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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Paraguayan Poultry Association Focuses on Stabilizing Egg Supply for Semana Santa: The Paraguayan Poultry Association (Avipar) has announced its full commitment to ensuring egg production and stabilizing prices fo ...; KO YONG-CHUL Reporter 2025.03.17

Foreign Investment Drives New Ferrosilicon Project in Paraguay: Limpio, Paraguay – A significant foreign investment is set to transform Paraguay's industrial landscape with the launch of a ...; KO YONG-CHUL Reporter 2025.03.17

Uzbekistan and Turkmenistan Forge New Economic Era with Landmark Free Trade Agreement: TASHKENT/ASHGABAT – March 7, 2025 – In a significant stride towards regional economic integration, the free trade agre ...; KO YONG-CHUL Reporter 2025.03.16

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