The government is taking steps to revitalize the construction industry by expanding housing supply. To this end, it will establish a refinancing guarantee for real estate project financing (PF) loans ...
Editor's NoteThe aftermath of Taeyoung Construction's workout application is shaking not only the construction industry but also South Korea's financial sector and capital markets. The decisive cause ...
SEOUL, May 22 (Yonhap) -- Over half of loans extended to risky real estate development projects are expected to be restructured by the end of June via sell-offs or recapitalization, the financial ...
The Ministry of Land, Infrastructure and Transport announced on the 29th that it will strengthen financial support for housing developers as a follow-up measure to the September 7 policy. To this end, ...