Latest News for: Seoul investment

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[INTERVIEW] Ecolab helps Korean partners profit from ESG management

Korea Times 03 Dec 2023
Ryu Yang-kwon, market head of Korea at Ecolab, speaks during an interview with The Korea Times at his office in Seoul, Nov ... US firm vows continuous investments in Korea ... Investment in semiconductor sector ... firms that promised to invest a combined $1.16 billion in Korea’s high-tech sectors.
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S. Korea's institutional investment in foreign securities falls in Q3

Xinhua 01 Dec 2023
SEOUL, Dec. 1 (Xinhua) -- South Korea's institutional investment in foreign securities fell 1.6 percent during the third quarter due to global stock price routs and higher interest rates in major economies, central bank data showed on Friday. Outstanding investment in ...
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Korea to beef up monitoring on crypto market

Korea Times 30 Nov 2023
Bitcoin's price exhibits a rising trend on Bithumb's electronic board in Seoul, Nov. 16. Yonhap. By Lee Yeon-woo ... Financial Supervisory Service Governor Lee Bok-hyun speaks during a meeting with CEOs of asset management companies at the headquarters of the Korea Financial Investment Association in Seoul, Wednesday. Yonhap ... .
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Seoul to nurture 5 sectors to boost creative industry competitive

Korea Times 29 Nov 2023
People watch the opening ceremony of the League of Legends World Championship final at Gocheok Sky Dome in Seoul, Nov ... Courtesy of Seoul Metropolitan Government ... In the next five years, Seoul will invest 200 billion won in research and development in integrating content with technology, such as artificial intelligence and XR.
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Xinhua world economic news summary at 0900 GMT, Nov. 29

China.dot.org 29 Nov 2023
It is managed by Hong Kong-based CSOP Asset Management and includes Saudi sovereign wealth fund, Public Investment Fund (PIF), as an anchor investor ... SEOUL -- The foreign home ownership in South Korea rose in the first half due to higher housing possession by Chinese people, government data showed Wednesday.
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Saudi Expo win puts Korean firms in line for contracts

Korea Times 29 Nov 2023
Saudi Crown Prince Mohammed bin Salman Al Saud, right, talks with Korean conglomerate leaders at his room in Lotte Hotel Seoul in this November 2022 photo ... The Seoul-headquartered oil refiner is building a gigantic petrochemical complex in Ulsan with a $7 billion investment from Aramco, under the project name, Shaheen, which means falcon in Arabic ... .
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Jefferies to open Seoul office in January

Korea Times 28 Nov 2023
Jefferies, a U.S.-based global investment banking firm, is set to open an office in Seoul in January next year, aiming to focus its business on corporate finance ... Besides Lee, other necessary positions at the Seoul office are also being filled, mostly by former investment bank employees, market insiders say.
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Adams Street Partners Names Michael Kurlander as Partner and Chief Financial Officer

The Joplin Globe 28 Nov 2023
Adams Street Partners, LLC, a private markets investment firm with more than $58 billion in assets under management (“Adams Street”), today announced that Michael Kurlander has been named Partner and Chief Financial Officer ... This information is not investment advice or an offer or sale of any security or investment product or investment advice.
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KEPCO and critical infrastructure

Korea Times 26 Nov 2023
This is why Seoul Metro, like KEPCO, is a cause for concern ... The company has received taxpayer-funded support from the Seoul Metropolitan Government to help paper over its debt struggles, but officials claim more than 60 percent of Seoul Metro facilities and equipment are outdated, which will require hefty investments to rectify if accurate.
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Hub71 enters into partnership with Seoul Metropolitan Government

GCC Business News 24 Nov 2023
Kyoung Hwan Park, Director-General of Finance, Investment International Relations Bureau of the Seoul Metropolitan Government, stated that this MoU marks the first step in cooperation between Seoul and Abu Dhabi.” ... DIFC & Seoul Metropolitan Government sign collaboration MoU ....
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Korea-UK partnership prompts rosy outlook for finance sector

Korea Times 24 Nov 2023
23, Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho said Seoul will “strive to boost foreign investors’ access to the Korean market and create favorable conditions for corporate investment.” ... The Seoul-headquartered bank said it wants to ...
photo: WN / RTayco
Locals and tourists are back again in Myeongdong after lockdowns in Seoul, South Korea. Taken on August 2023.
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Abu Dhabi, Seoul to foster global entrepreneurship

The Gulf Time 23 Nov 2023
Startups referred through this partnership will receive expedited access to grants, incentives and subsidy programmes operated by Hub71 and Invest Seoul, the city’s Investment Promotion Agency ... Kyoung Hwan Park, Director-General of Finance, Investment International Relations ...
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S-Oil opens TS&D center to hone core competitiveness

Korea Times 23 Nov 2023
Al-Hejazi, sixth from left, poses ahead of a tape-cutting ceremony in front of its TS&D Center in Seoul, Thursday ... The oil refiner invested 144.4 billion won ($111.14 million) in building the center in western Seoul ... S-Oil's TS&D Center in Seoul / Courtesy of S-Oil.
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Korea, Britain forge strategic partnership on ODA projects

Korea Times 23 Nov 2023
Korean Finance Minister Choo Kyung-ho, center, poses for a photo with British Foreign Secretary David Cameron, left, and Foreign Minister Park Jin in London, Nov. 21. Yonhap ... S ... The finance ministry said the two countries agreed to expand ties between Seoul's Economic Development Cooperation Fund (EDCF) and the British International Investment as well.
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S. Korean food manufacturer expects surging sales as it expands in China

China Daily 22 Nov 2023
In addition to diversifying its portfolio with ramyeon (Korean-style instant noodles) to align with the increasing trend of health-conscious choices in China, the Seoul-headquartered company plans to invest in expanding its range of additive-free frozen food in China. "This strategic investment reflects our commitment to meeting consumer needs.
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