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S.KOREA

Korea to create NongHyup audit committee to tighten oversight

South Korea’s ruling Democratic Party and the government on March 11 agreed to push forward a reform plan for the National Agricultural Cooperative Federation (NongHyup), including the creation of an independent external audit body to strengthen oversight.The plan was confirmed during a government–party policy meeting at the National Assembly. Officials said..

Lee ramps up pressure on multi-home owners
President Lee Jae-myung is increasingly directing his real estate normalization message toward multi-home owners and rental business operators, as his admi..

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