state assets Archives | Be Korea-savvy
S. Korea to Sell State-owned Idle Assets over Next 5 Years

S. Korea to Sell State-owned Idle Assets over Next 5 Years

SEOUL, Aug. 8 (Korea Bizwire) — South Korea plans to sell state-owned unused and idle lands and buildings over the next five years in a bid to bolster public finances, the finance ministry said Monday. The government said it plans to push to sell assets worth 16 trillion won (US$12.3 billion) and more in the [...]