The KABC Hybrid Korea Business Forum

Chaebol and Financial Institution investment in Korea or overseas?

8.00am – 10.00am Thursday 16 February 2023 at the Namsan Room I, 2F, Grand Hyatt Seoul and Online Seminar Room (Zoom)

Dear member,

Where have Koreans been investing in 2021-22?  About US$200 billion has officially left Korea in 2021-22 – where did it go and how does it affect the Chaebol and Korea’s Financial Sector?

After our usual economic update tracking the degree to which the domestic economy is dipping, we will be looking at Korean investment in the US, EU, China and above all in SE Asia and anywhere else. The headlines of course are taken by the big investments in the US driven partly by the IRA and associated policy measures.  But Koreans have been close to out investing anyone in Vietnam, and look as though they will investment more than the US and probably more than China in Indonesia, though one must distinguish between MOUs and pledges to invest and the actual arrival of the finance.

And is the investment only going into big manufacturing or is a sizeable amount of private and public money going into investment in critical minerals or less usual destinations?   Largish service companies are also moving outwards particularly to Singapore.

The Yoon administration has a new slogan for public-private investment, public-private strategy and sector working groups – can we find any evidence of them in practice in new economic plans or discussions such as an IPEF strategy.  Does the outflow of capital mean that jobs are leaving Korea and domestic sources short of investment?

Financial investment has previously been concentrated on South-east Asia.  Are they making money or just buying rather restricted franchises?  Now financial investors are moving further afield with the first opening of Mirae-Asset’s office in Australia and other investigations about offices in the EU.

If we put all of this together, what does this all mean for our image of Korean enterprises and financial institutions?  Is it that the big fifteen chaebol are streaking ahead of SMEs and MMEs, or are the small companies following the large ones.  Equally important can the companies maintain their investments in a year of economic downturn.  Comments from SK suggest maybe not.

Join us on February 16th to discuss this.  Particularly we hope representatives of the members from the different countries will be able to give their impressions of how investment patterns are changing.

Yours sincerely

Tony Michell Ph.D
Managing Director, KABC Ltd.


    Name *:



    Email address* :

    Mobile Phone :

    Promotion code :

    Agreement* :


    ​I agree to the below collection and use policy of personal information.

    [Personal information collection and use policy]

    1. Types of personal information collected and purpose of use
    The types of personal information collected through this page and the purpose of use are as follows.
    1) Types of personal information to be collected: name, e-mail address
    2) Purpose of use of collected personal information: Information on Korea Business Forum and related events through e-mail, and delivery of related information

    2. Processing and retention period of personal information
    1) The Korea Business Forum retains and processes personal information within the period of retention and use of personal information agreed upon when collecting personal information from the information subject, or the retention and use period of personal information in accordance with laws and regulations.
    2) The retention period of the collected personal information is until the business processing specified in the purpose of use is completed, and the collected personal information is destroyed as soon as the business processing is completed.

    * Required

    Published On: February 6th, 2023 / Categories: Event, Korea Business Forum /

    The organisation that anticipates change and is always ready  (something odd about the character which breaks up “organisation”)

    We are always awake, quickly understands the value of information, and always thinks about and prepares strategies to respond to it.


    KABC has extensive experience in strategic studies, change management, and mergers and acquisitions.

    Learn more


    We regard ourselves as masters of Korean statistics which comes from macroeconomic as well as microeconomic work.

    Learn more


    KABC provides information services to foreign companies operating in Korea and foreign governments in Korea.

    Learn more


    KABC provides regular events including KBF and adhoc events and briefings about Korea

    Learn more