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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AliExpress Launches Local Marketplace in Mexico, Empowering Local Businesses: AliExpress, the global online retail marketplace, has officially launched its local marketplace in Mexico, marking a significant s ...; Ana Fernanda Reporter 2025.03.14

Tea Garden: A Culinary Ambassador of Malaysia, Expanding Globally: Kuala Lumpur, Malaysia – Since its inception in 2010, Tea Garden has blossomed into a culinary powerhouse, not just within M ...; KO YONG-CHUL Reporter 2025.03.14

KLCI Bounces Back Amid Global Market Jitters: KUALA LUMPUR – The Malaysian stock market experienced a significant rebound on Thursday, halting a five-day decline that had ...; Graciela Maria Reporter 2025.03.14

Chocolate Finance CEO Addresses Withdrawal Suspension, VoxEureka Expands, and MIXUE Malaysia Launches Diversity Campaign: SINGAPORE/KUALA LUMPUR/JAKARTA – This week saw a flurry of activity in the Southeast Asian business landscape, with financia ...; Desk 2025.03.14

Malaysia Airlines Deploys Airbus A330neo to Auckland, Leading Oceania Expansion: Kuala Lumpur, Malaysia – Malaysia Airlines has significantly expanded its presence in Oceania by introducing its state-of-th ...; Eugenio Rodolfo Sanabria Reporter 2025.03.14

Ascend Airways Malaysia to Launch Operations in Late 2025, Targeting Regional Airline Support: KUALA LUMPUR – Ascend Airways Malaysia, an affiliate of Ascend Airways UK, has announced plans to commence operations in the ...; Eugenio Rodolfo Sanabria Reporter 2025.03.14

Chinie’s: Sisters Redefining Malaysian Beauty by Making Premium Brands Affordable: Kuala Lumpur, Malaysia – In a market often dominated by high-priced, luxury beauty products, two sisters from Langkawi, Kanc ...; Eugenio Rodolfo Sanabria Reporter 2025.03.14

Paraguayan "Hand" App Marks 5 Years of Empowering Local Tradespeople and Connecting Communities: Asunción, Paraguay – Celebrating its fifth anniversary, the "Hand" app has become a cornerstone of Paraguay's gig eco ...; Global Economic Times Reporter 2025.03.13

Singapore Positively Assesses Paraguayan Meat Market, Final Report Expected Within 60 Days: The National Service for Animal Quality and Health (Senacsa) of Paraguay has announced that following an audit of Paraguayan meat ...; Eugenio Rodolfo Sanabria Reporter 2025.03.13

Smartphone Overtakes In-Person Bank Visits for Fund Investment Sign-Ups: A survey by the Korea Financial Consumer Protection Foundation revealed that smartphones have surpassed in-person financial instit ...; Min Gyu Mi Reporter 2025.03.13

Asiana Airlines Secures Landmark Victory in $190 Million Contract Dispute with HDC Hyundai Development: Seoul, South Korea – Asiana Airlines and Kumho Construction have emerged victorious in a protracted legal battle against HDC ...; Desk 2025.03.13

Patent Dispute Escalates: LS Cable & System Wins Appeal, Damages Tripled Amidst Allegations of Tech Theft: In a significant legal victory, LS Cable & System, South Korea's leading cable manufacturer, has secured a decisive win in the ...; KO YONG-CHUL Reporter 2025.03.13

All Major Credit Card Companies in South Korea Suspend Homeplus Gift Card Transactions Amid Rehabilitation Concerns: Seoul, South Korea – In a coordinated move, all nine major credit card companies in South Korea have halted transactions inv ...; Desk 2025.03.13

Jazeera Airways to Insource Ground Handling, Drive Efficiency and Growth: Kuwait’s leading low-cost carrier, Jazeera Airways, has announced a strategic initiative to insource its ground handling ser ...; Desk 2025.03.13

Japan's Business Sentiment Remains Positive, Driven by Strong Non-Manufacturing Growth Amidst Manufacturing Sector Challenges: Tokyo, Japan – Japan's business sentiment among large enterprises continued its positive trajectory in the first quarter, ma ...; Desk 2025.03.13

Yellow Balloon Launches Osaka Office, Strategically Targeting Japan's Booming FIT Market: Osaka, Japan – [Date of Publication] – Yellow Balloon, a leading travel agency, has made a significant move into the J ...; KO YONG-CHUL Reporter 2025.03.13

Singapore Stocks Rebound After Three-Day Slump; REITs and Property Lead Gains: Singapore, March 13, 2025 – Singapore's Straits Times Index (STI) snapped a three-day losing streak on Wednesday, closing sl ...; Eugenio Rodolfo Sanabria Reporter 2025.03.13

Salesforce Invests $1 Billion in Singapore to Boost AI Capabilities and Address Labor Shortages: Salesforce, a leading cloud software company, has announced a significant investment of $1 billion over the next five years in Sin ...; Desk 2025.03.13

Indonesia Levies Anti-Dumping Duties on Nylon Film from China, Thailand, and Taiwan: Jakarta, Indonesia – The Indonesian Ministry of Finance has announced the imposition of anti-dumping import duties on nylon ...; Global Economic Times Reporter 2025.03.12

Paraguay's February Exports Surge 12% to $576 Million, Driven by Strong Regional Demand: Asuncion, Paraguay – Paraguay's exports reached $576 million in February, marking a 12% increase from the previous month, ac ...; Desk 2025.03.11