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‘70% of Business Risks Related to Finance’

News2008-12-03

Seventy percent of domestic businesses say their largest risks are related to financial issues.

According to a survey of 500 companies by the Korea Chamber of Commerce and Industry, almost 40 percent of the respondents said that they are most concerned about the exchange rate, while nearly 30 percent said their worries lie with liquidity shortage problems.

High crude oil and raw material prices accounted for over 25 percent of the responses, followed by concerns over labor-management disputes and leakage of technology and license violation issues.

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