S. Korea's corporate investment up 9 percent in Q1

(MENAFN) South Korea's News Agency (Yonhap) reported that the country's corporate investment in the January-March period of 2014 has increased over a year, QNA reported. According to an analysis by corporate watcher CEO Score showed South Korea's top 30 business groups invested USD20.06 billion during the first quarter, 9 percent higher than the same period a year ago. The increase was mainly attributed to a handful of top firms, pointing to a growing imbalance between big and smaller companies. Data showed companies invested more in tangible assets, including factories and facilities, increasing the amount by 13 percent to USD16.05 billion, while investment in non-tangible assets decreased 3.4 percent to USD1.93 billion.