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As Taeyoung Engineering & Construction (E&C) is going through a rough phase of debt restructuring negotiations, other construction companies are taking proactive moves to explain their liquidity situations, aiming to quell market anxieties over their financial soundness. ....
Financial authorities are spearheading a comprehensive overhaul of the nation s public equity funds system, with the explicit goal of elevating global competitiveness and catalyzing a fresh wave of growth in the industry. ....
Finance Minister and Deputy Prime Minister Choi Sang-mok, who took office early this year, urged the financial sector to make their utmost effort in risk management to mitigate rising concerns over a looming real estate project financing crisis. Choi also stressed the value of solidarity and mutual support as keys to overcome challenges posed by economic uncertainties. ....
The Financial Services Commission (FSC) will make efforts to facilitate a smooth resolution of the real estate project financing (PF) crisis as one of the key urgent priorities in 2024, the head of the country s top financial regulator said Sunday. ....
Speculation runs high that Taeyoung Engineering & Construction (Taeyoung E&C) is close to filing for corporate restructuring due to a liquidity crisis triggered by a soured real estate project financing (PF) deal. ....