Global Economic Times

2025.10.25 (Sat)
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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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Chungnam Province Looks to Silicon Valley for 'Bay Valley' Inspiration: Chungnam, South Korea – Chungnam Province has set its sights on Silicon Valley as it seeks to transform its 'Bay Valley' reg ...; HONG MOON HWA Senior Reporter 2025.01.13

Delivery Apps Embrace Sustainability with Reusable Containers: Seoul, South Korea – The delivery app industry, once criticized for its reliance on single-use plastics, is undergoing a sig ...; Global Economic Times Reporter 2025.01.13

Korail Expands Regional Rail Travel Program to Revitalize Declining Regions: Seoul, South Korea – January 13, 2024 – Korea Railroad Corporation (Korail) announced today that it will be expanding ...; Global Economic Times Reporter 2025.01.13

Naver's 'Return Care' Boosts SMEs' Sales: Study: Seoul, South Korea – A recent study conducted by Professor Kang Hyung-gu of Hanyang University's Business School has reveale ...; KO YONG-CHUL Reporter 2025.01.13

AI to Dominate Industries in 2025: Experts: As the new year unfolds, artificial intelligence remains at the forefront of industry, investment, and technological discourse. Wh ...; Desk 2025.01.13

Domino's Pizza Unveils New Pizza Box to Celebrate 35th Anniversary: Seoul, South Korea – Domino's Pizza, a leading pizza delivery company in South Korea, has unveiled a new pizza box design to ...; Global Economic Times Reporter 2025.01.13

Soaring Food Prices Hit South Koreans Hard: Seoul, South Korea – South Koreans are feeling the pinch of rising food costs as the country grapples with persistent inflat ...; Hwang Sujin Reporter 2025.01.13

Korea Gas Corporation Sees Success in Mozambique Gas Development: Maputo, Mozambique – [Date] – Korea Gas Corporation (KOGAS) has announced significant progress in its Mozambique gas d ...; Desk 2025.01.12

Kimchi Exports Hit All-Time High Amidst Global K-Food Craze: Seoul, South Korea – Kimchi, Korea’s iconic fermented cabbage dish, has continued its global ascent, with both export ...; Hwang Sujin Reporter 2025.01.12

Global Surge in Technical Regulations as Protectionism and Tech Competition Intensify: Seoul, South Korea – The number of technical regulations being revised or newly enacted has reached a record high amid the g ...; Desk 2025.01.12

Delivery Fees May Soon Become a Part of South Korea's Consumer Price Index: Seoul, South Korea – Statistics Korea is mulling over the possibility of incorporating delivery fees into its Consumer Price ...; Global Economic Times Reporter 2025.01.12

South Korea's University Graduates Earn More Than Their Japanese Counterparts, But Disparity Grows Between Large and Small Firms: Seoul, South Korea – A new analysis has revealed that the starting salaries for university graduates employed at large South ...; Global Economic Times Reporter 2025.01.12

German EV Sales Plummet After Subsidy Cancellation: Berlin - Electric vehicle sales in Germany experienced a sharp decline in 2024, falling 27% compared to the previous year. This si ...; Eugenio Rodolfo Sanabria Reporter 2025.01.11

Vietnamese Stock Market Plunges on Friday, Banking Stocks Lead Declines: Ho Chi Minh City, Vietnam - The Vietnamese stock market suffered significant losses on Friday, with the benchmark VN-Index closing ...; Pedro Espinola Special Correspondent 2025.01.11

Vietnam's Booming Economy: A Beacon of Growth in Southeast Asia: A recent report by France's reportlinker.com paints a rosy picture of Vietnam's economic outlook, highlighting the country's resil ...; Graciela Maria Reporter 2025.01.11

Vietnamese Auto Industry Seeks to Boost Local Production Amidst Import Reliance: Hanoi - Despite boasting 377 automobile enterprises, including numerous foreign direct investments (FDIs), Vietnam's automotive in ...; Global Economic Times Reporter 2025.01.11

Indian Economist Urges Embrace of Chinese Investment: Mumbai, India - Neelkanth Mishra, Chief Economist at Axis Bank and a member of India's Economic Advisory Council to the Prime Mini ...; Global Economic Times Reporter 2025.01.11

Bank Branches on the Decline as Digital Banking Gains Ground: Seoul, South Korea – The number of bank branches in South Korea has continued to shrink, with over 50 branches closing in th ...; Global Economic Times Reporter 2025.01.11

Governor Kim Secures Major Investment from Corning in South Korea: Aosan, South Korea – Governor Kim Tae-heum of South Chungcheong Province has secured a significant investment from Corning I ...; HONG MOON HWA Senior Reporter 2025.01.11

Chungcheongnam-do Governor Promotes Investment in South Korea at Global Top Brands Awards: Las Vegas, Nevada – Chungcheongnam-do Governor Kim Tae-heum has been actively promoting investment opportunities in the Sout ...; HONG MOON HWA Senior Reporter 2025.01.11