FDI in S. Korea drops 35.7% for 1Q of 2019 due to global falling trend
- 5 years ago
The amount of foreign direct investment into South Korea fell sharply in the first quarter of this year.
The Ministry of Trade, Industry and Energy said,.... FDI slumped over 35 percent on-year to to 3-point-1 billion U.S. dollars.
By sector, the service sector saw the largest drop of 42-point-five percent...., with fewer investments into the property market.
The decrease comes amid a falling trend of global FDI due to global risks such as the protracted trade dispute between the U.S. and China... and slow economic growth.
The ministry noted that foreign investments are expanding into new industries...., namely advanced materials, such as next-generation communications, nanotech and ceramics.
Global FDI also fell by 19 percent to.... 1-point-2 trillion dollars..., the third consecutive year of decrease.
The Ministry of Trade, Industry and Energy said,.... FDI slumped over 35 percent on-year to to 3-point-1 billion U.S. dollars.
By sector, the service sector saw the largest drop of 42-point-five percent...., with fewer investments into the property market.
The decrease comes amid a falling trend of global FDI due to global risks such as the protracted trade dispute between the U.S. and China... and slow economic growth.
The ministry noted that foreign investments are expanding into new industries...., namely advanced materials, such as next-generation communications, nanotech and ceramics.
Global FDI also fell by 19 percent to.... 1-point-2 trillion dollars..., the third consecutive year of decrease.