After exiting recession in the third quarter, the economy could start to weaken again as spending flags in the face of a third wave of the pandemic and stimulus money run out.
Infectious diseases always hit vulnerable people and businesses first. After an alarming spike in new Covid-19 cases, restaurants and other businesses — in which human contact is unavoidable — have been directly affected by an...
Starting Monday, people hit hard by the coronavirus pandemic are entitled to apply for a subsidy of 1.5 million won ($1,200). Applications are open until July 3.
A government and management-led campaign to return emergency disaster relief grants — 1 million won ($810) for a family of four — is not gaining much traction, as employees resist returning the money and local governments said it would be better ...
Namdaemun Market in central Seoul, is filled with grocery shoppers Thursday, two days after emergency disaster funding was distributed by the central government. Relief grants can only be used in traditional markets and local businesses.
Wine, imported meats and Bluetooth headphones ? items normally considered expensive to buy in convenience stores ? were flying off the shelves in April, according to data released by three major convenience store chains Tuesday.
With five days left until the central government officially rolls out disaster relief grants to the entire nation, Gyeonggi, the first region on the peninsula to provide such relief to all residents, is grappling with the unintended consequences.