S. Korea's FDI hits record high in 2023

SEOUL, Jan. 4 (Xinhua) -- Foreign direct investment (FDI) in South Korea hit a record high last year owing to robust investment in the transport machinery and the finance and insurance sectors, government data showed Thursday.

The reported FDI gained 7.5 percent over the year to reach a new high of 32.72 billion U.S. dollars in 2023, topping 30 billion dollars for the second straight year, according to the Minis