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South Korea to raise mininum wage by 11% to $10; small businesses reject decision

July 14, 2018 3:18 PM

SEOUL (REUTERS) – South Korea on Saturday (July 14) decided to raise the minimum wage by 10.9 per cent to 8,350 won (S$10.11) an hour next year but a small-business group said it would refuse to implement the reform as its members were already grappling with a slowing economy.

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