SEOUL, June 20 (Korea Bizwire) — South Korea’s overseas direct investment dipped 41.6 percent in the first quarter of 2023 from a year earlier, data showed Tuesday, led by the manufacturing and property sectors. The value of overseas investments by South Korean companies reached US$16.49 billion, down 41.6 percent from a year earlier, according to [...]
SEOUL, Dec. 27 (Korea Bizwire) — South Korea’s overseas direct investment fell 5 percent on-year in the third quarter of this year amid the prolonged COVID-19 pandemic, the finance ministry said Tuesday. The value of investments made overseas by South Korean companies reached US$16.61 billion in the July-September period, down from $17.48 billion a year [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korea’s overseas direct investment rose 13.1 percent on-year in the second quarter of this year amid the post-pandemic economic recovery, data showed Friday. The value of investments made overseas by South Korean companies reached US$19.26 billion in the April-June period, up from $17.03 billion a year earlier, according [...]
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, Dec. 17 (Korea Bizwire) — South Korea’s overseas direct investment rose at the fastest pace in nearly five years in the third quarter amid the global economic recovery, data showed Friday. South Korean companies’ overseas investments came to US$17.01 billion in the July-September period, up 58.2 percent from the previous year, according to the [...]
SEOUL, Sept. 17 (Korea Bizwire) — South Korea’s overseas direct investment grew at the fastest pace in nine quarters in the second quarter of this year amid the global economic recovery, data showed Friday. The value of investments made by South Korean companies reached US$16.5 billion in the April-June period, up 26.8 percent from a [...]
SEOUL, Jan. 17 (Korea Bizwire) — Funds that invest in overseas assets such as stocks will see steady growth this year after a stellar performance last year, as investors park more money in such vehicles, market sources said Friday. Overseas investment funds under management in South Korea almost doubled to 183.7 trillion won (US$158.8 billion) [...]
SEOUL, Jan. 14 (Korea Bizwire) — South Korea’s overseas investment funds almost doubled in terms of net asset value to account for nearly 30 percent of the country’s investment funds last year, as investors bet on higher yields outside the bearish domestic market, data showed Tuesday. According to the data by the Korea Financial Investment [...]
SEOUL, Dec. 20 (Korea Bizwire) — While the value of overseas investment increased last year, more foreigners are coming into the country. According to a report from the Hana Institute of Finance, a research unit of Hana Financial Group, overseas direct investment in the first half of this year amounted to US$36.2 billion, up 46.5 [...]
SEOUL, Sept. 8 (Korea Bizwire) — South Korea’s publicly offered overseas investment funds are regaining popularity among local investors, data showed Friday, as they seek tax benefits and higher returns. According to the data by the Korea Financial Investment Association, the combined net worth of such funds came to 39.4 trillion won (US$34.9 billion) as [...]