SEOUL, Oct. 15 (Korea Bizwire) – A Parliamentary Inspection revealed that an average of one in five foreign investors turned out to be those establishing corporations in tax havens. Authorities suspected that a large number of these potential tax evaders are Korean nationals disguised as foreign investors. According to Congressman Lee Sang-jik (New Politics Alliance for [...]
Hong Kong, Sept 3, 2014 (Korea Bizwire) – The 33rd HKTDC Hong Kong Watch & Clock Fair, the largest event of its kind in the world, opened today with over 760 exhibitors from 19 countries and regions taking part. The fair, which runs from 3-7 September at the Hong Kong Convention and Exhibition Centre, is [...]
SEOUL, June 20 (Korea Bizwire) – Asian investors including those from Hong Kong are increasing their possession of Japanese real estates. Even then, many visit to Japan not for tourism purposes but for checking the sites for themselves. Amidst the increasing perception that the Japanese real estate market is relatively undervalued, the weakening yen adds [...]
LONDON, Jun. 9 (Korea Bizwire) — Gordon Ramsay will be taking his London restaurants to Asia with the announcement that Bread Street Kitchen will be opening in central Hong Kong in September followed by further restaurants in the area and across the region later in the year and in 2015. Operating as a consultancy and [...]
SEOUL, Korea, April 15, 2014 (Korea Bizwire) – Korean conglomerates and financial service firms have almost doubled their presence in Hong Kong since the global financial debacle in 2008. However, according to Yonhap News Agency, European firms and financial companies are moving to leave the “Pearl of Asia” in droves, raising concerns among Korean companies [...]