Merchant bankruptcy subsidies hit 544.2 billion won
Published: 20 May. 2024, 19:59
![A seller of used kitchen products moves packages at a store in Hwanghak-dong, central Seoul, on Monday. [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2024/05/20/a6c75112-2959-4016-a5f8-5b96bea12f4f.jpg)
A seller of used kitchen products moves packages at a store in Hwanghak-dong, central Seoul, on Monday. [YONHAP]
A seller of used kitchen products moves packages at a store in Hwanghak-dong, central Seoul, on Monday.
A rising number of small merchants are receiving subsidies after going bankrupt. The amount of subsidy offered to such sellers reached 544.2 billion won ($400.4 million) between January and April, up 19.9 percent from a year ago.
with the Korea JoongAng Daily
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