Tag: south korea

A quick end to the political crisis in South Korea seems unlikely.

The first case of a new more deadly and transmissible strain of the Mpox virus, formerly known as Monkeypox, has reached Thailand.

Domestic currency weakness may have provided a boost to Japanese and Korean exporters, but for the majority of corporates the lower value of the yen and won has been a negative development.

With high credit card penetration rate and a government-led open banking system, South Korea's payment ecosystem offers countless opportunities. CT shines a light for corporates hoping to navigate the market.

SK Geo Centric secured a KRW 475 billion (approx. $375 million) sustainability-linked loan, the first in South Korea to be in line with global standards, ushering a new era of sustainable financing for companies in the country wanting to fulfil their net zero ambitions.

The tax and advisory firm announced record global revenues of $50 billion for the past year. It views Asia as “a growth engine for the world”, amid pessimistic economic forecasts in other regions.

The firm will use the $500 million equity injection to pursue entry into new markets, including South Korea.

Three Asian jurisdictions – Macau, Mongolia and South Korea – are tax havens by Europe; but when does a tax incentive become tax avoidance? And what are the risks to your business?

The People's Bank of China (PBOC) reportedly drafts rules for 'Tobin tax' on FX transactions; South Korea’s FSC announces plans for corporate restructuring; The PBOC considers allowing banks to swap debt for equity; Taiwan will not ban sales of RMB derivates; and much more…

Korea’s biggest auto manufacturer has hired Choi Byeong-cheol from its auto parts supply arm, Hyundai Mobis, to take the CFO role.

Korea Exchange looks to harness new technology to simplify over-the-counter trading.

China plans on rolling out more RMB convertibility programmes in FTZs * EU and the US agree on central counterparty clearing requirements * South Korea promises relief to firms in the KIC region * The Philippines further liberalises FX markets * And more…..