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The National Tax Service is stepping up efforts to stamp out the trade in fraudulent invoices, which some traders use to under-report their income to tax authorities. The tax agency said yesterday that it had started tax investigations of 3,100...
#fake invoices#trade
The South Korean economy is showing signs of recovery, including strong exports and positive expectations from large businesses, according to…
#bank#exports#GDP
The Export-Import Bank of Korea (EXIM Bank) will focus primarily on opening up new markets in developing countries and expanding…
#bank#guarantees#international
The Export-Import Bank of Korea (EXIM Bank) said yesterday that it will increase its trade finance volume to 14 trillion…
More small- and medium-sized companies plan not to offer a bonus for the Lunar New Year holidays. According to a…
A report released by The Bank of Korea (BOK) on Friday said 70 per cent of domestic businesses would begin…
#bank#Clear#digital
South Korea's top trade promotion agency said Monday it will try to provide more export opportunities to small- and medium-sized…
Nearly 4 out of 10 small- and medium- sized domestic enterprises (SMEs) are unable to cover interest payments on their…
An economic recovery may be in store for Christmas, but domestic small- and medium-sized enterprises (SMEs) will not be joining…
A delegation promoting exports from medium-size businesses in Gimhae, South Gyeongsang Province, have signed provisional contracts worth US$19m with importers…
#exports
Starting in January next year, Korea's first logistics base for small- and medium-sized enterprises (SMEs) is to go into operation…
Outstanding corporate loans rose 2.6 trillion won in October, up from the 700 billion won rise in September, owing to…
The amount of loans extended by local banks to small and medium-sized firms (SMEs) grew significantly during the first 10…