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View all search resultsProposed changes to a Trade Ministry regulation would revoke a price cap for listing of products at retailers, which micro, small and medium enterprises (MSMEs) fear will only benefit suppliers with large capital at hand.
While policymakers brag that retail sales returned to growth in June and per-day exports recorded the slowest decline in 7 months in August, small businesses are failing at a rate not seen since the global financial crisis, data from the Korea Statistics shows.
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