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Korea Outbound Investment Guide 2023 – Essential Tips and Insights | Asia Business Law Journal

Strategies for South Korean investment in India

This year marks the 50th anniversary of successful diplomatic relations between South Korea and India. The milestone adds a new dimension to the growing relationship, underscored by recent surging South Korean investment alongside bilateral trade growth of 17.3% last year, solidifying South Korea’s position as one of India’s largest trading partners.

The previous article of this series discussed investment opportunities for South Korean investors along with the relevant regulatory framework, available investment routes (foreign direct investment, foreign portfolio investment and foreign venture capital investment) and typical regulatory challenges. ... (Read more)

INDUSLAW
Suneeth Katarki

Suneeth Katarki
Founding Partner
IndusLaw in Bengaluru

Rashi Saraf

Rashi Saraf
Partner
IndusLaw in Bengaluru

Swathi Pic

Swathi Sreenath
Principal Associate
IndusLaw in New Delhi

Korean Guide 2023

Navigating commercial disputes in India

No one likes the idea of having to dispute outside one’s known territories. However, when a corporation takes on a global footprint, it needs to anticipate being dragged into litigation in unfamiliar waters. In this briefing, the authors present a snapshot of navigating disputes in India. … (Read more)

Kachwaha Partners
Ankit Khushu

Ankit Khushu
Partner
Kachwaha & Partners in New Delhi

Sumeet Kachwaha

Sumeet Kachwaha
Partner
Kachwaha & Partners in New Delhi

Korean Guide 2023

Navigating commercial litigation in Indonesia

The business climate in Indonesia is characterised by a multitude of complexities and diverse business sectors with promising growth. As commercial disputes inevitably arise, there are primarily two settlement pathways: out-of-court settlements (Cession (Assignment), novation and subrogation) and court settlements (breach of contract lawsuit, bankruptcy and suspension of debt payment obligation, enforcement and arbitration). This article will look at the key features. ... (Read more)

Siregar Setiawan Manalu Partnership
Photo Profile-Nien Rafles Siregar

Nien Rafles Siregar
Managing Partner
Siregar Setiawan Manalu Partnership in Jakarta

Photo Profile-Bobby Rahman Manalu

Bobby Rahman Manalu
Partner
Siregar Setiawan Manalu Partnership in Jakarta

Korean Guide 2023

IPR protection in Indonesia for South Korean companies

Indonesia and South Korea have enjoyed a fruitful relationship in the past five decades. As both countries mark the 50th anniversary of trade relations, transactions between them have reached USD30 billion in 2022. This collaboration makes South Korea the fourth-largest importing country to Indonesia. ... (Read more)

Emirsya Dinar

Emirsyah Dinar

Managing Partner
AFFA Intellectual Property Rights in Jakarta

AFFA IP
Korean Guide 2023

Japan’s IP High Court finds domestic patent covered US server

Whether a Japanese patent covers an overseas server was litigated in Dwango v FC2 (The IP High Court, En Banc, 26 May 2023). The patented system has server and user terminals. Although FC2, a US company, provided streaming media services with real-time user comments from the server in the US, Dwango prevailed. … (Read more)

Ryuka Partners Tokyo
Aki Ryuka

Aki Ryuka
Managing Partner/Patent Attorney
Ryuka & Partners in Tokyo

LIU YICHEN_toUse

Yichen Liu
Chinese Attorney at Law
Ryuka & Partners in Tokyo

Korean Guide 2023

LEP strengthens long-term ties with Malaysia

2023 marks the 40th anniversary of Malaysia’s co-operation with South Korea since adopting its Look East Policy (LEP). The enduring relationship saw bilateral trade reaching MYR114.55 billion (USD26 billion) last year, which Malaysia aims to further increase by 20%. … (Read more)

Adnan Sundra Low
KR Malay 1

Constance Low
Partner
Adnan Sundra & Low in Kuala Lumpur

KR Malay 2

Loo Sim Yi
Partner
Adnan Sundra & Low in Kuala Lumpur

KR Malay3

Goh Chai Ling
Partner
Adnan Sundra & Low in Kuala Lumpur

Korean Guide 2023

Investment strategies in Nigeria

Nigeria is Africa’s most populous country, ranked seventh in the world, with a forecast population of 230 million by 2025. With significant crude oil and natural gas reserves and major exports including cocoa, cassava and rubber, the country is a member of the Economic Community of West African States, the African Union, the Commonwealth, and the Organisation of Petroleum Exporting Countries… (Read more)

Banwo and Ighodalo
B&I_Ayotunde Owoigbe

Ayotunde Owoigbe
Partner
Banwo & Ighodalo in Lagos

B&I _ Ibiyemi Ajiboye

Ibiyemi Ajiboye
Associate
Banwo & Ighodalo in Lagos

Korean Guide 2023

IP protection in the Philippines

Republic Act No. 8293, otherwise known as the Intellectual Property Code of the Philippines, provides remedies for owners to protect their intellectual property (IP) rights. In the past 10 years, an average of 632 inter partes cases involving trademarks, and seven inter partes cases involving patents were filed every year, contributing to a moderately active IP protection case scene. … (Read more)

