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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Asunción City Development Committee (Codeasu) Proposes Direct Passenger Subsidies to Solve Public Transportation Issues: ASUNCIÓN, PARAGUAY – Grappling with persistent public transportation problems, Asunción is exploring new solut ...; Yim Kwangsoo Correspondent 2025.07.04

El Salvador Opens its Market to Paraguayan Beef: Paraguayan beef is entering the Salvadoran market. The National Service of Animal Health and Quality (SENACSA) of Paraguay announc ...; Ana Fernanda Reporter 2025.07.04

Migone-Farmacenter Forge Strategic Alliance to Offer Exclusive Benefits: ASUNCION, Paraguay – Servicios Médicos Migone (SMM), a leading healthcare service provider in Paraguay, and Farmacent ...; Ana Fernanda Reporter 2025.07.04

Banks Accelerate Listings on Ho Chi Minh Stock Exchange: Recently, there's been an accelerating trend among Vietnamese banks to seek listings on the Ho Chi Minh Stock Exchange (HoSE). Thi ...; KO YONG-CHUL Reporter 2025.07.04

Shinhan Bank Successfully Concludes 'On-site Asset Management Conference' in Vietnam: Providing Customized Financial Solutions for Korean Residents and Local Businesses: Shinhan Bank successfully hosted the 'On-site Asset Management Conference in Vietnam' on June 26th and 27th in Ho Chi Minh City an ...; KO YONG-CHUL Reporter 2025.07.04

Cheonan City Pioneers Central and South American Markets… Pursues $240,000 in Contracts: Cheonan City announced on the 30th that it recently held export consultations in Panama and Guatemala, achieving $670,000 in expor ...; KO YONG-CHUL Reporter 2025.07.03

Filipino Food Giant Jollibee: Why It Covets Korean Brands: Jollibee Foods Corporation (JFC), the largest quick-service restaurant company in the Philippines, is aggressively pursuing Korean ...; Ana Fernanda Reporter 2025.07.03

Warantec Implants Launch Show in Vietnam and Sri Lanka Concludes Successfully, Accelerating Southeast Asian Market Penetration: WaranteC's "WaranteC Implant Launch Show," held on June 11th and 12th in Ho Chi Minh City and Hanoi, Vietnam, successfully conclud ...; Hwang Sujin Reporter 2025.07.03

MERCOSUR Certificate of Origin: Expected to Streamline and Enhance Export Procedures: The Paraguayan Ministry of Industry and Commerce (MIC) announced that starting July 18, it will be revising the certificate of ori ...; Yim Kwangsoo Correspondent 2025.07.02

Coupang Grapples with Recurring Pricing Glitches, Sparking Consumer Uproar: Seoul, South Korea – Coupang, a prominent e-commerce giant in South Korea, is once again embroiled in controversy following ...; Hwang Sujin Reporter 2025.07.02

World Brangus Congress to Showcase Excellence of Paraguayan Brangus Breed: The World Brangus Congress is set to take place in Paraguay in May 2028. This event is expected to be a significant opportunity to ...; Desk 2025.06.30

Paraguayan Private Banks Expand Loans to SMEs, Driving Economic Revitalization: Asunción, Paraguay – The Paraguayan private banking sector is actively investing in the development of micro, small, ...; Eugenio Rodolfo Sanabria Reporter 2025.06.30

US Tariffs Create Divergent Outlooks for South Korean Manufacturers: Seoul, South Korea – The Korea Chamber of Commerce and Industry (KCCI) announced on June 29 that its Business Survey Index ( ...; Desk 2025.06.29

Goseong Youth Hostel Completed After Six-Year Development Amidst Challenges: Goseong, Gyeongsangnam-do – The Goseong Youth Hostel, a project spearheaded by Goseong-gun to bolster its tourism and sports ...; Hwang Sujin Reporter 2025.06.29

Gochang County Inaugurates Fermentation and Food Industry Promotion Center, Poised to Become Kimchi Industry Hub: Gochang County, located within the newly established Jeonbuk Special Self-Governing Province, has marked a significant milestone i ...; Kim Sungmoon Reporter 2025.06.29

Gangwon Land Accelerates Central Asian Tourism Push with Key Partnerships: Gangwon Land, South Korea's premier integrated resort known for its casino and ski facilities developed on former mining lands in ...; Hee Chan Kim Reporter 2025.06.29

Meta Intensifies AI Talent Acquisition Amidst Superintelligence Pursuit, Drawing Top Researchers from OpenAI: In a burgeoning display of its aggressive push into artificial intelligence, Meta Platforms, the parent company of Facebook and In ...; Hannah Yeh Reporter 2025.06.29

Chungnam's excellent agricultural products now available nationwide at Lotte Mart.: Chungnam Province has partnered with Lotte Mart to expand sales channels for its excellent local agricultural products. The provi ...; Hwang Sujin Reporter 2025.06.29

Aero K Airlines Launches New Cheongju-Kitakyushu Route: First Regular Service Since Cheongju International Airport Opened: Aero K Airlines (CEO Kang Byung-ho), based at Cheongju International Airport, is set to expand its Japan routes with the launch of ...; KO YONG-CHUL Reporter 2025.06.29

Compose Coffee Partners with K-giant to Lead Digital Transformation in Coffee Franchise Industry: SEOUL, South Korea – Compose Coffee, a rapidly expanding coffee franchise, announced today the successful completion of the ...; Hwang Sujin Reporter 2025.06.27