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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Paraguay to Launch $259 Million Power Grid Expansion Project: State Power Company Ande Prepares New Tenders for Transmission Infrastructure Expansion: Asunción, Paraguay – Paraguay's state-owned power company, Ande, is preparing new tenders for the construction of tra ...; Pedro Espinola Special Correspondent 2025.05.22

2025 Alaska Salmon Harvest Expected to Rebound Significantly… King Salmon Decline Continues: After a poor performance last year, Alaska's commercial salmon harvest is expected to make a strong recovery this year, according ...; Hee Chan Kim Reporter 2025.05.21

Fluence Accelerates U.S. Production Expansion… Consolidating Market Leadership by Strengthening Domestic Supply Chain: Fluence, a global battery energy storage system (BESS) integration and clean energy software and services company, is accelerating ...; Greace Nunez Correspondent 2025.05.21

New Mexico Accelerates Economic Growth by Fostering Advanced Technology: $90 Million Fund Created: Santa Fe, New Mexico – New Mexico is bolstering its advanced technology industry, establishing a new Office of Technology an ...; Eugenio Rodolfo Sanabria Reporter 2025.05.21

ATOME Energy Launches 'ATOME POWER,' a Dedicated Power Business for Green Fertilizer Production: ATOME Energy PLC, a leading international developer of green fertilizer projects, has taken a significant step forward in the ener ...; Greace Nunez Correspondent 2025.05.21

Paraguay Anticipates Soaring Soybean Production and Export Revival Driven by Climate Recovery: Asuncion, Paraguay – Paraguay's soybean production is projected to see a significant rebound in the 2025/26 market year (MY) ...; Pedro Espinola Special Correspondent 2025.05.21

Paraguay Beef Production: 66% Relies on Extensive System, Raising Concerns about Output Decrease: Paraguayan beef production predominantly relies on an extensive system, accounting for 66% of the total output. According to data ...; Eugenio Rodolfo Sanabria Reporter 2025.05.21

Southeast Asia and Middle East Cosmetics Exports Soar, Halal Cosmetics Certification Training Launches for 2025: The 2025 Halal Cosmetics Certification Training, supported by the Ministry of Food and Drug Safety, has commenced. The Korea Halal ...; HONG MOON HWA Senior Reporter 2025.05.21

Cheonan K-Culture Expo 2025: A Digital Transformation with AI and Immersive Tech: Cheonan, South Korea – The '2025 Cheonan K-Culture Expo,' a premier event showcasing South Korea's vibrant cultural industri ...; KO YONG-CHUL Reporter 2025.05.20

Jeonbuk Province Allocates KRW 78.7 Billion to Revitalize Local Economy, Expands Regional Currency Issuance: Jeonju, South Korea – Jeonbuk Province has announced a comprehensive economic revitalization plan, earmarking KRW 78.7 billi ...; Hwang Sujin Reporter 2025.05.20

Volvo Drives Towards Sustainable Mobility in Latin America, Launches Electric Bus Production in Brazil: Curitiba, Brazil – Swedish automotive giant Volvo Group, through its Volvo Buses division, has officially inaugurated the pr ...; KO YONG-CHUL Reporter 2025.05.20

Paraguay Analyzes Private Sector-Led Growth Potential: Aims to Attract ₩3.6 Trillion Investment and Create Over 30,000 Jobs by Fostering 5 Key Industries: A noteworthy report analyzing Paraguay's potential for sustainable, private sector-led growth has been released. The "Paraguay Cou ...; Eugenio Rodolfo Sanabria Reporter 2025.05.20

Paraguay's Tourism Market Records Historic Growth Driven by Surge in Argentine Tourists: Asunción, Paraguay – Paraguay's tourism market is experiencing an unprecedented boom, fueled by a dramatic increase i ...; Ana Fernanda Reporter 2025.05.20

Singapore Exchange Grapples with Rising Delistings, Intensifies Efforts to Revitalize Market: Singapore – The Singapore Exchange (SGX) is confronting a significant challenge stemming from a growing number of companies ...; Hwang Sujin Reporter 2025.05.19

Singapore Stocks Poised for Upward Start on Trade Optimism: Singapore – The Singaporean stock market is expected to open with gains on Monday, buoyed by prevailing optimism surrounding ...; Eugenio Rodolfo Sanabria Reporter 2025.05.19

Paraguay-Paraná Waterway Undergoes Modernization and Expansion to Boost Regional Trade: Buenos Aires, Argentina – A significant initiative is underway to modernize and expand key navigation channels of the Paragu ...; Graciela Maria Reporter 2025.05.19

Paraguay's Unemployment Rate Drops Significantly to 5.6% in Q1 2025, Signaling Strong Labor Market Recovery: Asunción, Paraguay – Paraguay's labor market is showing clear signs of recovery, with the unemployment rate falling t ...; Eugenio Rodolfo Sanabria Reporter 2025.05.19

Paraguayan Power Authority ANDE to Establish Solar Power Lab Near Acaray Dam, Boosting Renewable Energy Expertise: Asunción, Paraguay – Paraguay's National Electricity Administration (ANDE) has announced a significant initiative to ...; Ana Fernanda Reporter 2025.05.19

Chungnam's Specialty Rice Variety 'Hyangjinju' Continues to Gain Popularity in the Netherlands: Chungcheongnam-do Agricultural Research & Extension Services announced that its self-developed intermediate-sticky, fragrant r ...; HONG MOON HWA Senior Reporter 2025.05.18

Major Corporations and Public Institutions Unite for Chungnam Youth at Job Fair: Daejeon, South Korea - The Chungcheongnam-do Province successfully concluded its "2025 Chungnam Youth Job Planning Day" held at So ...; KO YONG-CHUL Reporter 2025.05.18