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FDI Pledges to S. Korea Hit Record High in H1

FDI Pledges to S. Korea Hit Record High in H1

SEOUL, July 4 (Korea Bizwire) — Foreign direct investment (FDI) pledges to South Korea jumped 54.2 percent on-year in the first six months of this year to reach a record high for any first-half period, data showed Tuesday. The country received US$17.09 billion of FDI commitments in the January-June period, compared with $11.09 billion logged [...]

FDI Pledges to S. Korea Hit record Q1 High of US$5.63 bln

FDI Pledges to S. Korea Hit record Q1 High of US$5.63 bln

SEOUL, April 6 (Korea Bizwire) — Foreign direct investment (FDI) pledges to South Korea rose 3.4 percent on-year in the first quarter of 2023 to reach the highest first-quarter figure ever, data showed Thursday. The country received US$5.63 billion of FDI commitments in the January-March period, compared with $5.45 billion logged a year earlier, according [...]

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 [...]

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 [...]

FDI Pledges Made to S. Korea Hit All-time High in 2021

FDI Pledges Made to S. Korea Hit All-time High in 2021

SEOUL, Jan. 10 (Korea Bizwire) — Foreign direct investment (FDI) pledges made to South Korea surged 42.3 percent in 2021 from a year earlier to reach an all-time high, data showed Monday. Foreigners pledged to invest US$29.51 billion in South Korea in 2021, compared with $20.7 billion a year earlier, according to the data by [...]

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 [...]