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SOUTH KOREA TO SPEED UP CORPORATE RESTRUCTURING.
SEOUL, Dec 1 Asia Pulse - South Korea's financial regulator said Saturday it plans to speed up efforts to restructure troubled companies as the nation's economy is widely expected to head toward its first recession in a decade.
"There is a limit to the government's ability to recover the economy without restructuring troubled companies," said Rhee Chang-yong, vice chairman of the Financial Services Commission.
In a keynote speech at a conference in ...
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Source: HighBeam Research, SOUTH KOREA TO SPEED UP CORPORATE RESTRUCTURING.