offshore tax evasion practices

Daewoo Shipbuilding & Marine Engineering Co. has won a 1.1 trillion won ($1 billion) deal to build an offshore facility for Petroleo Brasileiro ...

The Korea Venture Investment Corp. (KVIC), a quasi-government agency established to support South Korean startups and venture capital industry, has ...

South Korea’s steelmaker POSCO has taken another big step in accelerating the industry’s shift toward renewable energy. POSCO said on Ma...

Korea Shipbuilding & Offshore Engineering Co. (KSOE) has won a 348 billion won ($308 million) deal to build six vessels, bringing its total sh...

South Korean banks are queuing up to extend credit to Samsung Group's de-facto leader Jay Y. Lee and his family who are due to pay over 2 trillion w...

The Korea Venture Investment Corp. (KVIC), which manages funds of venture capital funding vehicles, will pick offshore VC funds to commit around 75 ...

South Korea's top financial regulator has been taking longer than the usual three months to review applications of offshore funds, dealing a heavy b...

The late Samsung Chairman Lee Kun-hee’s lavish art collection is driving South Korea’s art circle to pressure lawmakers to amend the cou...

Samsung Electronics Co. is seeking tax breaks of $805.5 million from the US state of Texas in return for a new $17 billion chip plant, which the Sou...

The Samsung Group heirs, including Samsung Electronics Co.'s de facto leader Jay Y. Lee, may be looking at a record-high $9.9 billion inheritance ...

Imported car sales in South Korea are on track to post a record high this year, benefiting from consumption tax cuts aimed at stimulating personal s...

South Korea should raise its tax on diesel to match the price of gasoline and phase out internal combustion engine cars by 2035 to tackle air pollutio...

The three children and the wife of Samsung Group Chairman Lee Kun-hee, who died on Oct. 25 at the age of 78, is expected to face inheritance taxes of ...

SeAH Steel Holdings Corporation is gearing up to construct the world's biggest monopile facility for offshore wind turbines following a memorandum of ...

South Korean individuals purchased a record amount of shares in overseas markets last month as they looked beyond the local bourse for bigger returns....

Korea Post’s insurance unit on April 9 announced a plan to select global fund managers for single offshore commingled hedge funds. It will receive pr...

Korea Post’s insurance unit on May 12 announced a plan to select global fund managers running single offshore commingled hedge funds by July, and will...

Korea Post’s savings unit has decided to commit about 100 billion won ($87 mn) to investment firms managing or marketing offshore insurance-linked sec...

South Korea’s Government Employees Pension Service (GEPS) will select two global private debt fund managers employing opportunistic strategies to inve...

(Corrected: Numbers in the first and third paragraphs were corrected to $500 to $600 million, and $880 million, respectively) The Public Officials ...

South Korea will loosen regulations in relation to the currency hedging of insurance companies’ cross-border investments, which have been blamed to in...

The global alternative investment head of the National Pension Service (NPS), Sang-Hyun Yoo, cautioned about the heightened competition and price spik...

Korea Post has invested a total of 998.6 billion won ($888 million) in overseas commercial buildings since 2013, the vast majority of which involved e...

South Korea’s Government Employees Pension Service (GEPS) posted a notification on July 6 that it would select two global private debt fund managers f...

The Military Mutual Aid Association (MMAA), South Korea’s $8 billion military savings fund, is planning to invest in offshore blind-pool venture capit...

South Korea’s Yellow Umbrella Mutual Aid is flexing its muscle to expand overseas alternative assets, including blind funds, in line with a rapid ...

Last week Korea Post, with 110 trillion won ($93 billion) of assets under management, announced four requests for proposal (RFPs) to choose general pa...

- Proposed fund size at minimum $300 mln; proposal submissions due by June 7, 2016 - Funds currently in Korea Post Savings’ hedge fund pool not el...