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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Singapore's Mobile Data Price War: Consumers Reap the Rewards of Fierce Competition: SINGAPORE – Gone are the days when mobile data in Singapore was a precious commodity, carefully measured in gigabytes and of ...; KO YONG-CHUL Reporter 2025.03.31

Singapore Bolsters Maritime Training to Navigate the Future of Technology: Singapore - The Maritime and Port Authority of Singapore (MPA) is proactively enhancing its maritime training programs to equip pr ...; Desk 2025.03.31

VNYA Career Fair Bridges Gap for Aspiring Graduates in Singapore's Competitive Job Market: SINGAPORE - The Vietnamese Youth Alliance in Singapore (VNYA) successfully hosted its 2025 Career Fair at Singapore Management Uni ...; Ana Fernanda Reporter 2025.03.31

Qantas Revives Darwin-Singapore Link, Boosting Territory Tourism and European Access: DARWIN, AUSTRALIA - Qantas (QF) today, March 30, 2025, celebrated the launch of its highly anticipated direct flights between Darw ...; KO YONG-CHUL Reporter 2025.03.31

Australia and Singapore Boost Green Shipping with A$20 Million Funding Initiative: Singapore – In a significant step towards decarbonizing maritime transport, Australia and Singapore have jointly announced t ...; Ana Fernanda Reporter 2025.03.31

Mercedes-Benz Dealer HS Hyosung The Class Enhances Customer Convenience with Innovative Service Initiatives: SEOUL, South Korea – HS Hyosung The Class, a prominent official dealer of Mercedes-Benz in South Korea, is redefining the au ...; KIM YOUNG MIN 2025.03.30

Chungnam Province Charts 10-Year Growth Trajectory for its Seaweed Industry: Chungnam Province has initiated a comprehensive research project to map out the future of its thriving Kim (seaweed) industry over ...; HONG MOON HWA Senior Reporter 2025.03.30

Chungnam Province Boosts Game Industry with Extensive 2025 Support Initiatives: The Chungnam Information & Culture Industry Promotion Agency (CICIPA) is set to inject significant momentum into the regional ...; HONG MOON HWA Senior Reporter 2025.03.30

Chungcheongnam-do Governor Pledges Full Support for 2027 Nonsan World Strawberry Industry Expo: Nonsan, South Korea - Kim Tae-heum, the Governor of Chungcheongnam-do Province, has announced his strong commitment to supporting ...; HONG MOON HWA Senior Reporter 2025.03.30

Cheonan Launches 'Youth Challenge Project' with Significant Funding: CHEONAN, SOUTH KOREA - Cheonan City is inviting young innovators to participate in its ‘2025 Cheonan-Style Youth Challenge P ...; HONG MOON HWA Senior Reporter 2025.03.30

Cheonan Station Set for Major Transformation as Expansion Project Gets Underway: Cheonan, South Korea – The long-awaited expansion and renovation of Cheonan Station on the Gyeongbu Line is finally set to b ...; KO YONG-CHUL Reporter 2025.03.30

South Chungcheong Revives 1970s Pop Icon Hye-euni with AI to Boost Tourism: South Chungcheong Province is taking an innovative approach to promote its 2025-2026 "Visit South Chungcheong Year" campaign by en ...; HONG MOON HWA Senior Reporter 2025.03.30

Chungnam Province Unveils Ambitious Plan to Generate 100,000 Jobs with Near 1 Trillion Won Investment: Chungcheongnam-do (South Chungcheong Province) has set its sights on a significant boost to the regional economy, announcing a com ...; HONG MOON HWA Senior Reporter 2025.03.30

Taean-Anseong Private Expressway Project Accelerates with Feasibility Study Underway: Taean-Anseong, SOUTH KOREA - The proposed Taean-Anseong Expressway, a significant private investment project first suggested in De ...; HONG MOON HWA Senior Reporter 2025.03.30

Philippines Bets Big on Pumped-Storage Hydropower as Energy Demand Surges: Manila, Philippines – A significant shift is underway in the Philippines' energy landscape as the nation embraces pumped-sto ...; Graciela Maria Reporter 2025.03.30

Philippines Seeks Broader Indo-Pacific Security Coalition, Eyes India and South Korea for "Squad" Expansion: The Philippines is actively pursuing the expansion of its informal security grouping, known as the "Squad," to include India and S ...; Eugenio Rodolfo Sanabria Reporter 2025.03.30

Philippine Navy Launches Second Advanced Corvette in South Korea, Boosting Naval Modernization: Ulsan, South Korea – The Philippine Navy marked another significant milestone in its modernization efforts with the ceremoni ...; Desk 2025.03.30

US Tariffs Cast Shadow Over Mexico's Booming EV Sector: Mexico - Despite significant growth and ambitious government initiatives, Mexico's burgeoning electric vehicle (EV) manufacturing ...; Pedro Espinola Special Correspondent 2025.03.30

Major Milestone for Vaca Muerta: Shell and Chevron Join $3 Billion Export Pipeline Project: Buenos Aires, Argentina - In a significant boost to Argentina's ambitions to become a major global oil exporter, energy giants She ...; Ana Fernanda Reporter 2025.03.30

Coffee Prices Plunge as Brazil Rain Eases Supply Concerns: SEOUL, SOUTH KOREA - Coffee futures experienced a significant downturn today, adding to losses from earlier in the week, as foreca ...; Desk 2025.03.30