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FDI in Free Economic Zones Soars 164 pct in H1: Data

FDI in Free Economic Zones Soars 164 pct in H1: Data

SEOUL, July 21 (Korea Bizwire) — Foreign direct investment (FDI) pledged to South Korea’s free economic zones (FEZs) more than doubled in the first half of this year to hit a three-year high amid post-pandemic economic recovery, data showed Thursday. The country’s nine FEZs received US$560 million worth of FDI commitment during the January-June period, [...]

FDI Pledges to S. Korea Fall 15.6 pct in H1 amid Global Uncertainties

FDI Pledges to S. Korea Fall 15.6 pct in H1 amid Global Uncertainties

SEOUL, July 15 (Korea Bizwire) – Foreign direct investment (FDI) pledges to South Korea fell 15.6 percent in the first half of this year from a year earlier amid global uncertainties caused by the prolonged crisis surrounding Ukraine and surging inflation, the industry ministry said Friday. The country received US$11.09 billion worth of FDI commitments [...]

FDI Pledges to S. Korea Hit 1st-quarter High Despite Global Uncertainties

FDI Pledges to S. Korea Hit 1st-quarter High Despite Global Uncertainties

SEOUL, April 7 (Korea Bizwire) — Foreign direct investment (FDI) pledges to South Korea jumped 14.9 percent in the first quarter from a year earlier to reach the highest first-quarter figure ever, data showed Thursday. The country received US$5.45 billion worth of FDI commitments in the January-March period, compared with $4.74 billion logged a year [...]

Foreign Investment in S. Korea Spikes 5,000 Times in 60 Years: Data

Foreign Investment in S. Korea Spikes 5,000 Times in 60 Years: Data

SEOUL, Nov. 2 (Korea Bizwire) — Foreign direct investment (FDI) pledged to the country has surged more than 5,000 times in 60 years, which helped play a key pillar of now Asia’s fourth-largest economy, the industry ministry said Tuesday. In 1962, a local carmaker reported receiving US$3 million in foreign investment, the first of its [...]

Seoul Draws Record US$10.2 bln in FDI in 2020 Despite Pandemic

Seoul Draws Record US$10.2 bln in FDI in 2020 Despite Pandemic

SEOUL, March 10 (Korea Bizwire) — Seoul attracted a record US$10.2 billion in foreign direct investment last year despite the economic toll of the coronavirus pandemic, the city government said Wednesday. Last year was also the second consecutive year FDI in the capital city topped $10 billion, continuing an upward trend since 2017, according to [...]