Public developers face criticism for giving apartments non-Korean names koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.
Public real estate developers are facing criticism for their growing penchant for adopting non-Korean names for their apartments and residential complexes, a trend that mirrors the controversial strategy long employed by private builders to make facilities sound more luxurious, according to industry officials Wednesday.
Korean public firms liabilities reached another high in 2023 as they borrowed more money for projects meant to ease housing problems and build infrastructure, the finance ministry said Tuesday.
Public Firms Debt Reaches Record High in 2023 koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.
The ruling People Power Party (PPP) introduced a pledge to relocate the National Assembly to Sejong, but experts noted that while the proposal holds theoretical advantages, it is important to consider practical limitations before implementation.