small merchants Archives | Be Korea-savvy
Small Biz Owners Welcome Full Lifting of Social Distancing Rules, Some Still Concerned

Small Biz Owners Welcome Full Lifting of Social Distancing Rules, Some Still Concerned

SEOUL, April 15 (Korea Bizwire) — Small merchants on Friday welcomed the government’s decision to lift all COVID-19 social distancing rules, except the mask mandate, next week for the first time in two years, while some people still expressed concerns over the possible resurgence of the virus. Starting Monday, restaurants, cafes and other small businesses [...]

Small Biz Owners Welcome Eased Virus Rules, Call for Complete Removal of Restrictions

Small Biz Owners Welcome Eased Virus Rules, Call for Complete Removal of Restrictions

SEOUL, April 4 (Korea Bizwire) — Restaurants, cafes and other small business owners welcomed the latest relaxation of pandemic-related business restrictions Monday while demanding the complete removal of social distancing and other virus curbs that have been in place for almost two years. South Korea raised the ceiling for private gatherings at multiuse facilities from [...]

Struggling Small Merchants Express Frustration over Meager Virus Curb Relaxation

Struggling Small Merchants Express Frustration over Meager Virus Curb Relaxation

SEOUL, March 18 (Korea Bizwire) — Restaurants, cafes and other small business owners on Friday expressed frustration over the government’s latest COVID-19 rule relaxation, with many questioning the efficacy of the gathering restriction when the nation is faced with its biggest virus wave to date. Earlier in the day, the government decided to raise the [...]

About 2,000 Small Merchants File Damage Suit over COVID-19 Biz Restrictions

About 2,000 Small Merchants File Damage Suit over COVID-19 Biz Restrictions

SEOUL, March 4 (Korea Bizwire) — About 2,000 restaurant owners and other small merchants sued the government Friday for a total of more than 161 billion won (US$133 million) won in damages for losses incurred due to anti-COVID-19 business restrictions before a compensation law was enacted. The association of small businesses representing the businessmen filed [...]

Angry Small Merchants Protest Against Business Curfews, Threaten Disobedience Campaign

Angry Small Merchants Protest Against Business Curfews, Threaten Disobedience Campaign

SEOUL, Feb. 15 (Korea Bizwire) — Hundreds of restaurant and other small business owners demonstrated in central Seoul on Tuesday, demanding the government lift business hour curfews and sufficiently compensate them for losses from the prolonged anti-virus restraints. Some 200 members of the so-called emergency association of small business hit by COVID-19 gathered near Gwanghwamun [...]

Hyundai Launches Campaign to Help Small Merchants Explore New Sales Channels Online

Hyundai Launches Campaign to Help Small Merchants Explore New Sales Channels Online

SEOUL, Dec. 29 (Korea Bizwire) — Hyundai Motor Group has formulated a plan to help small merchants that are suffering from the prolonged COVID-19 pandemic as part of its social contribution program ‘Gift Car.’ The group announced on Tuesday that it will launch the ‘Gift Car On Air’ campaign to help small businesses typically accustomed [...]

Gov’t to Cut Credit Card Processing Fees for Small Merchants

Gov’t to Cut Credit Card Processing Fees for Small Merchants

SEOUL, Dec. 23 (Korea Bizwire) – The government will cut credit card processing fees for small merchants to ease their burdens amid the COVID-19 crisis, the ruling Democratic Party said Thursday following its meeting with financial authorities. The commission rate for small merchants with an annual revenue of below 300 million won (US$252,550) will be lowered from [...]

S. Korea Draws Up Additional 12.7 tln-won Scheme for Merchants, Vulnerable People

S. Korea Draws Up Additional 12.7 tln-won Scheme for Merchants, Vulnerable People

SEOUL, Nov. 23 (Korea Bizwire) — South Korea said Tuesday it plans to chart out around 12.7 trillion won (US$10.7 billion) worth of support measures for pandemic-hit small merchants and vulnerable people with excess tax revenue and the state budget. The government unveiled a package of measures to support small merchants, including low interest rate [...]