Tag: south korea

South Korea - China summmit reaches agreement on seven areas, including startup cooperation.

With fiduciary duty reforms and audit oversight changes now law, Korean corporates face growing shareholder pressure on capital allocation, dividend policy and financial transparency – placing treasury functions in the spotlight.

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.