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 Enhances Labor Market Flexibility with Expanded Work Permit Options and Diversified Workforce Sources: Singapore is set to introduce significant changes to its labor market policies, aimed at enhancing flexibility and addressing work ...; Graciela Maria Reporter 2025.03.11

Calypte Holdings Challenges Indonesian Skies with New Premium Airline: Jakarta, Indonesia – Calypte Holdings, a Singapore-based investment firm, has announced its ambitious plan to establish a ne ...; Eugenio Rodolfo Sanabria Reporter 2025.03.11

Jet Aviation Enhances Asia-Pacific Presence with Singapore Facility's ACJ Certification: Singapore – Jet Aviation, a global leader in aviation services, has significantly strengthened its presence in the Asia-Paci ...; Ana Fernanda Reporter 2025.03.11

Air France Boosts Raleigh-Durham Service with Daily Flights and Aircraft Upgrade: Raleigh-Durham, NC – Air France has announced a significant expansion of its service between Paris-Charles de Gaulle Interna ...; KO YONG-CHUL Reporter 2025.03.10

Canada Bolsters Arctic Presence with $3.25 Billion Icebreaker Deal, Amidst Growing International Cooperation: Ottawa, Canada – In a significant move to strengthen its Arctic capabilities, the Canadian government has awarded Davie Ship ...; Yim Kwangsoo Correspondent 2025.03.10

Fiji Sets Sail Towards Maritime Dominance with Australian-Backed Shipbuilding Revival: Suva, Fiji – Fiji is charting a course to reclaim its maritime heritage and establish itself as the Pacific's premier shipbu ...; Graciela Maria Reporter 2025.03.10

AD Ports Group Advances Safaga Terminal with Arrival of Advanced Cranes: SAFAGA, Egypt – AD Ports Group is making significant strides in the development of its new multipurpose cargo terminal in Sa ...; Eugenio Rodolfo Sanabria Reporter 2025.03.10

Czech Railways Sees 3% Passenger Increase in 2024, Driven by International Travel and Modernization: Prague, Czech Republic – Czech Railways (České dráhy) reported a significant milestone in 2024, transporting 1 ...; Pedro Espinola Special Correspondent 2025.03.10

Axpo and Klimaoprema Forge 10-Year Green Energy Partnership in Croatia: Zagreb, Croatia – Swiss energy provider Axpo and Croatian manufacturer Klimaoprema have solidified a significant commitment ...; KO YONG-CHUL Reporter 2025.03.10

Tesla Dethroned by Volkswagen in Global EV Sales Amidst European Slump: Tesla, the electric vehicle giant steered by Elon Musk, has relinquished its global sales crown to Volkswagen Group in January, ex ...; Ana Fernanda Reporter 2025.03.10

Monthly Rent Deals Overtake Jeonse in Seoul Apartment Rental Market: Seoul's apartment rental market is experiencing a significant shift, with monthly rent transactions now surpassing traditional "je ...; Hwang Sujin Reporter 2025.03.10

Automation in Bangladesh Garment Factories: Boosting Production, Raising Concerns: Dhaka, Bangladesh – Bangladesh's garment industry, a cornerstone of the nation's economy, is undergoing a significant transf ...; ONLINE TEAM 2025.03.09

Aluminium Bahrain Joins Sea Cargo Charter, Strengthening Industry Push for Maritime Decarbonization: COPENHAGEN, March 4 – The Sea Cargo Charter (SCC) has welcomed Aluminium Bahrain B.S.C. (Alba), the world’s largest si ...; Desk 2025.03.09

See how Australia’s first 3D-printed multi-storey house is being built: four bedrooms in five weeks: Canberra – Recent Chinese naval deployments in the waters surrounding Australia have served as a stark reminder of the evolv ...; Eugenio Rodolfo Sanabria Reporter 2025.03.09

Italian Energy Giants Saipem and Divento Forge Alliance to Advance Floating Offshore Wind Projects: Rome, Italy – In a significant move to accelerate Italy's transition to renewable energy, Saipem, a global leader in enginee ...; Pedro Espinola Special Correspondent 2025.03.09

Baykar and Leonardo Forge Strategic Drone Partnership, Eyeing Europe's $100 Billion Market and GCAP's "Loyal Wingman" Role: Rome, Italy – In a significant move set to reshape Europe's unmanned aerial vehicle (UAV) landscape, Turkish drone powerhous ...; Graciela Maria Reporter 2025.03.09

Emirates Expands Premium Economy Network with Upgraded Boeing 777s, Adding London Stansted and Seoul: Dubai, UAE – Emirates Airline is set to enhance its global connectivity and passenger comfort by expanding its network of re ...; ONLINE TEAM 2025.03.09

Bean Voyage and Starbucks Foundation Expand Program to Empower Women Coffee Farmers in Costa Rica: Costa Rica – Bean Voyage, in partnership with The Starbucks Foundation, has announced the continuation and expansion of its ...; Yim Kwangsoo Correspondent 2025.03.09

Chile Gradually Reduces Working Hours with Landmark "40-Hour Law": Santiago, Chile – In a significant move towards enhancing workers' quality of life, Chile is progressively implementing Law ...; Desk 2025.03.09

Industrial Fishing Threatens Peru's Protected Marine Reserves: Paracas National Reserve, Peru - Tensions are rising in Peru as industrial fishing fleets encroach on protected marine reserves, t ...; Eugenio Rodolfo Sanabria Reporter 2025.03.09