Foreign direct investment Archives | Be Korea-savvy
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 [...]

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 [...]

S. Korea Eyes More Deregulation to Lure Foreign Investment

S. Korea Eyes More Deregulation to Lure Foreign Investment

SEJONG, May 6 (Korea Bizwire) — South Korea will further remove unnecessary and excessive regulations concerning foreign direct investment (FDI) as part of efforts to boost foreign investment and the local economy, the government said Wednesday. Under its latest measures, approved at a Seoul meeting of economy-related ministers, the government will work to remove or [...]

Korean Pharmaceutical Firms Increase FDI to Obtain Advanced Technology and to Expand Markets

Korean Pharmaceutical Firms Increase FDI to Obtain Advanced Technology and to Expand Markets

SEOUL, March 16 (Korea Bizwire) – Foreign direct investment (FDI) by Korean pharmaceutical firms was three times greater in 2014 compared to the previous year. According to a report from the Korea Health Industry Development Institute (KHIDI), which analyzed Korean pharmaceutical industry FDI trends, local drug makers reported a record US$154.9 million in FDI last year, [...]