Moon Pledges 100 tln Won of Emergency Funding for Virus-stricken Business Sector

SEOUL, March 24 (Korea Bizwire) — President Moon Jae-in unveiled plans Tuesday to double the size of his administration’s emergency-financing aid package to 100 trillion won (US$80 billion) for businesses here under growing stress from the coronavirus pandemic, and he announced a set of special funds to stabilize South Korea’s bond and securities markets. He [...]