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'Reasonable Price' business owners find scheme unreasonable

The Reasonable Price businesses program, where the government provides tax incentives and subsidizes essential daily items, thereby enabling lower prices, was initiated in 2011 to stabilize costs. This approach was promoted as a win-win policy for both customers and business owners.

Korean Builder Taeyoung Enters Key Moment in Restructuring Push

(Bloomberg) The distressed South Korean builder that’s sparked concerns about project finance crises in a nation on alert against more flareups is heading into a pivotal moment.Most Read from BloombergSEC X Account Compromised to Falsely Say Bitcoin ETFs ApprovedAmazon’s Twitch to Cut 500 Employees, About 35% of StaffUS and Allies Met Secretly With Ukraine on Peace PlanBlackRock Cuts 3% of Global Workforce, Citing Dramatic Industry ShiftsXi, Biden and the $10 Trillion Cost of War Over TaiwanT

South Korea's Latest Debt Wreck Faces a Reckoning With Creditors

South Korea's Latest Debt Wreck Faces a Reckoning With Creditors
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11Street up for sale again as SK Square forfeits call option

The e-commerce platform 11Street, grappling with a financial crisis, is expected to expedite its forced sale process, as its largest shareholder SK Square has relinquished its call option.

Korea Credit Risks Threaten Spillover as Builder Taeyoung Slides

(Bloomberg) A Korean builder whose plan to restructure debt prompted a rating agency to warn of spillover risk slid on Thursday, fueling concerns in a nation on alert for crises in project finance.Most Read from BloombergConfidential Jeffrey Epstein Documents Unsealed by New York CourtFed Sees Rates Staying High for Some Time With Cuts Eyed in 2024Saving the Panama Canal Will Take Years and Cost Billions, If It’s Even PossibleTech Stocks Log Four-Day Losing Streak, Bonds Rise: Markets WrapIra

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