Arab Today, arab today s korea\s corporate bankruptcies jump in october
Last Updated : GMT 20:08:36
Arab Today, arab today
Arab Today, arab today

S Korea\'s corporate bankruptcies jump in October

Arab Today, arab today

Arab Today, arab today S Korea\'s corporate bankruptcies jump in October

Seoul - XINHUA

South Korea\'s corporate bankruptcies jumped last month as defaults in the manufacturing and service industries gained sharply amid the persistent economic slowdown caused by external uncertainties, data by the central bank showed Monday. The number of companies that went belly-up stood at 116 in October, up 14 from a month earlier, according to the Bank of Korea (BOK). The number of failures in service firms increased by 13 last month, with those for manufacturers and builders rising by 6 and 1 respectively. The bankruptcies in other companies declined by 6 last month. The increase in company defaults came as the economic slowdown lasted in the Asia\'s No. 4 economy amid the lingering external uncertainties such as the eurozone fiscal crisis and the U.S. fiscal cliff issue. The central bank slashed its 202 growth outlook for the country to 2.4 percent from an earlier estimate of 3 percent last month. Meanwhile, the number of newly established firms stood at 5,639 in October, down from 5,695 tallied in September. The default rate on corporate bills, including bonds, checks and promissory notes, came in at 0.16 percent last month, up 0.02 percentage point from the previous month.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today s korea\s corporate bankruptcies jump in october Arab Today, arab today s korea\s corporate bankruptcies jump in october

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today s korea\s corporate bankruptcies jump in october Arab Today, arab today s korea\s corporate bankruptcies jump in october

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday