital Attraction: Lee Seung-yong, CEO of Atinum Investment, is establishing a fund in Singapore to invest in domestic venture capital (VC) firms, th ...; Hwang Sujin Reporter 2025.06.24

Grab Philippines Pioneers Drone Delivery Era: Opening New Horizons for Metro Manila Traffic Alleviation: MANILA, Philippines – Grab, a leading super app company in Southeast Asia, has ushered in a new era of logistics innovation ...; Eugenio Rodolfo Sanabria Reporter 2025.06.24

Gokseong Melon, Captivating Global Palates: Dreaming of the K-Melon Takeoff: Gokseong Melon, a representative specialty product of Gokseong County, Jeollanam-do, is embarking on its first overseas export thi ...; Desk 2025.06.24

Gaming, Beauty, Food… The K-Tourism Craze That Captivated Vietnam: The 2025 Korea Travel Festa, Which Heated Up Ho Chi Minh City, Concludes Successfully: As the global influence of Korean cultural content continues to grow, the '2025 Korea Travel Festa' hosted by the Korea Tourism Or ...; Global Economic Times Reporter 2025.06.23

Shinhan DS and TmaxSoft Collaborate to Pioneer New Markets, K-Software's Full-Fledged Entry into Vietnam: The South Korean software industry is accelerating its expansion into Vietnam, a key market in Southeast Asia. The strategic partn ...; Eugenio Rodolfo Sanabria Reporter 2025.06.23

Fubon Financial's Full-Fledged Entry into Korean Banking Market Signals New Era: Taipei Fubon Commercial Bank (Fubon Bank), part of Taiwan's largest financial group, Fubon Financial, is set to make a full-fledge ...; Ana Fernanda Reporter 2025.06.23

Donghae Gears Up to Attract Taiwanese Tourists, Aiming to Become a Hub for Extended Stays: The Donghae Cultural Tourism Foundation has successfully concluded a familiarization tour for major Taiwanese travel agencies, aim ...; Desk 2025.06.23

Korea-Taiwan Tourism: A New Leap Towards the 3 Million Era: The Korea Association of Travel Agents (KATA) and the Taiwan Visitors Association (TVA) gathered in Mokpo, Jeollanam-do, with the ...; KO YONG-CHUL Reporter 2025.06.23

"Busan Travel OK with LINE Pay!" Boost for Busan Tourism with Customized Services for Taiwanese Tourists: The Korea Tourism Organization (KTO), in collaboration with the Busan Tourism Organization, LINE Pay Taiwan, and key tourism busin ...; Hwang Sujin Reporter 2025.06.23

HSBC Strengthens Singapore Wealth Management Team with Appointment of Ishan Sarkar as New Head: HSBC is set to enhance its wealth management leadership in Singapore with the appointment of Ishan Sarkar as Head of Wealth and Pr ...; ONLINE TEAM 2025.06.23

SGX Breaks Down Overseas Investment Barriers: Explosive Growth and New Opportunities in the SDR Market: The Singapore Exchange (SGX) is injecting new vitality into the Singapore Depository Receipts (SDR) market. On June 23, SGX listed ...; Hee Chan Kim Reporter 2025.06.23

Raffles Singapore: The Secret to a Super Luxury Hotel Forged by Long History and Innovation: Singapore – Raffles Singapore, a mecca of the hospitality industry and a must-visit for every hotelier, is more than just an ...; Hwang Sujin Reporter 2025.06.23

The Standard, Singapore Captivates with Design: A Magnet for Creative Souls and Social Media Attention: A new wave is sweeping through Singapore's hotel industry. The Standard, Singapore, which opened to fervent interest after its sof ...; Hwang Sujin Reporter 2025.06.23

Bucheon City Successfully Concludes Training for Public Officials from Developing Countries, Opening a New Horizon for International Cooperation: The 2025 Local Administration Training program for developing countries, aimed at disseminating exemplary cases of South Korean lo ...; Hwang Sujin Reporter 2025.06.23

Foreign Investment Attraction and Business Growth: Legal Stability and Strategic Choices: On June 22, 2025, Jackson Schneider, one of the most influential figures in the South American business community, provided an in- ...; Greace Nunez Correspondent 2025.06.23

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