Economy News AAPrint Seoul Records Largest Foreign Direct Investment in 2015

In 2015, Seoul Metropolitan Government attracted a total reported foreign direct investment (FDI) of USD 8.489 billion (as of December 27), the largest amount ever. This is a 54.7 percent increase over the USD 5.488 billion in 2014 and accounts for 41.6 percent of the total reported amount of FDI in Korea, which reached as high as USD 20.43 billion in 2015.

Estimate of FDI in Seoul by year

Chinese investment increases 22 times over that of last year; increases recorded in financial industry (247.3 percent) and M&A (173.9 percent)
The city government indicated that the main reasons for the increase in FDI in 2015 were: a 2,138-percent increase in investment from China, a 247.3-percent increase in investment in the financial industry, and a 174-percent increase in M&A investment.

Seoul makes active marketing efforts, including holding nine overseas IR sessions on Seoul’s most promising industries and signing MOUs with eight organizations
Last year, Seoul Metropolitan Government actively promoted investment relations (IR) at home and abroad in an effort to achieve economic growth through the expansion of FDI. Also, through systematic activities to attract investment, the city signed MOUs with a number of organizations.

Seoul makes continuous efforts to create jobs through FDI and ensure the city’s economic growth
Seoul Metropolitan Government will operate teams tasked with increasing FDI in specific industries that are believed to have the greatest potential to contribute to Seoul’s economy, especially the financial, ICT, and bioscience industries. Moreover, the city government will actively attempt to attract investment both domestically and internationally for established as well as up-and-coming companies.

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IN ISLAM

In Islam, a woman is considered as a homemaker... She is not considered as a housewife, because she is not married to the house.

Jeju Island (제주도,濟州島) , formerly Cheju Island , is an island off the southern coast of South Korea , in the Korea Strait, southwest of Jeollanam-do Province, of which it was a part before it became a separate province in 1946, and more recently Korea's first and only Special Autonomous Province. Its capital is Jeju City . Understand Jeju Island, also known as the "Island of the Gods," is a popular vacation spot for Koreans and foreigners. It remains the top honeymoon destination for Korean newlyweds. Despite attempts to market the island as "the Hawaii of Korea," climatologically and geographically it bears little in similarity to the Hawaiian Islands in the U.S. The island offers visitors a wide range of activities: hiking on Halla-san (South Korea's highest peak) or Olle-gil(routes), catching sunrises and sunsets over the ocean, riding horses, touring all the locales from a favorite television K-drama, or just lying around on the sandy beaches. ...

Korean Food Guide: 44 Things to Eat in Seoul, South Korea and Where to Try Them

Before our trips to Korea, my knowledge of Korean food was pretty much limited to kimchi , bulgogi , and japchae . My exposure to the cuisine never really went beyond that in spite of having several Korean friends, including a Korean roommate for a couple of years. I think part of it is due to how damn good Korean barbecue is. It’s so delicious that it was pretty much all I ever looked for when eating at Korean restaurants. Bulgogi for my main course, and a plate of japchae on the side. That was it. But thanks to our two trips to Seoul, in 2015 and 2017, my Korean food vocabulary has expanded to over 40 dishes. As delicious and universally appealing as Korean barbecue is, I’ve learned that there’s so much more to the cuisine than just bulgogi and galbi . Things like ganjang gejang , jokbal , and naengmyeon aren’t as well known outside of Korea but they are dishes well worth flying for. Ganjang gejang was particularly memorable. After waiting...

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