Gyeong-Jin Min

Oct 22, 2024 | kedglobal.com | Gyeong-Jin Min |Lan Heo |Ji-hye Min |Seo-woo Jang

A South Korean co-CEO of a blockchain investment firm with hundreds of millions of dollars in assets moved to Singapore last year to avoid the Northeast Asian country’s heavy inheritance and gift taxes. The cases of South Korean emigrants with assets of 100 billion won ($72.4 million) from Asia’s fourth-largest economy to the city-state were estimated to hit a record high last year, indicating Seoul’s high inheritance and gift taxes may have accelerated the exodus of the local rich, lawyers said.

Aug 15, 2024 | kedglobal.com | Hyung-Chang Choi |Gyeong-Jin Min

South Korea’s Dawon Landscape & Construction Co. aims to expand its business in Southeast Asia as it beat out major domestic builders such as Samsung C&T Corp. in this year's evaluation by construction and specialty contractor associations.