Following a strong rebound in 2021, Korea's economic growth is expected to be moderate this year at 2.6 percent. Amid worries of stagflation and intensifying market volatility inside the country, Korean investors are looking outward for investment. Overseas direct investment hit a record high in Q1 of 2022, with increased investment in China and Southeast Asia. Korea's private equity funds have been actively expanding into Southeast Asia, looking to diversify their investment markets to take advantage of potential Indo-Pacific Economic Framework (IPEF)-induced, US-led investments. It's an opportune time to examine some of the underlying risks and bright sides of Korea's capital market. How are Korea's major corporations and investment firms expanding their influence in Southeast Asia and beyond? How will Korea drive growth from pandemic- and war- induced economic slowdown? Which sectors and companies are likely to thrive?