Not all South Korean firms are seriously worried about the impact of the U.S. Fed’s tapering on their business conditions, a latest poll showed Tuesday.

According to the survey of 1,000 companies by the Korea Chamber of Commerce and Industry this month, 50.5 percent of the respondents believe that the Fed’s scaling back of its bond-buying program will undermine their business conditions.

The figure is up slightly from 47 percent in January. Sixty percent were worried about the overall business conditions.

The Fed announced a gradual exit from quantitative easing in December and has since reduced bond purchases by $20 billion.

The respondents who feared negative impact from the tapering cited a fall in domestic demand, possible slowdown in the U.S. economy, rising inflation, a rise in raw materials prices and economic volatility in emerging economies. (Yonhap)