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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Asian Investment Firms Intensify Bitcoin Accumulation, Metaplanet and HK Asia Holdings Lead the Charge: As Asian investment firms aggressively step up their acquisition of Bitcoin (BTC), Japan's Metaplanet and Hong Kong's HK Asia Hold ...; Desk 2025.04.25

Paraguay to Promote Construction of Small Hydropower Plants Worth $1.4 Billion... Expecting Energy Independence and Economic Revitalization: Paraguay is pushing forward with a large-scale project to construct 22 small hydropower plants along its domestic rivers. The tota ...; Pedro Espinola Special Correspondent 2025.04.25

Paraguay Postpones Implementation of New Technical Specifications for Petroleum-Derived Liquid Fuels, Announces Strict Government Control: The Paraguayan government has announced the postponement of the enforcement date for Decree 3241/25, which stipulates new technica ...; Eugenio Rodolfo Sanabria Reporter 2025.04.25

Paraguay Pursues Establishment of a $500 Million Green Methanol Production Plant: Paraguay is taking a significant step towards a sustainable energy future. Minister of Industry and Commerce Javier Giménez ...; Desk 2025.04.25

Paraguayan Livestock Sector Urges Improvement in Meat Sector Profit Distribution: The Paraguayan livestock industry is strongly demanding an improvement in the profit distribution structure within the meat sector ...; Eugenio Rodolfo Sanabria Reporter 2025.04.24

Paraguay Opens 16 New Markets with 17 Domestic Products, Surpassing $6.9 Million in Exports: Landlocked South American nation Paraguay has achieved a remarkable feat in the first quarter of this year, successfully introduci ...; Yim Kwangsoo Correspondent 2025.04.24

Altius Group Unveils New Mixed-Use Development 'MORE PLAZA' in Asunción, Paraguay: ASUNCIÓN – Altius Group, a leading real estate development company in Paraguay, is accelerating urban development wit ...; Yim Kwangsoo Correspondent 2025.04.24

HDF Energy Partners with the Philippine Government to Accelerate Hydrogen Technology and Infrastructure Development: Manila, Philippines – Hydrogen de France (HDF Energy), a leading company in large-scale green hydrogen infrastructure and hi ...; Greace Nunez Correspondent 2025.04.24

Philippines Steps Up Research and Development Commercialization, Strengthening Government-Research-Industry Collaboration: Baguio City – The Philippines is intensifying its efforts to translate domestically developed innovative technologies into t ...; Greace Nunez Correspondent 2025.04.24

ENEX Reaffirms Plans to Build 1,100MW Gas Power Plant in Batangas, Philippines: MANILA – ENEX Energy Corporation (ENEX), a Philippine energy firm, has stated that it is still pursuing its plan to construc ...; Global Economic Times Reporter 2025.04.24

Singapore's Sovereign Wealth Fund GIC Partners with Indian Hotel Chain SAMHI in Joint Venture to Reduce Debt and Accelerate Luxury Hotel Development: SINGAPORE - Singapore's sovereign wealth fund, GIC, is entering a joint venture to co-develop India's luxury hotel market by acqui ...; Eugenio Rodolfo Sanabria Reporter 2025.04.24

More Singapore Homeowners Opt to Rent Out Instead of Selling to Move: Examining the Underlying Reasons: In Singapore, renting out one's own home is not something that comes naturally to most Singaporeans. While there are certainly sin ...; Ana Fernanda Reporter 2025.04.24

South Korea to Overhaul Bottled Water Regulations Amid Growing Concerns: Seoul, South Korea - Marking 30 years since the implementation of the bottled water sales system, the South Korean Ministry of Env ...; Hwang Sujin Reporter 2025.04.24

Mongolian Dairy Farmers Embody Korean Saemaul Spirit, Aspiring for Self-Reliance: Ulaanbaatar – On the sprawling grasslands of the Jargalant region in Mongolia, where cows graze peacefully, Byambasuren Dava ...; KO YONG-CHUL Reporter 2025.04.24

Puma Leaps Ahead in Sustainable Fashion, Achieves 90% Recycled and Certified Materials Target Ahead of Schedule: Global sportswear giant Puma has demonstrated a significant stride in sustainability by achieving its 2024 target of using 90% rec ...; Greace Nunez Correspondent 2025.04.24

Baltic Sea Breakthrough: World's Longest Immersed Tunnel Forges New Link Between Scandinavia and Continental Europe: Lolland, Denmark - Construction is well underway on the groundbreaking Fehmarnbelt Tunnel, an ambitious 18-kilometer immersed unde ...; Greace Nunez Correspondent 2025.04.24

Egypt Gears Up for High-Speed Rail Era with Arrival of First 'Velaro' Train: Cairo, Egypt - Egypt is on the cusp of inaugurating a new era in transportation as it prepares for the arrival of its first high-s ...; Eugenio Rodolfo Sanabria Reporter 2025.04.24

China Steps into the Ring and onto the Track with Pioneering Robot Competitions: The realm of science fiction, reminiscent of the cinematic portrayal in "Real Steel," where towering robots engage in fierce boxin ...; Ana Fernanda Reporter 2025.04.23

China's Robot Sector Booms with Over 60,000 New Firms in 2024, Fueled by Humanoid Rental Market: Beijing, China - China's robotics industry is experiencing a significant surge, with over 63,000 new robot-related companies regis ...; Pedro Espinola Special Correspondent 2025.04.23

Trump Tariffs Threaten to Cede US Lead in Humanoid Robotics to China: Concerns are mounting that the United States' humanoid robotics industry could fall behind China due to tariffs imposed during the ...; Pedro Espinola Special Correspondent 2025.04.23