ID :
197385
Tue, 07/26/2011 - 21:02
Auther :
Shortlink :
https://oananews.org//node/197385
The shortlink copeid
Net foreign investment in S. Korea falls 8.3 pct in 2010
SEOUL, July 27 (Yonhap) -- South Korea's net foreign direct investment (FDI) fell 8.3 percent from a year earlier in 2010 as businesses poured money mainly into fast emerging economies, a United Nations report said Wednesday.
The U.N. Conference on Trade and Development (UNCTAD) report showed the net inflow of FDI in Asia's fourth-largest economy stood at US$6.87 billion last year, compared with $7.5 billion in 2009.
This placed the country in 32nd place among 213 countries checked in the annual World Investment Report. Net inflow refers to money that was actually invested in the country from abroad, but excludes FDI-related earnings repatriated.
The organization headquartered in Geneva said that while global FDI grew 5 percent on-year to US$1.24 trillion, inflow of funds were concentrated in certain regions such as China, the Association of Southeast Asian Nations and Hong Kong.
It added FDI in advanced industrialized economies in Europe and Japan declined last year, although the number for the United States expanded.
The report also showed that accumulated foreign investment in South Korea grew 7.9 percent on-year to US$127.0 billion last year, marking the second straight year that so-called FDI stock stayed above the $110 billion mark.
Outbound businesses investment grew 11.9 percent on-year to $19.2 billion last year, with the cumulative figure growing 15.4 percent to $134 billion.
UNCTAD, meanwhile, said that of the world's largest non-financial sectors firms, South Korea's Samsung Electronics Co. and Hyundai Motor Co. made the top 100 list last year. Samsung was ranked 63rd, with Hyundai coming in at 88th place.
The U.N. Conference on Trade and Development (UNCTAD) report showed the net inflow of FDI in Asia's fourth-largest economy stood at US$6.87 billion last year, compared with $7.5 billion in 2009.
This placed the country in 32nd place among 213 countries checked in the annual World Investment Report. Net inflow refers to money that was actually invested in the country from abroad, but excludes FDI-related earnings repatriated.
The organization headquartered in Geneva said that while global FDI grew 5 percent on-year to US$1.24 trillion, inflow of funds were concentrated in certain regions such as China, the Association of Southeast Asian Nations and Hong Kong.
It added FDI in advanced industrialized economies in Europe and Japan declined last year, although the number for the United States expanded.
The report also showed that accumulated foreign investment in South Korea grew 7.9 percent on-year to US$127.0 billion last year, marking the second straight year that so-called FDI stock stayed above the $110 billion mark.
Outbound businesses investment grew 11.9 percent on-year to $19.2 billion last year, with the cumulative figure growing 15.4 percent to $134 billion.
UNCTAD, meanwhile, said that of the world's largest non-financial sectors firms, South Korea's Samsung Electronics Co. and Hyundai Motor Co. made the top 100 list last year. Samsung was ranked 63rd, with Hyundai coming in at 88th place.
