Tag: South Korea
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Asian Tigers: The Rise of Offshore Investments in the East
Asia, with its dynamic economies, technological innovations, and expanding middle class, has captured the world’s attention over the past few decades. Particularly, the four Asian Tigers – South Korea, Singapore, Taiwan, and Hong Kong – have witnessed unparalleled economic growth, establishing themselves as major players in the global economic landscape. This progress has led to…
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Cosmos and BOScoin Strategic Partnership
The Internet of blockchains Cosmos and the self-evolving cryptocurrency platform BOScoin has signed a strategic partnership. SEOUL, South Korea, May 8, 2017 /PRNewswire/ — Cosmos (https://cosmos.network), who is creating the Internet of Blockchains, and the self-evolving cryptocurrency platform BOScoin (https://boscoin.io), have just signed a strategic partnership agreement. Cosmos and BOScoin will share resources, conduct research on…
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South Korea’s direct offshore investment hits record in 2016
SEOUL, April 24 (Yonhap) — The direct offshore investments of South Korean companies rose to a record level last year, with that made to the United States nearly quadrupling the figures for China due largely to strong demand for business expansion in the world’s most advanced market, a report showed Monday. The foreign direct investment…
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The Sustainable Infrastructure Imperative
Washington, D.C., October 6, 2016: A major new report from the Global Commission on the Economy and Climate calls on governments and finance institutions to scale up and shift investment for sustainable infrastructure as a fundamental strategy to spur growth. “Investing in sustainable infrastructure is essential to solve all the world’s most pressing problems,” said…
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Foreigners Invest US$8.9 Bln in S. Korea Through Tax Havens
SEOUL, June 28 Asia Pulse – Foreigners invest a total of US$8.9 billion into South Korea through countries offering very favorable tax laws for foreign businesses and individuals, according to the country’s tax authorities Tuesday. In a report to the National Assembly, the National Tax Service (NTS) said about $6.6 billion of the investments came…