SEOUL, May 24 (Korea Bizwire) — Nine out of 10 households have received the emergency relief funds provided by the government as part of efforts to cushion the economic fallout from the new coronavirus, the interior and safety ministry said Sunday. Over 20 million households had received the funds as of Saturday, accounting for 92.6 [...]
SEOUL, May 22 (Korea Bizwire) – South Korea’s provision of emergency relief funds began to boost private consumption, raising revenues of small merchants hit hard by the new coronavirus pandemic in the first week of the payout, data showed Friday. In a one-off aid program, the government began offering the relief funds totaling 14.3 trillion [...]
SEOUL, May 18 (Korea Bizwire) — A majority of college students and job seekers believe that emergency coronavirus relief funds are helpful, a recent survey revealed. Alba Heaven, an online part-time job portal, conducted a study of 6,226 university students and job seekers, 74.5 percent of whom believed that the funds helped them overcome economic [...]
SEOUL, May 13 (Korea Bizwire) — Many South Korean families could use their emergency coronavirus relief funds on private education costs due to the rather broad spending restrictions, online comments and opinions suggested Wednesday. Earlier in the day, the government began offering emergency funds in the forms of credit or debit card points — 1 [...]