'Alone in the dark': S Korea's small businesses reel from new virus clampdown - News Summed Up

'Alone in the dark': S Korea's small businesses reel from new virus clampdown


Asia's fourth-largest economy returned to growth in the third quarter, reversing its sharpest contraction in more than a decade, as the government pushed through stimulus measures, and major trading partners eased virus curbs. But the revival of financial asset prices has shown little spillover into the real economy, as owners of small businesses and street shops shut down in the face of the new restrictions. CALLS FOR GOVERNMENT AIDThe usual bustling activity and long queues in many of Seoul's shopping streets and nightlife areas was missing on Monday evening. "I hope the government will provide practical measures to help us, because constantly suspending night operations virtually means no business," she added. Young people voiced frustration and disappointment at the latest rules, but many supported stronger action.


Source: bd News24 November 24, 2020 07:18 UTC



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