investment Archives | Be Korea-savvy
Regulator Revises Stewardship Code for Institutional Investors to Join Corporate Value-up Scheme

Regulator Revises Stewardship Code for Institutional Investors to Join Corporate Value-up Scheme

SEOUL, Mar. 14 (Korea Bizwire) – The financial regulator said Thursday it revised a stewardship code for institutional investors to encourage them to join a corporate value-up scheme. The revised code urges institutional investors to “check to make sure the companies they invest in establish and implement long-term strategies to improve their corporate value,” and [...]

Industrial Output, Retail Sales Inch Up amid Weak Investment in January

Industrial Output, Retail Sales Inch Up amid Weak Investment in January

SEOUL, Mar. 4 (Korea Bizwire) — South Korea’s industrial output inched up in January despite the marked fall in semiconductor production, data showed Monday. Industrial output gained 0.4 percent on-month last month, the third consecutive on-year increase, according to the data compiled by Statistics Korea. But the output in the overall mining manufacturing sector shed [...]

FM Cho Calls for U.S. Entrepreneurs to Expand Investment in S. Korea

FM Cho Calls for U.S. Entrepreneurs to Expand Investment in S. Korea

WASHINGTON, Feb. 28 (Korea Bizwire) – South Korean Foreign Minister Cho Tae-yul called on American entrepreneurs to “more actively” expand their investment in Korea, stressing Seoul’s endeavors to ensure a friendly business environment in the Asian country, his office said Wednesday. Cho made the call during Tuesday’s meeting with representatives from a series of companies, [...]

S. Korea, Britain to Launch Dialogue for Investment Cooperation

S. Korea, Britain to Launch Dialogue for Investment Cooperation

SEOUL, Feb. 8 (Korea Bizwire) — South Korea’s finance ministry said Thursday it has agreed with Britain to launch a dialogue for investment cooperation as the two countries seek to expand bilateral ties. First Vice Finance Minister Kim Byoung-hwan signed the memorandum of understanding with his British counterpart, Lord Dominic Johnson, during their meeting in [...]

Institutional Investors’ Enthusiasm Grows for Innovative Private Equity Fund

Institutional Investors’ Enthusiasm Grows for Innovative Private Equity Fund

Investors with deep pockets seek refuge in GDP Capital’s PE-BOND Fund amidst turbulent markets   KUALA LUMPUR, Malaysia, Jan. 09, 2024 (Korea Bizwire) — The COVID-19 pandemic has unleashed unprecedented economic turmoil, resulting in contracting markets and dwindling returns worldwide. Private Equity and other investment sectors find themselves navigating an exceptionally challenging and unpredictable landscape. [...]

Korean Government’s Eased Capital Gains Tax on Stocks Fuels Surge in Secondary Battery Investments

Korean Government’s Eased Capital Gains Tax on Stocks Fuels Surge in Secondary Battery Investments

SEOUL, Jan. 3 (Korea Bizwire) – Following the Korean government’s announcement that it would ease the capital gains tax on stocks, a significant shift in investment has been observed towards sectors like secondary batteries. According to the Korea Exchange, since the government’s announcement that it would relax the threshold for imposing transfer taxes from the existing [...]

Saudi Arabia Open to Joint Investment in Global Mines with S. Korea: Riyadh Minister

Saudi Arabia Open to Joint Investment in Global Mines with S. Korea: Riyadh Minister

SEOUL, Dec. 14 (Korea Bizwire) — Saudi Arabia is open to partnering with South Korea in joint mine investments in third countries to help Seoul strengthen its supply chain resilience involving rare earth minerals, a senior Riyadh official said Thursday. In an interview with Yonhap News Agency held in Seoul, Bandar Alkhorayef, Saudi minister of [...]

About Half of Top 500 Firms Remain Undecided on 2024 Investment Plans: Poll

About Half of Top 500 Firms Remain Undecided on 2024 Investment Plans: Poll

SEOUL, Dec. 4 (Korea Bizwire) — About half of big firms in South Korea remain undecided on their investment plans for next year, according to a survey released Monday, an indication of how many companies are going through economic uncertainties. In the survey conducted by polling agency Mono Research on the leading 500 companies in [...]

73 Percent of Korean Adults Intend to Invest Money for ‘Godsaeng’

73 Percent of Korean Adults Intend to Invest Money for ‘Godsaeng’

SEOUL, Nov. 8 (Korea Bizwire) – A recent survey has revealed that over 70 percent of Korean adults have expressed intent to make financial investments for the pursuit of ‘Godsaeng,’ a term coined to represent a diligent and exemplary life.  ‘Godsaeng’ is a neologism formed by combining ‘God’ and ‘saeng’ (meaning ‘life’ in Korean) and signifies [...]