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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DP World Opens First Logistics Warehouse in Singapore, Accelerating Efforts to Strengthen Logistics Capabilities in Asia: Global supply chain solutions provider DP World has further strengthened its logistics network in the Asia Pacific region by openi ...; Kim Sungmoon Reporter 2025.05.09

CPChem Sells Singapore Business Unit to Aster Chemicals & Energy… Restructuring Asia Market Strategy: U.S. petrochemical company Chevron Phillips Chemical (CPChem) has announced the sale of its 100% stake in its Singaporean business ...; Global Economic Times Reporter 2025.05.09

Leading the Asian Smart Port Revolution: Singapore, China, and South Korea Redefine Maritime Infrastructure Through Digital Transformation and Green Innovation: The imperative for decarbonization and the integration of Artificial Intelligence (AI) are laying the essential groundwork for sma ...; Hwang Sujin Reporter 2025.05.09

Taiwan's Energy Crisis Emerges as an Existential Threat to National Survival: In a recent analysis piece titled "Taiwan's Energy Crisis Could Become an Existential Threat," published by the U.S. energy news o ...; Hwang Sujin Reporter 2025.05.09

Paraguay's Hydropower Emerges as Key Driver for Hive's Bitcoin Mining Expansion: Global cryptocurrency firm Hive Digital Technologies re-evaluates US strategy amid heightened geopolitical tensions… Focusi ...; Pedro Espinola Special Correspondent 2025.05.09

New Brazil-Paraguay Bridge Emerges as Key to Trans-Atlantic-Pacific Trade Route: Paraná, Brazil-Paraguay Border – A large new bridge connecting Brazil and Paraguay is nearing completion, forming a c ...; Greace Nunez Correspondent 2025.05.09

ATIS Group Expands Paraguayan Telecommunications Infrastructure… Acquires Approximately 300 Telecommunications Towers from Millicom: BUENOS AIRES, Argentina – ATIS Group (“ATIS”), a leading digital infrastructure provider in Latin America, today ...; Global Economic Times Reporter 2025.05.09

Argentina Dreams of Becoming a New Global Star in the Copper Industry: A Report from the San Juan Mine Development Site: A helicopter powerfully ascends towards the peaks of the Andes Mountains in South America. The experienced pilot flies as close as ...; Eugenio Rodolfo Sanabria Reporter 2025.05.09

Argentina's Salta Province Pre-Awards $145 Million Road Construction Contract, Expected to Boost Local Economy: The government of Salta Province in northwestern Argentina has announced the pre-award of a $145 million (approximately 195 billio ...; KO YONG-CHUL Reporter 2025.05.09

Cannes Film Market Selects Brazil as 'Country of Honor': Minister of Culture to Attend, Focus on Co-Production and Investment Discussions: CANNES – The Marché du Film, the world's largest film industry marketplace held alongside the 78th Cannes Film Festiv ...; Desk 2025.05.09

Brazil Raises Coffee Production Forecast, Expecting Record High Despite "Low Production" Year: According to the latest report released by Brazil's National Supply Company (Conab), an agency under the Ministry of Agriculture, ...; Desk 2025.05.09

Gyeongnam Culture & Arts Foundation to Support Local Game Companies' Global Expansion: The Gyeongsangnam-do Province and the Gyeongnam Culture & Arts Foundation (President Kim Jong-bu) are accepting applications u ...; Hwang Sujin Reporter 2025.05.08

Gyeongsangnam-do Province Fully Committed to Normal Opening of Gadeokdo New Airport by 2029: Gyeongsangnam-do Province (Governor Park Wan-soo) announced on the 8th that the normal opening of the Gadeokdo New Airport by 2029 ...; ONLINE TEAM 2025.05.08

Gyeongsangnam-do to Develop Southern Coastline into a 'Marine Leisure Hub': Gyeongsangnam-do Province is set to actively promote the marine leisure tourism industry following the transfer of authority for t ...; KO YONG-CHUL Reporter 2025.05.08

Shanghai Set to Unveil China's Inaugural and World's Largest Legoland on July 5th: Shanghai, China – The highly anticipated Shanghai Legoland, marking the first foray of the iconic brick-based entertainment ...; Global Economic Times Reporter 2025.05.08

KB Financial Group Champions Korean Innovation, Facilitates Singaporean Foothold for 15 Promising Startups: Seoul, South Korea – KB Financial Group, a leading South Korean financial conglomerate, is significantly bolstering the glob ...; Hwang Sujin Reporter 2025.05.08

Mongolia Unveils Ambitious Tourism Strategy: Aiming for 2 Million Visitors and 10% GDP Contribution by 2030: Ulaanbaatar, Mongolia – Riding a wave of increasing international interest, Mongolia has announced a bold and comprehensive ...; Hwang Sujin Reporter 2025.05.08

Brazil's Central Bank Hikes Key Rate to 19-Year High Amid Persistent Inflation Concerns: Brasília, Brazil – In a resolute move to combat persistent inflationary pressures, the Central Bank of Brazil's Monet ...; Ana Fernanda Reporter 2025.05.08

China Pivots to Australia and India for Livestock Feed as Trade Spat with Canada Escalates: Beijing – China is actively forging new trade partnerships with Australia and India to secure alternative sources for crucia ...; Eugenio Rodolfo Sanabria Reporter 2025.05.08

South Korean Shipbuilding Giants HD Hyundai Heavy Industries and Hanwha Ocean Forge Alliance for Canada's Multi-Billion Dollar Submarine Overhaul: Seoul, South Korea – In a significant move signaling a powerful alliance in the global defense sector, South Korean shipbuil ...; Desk 2025.05.08