Financial News

South Korea unveils US$8.5 billion package to fight new COVID-19 wave

SEOUL: South Korea unveiled a fresh 9.3 trillion won (US$8.49 billion) package on Tuesday (Dec 29) to support small businesses hit by a third wave of COVID-19 and those vulnerable to unemployment due to the outbreak. Of the total package, 5.6 trillion won will be used to fund cash handouts to …

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