Asia Business Outlook Survey 2022: South Korea’s New Capitalism
In the first quarter of 2021 South Korea became one of the first OECD countries to see its economy recover to pre-pandemic levels. EIU estimates that its real GDP will grow by 2.8% in 2022, on the back of strong external demand and rebounding consumption.
With highly unpredictable outcome of the elections and possibility of the opposition conservative camp to retake the presidency in the election in March 2022, business have to prepare for the risk of deadlock in policymaking, as the ruling Minjoo Party’s large parliamentary majority remains unchanged.
Join us to discuss what are the investment plans of MNCs in South Korea, and which industries will be more resilient than others in 2022? How are business leaders positioning their strategies vis-a-vis highly volatile socio-political environment? What are the business opportunities to be considered and why?