Business and investment has no consideration of boundaries. A few decades ago, trade was the primary business dealing between two countries . But now things have changed and the trend of setting up global companies has increased to a considerable level. Investors are exploring new horizons for investment. The flow of a major portion of international investment is towards the oil producing countries and the African countries. But South Korea with its booming economy has also become a major attraction for the foreign investors. A Korean translator working for The Marketing Analysts Translation Service Company said that there are many opportunities awaiting for Korean translators in the near future.
The South Korean economy is growing at a very fast pace with the country having become the seventh largest exporter in the world. The financial experts view investors’ decision of investing in South Korea as a very wise move for the country has a stable economy. Not only is South Korea a stable economy, its economic growth is expected at a rate of 3.9 % and more in the upcoming years. Investing in any region demands a deep analysis of its political situation. Though South Korea is now included in the list of developed nations, its rift with North Korea is something which ought to be considered before investing capital in the region.
The country’s major exports are electronic equipments and cars. Hyundai, LG and Samsung are some of the leading South Korean companies manufacturing cars, automobile parts, cellular phones, laptops, tablets, ipads and smartphones. South Korea relies much on its exports which keeps the economy of South Korea in motion. Some companies in South Korea are listed as ETF’s in the United States and the European Union. Though this exchange-traded fund is not operating on a very large scale and not many South Korean companies are involved in it.
Foreign investors can also invest in South Korea’s energy sector as it is flourishing. South Korea mainly produces power through nuclear energy and also assists other countries as well with its nuclear technology used in power production. A Korean translator working for the Miami Translation Services of The Marketing Analysts Translation Services says that he has translated many business documents for investors having invested in South Korea. He has been carrying out English to Korean translation and Korean to English translation for over a decade now.
ishares MSCI South Korea Index Fund (EWY) is the leading South Korean exchange traded fund with many famous companies and corporations enlisted with it. With the country’s present stability and fast growing economy, it definitely will be a good bet for foreign investors to set up their businesses in South Korea. Although the outcome may depend chiefly on the sector in which one has invested his money.