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Wholesaler bankruptcy is still high
Published: 2006-08-31 06:57:00
Updated: 2006-08-31 06:57:00
The number of insolvent wholesalers has been still increasing as of August 28 with a similar trend of last year as many wholesalers are unable to repay their borrowings amid a sluggish domestic economy, according to Yakup Shinmoon citing the data of Korea Drug Wholesaler Association.
The wholesaler bankruptcies are expected to further strain already weak domestic consumption.
The number o...
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