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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Paraná Plateau Auto Show Nears Opening: Latest Vehicles and Special Financing Benefits All in One Place: The largest automotive exhibition in Paraguay, the '41st Expo Rodados,' co-hosted by Cooperativa Universitaria and ÚH Event ...; Eugenio Rodolfo Sanabria Reporter 2025.03.28

Paraguayan Rural Association Meets with Israeli Ambassador to Discuss Cooperation Plans: Following the recent opening of the Israeli market, a delegation from the Paraguayan Rural Association (ARP) met with Amit Mekel, ...; Ana Fernanda Reporter 2025.03.27

Cheonan Unveils Ambitious Plan to Generate 30,000 Jobs in 2025: CHEONAN, SOUTH KOREA – Cheonan City has announced a comprehensive strategy aimed at generating 30,000 new employment opportu ...; KO YONG-CHUL Reporter 2025.03.26

Chungnam Province Offers Low-Interest Loans to Ease Livestock Farmers' Feed Costs: CHUNGNAM, SOUTH KOREA - Chungcheongnam-do Province has announced a significant financial support initiative aimed at alleviating t ...; HONG MOON HWA Senior Reporter 2025.03.26

South Chungcheong Province Extends Land Survey Fee Reductions to Ease Residents' Financial Strain: SOUTH CHUNGCHEONG PROVINCE, KOREA – South Chungcheong Province is continuing its initiative to reduce the financial burden o ...; HONG MOON HWA Senior Reporter 2025.03.26

Singapore Sets Standard for Electric Vessel Charging in Green Port Push: SINGAPORE - In a significant stride towards decarbonizing its maritime sector, Singapore has unveiled a new technical reference ai ...; Desk 2025.03.26

Paraguay Exploring Adoption of International TIR Transit System to Boost Trade Efficiency: ASUNCIÓN, Paraguay – Paraguay is actively considering the adoption of the UN-backed international TIR (Transports Int ...; Yim Kwangsoo Correspondent 2025.03.26

Vietnam Approves $93.3 Million Port Project in Ba Ria-Vung Tau to Boost Regional Economy: BA RIA-VUNG TAU, Vietnam - Vietnam’s Deputy Prime Minister Tran Hong Ha has authorized the investment policy for the Long So ...; ONLINE TEAM 2025.03.25

Vietnam's Historic Reunification Express: A Journey Through Time: HANOI, VIETNAM - For travelers seeking an authentic overland experience in Vietnam, the iconic North-South railway, also known as ...; KO YONG-CHUL Reporter 2025.03.25

ING Boosts Green Finance in the Philippines, Citing Stable Economy and Renewable Energy Potential: MANILA - Netherlands-based banking giant ING has reaffirmed its commitment to expanding its green finance initiatives in the Phili ...; KO YONG-CHUL Reporter 2025.03.25

Microsoft Invests ZAR 5.4 Billion to Boost South Africa's Cloud and AI Infrastructure: JOHANNESBURG, South Africa – Microsoft has announced a substantial investment of ZAR 5.4 billion (approximately $290 million ...; Ana Fernanda Reporter 2025.03.25

Egyptian-Spanish Partnership to Construct $2.6 Billion Gas-Fired Power Plant in Saudi Arabia: RIYADH, Saudi Arabia – Orascom Construction, an Egypt-based engineering and construction giant, has joined forces with Spain ...; Eugenio Rodolfo Sanabria Reporter 2025.03.25

New Zealand Cruise Industry Faces Dramatic Decline, Industry Leaders Seek Urgent Action: Auckland, New Zealand – The New Zealand cruise industry is facing a severe downturn, with projected port bookings plummeting ...; KO YONG-CHUL Reporter 2025.03.25

Air New Zealand's Business Premier: A 'Kia Ora' to Comfortable Long-Haul Travel: Auckland, New Zealand – Air New Zealand's Business Premier cabin is making waves with its commitment to passenger comfort, p ...; Graciela Maria Reporter 2025.03.25

Drone Survey Revolutionizes Palm Oil Farming in Andhra Pradesh: AYYAVARAM, Andhra Pradesh – 3F Oil Palm Pvt Ltd has successfully completed a pioneering drone survey in Ayyavaram Village, W ...; Pedro Espinola Special Correspondent 2025.03.25

Indonesian Ministry of Transportation Denies Receiving Permit Applications from 'Indonesia Airlines': JAKARTA – The Indonesian Ministry of Transportation has issued a statement clarifying that it has not received any applicati ...; Hee Chan Kim Reporter 2025.03.25

Qatar Invests Billions in Indonesia's Affordable Housing, Facing Cultural and Logistical Hurdles: JAKARTA – In a landmark move to address Indonesia's burgeoning housing crisis, Qatar has pledged to invest between $16 billi ...; Ana Fernanda Reporter 2025.03.25

Airport Dimensions Expands into Indonesia with Blue Sky Group Partnership: MAKASSAR, INDONESIA – Airport Dimensions, a global leader in airport experiences, has announced a significant expansion into ...; Eugenio Rodolfo Sanabria Reporter 2025.03.25

Indonesia's LNG Push Sparks Surge in Small-Scale Carrier Demand: JAKARTA – Indonesia's ambitious $1.5 billion initiative to replace diesel with liquefied natural gas (LNG) in its power sect ...; Eugenio Rodolfo Sanabria Reporter 2025.03.25

Hyundai Steel to Build $5.8 Billion Electric Arc Furnace Steel Mill in Louisiana, US: Hyundai Steel announced on March 25th its plan to establish a 2.7 million-ton electric arc furnace (EAF) steel mill in Louisiana, ...; KO YONG-CHUL Reporter 2025.03.25