S. Korean gov’t unveils new measures to support self-employed

S. Korean gov’t unveils new measures to support self-employed


in South Korea more than 20% of the
employed are self-employed to improve the business environment for these
people the moon jaein administration has announced various measures such as
providing financial support to lessen the burden stemming from the minimum
wage hike and this morning the government unveiled fresh measures
including revitalizing old downtown areas and for more our Korean he is on
the line for us Unni tell us the latest Shion the South
Korean government announced on Thursday that by 2022 30 commercial districts in
Cole downtown areas where self-employed businesses are concentrated will be
transformed into a new composite space where people can enjoy shopping and
culture the specific locations of where these 30 areas will be has not been
decided yet speaking to reporters in Seoul the minister of SMEs and startups
whom to walk set this measure includes supporting traditional markets by
improving their facilities or providing enough space for parking
another main issue is revitalizing the local economy
the Ministry of SMEs aims to issue more gift certificates that can be used in
traditional markets or small and mid-sized businesses one example is the
annuity gift certificate and the ministry is to issue around eight point
nine billion u.s. dollars worth of the certificates by 2022 the government
vowed to encourage public institutions to purchase more of these certificates
all right then what about the people who want to start their own businesses in
the future any plans for them yes by 2022 the government aims to provide
vocational training for 20,000 people wishing to start their own business in
addition the government aims to provide videos of success and failure stories of
startups and lastly it will review whether it is possible to ease the
conditions for the self-employed to get employment insurance that’s all for me
at this hour to you

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