Global Economic Times

2025.10.25 (Sat)
All articles

LOGIN
JOIN

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

Business

Search: 1,490

Samyangsa Launches AI-Powered Platform for Industrial Water Treatment: Samyangsa, a leading South Korean industrial materials company, has unveiled a new AI-powered platform designed to provide custome ...; Global Economic Times Reporter 2024.11.29

Hanwha Ocean and Babcock International Forge Strategic Partnership for Global Submarine Market: Hanwha Ocean, a leading South Korean shipbuilding company, has signed a strategic partnership agreement with Babcock International ...; Desk 2024.11.29

Lotte Group Unveils Comprehensive Restructuring Plan to Improve Financial Health: Seoul, South Korea – Lotte Group has announced a company-wide restructuring plan aimed at improving its financial health. As ...; Desk 2024.11.29

KT Overhauls Organization to Accelerate AICT Transformation: Seoul, South Korea – KT Corporation, one of South Korea’s leading telecommunications companies, has announced a signif ...; ONLINE TEAM 2024.11.29

South Korea to Prioritize Regional SMEs and Startups in New Internet Bank Licensing: Seoul, South Korea – The Financial Services Commission (FSC) announced on November 28th new criteria for licensing new inter ...; KO YONG-CHUL Reporter 2024.11.29

Lotte Group Unveils Self-Help Measures to Address Liquidity Concerns: Seoul, South Korea – Lotte Group has announced a series of self-help measures aimed at addressing liquidity concerns and bol ...; Desk 2024.11.29

Pyeongchang Offers Discounted Trout Dishes to Boost Local Economy: Pyeongchang, South Korea – Pyeongchang County is offering a special discount on trout dishes from November 30th to December ...; Hwang Sujin Reporter 2024.11.28

Shinsegae Gangnam Department Store Breaks Record Again, Surpasses 3 Trillion Won in Annual Sales: Seoul, South Korea – Shinsegae Department Store’s Gangnam branch has once again set a new record, surpassing 3 trillio ...; KO YONG-CHUL Reporter 2024.11.28

Japan Probes Amazon for Antitrust Violations: Tokyo, Japan – Japan's Fair Trade Commission (JFTC) has launched a fresh investigation into Amazon Japan, conducting on-site ...; Ana Fernanda Reporter 2024.11.28

Nissan to Cut Thousands of Jobs in Thailand Amidst Global Restructuring: Bangkok, Thailand – Nissan Motor Co. is set to cut around 1,000 jobs in Thailand as part of a global restructuring plan, acc ...; Global Economic Times Reporter 2024.11.28

Unilever Indonesia Sells Ice Cream Business for Rp7 Trillion: Jakarta, Indonesia – Unilever Indonesia has officially completed the sale of its ice cream business, as part of its parent c ...; Desk 2024.11.28

Philippine Puyat Durian Steals the Show at China International Import Expo: Manila, Philippines – The Philippine’s renowned Puyat durian took center stage at the 7th China International Import E ...; Ana Fernanda Reporter 2024.11.28

SLIMTC Forecasts Faster Philippine Growth in 2025: Manila, Philippines – Sun Life Investment Management & Trust Corporation (SLIMTC) President Michael Gerald Enriquez has ...; Ana Fernanda Reporter 2024.11.28

Cordillera Region's Economy Boosted by Service Sector: Baguio City, Philippines – The Cordillera Administrative Region has seen a significant shift in its economic landscape, with ...; Ana Fernanda Reporter 2024.11.28

JOB SEARCH/RECRUITMENT: [무역안보관리원 정규직 신입직원 채용공고] https://c.incru.it/newjobpost/2024/11_kosti/1114/%EB%AC%B4%EC%97%AD%EC%95%88%EB%B3%B4%EA%B4%80%EB%A6%AC%E ...; Desk 2024.11.27

Hyundai Mobis Sets Ambitious Growth Targets, Aims to Become Top 3 Global Parts Supplier: Seoul, South Korea – Hyundai Mobis, a leading automotive parts supplier, has unveiled its mid-to-long-term business goals, a ...; LEE YEON SIL Reporter 2024.11.27

Starbucks Korea Launches New Subscription Service 'Buddy Pass': Seoul, South Korea – Starbucks Korea is introducing a new subscription service, "Buddy Pass," starting December 2nd to celeb ...; Hwang Sujin Reporter 2024.11.27

OpenAI Partners with KDB Industrial Bank to Boost South Korea's AI Ecosystem: Seoul, South Korea – OpenAI, the company behind ChatGPT, has signed a Memorandum of Understanding (MOU) with the Korea Devel ...; Global Economic Times Reporter 2024.11.27

52 South Korean Conglomerates Struggle to Cover Interest Payments: Seoul, South Korea – A recent study has revealed that 52 of South Korea's largest conglomerates were unable to cover their i ...; Global Economic Times Reporter 2024.11.27

Cola Gaza: A Sip of Solidarity for Palestine: London, UK – A new soft drink, Cola Gaza, has emerged as a symbol of Palestinian solidarity and resistance, challenging glob ...; Eugenio Rodolfo Sanabria Reporter 2024.11.26