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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Over Half of South Korea's 2024 Workplace Fatalities Strike Workers Aged 60 and Above, Small Businesses Bear Disproportionate Burden: Seoul – A sobering report released by South Korea's Ministry of Employment and Labor paints a concerning picture of workplac ...; Desk 2025.05.05

Brazil Stakes Its Claim in the AI Era: Leveraging Renewable Energy to Attract Data Centers: The discourse surrounding energy and climate change over the past year has become inextricably linked with the burgeoning advancem ...; Desk 2025.05.05

Subsea7 Secures Landmark Deepwater Contract for Brazil's Giant Búzios Field Development: In a significant stride for both the company and Brazil's burgeoning offshore energy sector, Subsea7, a global leader in seabed-to ...; Pedro Espinola Special Correspondent 2025.05.05

Colombian Coffee Exports Brew Record First-Quarter Success Amidst Global Headwinds: Against a backdrop of persistent global logistical snarls and simmering geopolitical tensions, Colombia's coffee industry has deli ...; Greace Nunez Correspondent 2025.05.05

Mexico City Metro Modernization Accelerates: CRRC Presents Innovative Solutions: Chinese railway vehicle manufacturing giant CRRC Zhuzhou is playing a pivotal role in modernizing the railway systems of Mexican c ...; Desk 2025.05.05

Bucheon City Backs Social Innovation with 2025 Danbi Startup Cohort: Bucheon, South Korea – April 30th marked a significant milestone for social entrepreneurship in Bucheon City as the final wi ...; Hwang Sujin Reporter 2025.05.04

Paraguay Aquaculture Sees Active Investment Amidst Projected Annual Growth of 5-10%: Paraguay's aquaculture industry is showing steady annual growth of 5% to 10%, and producers are actively considering initial inves ...; ONLINE TEAM 2025.05.04

Paraguay Achieves All-Time High in Forestry Product Exports in March 2025: According to data from the National Forestry Institute of Paraguay (Infona), Paraguay achieved a historic record in forestry produ ...; KO YONG-CHUL Reporter 2025.05.04

Paraguay Announces Large-Scale Support Program to Boost Youth Employment: The Paraguayan government has announced an ambitious plan to address youth unemployment and revitalize the economy. In his Labor D ...; Global Economic Times Reporter 2025.05.04

Tether Completes Acquisition of 70% Stake in Latin American Agricultural Giant Adecoagro… Accelerating the Convergence of DeFi and the Real Economy: Stablecoin issuer Tether has finalized its acquisition of a 70% stake in Adecoagro, a leading Latin American agricultural company, ...; Ana Fernanda Reporter 2025.05.04

Trump Family Business Deal in Qatar Fuels Conflict of Interest Concerns Ahead of Presidential Visit: Washington D.C. – The Trump Organization, the sprawling business empire owned by the family of US President Donald Trump, ha ...; Graciela Maria Reporter 2025.05.03

Pakistan Greenlights Ambitious High-Speed Rail Project Connecting Lahore and Islamabad: Islamabad, Pakistan – The government of Pakistan has officially given the go-ahead for the construction of a high-speed rail ...; Pedro Espinola Special Correspondent 2025.05.03

China Invests $1.2 Billion in Cambodian Canal Project Amid Regional Concerns: Phnom Penh, Cambodia – In a move that has significant economic and geopolitical implications, China has pledged to invest $1 ...; Eugenio Rodolfo Sanabria Reporter 2025.05.03

The Sweet Taste of Success: How South Korea's Bacchus Became Cambodia's Beloved 'Bakka': Phnom Penh, Cambodia – In a remarkable tale of cultural integration and astute marketing, South Korea's iconic energy drink, ...; Hwang Sujin Reporter 2025.05.03

Korean Builders Forge Cambodia's Future Amidst Robust Economic Growth: Phnom Penh, Cambodia – Emerging from the shadows of its tumultuous past, Cambodia is witnessing a remarkable transformation, ...; ONLINE TEAM 2025.05.03

Major Landslide Disrupts Key Highway Project in El Salvador Amidst Safety Concerns: San Salvador, El Salvador – A substantial landslide has struck the construction site of a major highway expansion project in ...; Global Economic Times Reporter 2025.05.03

U.S. Clarifies Tariff Policy on Auto Parts Under USMCA, Offering Relief to North American Supply Chains: WASHINGTON D.C. – The United States Customs and Border Protection (CBP) has issued a clarification regarding the imposition ...; Hannah Yeh Reporter 2025.05.03

Lázaro Cárdenas Defies US Tariff Pressures, Solidifies Role as Pacific Trade Powerhouse with Robust Q1 Growth: Against a backdrop of escalating trade tensions and tariff pressures from the United States, Mexico's principal Pacific port of L& ...; Ana Fernanda Reporter 2025.05.03

WHO.A.U Unveils 'CALI GIRL' Collection, Embracing Romantic Farmcore Aesthetic: E-Land World's prominent American casual wear brand, WHO.A.U, has officially launched its highly anticipated 'CALI GIRL' collectio ...; Eunsil Ju Reporter 2025.05.03

Weak Latin American Growth to Impact Job Creation in 2025: World Bank: The World Bank (WB) has revised its growth forecast for Latin America and the Caribbean downwards to 2.1% for 2025, signaling a po ...; Greace Nunez Correspondent 2025.05.03