SEOUL, July 28 (Korea Bizwire) — The government has decided to ease its restrictions on foreign ownership of private jets. These limitations have served as a stumbling block preventing domestic companies from registering private jets. The Ministry of Land, Infrastructure and Transport sasid Tuesday that it would move forward with a revision of the Aviation [...]
SEOUL, Dec. 4 (Korea Bizwire) — Foreign ownership of South Korean land rose 1.2 percent in the first half of 2020 from the end of 2019, the land ministry said Friday. Foreigners owned 251.6 square kilometers — slightly more than four times the size of Manhattan — at the end of June. It represents 0.25 [...]
SEOUL, March 24 (Korea Bizwire) — Foreign ownership of Samsung Electronics Co. has fallen to a 13-month low amid offshore investors’ selling binge sparked by fears over a coronavirus-induced global economic recession, data showed Tuesday. Foreign investors owned 55.37 percent of Samsung Electronics, the world’s No. 1 smartphone and memory chipmaker, as of Friday, according [...]
SEOUL, Aug. 28 (Korea Bizwire) — Foreign ownership of listed firms belonging to South Korea’s top 10 conglomerates tumbled nearly 4.6 percent over the past month amid a market correction, data showed Monday. Offshore investors held a combined 349.2 trillion won (US$310 billion) worth of shares in 95 listed firms of the leading business groups [...]
SEOUL, Aug. 18 (Korea Bizwire) — Foreign ownership of stocks traded on South Korea’s secondary stock market has hit a new high, data showed Friday, as offshore investors turn to undervalued tech firms there after exiting the main bourse. As of Thursday, offshore investors held 25.98 trillion won (US$22.8 billion) worth of shares traded on [...]
SEOUL, Jul. 13 (Korea Bizwire) — Foreign ownership of South Korean stocks hit a record high recently, buttressed by sound corporate earnings and expectations of a global economic recovery, market data showed Thursday. The market capitalization of stocks held by foreigners stood at 602 trillion won (US$528 billion) as of Tuesday, the largest ever according [...]
SEOUL, May 20 (Koreabiz Wire) – Foreign ownership of land in South Korea grew slightly last year compared to 2014 amidst increasing Chinese investment in the southern resort island of Jeju, said a government official Friday. In total, some 20.6 million square meters, or 1.1 percent, of Jeju Island is owned by foreigners. According to the [...]
SEOUL, Nov. 13 (Korea Bizwire) – Foreign ownership of land in Seoul has inched up from a year earlier on the back of increased ownership of Chinese nationals, data showed Friday. According to the data by the Seoul Metropolitan Government, the amount of land owned by foreign investors and companies in the South Korean capital [...]