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Specter of bankruptcy looms over builders

Domestic builders are facing growing concerns over the possibility of a series of bankruptcies amid worsening investor sentiment in the wake of the recent slump in the real estate market, according to industry officials, Thursday. Late last month, Wooseok Construction, a medium-sized builder based in South Chungcheong Province, failed to repay its debt in time. If the company fails to make the payment again, it will be forced into bankruptcy.

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Today's D Brief: Baby-formula airlift; Chinese-spy charges; Sweden, Finland may get more security aid; Ocean temps hit new high; And a bit more.

Today's D Brief: Baby-formula airlift; Chinese-spy charges; Sweden, Finland may get more security aid; Ocean temps hit new high; And a bit more.
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MIL-OSI Security: Security News: Seven South Korean Companies Agree to Pay Approximately $3.1 Million to Settle Civil False Claims Act Allegations for Bid Rigging on U.S. Department of Defense Contracts

MIL-OSI Security: Security News: Seven South Korean Companies Agree to Pay Approximately $3.1 Million to Settle Civil False Claims Act Allegations for Bid Rigging on U.S. Department of Defense Contracts
foreignaffairs.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foreignaffairs.co.nz Daily Mail and Mail on Sunday newspapers.

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