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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Pohang’s Regional Gift Certificates Sell Out in 4 Days: Pohang, South Korea – Pohang City announced on January 7th that its newly issued Pohang Love Gift Certificates, both card an ...; Desk 2025.01.07

ShoppingNty's Short-Form Videos Boost Sales by Nearly 300%: Seoul, South Korea – ShoppingNty, a popular T-commerce channel in South Korea, has reported a staggering 192% increase in ne ...; Hwang Sujin Reporter 2025.01.06

Ulsan SMEs Invited to Apply for Export Support Programs: Ulsan, South Korea – The Ulsan Regional Small and Medium Enterprise Administration (Ulsan SME) is inviting applications for ...; Global Economic Times Reporter 2025.01.06

Nursing Assistants Gain Ground in South Korea's Healthcare System: Seoul, South Korea – In a significant development for South Korea’s healthcare sector, nursing assistants have secured ...; Desk 2025.01.06

Luratec Makes Inroads into US Market with Innovative Knee Replacement: Luratec, a South Korean medical device company specializing in orthopedic implants, has announced its successful export of its Cen ...; Desk 2025.01.06

L&C China Expands into Animal-Derived Tissue Graft Market: L&C China, a subsidiary of L&C Bio, has announced its official entry into the animal-derived tissue graft market. The comp ...; Global Economic Times Reporter 2025.01.06

Korea's Female Employment Rate Remains Stagnant: Seoul, South Korea – A recent study conducted by the Korea Employers Federation (KEF) has revealed that South Korea's female ...; Global Economic Times Reporter 2025.01.06

South Korean Retailers Expand Overseas Amid Domestic Slump: Seoul, South Korea – As South Korea grapples with prolonged high inflation and a deepening economic downturn, domestic retai ...; Global Economic Times Reporter 2025.01.06

Bitcoin ETFs Surge in Popularity, Led by iShares Trust Bitcoin: New York, NY – The iShares Trust Bitcoin (IBIT) has made waves in the financial world, concluding 2023 as the third-largest ...; Ana Fernanda Reporter 2025.01.05

El Salvador Tourism Minister Outlines Ambitious Plans for 2025: San Salvador, El Salvador – The Salvadoran Ministry of Tourism has outlined an ambitious plan for 2025, focusing on infrastr ...; Ana Fernanda Reporter 2025.01.05

South Korea Diversifies Semiconductor Exports Amidst US-China Tech Rivalry: South Korea's reliance on China for semiconductor exports has diminished in recent years due to the escalating US-China tech rival ...; Global Economic Times Reporter 2025.01.05

SK Energy Becomes First South Korean Refiner to Export Sustainable Aviation Fuel to Europe: Ulsan, South Korea – SK Energy, a leading South Korean refiner, has announced its successful export of Sustainable Aviation ...; JEONG CHAN MYEONG Senior Reporter 2025.01.05

K-Beauty Sunscreens Face Regulatory Hurdles in the US: The boom of Korean sunscreens in the US, once led by brands like Joseon Beauty, is facing a slowdown due to stricter US regulatory ...; Global Economic Times Reporter 2025.01.05

Kia Sets New Record with Highest Annual Sales: Seoul, South Korea – Kia Corporation has announced that it achieved its highest annual sales ever in 2024, surpassing the pr ...; Global Economic Times Reporter 2025.01.05

South Korean Consumers Pay More for YouTube Premium: A recent investigation by the National Assembly Research Service has revealed that South Korean consumers are paying significantly ...; Global Economic Times Reporter 2025.01.05

South Korea Enacts Stronger Protections for Game Players: Seoul, South Korea – South Korea has taken significant steps to bolster the rights of online gamers, with the recent passage ...; Desk 2025.01.05

South Korea's Overseas Construction Orders Hit $1 Trillion Milestone: Seoul, South Korea – South Korea's construction industry has reached a significant milestone, surpassing $1 trillion in cumu ...; Global Economic Times Reporter 2025.01.03

South Korea Eases Rules to Attract Foreign Investment in Government Bonds: Seoul, South Korea – The South Korean government has unveiled a comprehensive plan to simplify the process for foreign inves ...; KO YONG-CHUL Reporter 2025.01.03

South Korea Unveils Stimulus Package to Boost Economy: Seoul, South Korea – The South Korean government has announced a comprehensive stimulus package aimed at revitalizing the do ...; Desk 2025.01.03

Ministry of Trade, Industry and Energy and Ministry of National Defense Sign MOU to Collaborate on 3D Printing for Defense: Seoul, South Korea – The Ministry of Trade, Industry and Energy (MOTIE) announced today that it has signed a Memorandum of U ...; KO YONG-CHUL Reporter 2025.01.02