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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Uzbekistan and Pakistan Forge Ahead with Strategic Partnership, Targeting $2 Billion in Trade by 2029: Tashkent, Uzbekistan – In a significant stride towards deepening regional economic integration, Uzbekistan and Pakistan are ...; Yim Kwangsoo Correspondent 2025.03.16

Vietnam Establishes Criteria to Evaluate Foreign Investment Effectiveness: The Vietnamese government's recent publication of criteria to assess the effectiveness of foreign investment in Vietnam will contr ...; Pedro Espinola Special Correspondent 2025.03.16

Lotte Shopping Sees Vietnam as Top Overseas Market, Despite Operating Loss in 2024: SEOUL, South Korea – Lotte Shopping, a retail giant under the South Korean conglomerate Lotte, has revealed its 2024 perform ...; Ana Fernanda Reporter 2025.03.16

Vietnam's Smart Door Lock Market Poised for Strong Growth by 2025: The smart door lock market in Vietnam is projected to experience robust growth by 2025, driven by increasing consumer demand for e ...; Eugenio Rodolfo Sanabria Reporter 2025.03.16

U.S. Business Giants Flock to Vietnam Amid Trade Tensions: HANOI – A high-profile delegation of over 60 U.S. corporate leaders, representing sectors from technology to defense and ene ...; Graciela Maria Reporter 2025.03.16

Vietnam Explores Flexible Approach to Financial Center Development: HANOI – Vietnam is considering a flexible strategy for developing its financial centers, rather than making a rigid choice b ...; Graciela Maria Reporter 2025.03.16

Vietnam Confiscates Chinese Dolls Bearing Disputed 'Nine-Dash Line' Image: HANOI – Vietnamese authorities have moved swiftly to confiscate Chinese-made dolls found to feature an image resembling the ...; Ana Fernanda Reporter 2025.03.16

Convenience Store Kimbap: Popular Amidst Economic Downturn, But High Sodium Content Raises Health Concerns: Recently, as consumers increasingly opt for convenience store kimbap due to the economic downturn, sales of convenience store kimb ...; Global Economic Times Reporter 2025.03.16

LG and Samsung Dominate Consumer Reports' 2025 Refrigerator and Laundry Rankings: New York, NY – LG Electronics and Samsung Electronics have once again demonstrated their dominance in the U.S. home applianc ...; Eunsil Ju Reporter 2025.03.16

LG U+ Opens Sports Merchandise Specialty Store Ahead of Baseball Season: SEOUL – LG U+ has launched a new offline store dedicated to sports merchandise, just in time for the professional baseball s ...; Hwang Sujin Reporter 2025.03.16

South Korean Middle and High School Students Spend an Average of 150,000 Won Monthly on Check Cards: According to a recent study, South Korean middle and high school students spend an average of approximately 150,000 won per month ...; ONLINE TEAM 2025.03.16

Starbucks Korea Hosts 'MD FESTA' with Up to 50% Off Cups and Tumblers: Starbucks Korea announced on the 16th that it will hold the 'MD FESTA' on online and offline channels until the 31st, offering up ...; Hwang Sujin Reporter 2025.03.16

Coupang Announces 'Spring Special Sale' with Up to 55% Off on Imported Products: Coupang announced on the 16th that it will hold the 'Coupang Imported Spring Special Sale' for a week from March 17th to 23rd. Dur ...; Min Gyu Mi Reporter 2025.03.16

OpenAI and SoftBank to Build Massive AI Data Center in Japan: Osaka, Japan - OpenAI, the creator of the groundbreaking AI chatbot ChatGPT, is set to significantly expand its presence in Japan ...; Eugenio Rodolfo Sanabria Reporter 2025.03.16

Korean Pet Food Exports Surge by 7% in 2023, Led by Japan and Asian Markets: South Korea's pet food exports experienced a significant surge in 2023, driven by strong growth in Japan and other Asian markets, ...; Hwang Sujin Reporter 2025.03.15

The All-New Volkswagen Golf Makes a Grand Debut in South Korea: Incheon, South Korea – On March 14th, at 10:20 AM, the Inspire Grand Ballroom in Yeongjongdo, Incheon, witnessed the spectac ...; Hwang Sujin Reporter 2025.03.15

Jeep Launches Nationwide Spring Test Drive Event with Exclusive Outdoor Gear and Financial Benefits: SEOUL, South Korea – Jeep, the iconic American SUV brand, is inviting adventure seekers and car enthusiasts to experience it ...; Global Economic Times Reporter 2025.03.15

Kia Revamps 'Kia Unplugged Ground' in Seoul, Enhancing Customer Experience with EV Lineup and Events: Seoul, South Korea – Kia has announced the completion of a major renovation of its 'Kia Unplugged Ground' in Seongsu-dong, S ...; Min Gyu Mi Reporter 2025.03.15

Nepal Emerges as Global Student Powerhouse, Attracting Worldwide University Attention: Kathmandu, Nepal – With over half its population under 25, Nepal has solidified its position as a major source of internatio ...; Eugenio Rodolfo Sanabria Reporter 2025.03.14

Morocco Launches Anti-Dumping Probe into Steel Wire Imports from Egypt and UAE: RABAT – The Moroccan Ministry of Industry and Trade has commenced an anti-dumping investigation into imports of galvanized s ...; ONLINE TEAM 2025.03.14