The South Korea National Pension Service (NPS) has announced its support for the government's efforts to address the 'Korea discount' in the country's financial markets. The 'Korea discount' refers to the undervaluation of South Korean assets compared to their global counterparts.
The NPS, one of the largest pension funds in the world, plays a significant role in the South Korean economy and has assets worth billions of dollars. By backing the government's push to rectify the 'Korea discount,' the NPS aims to enhance the competitiveness of South Korean companies and attract more foreign investment.
