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S. KOREAN SMES INCREASE OVERSEAS INVESTMENT BY 56%.

AsiaPulse News

| June 01, 2004 | COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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 ...

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