The ABCs of Sustainable Development Goals and Sudan’s situation X
Goal 9: Industry, innovation and infrastructure By Dr. Hassan Humeida Kiel, Germany: The ninth goal of the United Nations Sustainable Development Goals seeks to build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation. In practice, this goal represents the core basis for global economic growth and sustainable development until 2030. Its importance is […]
China’s industrial profits return to black despite trade war
China’s economy is stabilizing with latest statistics pointing toward a mild rebound in May, as domestic companies strive to shake off the negative impact of the China-US trade war through internal improvements and flexible business strategies. According to data released by the National Bureau of Statistics (NBS) on June 27, above-scale industrial companies, referring […]
S. Korea, India hold seminar on defense industry ties
South Korea and India held a seminar to discuss ways to strengthen defense industry cooperation and help Korean firms expand into the South Asian country, the arms procurement agency here said Wednesday. The one-day seminar was held in the Indian capital of New Delhi as part of measures to follow up on the February summit […]
Redrawing Korea’s Industrial Map
“It will take at least 100 years to rebuild this country,” Gen. Douglas MacArthur once said as he faced the war-ravaged cities of Korea while leading the United Nations forces during the Korean War. As one of the world’s poorest countries, post-war Korea’s per capita gross domestic product was less than US$67. Contrary to MacArthur’s […]
Techno-Nationalism vs. the Fourth Industrial Revolution
What is the impact of techno-nationalism on global innovation? Does it advance, protect or impede it? Over the coming two decades, the answers may determine the economic success, competitiveness and geostrategic position not only of Asian nations but much of the world. We are at a historical inflection point. The international rules-based economic order […]
Gov’t to limit operation of coal power plants to curb fine dust pollution
South Korea’s industry ministry said Wednesday it will regulate the operation of coal power plants to reduce emissions of fine dust as the country faced its worst level of pollution in recent days. The Ministry of Trade, Industry, and Energy said it will move to have 60 coal power plants scale down their operations […]
Euljiro provides window into Seoul’s industrial past
Euljiro industrial supply market, a sprawling web of sheet-roofed shelters nestled within high-rise buildings in downtown Seoul, has seen better days. “Business is bad. Export orders keep falling because other countries can now manufacture parts on their own,” Jeon Yong-sik, 67, a metal spinning craftsman with 50 years of experience, said at his store […]
New energy industry: Korea’s next growth engine
By Joo Hyung-hwan – The Korea Times Korea has never stopped seeking fast-growing sectors for targeted investments that can provide new impetus to the country’s economic growth. As its latest initiative for a new growth engine, the Ministry of Trade, Industry and Energy (MOTIE) unveiled a detailed investment plan on July 5 to promote the […]
Turkey to build industrial city in Iran
Head of Iran’s Chamber of Commerce Mohsen Jalalpour said that Turkey is planning to construct an industrial city in Iran, ISNA reports. “Istanbul’s Chamber of Industries will build an industrial city with 140 units in Iran,” Jalalpour told reporters on June 15, He reiterated that Turkey will invest $10 billion in the construction of the […]
Kazakhstan redirecting foreign investments for industrialization
This year Kazakhstan will implement seven projects totaling $237 million with the participation of anchor investors and transnational companies, such as JAC, Hikma, Carmeuse Group, Cremonini, Peugeot, Citroёn, IVECO, and Tenaris, in the pharmaceutical, chemical, agro-processing, mining, metallurgical, and construction industries, Kazakh Minister for Investment and Development Aset Isekeshev said on May 17 at a […]
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