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Australia’s Gilmour Space Technologies ready to launch maiden Eris Test flight the nation’s first orbital launch in over 50 years
Gilmour Space Technologies is the leading launch services company...
Korea’s space agency seeks revision of plan to modify next-gen rockets into reusable system
South Korea's aerospace agency said on Thursday that it...
UAE Space Agency Signs Agreement With Technology Innovation Institute to Execute the Emirates Mission to the Asteroid Belt’s Lander Project
In the presence of His Highness Sheikh Hamdan bin...
Private Japanese lunar lander enters orbit around moon ahead of a June touchdown
A private lunar lander from Japan is now circling the moon, with...
Indian astronaut to travel soon to ISS as part of ISRO-NASA Mission
Prime Minister Narendra Modi said by 2040, an Indian’s...
China issues regulatory framework to support direct-to-device satellite services
HELSINKI — China has released comprehensive regulations for direct-to-device...
Astranis clinches $115 million Taiwan deal despite satellite setback
TAMPA, Fla. — Astranis has signed a $115 million...
UAE and Egypt Strengthen Space Collaboration with New MoU
In a milestone development for Arab space collaboration, the...
Seoul launches 4th spy satellite to boost North Korea surveillance
South Korea’s military now operates an increasingly integrated cluster...
Indonesia seeks space defense cooperation with Japan’s military
Jakarta (ANTARA) - The Ministry of Defense of Indonesia...

May 2nd, 2011
Korea – Package of Tax, Loan Supports Set for Builders

The government said Sunday it would extend tax benefits to real estate investors in the Seoul metropolitan area and widen financial support for local builders as a way of shoring up the sluggish housing market. In their joint statement, the Land Ministry, the Finance Ministry and the Financial Supervisory Commission said the government will urge banks to roll over maturing project finance loans to builders and provide financial support for those facing a credit crunch.  Read More