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Struggling Small Merchants Hold Rally Against Business Curfews, Vaccine Pass System

Struggling Small Merchants Hold Rally Against Business Curfews, Vaccine Pass System

SEOUL, Dec. 22 (Korea Bizwire) — Hundreds of restaurant and other small business owners demonstrated in Seoul on Wednesday, demanding the government scrap the toughed social distancing rules and operating hour curfews that they say would crush their businesses already struggling amid the prolonged pandemic. Some 300 members of the so-called national emergency association of [...]

Small Merchants to Hold Street Protest Against Toughened Virus Curbs

Small Merchants to Hold Street Protest Against Toughened Virus Curbs

SEOUL, Dec. 21 (Korea Bizwire) — Owners of restaurants, cafes and other small businesses plan to hold a rally in Seoul this week to protest the government’s implementation of toughened gathering restrictions and business curfews, according an association of small merchants Tuesday. The so-called national emergency association of small business against COVID-19 said it plans [...]

Hundreds of Merchants Hold Late Night Drive-through Rally Against COVID-19 Restrictions

Hundreds of Merchants Hold Late Night Drive-through Rally Against COVID-19 Restrictions

SEOUL, July 15 (Korea Bizwire) — More than 750 small business owners held a drive-through rally late Wednesday night to protest the government’s strengthened COVID-19 restrictions in light of a recent flare-up of infections, organizers said. The merchants, who united under the banner of a national emergency committee for small business owners, drove around 11 [...]

S. Korea Mulls Including Rental Assistance for Virus-hit Merchants in Emergency Handouts

S. Korea Mulls Including Rental Assistance for Virus-hit Merchants in Emergency Handouts

SEOUL, Dec. 20 (Korea Bizwire) — South Korea is considering providing rental assistance to smaller merchants hard hit by the new coronavirus outbreak, when it will give them another round of emergency handouts next month, people familiar with the matter said Sunday. The move comes as more smaller merchants and self-employed people are facing the [...]

Live Commerce Broadcasting Supporting Small Merchants Garners Public Attention

Live Commerce Broadcasting Supporting Small Merchants Garners Public Attention

SEOUL, Nov. 16 (Korea Bizwire) — A live commerce broadcasting channel run by youngsters in their 20s aimed at helping small merchants is drawing public attention in South Korea. During the broadcasts, the two live-stream their shopping on behalf of their viewers to help merchants at traditional five-day markets in South Gyeongsang and Jeolla Provinces, regions [...]

S. Korea Seeks to Cut Card Fees for Smaller Businesses

S. Korea Seeks to Cut Card Fees for Smaller Businesses

SEOUL, Nov. 26 (Korea Bizwire) — Officials from the government and the ruling Democratic Party (DP) agreed Monday to cut card commission rates for smaller business owners to help them tide over economic difficulties. The move came as small businesses are feeling the pinch the most amid the economic downturn and the government’s hikes in [...]

Interchange Fees Stifling Small Business

Interchange Fees Stifling Small Business

SEOUL, Oct. 5 (Korea Bizwire) — Merchants in North Jeolla Province are struggling under the burden of interchange fees, according to a recent survey conducted by the Korean Confederation of Trade Unions (KCTU). Queried on the business expense that needs to be addressed most urgently, 59.3 percent of the respondents chose interchange fees. That is [...]

7 out of 10 Small Businesses “Unable to Cope with Minimum Wage Hike”

7 out of 10 Small Businesses “Unable to Cope with Minimum Wage Hike”

  SEOUL, Jul. 23 (Korea Bizwire) – A majority of small business owners in South Korea are considering reducing staff after being having difficulty coping with the government’s recent minimum wage hikes, the latest of which is set to come into effect next year. According to a survey of 300 small business owners and vendors [...]