This text is translated into Russian by google automatic human level neural machine.
EastRussia is not responsible for any mistakes in the translated text. Sorry for the inconvinience.
Please refer to the text in Russian as a source.
South Korean capital flows to the Cayman Islands
According to the news agency RUSKOR, the amount of money transferred by South Korean firms to their specially created companies in tax-free zones continues to grow, the Bank of Korea reports.
Financial investments in the form of stocks and bonds in the Cayman Islands, Bermuda, the British Virgin Islands and Labuan (Malaysia) reached $ 2,66 billion in 2013 year, which is 64,2 percent more than a year earlier.
Investment in the Cayman Islands has increased particularly, increasing from $ 70 million in 2009 to $ 2,51 billion in 2013.