SEOUL, Sept. 9 (Korea Bizwire) — Convenience store chains are competing to entice customers to spend their emergency relief funds, which the government started distributing on Monday. Stores began to come up with various marketing strategies that allow customers to purchase various electronic devices such as wireless earphones or smartwatches with the relief funds. GS25 [...]
SEOUL, Aug. 31 (Korea Bizwire) — Local migrant groups on Tuesday called upon the government to come up with a non-discriminatory COVID-19 relief aid program, ahead of an envisioned massive rollout of cash handouts next month. Around 100 migrant groups, including Migrants Center Friend, issued a joint statement demanding the government cover the migrant population [...]
SEOUL, Aug. 30 (Korea Bizwire) — South Korea said Monday it will begin providing emergency relief funds to people in the bottom 88 percent income bracket next week in the latest move to help them cope with the fallout from the pandemic. The government will begin to provide up to 250,000 won (US$215) per recipient [...]
SEOUL, Aug. 19 (Korea Bizwire) — South Korean household income declined in the second quarter from a year earlier due to last year’s high base after the government doled out massive pandemic relief funds to all households the previous year, data showed Thursday. The average household earned 4.29 million won (US$3,600) per month in the [...]
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 [...]
SEOUL, Dec. 14 (Korea Bizwire) — Around 90,000 home care workers and after-school tutors will receive 500,000 won (US$458) in coronavirus relief funds from the government in the first half of next year, the labor minister said Monday. The payment is part of a government plan to support essential workers during the COVID-19 pandemic, Labor [...]
SEOUL, Oct. 12 (Korea Bizwire) — The Seoul Metropolitan Office of Education announced Monday it will give out emergency relief funds to young foreign nationals in the city to alleviate the economic burden of the new coronavirus. The new measure, with a budget of around 1.74 billion won (US$1.51 million), will cover some 5,100 elementary [...]
SEJONG, Aug. 20 (Korea Bizwire) — South Korea’s household income rose in the second quarter from a year earlier, thanks to the government’s emergency handouts to ease the fallout of the coronavirus pandemic, a report showed Thursday. The average household earned 5.27 million won (US$4,473) per month in the second, up 4.8 percent from the [...]
SEOUL, June 12 (Korea Bizwire) — Excluding foreign residents from COVID-19 emergency relief funds in Seoul and Gyeonggi Province is an unjustified act of discrimination, a human rights watchdog said Thursday. The National Human Rights Council of Korea (NHRCK) called on Seoul Mayor Park Won-soon and Gyeonggi Province Gov. Lee Jae-myung to take corrective measures [...]
SEOUL, June 10 (Korea Bizwire) — The state coronavirus relief funds have been spent mostly on dining out and grocery shopping, the interior ministry said Wednesday, based on an analysis of credit card data. The Ministry of Interior and Safety analyzed credit and debit card transactions from May 11-31 from eight financial firms to find [...]