Global Economic Times

2025.10.21 (Tue)
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Hyundai Motor Rises to Global Top Tier, Ranks 33rd in TIME's 'World's Best Companies 2025'

Hyundai Motor Company has dramatically affirmed its heightened international competitiveness by securing the 33rd position in TIME magazine's recent "World's Best Companies 2025" e
57-Year Wait Ends: Jeju-Qingdao Sea Route Opens, Boosting Island's Global Trade

Jeju Port has welcomed its first international regular container ship in 57 years, marking a historic milestone since its designation as a trade port in 1968. The opening of the direct container route

Specialty Alloy Market Booms, Korean Giants SeAH and Poongsan Accelerate Investment

Driven by the growth in the defense and rocket markets, South Korean steel giants like SeAH and Poongsan, known as "strong players in specialty alloys," are actively expanding their invest

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Nissan and Mitsubishi to Produce New EVs for European Market in France: Douai, France — In a landmark visit to the Renault ElectriCity plant in Douai, the CEOs of Nissan and Mitsubishi Motors, Iva ...; Eugenio Rodolfo Sanabria Reporter 2025.09.19

Spanish "Bicinete" Hybrid Vehicle Vies for Top European Design Award: Copenhagen, Denmark — The innovative "Bicinete," a hybrid of a bicycle and a scooter, is vying for one of Europe's most pres ...; Yim Kwangsoo Correspondent 2025.09.19

Aviation Industry Urges Governments to Prioritize Sustainable Fuel Production: Montreal, Canada — The International Air Transport Association (IATA) is calling on governments to shift their focus from ma ...; KO YONG-CHUL Reporter 2025.09.19

Chile's Startup Ecosystem and the Shadow of 'Invisible Costs': A Burnout Alert: A dark shadow is being cast over Chile's startup ecosystem, once heralded as a symbol of innovation and growth. While a dazzling n ...; Pedro Espinola Special Correspondent 2025.09.16

Paraguay's Construction Industry Expresses Concern over Reduced Infrastructure Investment in 2026 Government Budget: Despite recent vigorous construction projects in the residential, corporate, and industrial sectors, the construction industry is ...; Pedro Espinola Special Correspondent 2025.09.15

First Fan Export Success... $5 Million Export Deal Secured in Argentina: A new vitality is emerging in Paraguay's home appliance industry. On the 14th, local company Goldmund marked a significant milesto ...; Pedro Espinola Special Correspondent 2025.09.15

Expo Norte: Economic Ripple Effects with a Glimmer of Hope: CONCEPCIÓN – Expo Norte, recently held in Concepción, was more than just a dazzling showcase for large corpora ...; Eugenio Rodolfo Sanabria Reporter 2025.09.15

S. Korea's Supreme Court Rules Existing Pharmacies Can Sue Over New Rival's Location: SEOUL – The Supreme Court of South Korea has issued a landmark ruling, granting existing pharmacists the legal standing to f ...; Hwang Sujin Reporter 2025.09.13

FDA to Conduct Surprise Inspections of Overseas Drug Factories, Including South Korea: The U.S. Food and Drug Administration (FDA) has announced a significant shift in its policy, stating it will begin conducting unan ...; Graciela Maria Reporter 2025.09.13

U.S. Coffee Prices Soar to 28-Year High Amid Brazilian Tariff and Supply Woes: NEW YORK — The aroma of freshly brewed coffee, once a simple comfort, now carries the scent of economic turbulence for milli ...; Sharon Yoon Correspondent 2025.09.12

Itaipu Makes History with 3.1 Billion MWh of Energy Produced: The Itaipu Hydroelectric Power Plant, one of the world's largest hydroelectric dams located on the border between Paraguay and Bra ...; Hwang Sujin Reporter 2025.09.10

Cotton Yarn Imports Drive Growth in Textile Industry: Annual imports of cotton yarn, valued at $3-6 million, are an essential component of Paraguay’s textile and apparel industry ...; Global Economic Times Reporter 2025.09.10

Paraguay Promulgates Three Key Economic Revitalization Laws: ASUNCIÓN, Paraguay — As part of the 2025 'Paraguay Business Week,' President Santiago Peña officially promulga ...; Graciela Maria Reporter 2025.09.10

Paraguay Anticipates $5 Billion in Tax Revenue from Easing Cannabis Industry Regulations: The Paraguayan government is moving to ease regulations on the cannabis industry with plans to dramatically increase national reve ...; Eugenio Rodolfo Sanabria Reporter 2025.09.10

Daejeon's Bio-Industry Ecosystem Draws Global Attention: DAEJEON, South Korea - The city of Daejeon is solidifying its position on the global stage, laying a strategic foundation for its ...; HONG MOON HWA Senior Reporter 2025.09.09

Rising self-generation: a new opportunity for Paraguay's power industry: Paraguay's power industry is seeking new growth opportunities through self-generation. The recent emergence of autogeneració ...; Hwang Sujin Reporter 2025.09.08

Paraguay Expands into Southeast Asia, Teaming Up with Economic Giants: Paraguay is taking important steps to expand into the Southeast Asian market, opening up a new chapter in economic cooperation. Wi ...; KO YONG-CHUL Reporter 2025.09.08

Puertro Falcón Border Crossing to Undergo $55.6 Million Modernization: ASUNCIÓN - The modernization of the Puertro Falcón border crossing, a key gateway between Paraguay and Argentina, ha ...; Pedro Espinola Special Correspondent 2025.09.08

Floating Solar Plant Construction Site Inspection at Itaipu Hydroelectric Power Plant: Construction of a 1,100 kW floating solar power plant (PSF) is underway at the Itaipu Dam, South America's largest hydroelectric p ...; Global Economic Times Reporter 2025.09.08

Paraguayan Industry Urges Government to Deepen Economic Reforms: On September 5th, during an event celebrating "Paraguayan Industry Day," the Paraguayan Industrial Union (UIP) strongly called on ...; Graciela Maria Reporter 2025.09.08

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