South Korea’s Aging Entrepreneurs Face Mounting Debt Crisis

SEOUL, Jan. 13 (Korea Bizwire) —  The debt burden among South Korea’s self-employed in their 50s and 60s has surged to unprecedented levels, raising concerns over financial stability amid sluggish domestic demand and persistently high interest rates. According to data submitted by the Financial Supervisory Service (FSS) to Democratic Party lawmaker Lee Kang-il, as of November [...]