16 March 2020 – Announced job maintenance subsidies for tourist industry

Intervention Categories: Finance policy and financial aid; Stimulus packages and financial support
Level of Jurisdiction: National

Overview: The Ministry of Employment and Labor announced it would offer job maintenance funds to businesses in the tourism industry, subsidizing up to 90 percent of the cost of employee leaves of absence.

Up to 171,500 workers in the tourism industry will be eligible for the subsidy.
Full details here: http://www.moel.go.kr/news/enews/report/enewsView.do?news_seq=10797