Romulo Mabanta Buenaventura Sayoc De los Angeles
Rogelio Nicandro New

Rogelio Nicandro
Senior Partner & Chairman, IP Department
Romulo Mabanta Buenaventura Sayoc & De los Angeles in Manila

Nicole Veloso

Nicole Beatriz Yap Veloso
Associate
Romulo Mabanta Buenaventura Sayoc & De los Angeles in Manila

Korean Guide 2023

Investment activities in Singapore: a legal perspective

Singapore has established itself as a global business hub, ranking first in Asia and fourth worldwide in global competitiveness according to the IMD World Competitiveness Ranking and second for Ease of Doing Business according to the World Bank in 2023. Such high performance has been supported by a multitude of factors that include Singapore’s political and operational stability, sound rule of law and policy-making transparency, the lowest corruption levels in the Asia-Pacific and a highly educated and trained workforce. … (Read more)

Shin & Kim
Tan_Christopher

Christopher Tan
Partner
K&L Gates Straits Law

Kim_Henry

Henry Kim
Partner
K&L Gates Straits Law

Bennett_Edward

Edward Bennett
Partner
K&L Gates Straits Law

Korean Guide 2023

Disputes in Taiwan: an overview for Korean firms

In Taiwan, a “three-level and three-instance” system is adopted for civil proceedings. Three-level refers to the courts, including the District Court, the High Court and the Supreme Court. Three-instance means a case is initially heard by the District Court (first instance) and may be appealed to the High Court (second instance), and further to the Supreme Court (third instance) if applicable. … (Read more)

Lee and Li
Patrick Marros Chu

Patrick Marros Chu
Partner
Lee and Li in Taipei

Matt Lai

Matt Lai
Associate Partner
Lee and Li in Taipei

Korean Guide 2023

Taiwan investment strategies for Korean companies

Taiwan’s economy has been resilient through the covid-19 pandemic, ranked as the 21st-largest economy in the world by gross domestic product based on the data collected by the International Monetary Fund. In light of its business agility, professional talent cultivation and technology innovation, Taiwan is ranked sixth-best in world competitiveness in the World Competitiveness Booklet 2023 released by the International Institute for Management Development. In addition, considering the undercurrent of international relations and implementation of sanctions as part of the technology war, the authors have found a growing interest by foreign companies in expanding into Taiwan to build strategic partnerships and reinforce supply chains. … (Read more)

KL Gates
Fu_Jacqueline

Jacqueline Fu
Managing Partner
K&L Gates in Taipei

Lin_Yoting

Lin Yoting
Associate
K&L Gates in Taipei

Korean Guide 2023

Taiwan’s intellectual property protection and litigation

The amendment to the Intellectual Property Case Adjudication Act of Taiwan marks its most substantial revision in more than 14 years. … (Read more)

Lee and Li
Patrick Marros Chu

Patrick Marros Chu
Partner
Lee and Li in Taipei

Winona Chen

Winona Chen
Associate Partner
Lee and Li in Taipei

Korean Guide 2023

Fast track to accelerate Thailand TM applications

Before introducing a new product to the market, it is a common practice for both domestic and international brand owners to file a trademark application, obtaining exclusive rights to use their new trademark and legally enforce it against any infringement. … (Read more)

ILCT
Titirat

Titirat Wattanachewanopakorn
Partner and Head of Enforcement and IP Litigation
ILCT in Bangkok

Ratinuch

Ratinuch Kawnachaimongkol
Partner and Head of IP Department
ILCT in Bangkok

Korean Guide 2023

ADR in the United Arab Emirates: proactive dispute management

Failing to prepare for the eventuality of disputes can cost organisations significant time and money, with the risk that the outcome will not profit any of the parties. In contrast, agreeing a well thought-out process before disputes arise will increase the chances of a speedy and effective resolution. … (Read more)

KL Gates
Hess_Guillaume

Guillaume Hess
Special Counsel
K&L Gates in Doha

Sutcliffe_Jonathan

Jonathan Sutcliffe
Partner
K&L Gates in Dubai

Kim_Henry

Henry Kim
Partner
K&L Gates Straits Law in Singapore

Korean Guide 2023

IP protection in Hong Kong, with infringement case example

Hong Kong maintains a robust, sophisticated and effective system for intellectual property (IP) protection. Being a signatory to various international agreements and conventions related to IP protection, Hong Kong has been ensuring compliance with evolving international norms pertaining to the protection of IP rights… (Read more)

FAIRBAIRN CATLEY LOW & KONG IN HONG KONG
Grace H W Chu Partner Fairbairn Catley Low & Kong

Grace H W Chu
Partner
Fairbairn Catley Low & Kong
Hong Kong

Jasmine C K Wong Associate Fairbairn Catley Low & Kong Hong Kong

Jasmine C K Wong
Associate Fairbairn
Catley Low & Kong
Hong Kong

Venus W S Man Partner Fairbairn Catley Low & Kong Hong Kong

Venus W S Man
Partner
Fairbairn Catley Low & Kong
Hong Kong

Korean Guide 2023
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