The ratio of newly established corporations in South Korea to those defaulting rose to 63.9% in February from 51.8% in January, influenced by the fall in the number of corporations defaulting, the Bank of Korea said on Sunday.
This marks the highest start-up / failure ratio since July 2009.
Some 111 companies defaulted during February in South Korea, down from 141 in the previous month.
The number of newly established corporations stood at 4,668, down from the previous month's 5,335, the central bank said.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.