capital spending Archives | Be Korea-savvy
Drugmakers Decide on Capital Spending

Drugmakers Decide on Capital Spending

SEOUL, Mar. 18 (Korea Bizwire) — Several South Korean pharmaceutical companies have decided to make new facility investments in a bid to hone their competitiveness, industry sources said Monday. The decisions, made at annual shareholder meetings, are seen as reflecting their efforts to streamline and expand infrastructure for research and development (R&D), as well as [...]

Growth of ICT Investment Hits 18-month Low in Q2

Growth of ICT Investment Hits 18-month Low in Q2

SEOUL, Sept. 11 (Korea Bizwire) — Facility investments by South Korean information and communications technology (ICT) companies grew at the slowest pace in 1 1/2 years in the second quarter amid chipmakers’ weak spending, central bank data showed Tuesday. ICT firms’ investment in new plants and equipment expanded 6.4 percent on-year in the April-June period, [...]