Merchant bankruptcy subsidies hit 544.2 billion won
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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]

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.
 
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