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One out of every four to five Koreans owes debts that are three times as much as their annual income due to costly borrowing rates and surging housing prices, a report showed Monday. Released by Korea Institute for Health and Social Affairs, the report said that the rate for debt-ridden young Koreans was up 2.6 times from 10 years earlier, when relevant data was compiled while the debt amount was up nearly 2.5 times for the same time period.

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The company achieved the revised guidance set in October, with EBITDA reaching 512 million euros. Good progress on the Simplification program to become more efficient and strengthen its sector

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RICE FUND. Negros Oriental Governor Roel Degamo mounts a tractor during the turnover of farm equipment on Thursday (Feb. 23, 2023) at the Macias Sports Center in Dumaguete City. The Philippine Center for Postharvest Development and Mechanization Program turned over machinery worth PHP39.7 million as part of the Rice Competitiveness Enhancement Fund Mechanization Component. (Photo courtesy of Capitol PIO) DUMAGUETE CITY - The Philippine Center for Postharvest Development and Mechanization Program...

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NEW HOSPITAL. The design perspectives for the multipurpose building of the national government-funded Bacolod City General Hospital in Barangay Vista Alegre were unveiled during the groundbreaking rites held in September last year. The construction of these ancillary facilities is now ongoing, Rep. Greg Gasataya said earlier this week.(PNA Bacolod file photo) BACOLOD CITY - Mayor Alfredo Abelardo Benitez has said the city government is considering a public-private partnership (PPP) scheme for th...

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