Korea to promote investment in foreign stocks, M&As
May 17, 2015
The Finance Ministry is considering increasing tax benefits for domestic investors in foreign stocks and funds in a reported bid to resolve problems from the Korean won’s strong position against major currencies, government sources said Sunday.According to some government officials, the ministry, in consultation with the Financial Services Commission, will come up with a comprehensive plan to increase investments by institutional and small investors in overseas stocks and bonds. Further, Korean