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S.KOREA

Megaprojects signal turn to local growth

President Lee Jae-myung on Thursday unveiled a sweeping shift in national strategy, placing regional-led growth at the center of his New Year agenda and signaling the launch of large-scale projects outside the capital region.In his New Year address, Lee said the government would pivot from a Seoul-centric development model to empower regions as engines of gr..

Korea tightens rules on foreign property speculation
The Ministry of Land, Infrastructure and Transport will expand reporting requirements and make funding reviews more stringent to block speculative real est..

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