[Doing Biz in KOREA] Key Takeaways from Seoul forward Singapore
2024. 9. 30.
[Doing Biz in KOREA] Key Takeaways from Seoul forward Singapore
Hyesung Newsletter Vol. 24-09.
Key takeaways from
Seoul Forward Singapore 2024
Hyesung participated in the "Seoul Forward" seminar hosted by Invest Seoul at M Hotel in Singapore on September 12th. The event, attended by around 80 global companies, featured presentations and one-on-one consulting services. Major organizations such as Enterprise Singapore, the Singapore Business Federation, the Korea Exchange (KRX), and the Financial Supervisory Service’s Financial Hub Korea were also in attendance.
Presentation on Market Entry Strategies in Korea:
Chris Song, Managing Partner: As the first speaker, Chris Song presented on "Market Entry Strategies in Korea," detailing various entry strategies including direct entry, franchising, licensing, joint ventures, and M&A strategies for rapid market penetration. He highlighted the significant increase in FDI in Korea over the past decade, with Singapore ranking third in FDI contributions over the last three years. The presentation emphasized the strategic partnership between Singapore as a business hub in Southeast Asia and Seoul as a hub in Northeast Asia.
Eunjung Lee, Director of FDI Platform Service: Eunjung Lee discussed Hyesung's comprehensive market entry services for foreign investors. She highlighted their close collaboration with Invest Seoul and various institutions, such as law firms, financial and investment entities, and labor attorneys, to provide all necessary advisory and services for foreign companies entering Seoul.
Click the button below to view Hyesung's presentation slides
We provide a newsletter in English, Doing Business in Korea, for foreign companies and investors interested in entering the Korean market. The newsletter offers valuable insights into Korea's accounting, tax, legal, regulatory, and market trends, along with expert commentary from HYESUNG. In addition, HYESUNG offers one-stop market entry services for foreign investors and companies looking to establish a presence in Korea. For more information, please click the button below.