South Korean companies had piled up more than 256 trillion won (US$227.15 billion) of cash in the past seven years. Some point out that the companies are reluctant to make an investment in their facilities and research and development (R&D). But these companies claim that they cannot make an investm
The biotech and health care industry is expected to win back the first place in terms of the size of new venture capital (VC) investment this year.According to the bio industry on October 17, there has been an upsurge of investment in the biotech and health care sector. When the current trend contin
SK Hynix Inc. is planning to invest 15 trillion won (US$13.39 billion) in expanding its semiconductor production line in Icheon, Gyeonggi Province. The government has decided to ease regulations to facilitate the chipmaker's investment.“I believe that a conglomerate will soon announce its invest
The financial regulator has simplified the regulations on banks to facilitate their advance into foreign countries.Under the revised regulations, a bank that plans to make an investment in a foreign country will be exempted from the obligation of notifying its investment plan to financial authoritie
GM has proposed to increase its investment in GM Korea by up to US$1.5 billion for 10 years to come as part of its effort to normalize its troubled Korean subsidiary.When it comes to GM Korea’s US$2.7 billion debt from the GM headquarters, which was planned to be completely written off through a deb
Fresh investment in venture companies hit an all-time high in the first quarter of this year.The Ministry of SMEs and Startups announced on April 23 that the amount of new venture investment totaled 634.8 billion won (US$571 million) in the first quarter, up 56.6% from a year earlier. During the sam
South Korea’s NH Investment & Securities Co. has received a brokerage license from the Vietnamese government.The company announced on April 19 that Tran Van Dung, chairman of the State Securities Commission of Vietnam, personally visited its head office in Yeouido, Seoul, to award the license.NH Inv
Coupang Inc. recorded its cumulative operating loss of 1 trillion won (US$931.53 million) until 2016. Regarding to the huge loss, the company has said this is not a problem since it is the investment they are making to grow sales as U.S.-based Amazon did before.Such Coupang’s challenge has been put