ROK extends bridge loans to firms that invested in the DPRK

According to Yonhap: South Korea said Friday it will extend 20 billion won (US$19.2 million) in loans to companies that have been in financial trouble for years due to the suspension of their businesses with North Korea. The decision came four months after South Korean investors called for special low-interest loans to help ease their … Continue reading ROK extends bridge loans to firms that invested in the DPRK