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FDI Pledges to S. Korea Hit Record High Through September

FDI Pledges to S. Korea Hit Record High Through September

SEOUL, Oct. 5 (Korea Bizwire) — Foreign direct investment (FDI) pledges to South Korea rose 18.2 percent on-year during the first nine months of this year on the solid growth in investment in such advanced sectors as chips and batteries, the industry ministry said Wednesday. The country received US$21.52 billion worth of FDI commitments during [...]

Trials for Military Sexual Crimes Jump 77.6 pct Over Past 4 Years

Trials for Military Sexual Crimes Jump 77.6 pct Over Past 4 Years

SEOUL, Oct. 2 (Korea Bizwire) — Trials for sexual crimes in the military jumped 77.6 percent over the past four years, according to data from military courts. The number of trials for active-duty soldiers accused of sexual crimes amounted to 2,185 between 2018 and last year, according to the data provided to Rep. Kim Seung-won [...]

Number of Businesses in S. Korea Up 0.7 pct in 2021

Number of Businesses in S. Korea Up 0.7 pct in 2021

SEJONG, Sept. 29 (Korea Bizwire) — The number of companies doing business in South Korea edged up in 2021 from a year earlier amid the economic recovery, government data showed Thursday. Asia’s fourth-largest economy had 6.08 million businesses last year, up 0.7 percent, or 44,000, from 2020, according to the data from Statistics Korea. The [...]