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Traffic builds up on highways as people return to Seoul from Lunar New Year holiday – The Korea Times

Traffic builds up on highways as people return to Seoul from Lunar New Year holiday – The Korea Times
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Soult ukpyolsiSouth koreaPusan gwangyoksiKangwon doSouth koreansKorea expressway corpLunar new yearKorea expresswayGyeongbu expressway

Traffic congestion heavy on Lunar New Year

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Soult ukpyolsiSouth koreaTaejon gwangyoksiPusan gwangyoksiKwangju gwangyoksiKangwon doKorea expressway corpLunar new yearKorea expresswayLunar newRaffic congetsionSouth koreaNorth koreaHe korea timesOrea timesOrean news in english

Traffic slows as Lunar New Year holiday begins

Traffic on some highway sections slowed Saturday with people hitting the road to visit their hometowns or go on trips following the start of the Lunar New Year holiday.

Soult ukpyolsiSouth koreaPusan gwangyoksiKwangju gwangyoksiKorea expressway corpGyeongbu highwayLunar new yearKorea expresswayGyeongbu expresswayLunar new year holidaySouth koreaNorth koreaHe korea timesOrea timesOrean news in english

Legoland financing default triggers crisis across S Korean corporate world

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

South koreaKangwon doKorea electric power corpKorea credit guarantee fundKorea expressway corpHanwha solutionsFederation of korean industrieKorea gas corpKorea hydro nuclear power corpLegoland koreaGangwon provinceKorea hydroNuclear power corpKorea expresswayLotte chemicalKim sang man

Legoland crisis spreads across corporate world

A default in project financing for the construction of the Legoland Korea amusement park in Gangwon Province has not only caused concerns over the possibility of a series of bankruptcies of securities firms and builders, but has also made it more difficult for big businesses to raise money, according to industry officials, Tuesday. Even before the Gangwon provincial government triggered distrust in the nation s bond market by breaching its promise to guarantee the repayment of the amusement park developer s debts, affiliates of the SK, Lotte and Hyosung groups raised money through primary collateralized bond obligations (P-CBOs) guaranteed by the state-run Korea Credit Guarantee Fund (KODIT). P-CBO has been used mainly by small- and medium-sized enterprises (SMEs) with .

South koreaKangwon doKorea electric power corpKorea credit guarantee fundKorea expressway corpHanwha solutionsKorea development bankKorea gas corpKorea hydro nuclear power corpSamsung electronicsA federation of korean industrieLegoland koreaGangwon provinceKorea hydroNuclear power corpKorea expressway

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