SEOUL, June 8 (Korea Bizwire) – No more “I don’t have time” excuses. According to the Asahi Shimbun, a Japanese newspaper, a research team from a Canadian university recently discovered that a single minute of vigorous exercise has almost the equivalent effect when it comes to preventing diabetes and improving cardiopulmonary functions as 46 minutes [...]
SEOUL, Aug. 13 (Korea Bizwire) — South Korea’s top financial regulator will set up an entity that mainly deals with corporate restructuring later this year to put government-led workout programs in private hands, officials said Thursday. In a report submitted to the parliament, the Financial Services Commission (FSC) said it has inked a memorandum of [...]
SEOUL, Korea, April 18, 2014 (Korea Bizwire) – Once a top-ten contractor, Byucksan Engineering & Construction has finally been declared “dead” after two years of a workout process. As it happens, industry officials begin talk about a crisis of the whole construction industry. That’s because there are quite many contractors under workout or court receivership [...]