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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Santander Sells Seven Pennsylvania Branches to Community Bank: ROCHESTER, NY – Spanish financial giant Santander has agreed to sell seven of its branches in the Allentown area of Pennsylv ...; Yim Kwangsoo Correspondent 2025.06.27

Dongducheon City Establishes Historic Sister City Relationship with Palisades Park, NJ, Laying Foundation for Mutual Development and Cooperation: Dongducheon City (Mayor Park Hyeong-deok) has expanded its global cooperation network by officially establishing a sister city rel ...; KO YONG-CHUL Reporter 2025.06.27

LG Electronics North American Headquarters in New Jersey, Opening New Horizons for 'Private Sector Technology Diplomacy': LG Electronics' North American headquarters, located in Englewood Cliffs, New Jersey, USA, is emerging as more than just a corpora ...; Eunsil Ju Reporter 2025.06.27

Waymo, Partnering with Uber, Launches Robotaxi Service in Atlanta… Intensifying Competition in the Autonomous Driving Market: Waymo, a subsidiary of Google, has officially launched its robotaxi service in Atlanta, Georgia, in cooperation with ride-sharing ...; Eunsil Ju Reporter 2025.06.27

Chuncheon City Forges Partnership with Annapolis, USA, for Urban Diplomacy and Educational Cooperation, Bolstering Global Standing: Chuncheon City has solidified its position as a global city for educational cooperation by signing two significant international e ...; Kim Sungmoon Reporter 2025.06.27

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