Tag Archives: South Korea

Macau to leave tax haven ‘blacklist’ after complying with EU rules

16 Jan
Macau to leave tax haven ‘blacklist’

Macau is soon to leave the European Union’s (EU) tax haven ‘blacklist’. This change is part of a proposal on the part of EU officials which aims to remove eight out of 17 jurisdictions from the list, which was most recently updated last month. Under the proposal, several news agencies reported that problematic jurisdictions – […]

Cosmos and BOScoin Strategic Partnership

08 May
Strategic Partnership

The Internet of blockchains Cosmos and the self-evolving cryptocurrency platform BOScoin has signed a strategic partnership. SEOUL, South Korea, May 8, 2017 /PRNewswire/ — Cosmos (https://cosmos.network), who is creating the Internet of Blockchains, and the self-evolving cryptocurrency platform BOScoin (https://boscoin.io), have just signed a strategic partnership agreement. Cosmos and BOScoin will share resources, conduct research on […]

South Korea’s direct offshore investment hits record in 2016

23 Apr
Gyeongbokgung Palace, Seoul, South Korea

SEOUL, April 24 (Yonhap) — The direct offshore investments of South Korean companies rose to a record level last year, with that made to the United States nearly quadrupling the figures for China due largely to strong demand for business expansion in the world’s most advanced market, a report showed Monday. The foreign direct investment […]

The Sustainable Infrastructure Imperative

06 Oct
Paris Business District - Sustainable infrastructure

Washington, D.C., October 6, 2016: A major new report from the Global Commission on the Economy and Climate calls on governments and finance institutions to scale up and shift investment for sustainable infrastructure as a fundamental strategy to spur growth. “Investing in sustainable infrastructure is essential to solve all the world’s most pressing problems,” said […]

Foreigners Invest US$8.9 Bln in S. Korea Through Tax Havens

29 Jun
Night View, Amsa Bridge, Seoul - Foreigners Invest

SEOUL, June 28 Asia Pulse – Foreigners invest a total of US$8.9 billion into South Korea through countries offering very favorable tax laws for foreign businesses and individuals, according to the country’s tax authorities Tuesday. In a report to the National Assembly, the National Tax Service (NTS) said about $6.6 billion of the investments came […]