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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Sony Singapore Embraces Crypto Payments, Hints at Broader Web3 Integration: Singapore – April 2, 2025 – Sony Electronics Singapore has announced that customers can now purchase electronics and g ...; KO YONG-CHUL Reporter 2025.04.02

LG Electronics Powers Singapore's Mega Logistics Hub with Ultra-Efficient HVAC Solutions: SEOUL, SOUTH KOREA – LG Electronics (LG) has announced its successful deployment of advanced heating, ventilation, and air c ...; Ana Fernanda Reporter 2025.04.02

Bar Nacional: Asunción's Most Iconic Corner Revived: ASUNCIÓN, Paraguay – Bar Nacional has reopened its doors in the heart of Asunción's historic district. This ne ...; KO YONG-CHUL Reporter 2025.04.02

Elon Musk Tops Forbes' 2025 World's Richest List, Close Ties with Trump Administration Noted: WASHINGTON, USA – Innovative technology entrepreneur and a key ally of the Donald Trump administration, Elon Musk, has recla ...; Sharon Yoon Correspondent 2025.04.02

Cheonan City Fully Promotes Youth Internship Program… Supports Practical Experience in Excellent Companies: Cheonan City announced on the 1st that it will fully promote its ‘Youth Internship Program’ this year. The city conne ...; HONG MOON HWA Senior Reporter 2025.04.02

Recruiting Participants for the 2025 Daejeon Public Data Utilization Startup Competition: Daejeon Metropolitan City is hosting the ‘2025 Daejeon Public Data Utilization Startup Competition’ to discover creati ...; HONG MOON HWA Senior Reporter 2025.04.01

Chungcheongnam-do Province Rolls Up Sleeves to Secure Designation as a 'Bio-Specialized Complex': Chungcheongnam-do Province held a 'Industry-Government-Academia Forum for Additional Designation as a National Advanced Strategic ...; HONG MOON HWA Senior Reporter 2025.04.01

Chungnam Intercity Bus Promotes 'Visit Chungnam Year' Nationwide: Chungnam Province announced on the 31st that, in celebration of the '2025-2026 Visit Chungnam Year' and to revitalize tourism and ...; HONG MOON HWA Senior Reporter 2025.04.01

Daejeon Metropolitan City Launches "Successful Startup with Data" Full Operation of the "Small Business Commercial District Analysis Service": Daejeon Metropolitan City will officially launch the "Small Business Commercial District Analysis Service" (https://golmok.djbea.o ...; HONG MOON HWA Senior Reporter 2025.04.01

Paraguay's Electric Vehicle Market Records 2.4% Share in 2024, Showing Growth: Paraguay, often considered one of South America's most enigmatic countries, is drawing attention for its remarkable growth in the ...; Graciela Maria Reporter 2025.04.01

MEDIAPRO Argentina, Uruguay, Paraguay Appoints Santiago Vila as CEO: Paraguay - After more than 25 years as CEO of MEDIAPRO Argentina, Uruguay, and Paraguay, José D'Amato will step down on Jan ...; KO YONG-CHUL Reporter 2025.04.01

Singapore's Temasek Takes a Bite of Indian Snack Giant Haldiram's with $1 Billion Stake: Singapore - Singapore's state-owned investment firm, Temasek, has made a significant move into India's burgeoning consumer market ...; Desk 2025.04.01

Trump Administration's Venezuela Sanctions Entangle Repsol as Equity Risk Soars: WASHINGTON D.C. – Spanish energy giant Repsol finds itself increasingly exposed to the volatile political and economic lands ...; ONLINE TEAM 2025.03.31

South Korea and Chile Explore Enhanced Cooperation on Critical Minerals: Santiago, Chile – South Korea and Chile have engaged in discussions aimed at strengthening their bilateral cooperation, part ...; KO YONG-CHUL Reporter 2025.03.31

Singapore brand value hits US$78.4b as Grab tops growth list: Singapore - Grab stood out as the fastest-growing Singaporean brand this year, with its brand value surging 85% to US$1.1b. Singa ...; Yim Kwangsoo Correspondent 2025.03.31

Endangered Eels Found in Majority of Singapore's Unagi Products: Study: Singapore – Consuming unagi in Singapore often means unknowingly contributing to the decline of endangered eel species, a re ...; ONLINE TEAM 2025.03.31

Tesla's Singapore Sales Surge Amidst Global Political Backlash Against Musk: SINGAPORE - Despite the mounting political controversies surrounding Tesla CEO Elon Musk and their impact on the brand's global se ...; Graciela Maria Reporter 2025.03.31

LIA Singapore Unveils 2025 Priorities Amid Strong Sector Growth: Singapore - The Life Insurance Association of Singapore (LIA Singapore) has announced its strategic priorities for 2025, building ...; Eugenio Rodolfo Sanabria Reporter 2025.03.31

Incheon Port's Economic Impact: Generating 34% of City's GDP: INCHEON, SOUTH KOREA - A recent analysis has highlighted the significant contribution of Incheon Port to the local economy, reveal ...; Desk 2025.03.30

Daejeon Extends Application Period for Small Business Recovery Support Program: Daejeon Metropolitan City has announced an extension of the application period for its "Small Business Management Recovery Support ...; HONG MOON HWA Senior Reporter 2025.03.30