THE KOREA ECONOMIC DAILY, GLOBAL EDITION

The Military Mutual Aid Association (MMAA) will liquidate half of its 1.6 trillion won ($1.4 billion) worth of non-performing assets by early 2021 and put the proceeds to new alternative and global investments, said its chief executive officer.

MMAA, a $9 billion savings fund for South Korean military officers and personnel, has been struggling to retrieve investments it had made in domestic real estate ...