On the 12th, nine business representatives attending the 9th plenary meeting of the Minimum Wage Commission abruptly left the negotiation table at 11:41 PM at the Government Sejong Complex and held a press conference. (Photo by Moon Chae-seok)

On the 12th, nine business representatives attending the 9th plenary meeting of the Minimum Wage Commission abruptly left the negotiation table at 11:41 PM at the Government Sejong Complex and held a press conference. (Photo by Moon Chae-seok)

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[Sejong=Asia Economy Reporter Moon Chaeseok]


Press conference at 11:41 PM on the 12th.



Ryu Gijeong, Executive Director of the Korea Employers Federation (KEF), stated, "The minimum wage of 9,160 won per hour proposed by the public interest committee clearly exceeds the payment capacity of small and medium-sized enterprises and small business owners."


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