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FSS chief rebukes Taeyoung Group's lack of sincerity in corporate restructuring plan - Vimarsana News

FSS chief rebukes Taeyoung Group's lack of sincerity in corporate restructuring plan

What are crocodile tears? Cambridge Dictionary defines them as “tears that you cry when you are not really sad or sorry.” Merriam-Webster says they are “false or affected tears” as...

Taeyoung E&C files for debt workout, government urges self-rescue efforts - Vimarsana News

Taeyoung E&C files for debt workout, government urges self-rescue efforts

The South Korean government said Thursday that it will seek to normalize the business of Taeyoung Engineering and Construction, which applied for a debt-restructuring program on the same day, under the premise of the construction firm’s intense self-rescue efforts. Earlier in the day, Taeyoung E&C, the 16th-largest builder in the country in terms of construction capacity, applied for a debt workout with its...

External risks, weak domestic demand stand in way of Korea's exports-led recovery in 2024 - Vimarsana News

External risks, weak domestic demand stand in way of Korea's exports-led recovery in 2024

The Korean economy is expected to be on track for a recovery in 2024 on rising exports, but sluggish growth looms large as higher-for-longer interest rates and sticky inflation could further hamper global growth and domestic demand, experts said Tuesday.

External risks, weak domestic demand stand in way of S. Korea's exports-led recovery in 2024 - Vimarsana News

External risks, weak domestic demand stand in way of S. Korea's exports-led recovery in 2024

The South Korean economy is expected to be on track for a recovery in 2024 on rising exports, but sluggish growth looms large as higher-for-longer interest rates and sticky inflation could further hamper global growth and domestic demand, experts said Tuesday. South Korea has faced multiple economic challenges in 2023 posed by the global economic downturn caused by aggressive monetary tightening by major economies to...

[Bills in Focus] Bills to promote software, high-tech industries - Vimarsana News

[Bills in Focus] Bills to promote software, high-tech industries

Proposed Bill: Partial Amendment to the Software Promotion Act Proposed by Rep. Yoon Doo-hyun (People Power Party) ● This amendment aims to minimize quality problems in software projects by allowing companies to participate in public domain software projects based on capacity. It exceptionally allows large enterprises to engage in design and planning projects that are ordered separately from software development pro...