Autor: |
Cho, Kyungji, Lee, Youkyung |
Předmět: |
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Zdroj: |
Bloomberg.com; 5/9/2024, pN.PAG-N.PAG, 1p |
Abstrakt: |
South Korea is set to announce measures to address troubled project-finance debt in an effort to alleviate stress in the banking and real estate sectors. The government plans to implement a normalization plan for project financing sites, with the aim of encouraging lower-priced transactions and revitalizing the sector. The move comes as the real estate market has shown signs of strain following a hike in interest rates. While the details of the plan are yet to be finalized, it is expected to primarily target project-finance sites in the early stages of development. [Extracted from the article] |
Databáze: |
Complementary Index |
Externí odkaz: |
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