SEOUL, Aug. 18 (Korea Bizwire) – In partnership with Japanese investment companies, domestic startup businesses are hoping to target the Japanese market. KOTRA, the Korea Trade Promotion Corporation, signed an agreement with startup businesses and Japanese venture capital firms (VCs) as part of its ‘Startup Growth’ initiative. ‘Startup Growth’ is a program that connects overseas [...]
MIAMI, Jul. 30 (Korea Bizwire) — Having recently received regulatory approval from the Labuan Financial Services Authority, PA Group’s expansion in Asia has also seen the appointment of new business development head Edward Pantani to market its Premier Trust investment solutions in the region. “We began operating in Asia two years ago and have witnessed [...]
SEOUL, July 30 (Korea Bizwire) – Wealthy Chinese investors are eyeing real estate markets in Japan and Korea. According to the China Daily, big Chinese players are shifting their investment targets from Australia and the United States to Japan and Korea. Jeju Island in Korea and big cities in Japan like Tokyo, Osaka and Nagoya are [...]
PHILADELPHIA PA, Jul. 8 (Korea Bizwire) - McAdam, the Philadelphia-based boutique financial planning firm with nearly 200 advisors, released an infographic today outlining the six key qualities of an “advanced” financial advisor. With well over a quarter million financial advisors currently in the United States according to a study by Cerulli Associates, the infographic has [...]
SEJONG, July 9 (Korea Bizwire) – South Korea will invest nearly 10 trillion won (US$88 billion) over the next three years to help boost its exports, the government said Thursday. The move comes as the country posted an on-year drop in its exports for six consecutive months since January. In the first six months of [...]
SEOUL, May 7 (Korea Bizwire) — China became South Korea’s second-largest investment destination last year, relegating the European Union (EU) to the third spot, central bank data showed Thursday. South Korea’s external investment, which includes stocks and bonds, reached US$716.6 billion at the end of last year, up $95.5 billion from the previous year, according to [...]
SEOUL, March 13 (Korea Bizwire) – Hyundai Motor Group Chairman Chung Mong-koo said Friday that the nation’s largest automaker will push to enhance product competitiveness by expanding investment this year amid fierce competition from foreign brands and growing uncertainty at home and abroad. In his greeting to investors ahead of a general meeting of shareholders, Chung said [...]
SEOUL, Mar. 6 (Korea Bizwire) — South Korean institutions’ investments in foreign securities grew at the fastest pace since 2007 last year on a rise in massive buying of foreign bonds and so-called Korean paper, central bank data showed Friday. The outstanding value of foreign securities held by institutional investors jumped by US$20.9 billion in [...]
SEOUL, Feb. 1 (Korea Bizwire) – The government said Sunday it will kick off a 30 trillion won (US$27.4 billion) investment promotion program this month that aims to get companies to pour more money into new growth engines, build up core businesses and engage in large social overhead capital (SOC) projects. The inter-ministerial program supported [...]
SEOUL, Jan. 31 (Korea Bizwire) – Twelve major Korean asset management firms increased foreign stock transactions via their overseas investment funds by 63.9 percent from 2013 to 2014. The number of said transactions reached 79,687 in 2014, according to an announcement from the Korea Securities Depository (KSD) on January 30. The stock trades within their [...]