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SEOUL, June 1 Asia Pulse - Small and medium companies in South Korea increased overseas investment by 55.9 per cent from the previous year to US$608 million as of the end of April this year, the state-run Export Import Bank said today.
The total was less than the US$662 million spent on overseas investment by large companies, but it would exceed the amount if the US$123 million of such investment by individuals is included.
Notably, there was increased focus by small- and mid-sized firms on investment in China, which surged 48.7 per cent to US$334.82 million during the same period.
The proportion of small ...