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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.
H&M, the world's second-biggest fashion retailer, said on Tuesday it had temporarily closed 95 of its stores in the United States because of the violent protests following the death of George Floyd in police custody.
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