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These days small- and medium-sized businesses (SMEs) are undergoing a financial crisis worse than that of 1997. While large companies have profited from recent export increases, the nation's SMEs are struggling with debt. Toward the end of last year a...
#bank#cash-flow#Paid
The ratio of overdue bank loans owed by South Korea's small- and medium-sized businesses (SMEs) rose 0.7 percentage point to…
A new equity fund has been set up to tap into growing investor interest in small- and medium-sized South Korean…
Local banks are bracing for more trouble - namely defaults by small-and medium-sized companies (SMEs) - after getting burned by…
#bank#bankruptcy#banks
The lengthy economic slump has led to growing overdue small- and medium-size companies (SME) loans. According to financial sources, the…
Business start-ups that hire more than 10 employees will enjoy tax exemptions of up to 100 per cent over the…
#economy#interest rates#Jobs
The number of service businesses that defaulted on payments jumped last month. The Bank of Korea said yesterday that 401…
#bank
Bankers reacted negatively to the government's move to prod lenders to free up loans to consumers and small companies. A…
#bank#cash-flow#liquidity
Growing numbers of small- and medium-sized companies (SMEs) are experiencing a liquidity squeeze as a consequence of rising costs in…
#bank#cash-flow#digital
KOTRA's overseas offices, which serve as foreign branch offices for local small and medium enterprises (SMEs), helped chalked up US$1.02…
#exports#smes
Strong exports have been powering the manufacturing industry upturn, the state-funded Korea Development Institute (KDI) has reported. It said economic…
Small- and medium-sized enterprises (SMEs) and venture start-ups are increasingly contributing to South Korea's exports. Venture start-ups' exports grew 23.8…
The Ministry of Finance and Economy is trying to suppress money laundering by strengthening the powers of the Korea Financial…