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.
The National Pension Service (NPS) has begun running an emergency inspection system for its investment management department with the appointment of acting chief investment officer and global alternative investment head, the South Korean pension fund said on July 25. In-Sik&hellip
South Korean asset managers are joining hands with French property investment firms to buy prime commercial buildings in the Netherlands and Belgium as they are turning eyes to the Benelux region for higher returns, sending their real estate values to&hellip
Blackstone, Kuwait Investment Authority (KIA) and three property investment firms are vying for Sony Center in Berlin which South Korea’s National Pension Service (NPS) has put on the block in a transaction expected to fetch around €1.1 billion ($1.3 billion),&hellip