SOUTH KOREA
- Share via
Foreign Investment to Be Easier: In a move to lure capital, the government will ease regulations on foreign investment in South Korea. The move followed a government analysis that concluded that a deteriorating business environment has been driving investors to Asian competitors. The Finance Ministry said it mapped out a far-reaching plan to induce more foreign investment. Among other things, it calls for easing regulations requiring government evaluation of potential investors. Currently, foreign projects of $5 million or more must get prior evaluation.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
