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Dec job loss largest in over 2 decades amid pandemic

S Korea sees largest drop in no of employed in 22 years

S Korean gov t to start distributing 3rd round of COVID-19 relief funds next MondayNews

S Korean gov t to start distributing 3rd round of COVID-19 relief funds next MondayNews
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Korea to provide relief funds to small business owners by Lunar New Year s holiday

Gov t to supply 460,000 homes in 2021

Gov’t to supply 460,000 homes in 2021 Dec 23, 2020, 08:25 am Finance Minister Hong Nam-ki speaks during a meeting on the real estate market with economy-related ministers at the Seoul Government Complex in Seoul on Dec. 22, 2020./ Source: The Ministry of Economy and Finance AsiaToday reporter Lee Ji-hoon  Finance Minister Hong Nam-ki said Tuesday that the government will provide 460,000 housing units next year, including 319,000 apartment units, as part of efforts to stabilize the overheated housing market. “The basic premise for a stable housing market is a sufficient supply,” the minister said during a meeting on the real estate market with economy-related ministers at the Seoul Government Complex.

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