Microbusiness owners grapple with sharp rise in wages koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.
A total of 3,000 businessmen running small and medium-sized companies around the country held a rally at the National Assembly on Wednesday, urging parliament to pass a revision bill to defer the enforcement of a workplace safety act. Participants in the rally were mainly from 17 business community groups, including the Korea Federation of SMEs, the Korea Federation of Micro Enterprise, and the Korea Food Service Ind.
The Reasonable Price businesses program, where the government provides tax incentives and subsidizes essential daily items, thereby enabling lower prices, was initiated in 2011 to stabilize costs. This approach was promoted as a win-win policy for both customers and business owners.
A 41-year-old French restaurant owner surnamed Lee is afraid to see his upcoming electricity bill for July because he has had air conditioners running all day long over the past few weeks.
Next Year s Hourly Minimum Wage Set at 9,860 Won koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.