The number of the self-employed with no employee has been on a steady rise. According to the National Statistical Office on July 23, the number of the self-employed without employees stood at 3,966,000 as of the first quarter of this year, up by 104,000 from a year ago.
This type of business is chosen mainly by those who cannot afford to bear the burden of hiring employees. A good example of the business run by these people is the unmanned claw machine arcades.
As the number of crimes targeting these unmanned stores increases in recent days, the self-employed people are voicing rising concerns about the safety.
On July 17, three teenagers who stole 20 million won worth of goods from 23 unmanned claw machine arcades in seven cities nationwide were arrested, following similar cases in Cheongju in North Chungcheong Province in May and in Seoul in April.
National Pension Service’s (NPS) recent invitation for investment proposals to domestic private equity and venture capital funds, which amounts to 650 billion won ($577 million), has met with a lukewarm response from fund houses, amid concerns about the $500 billion&hellip
Korea Investment Corporation (KIC) Chief Investment Officer Shinwoo Kang will give a keynote speech in a global real estate and infrastructure summit on Oct. 25 in Seoul, where key investment decision-makers of South Korea’s biggest asset owners are set to&hellip
Asia-based investment firm Pacific Alliance Group (PAG) has bought an office building in southern Seoul from a fund led by the Public Officials Benefit Association (POBA) for around 310 billion won ($273 million), at a time when the growing nuclear&hellip