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A service for global professionals · Monday, July 7, 2025 · 828,921,389 Articles · 3+ Million Readers
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  • Published on July 6, 2025 - 17:30 GMT

    S. Korea goes through unexpected wave of business shutdowns

    (MENAFN) South Korea experienced an unprecedented wave of business closures in 2024, with over 1 million shop owners shutting down operations—a record high since statistics began in 1995, according to reports citing official data. A total of 1,008,282 …

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  • Published on July 6, 2025 - 10:46 GMT

    South Korea Reports Over 1M Business Closures in 2024

    (MENAFN) In a historic milestone, more than 1 million businesses in South Korea shuttered in 2024, marking the first time ever the nation has seen such a high number of closures, according to official data reported by media on Sunday. The retail and …

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