SEOUL, Dec. 13 (Korea Bizwire) — Nearly half of South Korea’s large companies have yet to come up with their investment plans for next year due mainly to high economic uncertainty, a poll showed Monday. The survey of 101 big firms out of the country’s top 500 companies showed 49.5 percent having no investment plans [...]
SEOUL, Nov. 7 (Korea Bizwire) — About 90 percent of firms in South Korea are undecided on their investment plans for next year amid lingering uncertainty despite the country’s move back to normalcy under the “living with COVID-19″ scheme, a poll showed Sunday. According to the poll conducted on 316 firms by the Korea Chamber [...]
SEOUL, Feb. 27 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, on Wednesday outlined a massive five-year investment plan centered on research and future vehicle technologies and underlined the need to maintain sufficient liquidity to guarantee growth. The announcement comes a day after U.S. activist investor Elliott Management demanded Hyundai Motor [...]