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 ...

The financial authorities addressed concerns regarding the so-called 'April crisis theory,' which suggested that a concentration of maturities in real estate project financing (PF) loans could trigger ...

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, ...

Non-residential construction sites, such as offices and logistics centers, will also be able to receive project financing (PF) loan guarantees starting as early as November. Until now, there were no ...

Over 60 percent of loans extended to risky real estate development projects had been restructured through June via sell-offs or recapitalization, the financial watchdog said Thursday. According to the ...

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Members of EPFO can now breathe a sigh of relief as the organisation allows full withdrawal of PF balances. Here’s a look at seven important changes that will affect how you access your funds.