Banks Suspend Sales of H-Index ELS as Losses Increase
H-index ELS loss… 4 out of 5 major commercial banks suspend sales Major commercial banks decided to temporarily suspend sales of the China Hong Kong Hang Seng Enterprise Index (H Index) as losses from equity-linked securities (ELS) increased rapidly. This is interpreted as a measure that takes into account the increased volatility in the financial […]
Teenagers’ confident ‘eating and running’… You didn’t check your ID.
[사진=온라인 커뮤니티] There is controversy after a story was posted about teenagers brazenly eating and running. On the 11th, an article was posted on an online community with the title ‘Incheon high school students scam’. Author A posted a photo of the receipt with the title, ‘Note left at the scene after 2 men and […]
Self-Employed Business Owners Struggle as Sales Decline and Closure Becomes a Possibility
Sales Decline Takes a Toll on Self-Employed Individuals According to a recent survey conducted by the Federation of Korean Industries, more than 60% of self-employed individuals reported a decline in sales during the first half of this year compared to the previous year. This has led to around 40% of them considering closing their businesses […]
40% of Self-Employed Individuals Considering Closing Businesses within 3 Years due to Increased Loans and Fixed Costs
The rise in loans and fixed costs has put many self-employed businesses at risk of closure, with 40% considering shutting down within the next three years. Economic Outlook for Self-Employed Sales Despite the lifting of COVID-19 quarantine measures, sales for domestic self-employed individuals have decreased in the first half of this year. Additionally, half of […]
Storm after a taxi ticket hike
◀ Anchor ▶ Since yesterday, the basic taxi fare has risen by 1,000 won. Nevertheless, it is onerous, but the increase in the felt rate is said to be significant during the late hours of the night when the surcharge is up to 40%. Taxi drivers as well as self-employed people are increasingly concerned that […]
Financial Services Commission expands target and limit of low interest refinancing loans for small businesses
All individual business owners and corporate small business loans available… Second half personal credit loans Starting next month, the target and limit of support for government policy programs to ease the burden of high interest loans for small businesses will be expanded. The Financial Services Commission announced on the 1st that it would improve the […]
large corporations borrow, self-employed pay off … The 5 largest banks, private business loans, decline
Yonhap News file photo As the self-employed, whose interest burden increased during a period of rising interest rates, partly paid off their debts, loans to individual businesses in the top five commercial banks turned to decline last month. Faced with high interest rates, households are paying off their debts, while large corporations seeking bank loans […]
He said he was going to help a trader in need … A persistent scammer who ran away with just the taxi ticket was arrested
◀ anchor ▶ This is news that has been controversial all day today. Anger is growing as the story of a customer who ordered more than 1 million pork belly at a restaurant did not appear without a word. These days, the so-called ‘no show’ behaviour, which rings double for self-employed people who are still […]
Start off-up Fund Executed in Oct… Up to 80% of debtors overdue by a lot more than 90 times can be forgiven – Bravo My Lifetime
(Etoday DB) The ‘Startup Fund’, which lowers the credit card debt stress of self-used owners and tiny organizations influenced by COVID-19, will be implemented from October. Self-employed and small business owners who have been extra than 90 times late on a financial loan can receive up to 80% of the principal. Even if you have […]
‘Startup Fund’ self-used credit card debt relief starts in October … Up to 80%
◀ anchor ▶ Self-employed individuals have been pushed to the brink by the corona virus. I was in personal debt to continue to keep the shop, and I had more pricey financial debt to pay out off that financial debt. The governing administration has made a decision to start the ‘Initial Fund’ in October to […]
