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Wednesday, 08 February 2012 |
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Home News Events The 2nd Annual Euromoney Korean Financial Markets Congress, 24-25 May 2006, Seoul
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The 2nd Annual Euromoney Korean Financial Markets Congress, 24-25 May 2006, Seoul |
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Saturday, 13 May 2006 |
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The Grand Hyatt , Seoul In conjunction with the Ministry of Finance and Economics, Euromoney will again host its Korean Financial Markets Conference in Seoul on 24, 25 May 2006. Last year's conference held at the The Grand Hyatt in Seoul in May 2005 attracted over 600 delegates drawn from Korean and international financial institutions. It was the largest financial services conference to take place in Seoul in 2005, punctuated with keynote addresses from Deputy Prime Minister, Duck-soo Han and Yoon Jeung-Hyun, Chairman of the Financial Supervisory Service. This year is promising to be an even bigger event. Korea's financial markets have gone from strength to strength. The KOPSI up 38.7% since the beginning of the year, Korea's Chaebol have seen 31.4% growth in their market capitalisation, the Korea Investment Corporation has been established to manage $20.4bn of the country's foreign exchange reserves becoming one of the world's largest institutional investors. Korea's leading banks have all posted record results and its asset management sector has almost doubled its equity funds under management.. However there are still many obstacles which need to be overcome before Korea can claim the tile of financial hub for North East Asia. Korea still has to work hard to confront caution from foreign investors and potential business partners who hang on to perceptions of a market riddled by poor corporate governance and a lack of transparency. The Euromoney Korean Financial Markets Congress will discuss these issues and shed light opoun what can be done to remove some of these obstacles. Some of the topics the conference will address include: • The Korean economy and Korea in the region • Developing a modern shareholder structure • The booming stock market • How will Korea finance its infrastructure? • Foreign exchange in Korea: liberalising the capital account | | |
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