South Korea president Yoon Suk-yeol has announced $260bn package of measures to ease inflationary pressure and boost exports.
Included is a $6.6m package to subsidise some 750 small and mid-sized exporters’ logistics costs and boost South Korea’s export competitiveness.
Seoul is also considering increasing the free storage duration for outbound containers, from three to four days, in Busan, the country’s main container port.
In addition, around $44m will be set aside for low-interest …
The post Seoul government bolsters exports with new financial package for SMEs appeared first on The Loadstar.
