Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • SBI Mutual Fund IPO likely to open on July 14; issue size pegged at around ₹13,500 crore
    • SBI Funds Management IPO: Why SBI and Amundi are monetising massive stakes & what changes for investors – IPO News
    • Kotak Mutual Fund bets on private banking sector with new ETF
    • Ethanol mutual funds: Experts suggest how investors can explore this new theme and key risks to watch
    • Exclusive holdings: Stocks owned by just one mutual fund scheme, with no other scheme holding them
    • SIP vs Lump Sum: What works better in today’s volatile markets? Experts explain | Personal-finance
    • 5 Best Index Funds For Beginners
    • Finance Ministry issues domestic government bonds worth UAH 8.8 billion and EUR 201 million
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Investments»How US Immigration, economic policies impacting South Korean investments in North Carolina
    Investments

    How US Immigration, economic policies impacting South Korean investments in North Carolina

    October 17, 2025


    RALEIGH, N.C. (WTVD) — From North Carolina to South Korea, ABC11 is getting an inside look at some of the biggest issues facing one of our strongest allies in Asia. ABC11’s Tom George joins the Korea-U.S. Journalists Exchange in Seoul, exploring South Korea’s immigration, economic policies, and investments in North Carolina.

    Known as a hub for the music, K-pop entertainment, and K-beauty industry as well as technology and cars, South Korea has quickly become one of the fastest growing economies in the whole world including tech investment across the U.S. and in North Carolina, but now in wake of concerns over tariffs and immigration that relationship could be changing.

    In the hustle and bustle of Seoul this past September, concerns arose from overseas, particularly in the United States.

    After ICE raided a Hyundai plant in Georgia, hundreds of workers who were there to help set up the battery plant were arrested over claims they had the wrong visas for the work they were doing. This sent shockwaves throughout South Korea.

    “They were treated like criminals, they were shackled they were taken to the processing center therefore it was really shocking to South Korean people, the images is really hurting and I think what happened in Georgia will have a lasting impact on South Korean people,” Dr. Chung-in Moon told ABC11 Eyewitness News.

    Moon is a distinguished professor at Yonsei University who served as a senior advisor to the former President of South Korea on foreign affairs. Dr. Moon also taught in the U.S., including at Duke University.

    With North Carolina ranked among the top states for business, it attracts significant investment. South Korea contributed nearly $150 million in capital investment to North Carolina between 2014 and 2024, according to the Economic Development Partnership of North Carolina.

    With 23 Korean companies already established and more on the horizon, local job opportunities are growing. The largest Korean industries expanding into our state include batteries, pharmaceuticals, and textiles.

    Dr. Moon stated that even with tax incentives provided by states like North Carolina and Georgia for Korean businesses, the situation will remain unstable unless the federal government ensures an improved visa system to prevent incidents like those at the Hyundai plant.

    “The state government in Georgia and North Carolina should cultivate a very good working relationship with federal government agencies, so they can prevent repetition of same problem,” he said. “Otherwise, it would be very difficult for South Korean or Japanese to make a huge investment in those states.”

    He added that is also true for universities, especially in the Research Triangle, which draws many of the brightest South Korean students. These same students are now concerned about international student visas not being a safe guarantee either.

    “A lot of South Koreans go to the leading universities in the United States, particularly Duke University, UNC-Chapel Hill, and NC State, those three universities are very much preferred by South Korean students,” Dr. Moon said. “But if there is a very vague chance of getting H1B visa, then they would try and find some other place like Australia, Canada, or European countries, they might not want to come to North Carolina.”

    As for the raid, Hyundai CEO said it could delay other plants opening.

    Just last month in Seoul, a protest banner near the embassy called on President Trump to apologize over the visa issue, while other signs highlighted the potential for cooperation between the two nations and raised questions from South Korean leaders about the future.

    “We are all concerned, why such a huge transformation in the United States? And we cannot figure it out, and Americans should answer to our Korean questions,” Dr. Moon said.

    Copyright © 2025 WTVD-TV. All Rights Reserved.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Why tech investors are reevaluating AI investments | articles

    July 7, 2026

    Aberdeen Investments completes acquisition of MFS trust range

    July 6, 2026

    Somerset Council loses more than £91m on commercial investments

    July 5, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023

    SBI Mutual Fund IPO likely to open on July 14; issue size pegged at around ₹13,500 crore

    July 8, 2026
    Don't Miss
    Mutual Funds

    SBI Mutual Fund IPO likely to open on July 14; issue size pegged at around ₹13,500 crore

    July 8, 2026

    SBI Funds Management, the asset management arm of SBI Mutual Fund, is set to launch…

    SBI Funds Management IPO: Why SBI and Amundi are monetising massive stakes & what changes for investors – IPO News

    July 8, 2026

    Kotak Mutual Fund bets on private banking sector with new ETF

    July 8, 2026

    Ethanol mutual funds: Experts suggest how investors can explore this new theme and key risks to watch

    July 8, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Le groupe Norva24 reçoit une offre de 6,6 milliards de couronnes suédoises de la part d’Apax Funds -Le 10 mars 2025 à 08:14

    March 10, 2025

    Seattle families join investment group in buying Smith Tower

    August 9, 2024

    Steffi De Martino appointed deputy chairperson of KDM Investments Ltd

    September 10, 2025
    Our Picks

    SBI Mutual Fund IPO likely to open on July 14; issue size pegged at around ₹13,500 crore

    July 8, 2026

    SBI Funds Management IPO: Why SBI and Amundi are monetising massive stakes & what changes for investors – IPO News

    July 8, 2026

    Kotak Mutual Fund bets on private banking sector with new ETF

    July 8, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.