Global Economic Times

2026.08.12 (Wed)
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SK Hynix Explores Strategic Sale of Stake in Chongqing Packaging Plant Valued at $3 Billion

South Korean memory chipmaker SK Hynix Inc. is reviewing options to sell a stake in its semiconductor packaging and testing facility located in Chongqing, China, according to industry sources and fore
SK Hynix Commits ₩54 Trillion to Build Advanced Mega Fabs in Yongin and Cheongju

SEOUL — SK Hynix Inc., the world’s leading manufacturer of high-performance artificial intelligence memory solutions, announced on August 7, 2026, a monumental board-approved investment of

Samsung and LG Accelerate 'African Localization' to Pioneer the New Frontier

Samsung Electronics and LG Electronics are sharply intensifying their localization strategies across Africa, positioning the continent as their next major "land of opportunity." This strat

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Praj Industries Partners with Paraguayan Energy Company ENERPAR to Build Biorefinery Plant: India's Praj Industries has partnered with Paraguay's ENERPAR S.A. to advance a project for the construction of an integrated bior ...; Pedro Espinola Special Correspondent 2025.06.06

Paraguay Aims to Strengthen its Digital Ecosystem: The 3rd Expo eCommerce to Be Held: The Paraguayan Chamber of Electronic Commerce (Capace), with the support of the Ministry of Industry and Commerce (MIC), has offic ...; Global Economic Times Reporter 2025.06.06

GlobalFoundries to Invest 21 Trillion Won in Major U.S. Semiconductor Plant Expansion: GlobalFoundries, the largest foundry (semiconductor contract manufacturing) company in the United States, is set to undertake a ma ...; Eugenio Rodolfo Sanabria Reporter 2025.06.05

India's Vande Bharat Train to Run in Paraguay: A New Horizon for South American Railway Cooperation: Paraguayan President Santiago Peña expressed strong interest in importing India's proud Vande Bharat trains during his visi ...; Hwang Sujin Reporter 2025.06.04

Paraguay-Argentina Actively Discuss Gas Pipeline Project Targeting Brazil Supply: BUENOS AIRES & ASUNCIÓN – On June 3, Paraguay and Argentina formally began discussions on the Bioceanic Gas Pipel ...; ONLINE TEAM 2025.06.04

Turning Point in Eradicating Illegal Gambling: DNIT Secures Authority to Raid Slot Machines: ASUNCIÓN, PARAGUAY – The Paraguayan National Directorate of Tax Revenue (DNIT) has reached a new turning point in gam ...; KO YONG-CHUL Reporter 2025.06.04

AirAsia MOVE Explains Airfare Display Error: "Third-Party Data Synchronization Issue": MANILA, Philippines – AirAsia MOVE, an online travel agency (OTA), has issued an official statement regarding recent discrep ...; ONLINE TEAM 2025.06.03

Singapore Sets June 30 Deadline for Digital Token Service Providers to Cease Overseas Customer Services: Singapore, Republic of Korea – Singapore is tightening its grip on unlicensed Digital Token Service Providers (DTSPs). The M ...; Pedro Espinola Special Correspondent 2025.06.03

CIMB Singapore and Wing Bank Forge Strategic Partnership to Enhance Financial Services Between Singapore and Cambodia: Singapore and Phnom Penh, Cambodia – CIMB Singapore and Wing Bank (Cambodia) Plc have signed a Memorandum of Understanding ( ...; Ana Fernanda Reporter 2025.06.03

Equinix Singapore SG1 Data Center Suffers Outage During Maintenance, Disrupting Services for Singtel, StarHub, and Others: Singapore – On May 31, a major outage occurred at global data center company Equinix's SG1 data center in Singapore, causing ...; Global Economic Times Reporter 2025.06.03

Singapore-France Strengthen Advanced Technology Cooperation, Elevate to Comprehensive Strategic Partnership: SINGAPORE – In commemoration of their 60th diplomatic anniversary, Singapore and France have elevated their diplomatic relat ...; Eugenio Rodolfo Sanabria Reporter 2025.06.03

Samsung Electronics Accelerates U.S. Foundry Market Push by Recruiting Key TSMC Talent: SEOUL, South Korea – Samsung Electronics' Device Solutions (DS) Division is stepping up its efforts to penetrate the U.S. fo ...; Desk 2025.06.03

South Korean Public Finance Faces Crisis Over Investment in Mozambique Gas Field…Civil Society Files Injunction Application, Calling it "Ecological Genocide Promoting Climate Crisis": Plans for investment by the Export-Import Bank of Korea and the Korea Trade Insurance Corporation in an offshore gas field develop ...; Global Economic Times Reporter 2025.06.02

Japan's Leading Shipbuilder Tsuneishi Explores Re-entry into Paraguay: Paraguayan Government Delegation Meets Tsuneishi Executives During Asia Tour: A Paraguayan government delegation recently met with executives from Tsuneishi, a leading Japanese shipyard, as part of their Asia ...; Yim Kwangsoo Correspondent 2025.06.01

Paraguay Seeks New Horizon for Industrial Financing Through MIC-AFD-BID Collaboration: ASUNCIÓN – Paraguay's Ministry of Industry and Commerce (MIC), the Agence Française de Développement (A ...; Greace Nunez Correspondent 2025.06.01

2025 SMM South American Lithium Resource Field Trip - Fourth Stop: Tibet Summit Resources and Argentina Lithium & Potash: On May 31, 2025, the Shanghai Metals Market (SMM) visited Argentina Lithium & Potash Co., Ltd., effectively controlled by Tibe ...; Desk 2025.06.01

Vietnam Airlines Expands European Network with Direct Ho Chi Minh City-Copenhagen Route: Copenhagen, Denmark – Vietnam Airlines, the flag carrier of Vietnam, is set to significantly enhance its European footprint ...; Desk 2025.06.01

South Korea's Exports Decline Amidst US Tariff Shocks, Despite Semiconductor Boom: South Korea's exports experienced a downturn in May, registering a 1.3% year-on-year decrease to $57.27 billion, marking the first ...; KO YONG-CHUL Reporter 2025.06.01

Hanwha Defense Australia Appoints Ben Hudson as New Managing Director: Melbourne, Australia – Hanwha Defense Australia (HDA) has announced the official appointment of Ben Hudson as its new Managi ...; KO YONG-CHUL Reporter 2025.06.01

Australia Condemns Trump's Proposed 50% Steel Tariff, Calls It "Not the Act of a Friend": CANBERRA, Australia – Australia has strongly condemned President Donald Trump's recent announcement to potentially double ta ...; Ana Fernanda Reporter 2025.06.01