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Gov’t Allows Large Firms to Advance into Used Car Market

SEOUL, March 17 (Korea Bizwire) — The government decided Thursday to allow large companies to advance into the secondhand car market despite opposition from small players in the business. A deliberation committee under the Ministry of SMEs and Startups decided not to designate secondhand vehicles sales as one of the “livelihood businesses” that must be [...]

Big Firms Join ‘Social-distancing’ Drive amid Virus Crisis

SEOUL, March 5 (Korea Bizwire) — Big businesses in South Korea are introducing more “social-distancing” measures to help contain the disruptive coronavirus outbreak, sources said Thursday. It comes as the government has proposed a social-distancing drive to slow the fast spread of the pneumonia-causing disease, seeing the next couple of weeks as a turning point [...]