SEOUL, Dec. 13 (Korea Bizwire) – South Korea’s overseas direct investment fell for the third consecutive quarter in the July-September period amid uncertainties in the global economy and geopolitical risks, the finance ministry said Friday. Investments made by South Korean companies overseas totaled US$14.19 billion in the third quarter, down 6 percent from $15.1 billion [...]
SEOUL, March 24 (Korea Bizwire) – South Korea’s overseas direct investment slightly increased in 2022 on-year to a fresh high on the back of the chips and automobile industries, although the overall growth was limited in the face of economic uncertainties, data showed Friday. The value of investments made overseas by South Korean companies reached [...]
SEOUL, June 17 (Korea Bizwire) — South Korea’s overseas direct investment more than doubled on-year in the first quarter of this year amid an economic recovery from the COVID-19 pandemic, the finance ministry said Friday. The value of investments made overseas by South Korean companies reached US$25.4 billion in the January-March period, up from $11.34 [...]
SEOUL, March 23 (Korea Bizwire) — South Korea’s overseas direct investment hit a record high last year as the global economy recovered from the fallout of the COVID-19 pandemic, data showed Wednesday. The value of investments made by South Korean companies reached US$75.87 billion last year, up 32.8 percent from a year earlier, according to [...]
SEJONG, May 18 (Korea Bizwire) – South Korea’s overseas direct investment hit a record high in the first quarter of this year on increased demand for mergers and acquisitions in the retail and information service sectors, government data showed Thursday. The overall overseas direct investment totaled US$10.71 billion in the January-March period, up 30.2 percent from $8.23 billion tallied a year ago, according to the data compiled by [...]