Yonhap Infomax NewsOct 31
South Korea’s Ministry of Land, Infrastructure and Transport uncovered 262 illegal subcontracting cases at construction sites nationwide, signaling intensified regulatory scrutiny and a sharp drop in violation rates compared to last year.
#YonhapInfomax #MinistryOfLandInfrastructureAndTransport #IllegalSubcontracting #ConstructionSites #WageArrears #RegulatoryCrackdown #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=88562
Ministry of Land, Infrastructure and Transport Cracks Down on Illegal Construction Subcontracting—262 Cases Uncovered

South Korea’s Ministry of Land, Infrastructure and Transport uncovered 262 illegal subcontracting cases at construction sites nationwide, signaling intensified regulatory scrutiny and a sharp drop in violation rates compared to last year.

Yonhap Infomax
Yonhap Infomax NewsSep 24
South Korea's Financial Supervisory Service reported auto insurance fraud surged to 82.4 billion won ($60.5 million) in 2024, driven by accident manipulation and false claims, prompting a regulatory crackdown and enhanced consumer warnings.
#YonhapInfomax #FinancialSupervisoryService #AutoInsuranceFraud #InsuranceClaims #RegulatoryCrackdown #FraudulentClaims #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83200
Auto Insurance Fraud via Accident Manipulation Hits 82.4 Billion Won Last Year—FSS Vows Aggressive Crackdown

South Korea's Financial Supervisory Service reported auto insurance fraud surged to 82.4 billion won ($60.5 million) in 2024, driven by accident manipulation and false claims, prompting a regulatory crackdown and enhanced consumer warnings.

Yonhap Infomax
Norobiik @[email protected]Jun 17, 2024

#Policymakers have been attempting to rein in the oversupply of housing, and support debt-laden developers since the real property market went into freefall in 2020, hit by the #pandemic and a sudden #RegulatoryCrackdown on indebted lenders.

But the #PropertyGlut is still holding down prices despite all government attempts to revive market. #PropertyMarketCrisis

#China new #HomePrices drop at fastest rate in nearly a decade
https://www.theguardian.com/business/article/2024/jun/17/china-new-home-prices-fall-property-market

Back toot: https://noc.social/@Norobiik/112614827033696492

China new home prices drop at fastest rate in nearly a decade

Property glut holds down prices despite government attempts to revive market

The Guardian