Browsing: Korea

The South Korean government will select 100 small and venture companies each year as “new security innovation firms” and provide intensive support, targeting businesses with advanced technologies in artificial intelligence, drones, robotics and space. Next year it will launch an investment company modeled on In-Q-Tel, the venture capital arm established by the U.S. Central Intelligence…

South Korea’s deep-tech venture cycle has entered its payout phase. On Thursday, SBI Investment Korea — one of the country’s oldest and most active venture capital firms — announced its portfolio companies are now at various stages of the KOSDAQ listing process, spanning autonomous driving, AI data infrastructure, and semiconductor precision manufacturing. The announcement arrives…

Woori Financial Group won the honor at the 9th Korea Accounting Awards hosted by Maekyung Media. Woori Finance won the grand prize after being evaluated as having made efforts to improve audit quality by upgrading the group’s internal accounting management system that encompasses domestic and foreign corporations and increasing audit time and resource input even…

Add to Google Preferred Sources Korea Venture Investment Corp. (KVIC) has secured its first asset management license allowing it to directly establish and manage funds in Singapore. South Korea’s Ministry of SMEs and Startups announced that KVIC’s Singapore subsidiary received final approval for a Capital Markets Services (CMS) license from the Monetary Authority of Singapore…

Korea Venture Investment Corp., the state fund-of-funds manager under the Ministry of SMEs and Startups, has secured an asset management license allowing it to raise and manage funds directly in Singapore. It is the first time the organization has obtained a local asset management license overseas. The approval is expected to accelerate the government’s plan…