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 [...]
SEOUL, Jan. 6 (Korea Bizwire) — New foreign direct investment (FDI) pledged to South Korea fell 13.3 percent on-year in 2019, data showed Monday, in the face of the escalating trade dispute between the United States and China. South Korea received US$23.3 billion worth of FDI commitments last year, compared with $26.9 billion in 2018, [...]
SEOUL, Dec. 9 (Korea Bizwire) — New foreign direct investment (FDI) pledged to South Korea has surpassed US$20 billion this year, thanks to rising interest in the nation’s materials, parts and equipment industries, government data showed Monday. South Korea received $20.3 billion worth of FDI commitments as of Dec. 2, according to the data released [...]
SEJONG, Dec. 23 (Korea Bizwire) - Foreign direct investment (FDI) in South Korea surpassed the US$15 billion mark this year for the first time ever, driven by a free trade pact with China and more favorable business conditions, the government said Wednesday. As of Tuesday, the amount of FDI that arrived in the country reached $15.19 [...]
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 [...]
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, [...]