{
    "success": true,
    "data": {
        "id": 1194789,
        "msgid": "koreas-capital-outflow-up-1447893297",
        "date": "1995-02-09 00:00:00",
        "title": "Korea's capital outflow up",
        "author": null,
        "source": "",
        "tags": null,
        "topic": null,
        "summary": "Korea's capital outflow up SEOUL (AFP): A drastic deregulation move helped South Korean firms boost direct overseas investment by 88.3 percent last year to a highest ever US$3.52 billion, officials said yesterday. Along with eased regulations on the transfer of capital for overseas investment, many South Korean firms have been lured by cheap labor, the Ministry of Finance and Economy said.",
        "content": "<p>Korea&apos;s capital outflow up<\/p>\n<p>SEOUL (AFP): A drastic deregulation move helped South Korean<br>\nfirms boost direct overseas investment by 88.3 percent last year<br>\nto a highest ever US$3.52 billion, officials said yesterday.<\/p>\n<p>Along with eased regulations on the transfer of capital for<br>\noverseas investment, many South Korean firms have been lured by<br>\ncheap labor, the Ministry of Finance and Economy said.<\/p>\n<p>Manufacturing firms, suffering most from high domestic costs,<br>\nspearheaded the outbound rush, representing 73.4 percent of total<br>\n1,917 offshore investment projects approved last year, the<br>\nministry said.<\/p>\n<p>China, Vietnam and other Asian countries attracted 83.7<br>\npercent of last year&apos;s total overseas investments by South Korean<br>\nfirms, it said.<\/p>\n<p>China topped the list, drawing 1,051 projects worth 808<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/koreas-capital-outflow-up-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}