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Korea

Local banks may tighten their approach to SMEs

Standard & Poor's Ratings Services said yesterday that it is maintaining a stable outlook on most Korean banks, as it expects that banks will be able to sustain their financial standings over the medium to long term, despite expected-levels of...

Banks rush to expand lending to SMEs

Local banks, under pressure to scale back consumer lending to households and individuals, are scrambling to find alternative ways of…


Number of SMEs falls

The number of small and mid-sized enterprises (SMEs) opening for business in November fell both from the previous month and…


Tax authority uses tax cuts as incentives for SMEs

Small and medium-sized enterprises (SMEs) will receive more tax deductions if they attract foreign capital or advanced technology. The National…


SMEs’ business sentiment hits three-month low

As the winter commercial season nears, business sentiment among small- and medium-sized enterprises (SMEs) continues to drop, as it has…

#exports#management#small business


Gathering clouds over Asia's 'star pupil' are bad news...

South Korea has paid back its debt to the IMF, cleaned up most of its bad loans and emerged as…

#bank#exports#international


Small Firms Turn Eye to Untapped South American Market

The Small and Medium Business Administration (SMBA) is dispatching a delegation to Brazil and Chile Saturday to promote Korean small…

#exports#forum#security


LG Capital to change name to LG Card

LG Capital said yesterday that its name will be changed to LG Card Co. starting Sept. 1. The company said…


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