New Business Launches Decline for the Second Consecutive Year in 2022

SEOUL, Dec. 21 (Korea Bizwire) – The number of newly established companies in South Korea fell for the second consecutive year in 2022 amid an economic slowdown, data showed Thursday. Some 997,000 businesses were newly established last year, down 3.5 percent from a year earlier, according to the data compiled by Statistics Korea. In 2021, [...]