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Foreign workers in Korea's booming shipyards struggle with high remittances, debt obligations

Summary by Korea JoongAng Daily
In Geoje and Ulsan, where shipbuilding is booming again, local economies remain stagnant — and growing numbers of foreign workers are being blamed for not spending. But for many, it’s not that they won’t spend — it’s that they can’t.
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Korea JoongAng Daily broke the news in Seoul, Korea, Republic of on Tuesday, June 17, 2025.
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