For the January-March period of this year, FDI in Korea stood at $3.85 billion, down 9.2 percent from $4.24 billion a year before. Investment from the United States and Europe fell 33.5 percent and 50.3 percent, respectively, year on year.
The future looks more worrisome as foreigners' investment in emerging economies is likely to decline due to interest rate hike moves in the United States, plus the Trump administration's protectionist stance.
Even greenfield investment which has higher job-creation effects than other types of investment remains weak as foreign companies with presence in Korea focus on maintenance of existing facilities rather than making new investments.
Hana Financial Group, the parent company of KEB Hana Bank, will acquire a shopping center building and its surrounding land in a small Japanese city for around 50 billion won ($44 million), with a view to reselling part of its&hellip
KEB Hana Bank, a leading South Korean lender, has arranged $300 million lease financing for an aircraft portfolio of Avolon, in the first financing arrangement by a South Korean bank for the Irish aircraft leasing firm, according to local newspaper reports.&hellip
Korea Scientists and Engineers Mutual-aid Association (SEMA) has decided to make its first allocation to global private debt funds by committing $30 million to each of Golub Capital and Ares Management, and is considering committing an additional capital to European&hellip