Culture Ministry to inject W50b toward loans for tourism businesses hit by COVID-19 outbreak
Feb 17, 2020
The Ministry of Culture, Sports and Tourism on Monday announced that it will inject 50 billion won ($42.3 million) to provide loans without collateral to small and medium-sized companies involved in tourism, following the outbreak of the COVID-19 virus. “We hope that providing prompt and practical emergency financial assistance will help those suffering in the tourism industry due to the spread ...